Non-oil private sectors in Kuwait and Qatar continue to grow, while Egypt's private sector rebounds after years of slowdown, according to S&P Global. Kuwait's purchasing managers' index reached 53.4 in January, indicating expansion, while Qatar's PMI fell to 50.2, signaling slower improvement. Egypt's PMI stood at 50.7, showing positive growth. The steady growth in non-oil business activities in the Middle East highlights economic diversification efforts. Despite positive growth, firms remain uncertain about future stability.
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Original article source: https://www.arabnews.com/node/2588954/business-economy
Source Id: 2025-02-622430396