The S&P Global PMI survey for the UAE was unchanged at 54.0 in April, still indicative of solid growth in the non-oil private sector though moderately weaker than the 54.7 averaged over the first quarter.
The Dubai S&P Global PMI survey slipped to 52.9 in April, down from 53.2 the previous month. This marked the joint-softest pace of growth for the headline index since September 2021, in line with the level recorded in July last year.
The Riyad Bank PMI survey for Saudi Arabia fell to 55.6 in April, down from 58.1 the previous month.
The S&P Global PMI survey for Egypt slipped to 48.5 in April, down from 49.2 the previous month. This was the second consecutive contractionary reading for the index following on from two months of 50.0-plus expansion in January and February.