{
  "id": 5577730,
  "title": "UAE shares jump as PMI shows solid growth in August",
  "url": "https://urgent.news/2026/09/04/uae-shares-jump-as-pmi-shows-solid-growth-in-august",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-04T14:37:22.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40437958/uae-shares-jump-as-pmi-shows-solid-growth-in-august"
  },
  "original_language": "en",
  "account": "Stock markets in the United Arab Emirates (UAE) surged on Friday after a business survey revealed the non-oil private sector expanded solidly in August. The S&P Global UAE Purchasing Managers' Index (PMI) climbed to 55.3 in August from 52.7 in the previous month. Dubai's leading index climbed 0.7% amid broad-based gains, propelled by a 2.2% surge in developer Emaar Properties. Low-cost carrier Air Arabia soared 2.1%, announcing it would increase its Bangkok flights with four daily services from Sharjah. Abu Dhabi's benchmark index rose 0.5%, buoyed by a 1.5% gain in the UAE's largest lender, First Abu Dhabi Bank, and a 1.2% rise in Abu Dhabi Commercial Bank. Aldar Properties gained 1.6% following the completion of mortgage financing on an off-plan property, facilitated through Abu Dhabi Real Estate Centre's (ADREC) newly introduced framework. Oil prices, a key driver for the Gulf's financial market, decreased by 0.45% to $95.11 a barrel as of 1139 GMT.",
  "summary": "Stock markets in the United Arab Emirates rose on Friday after a business survey showed the country’s non-oil private sector expanded at a solid pace in August, driven by stronger output and new business growth. The S&P Global UAE Purchasing Managers’ Index (PMI) rose to 55.3 in August from 52.7 in July. Dubai’s main index advanced 0.7% in broad-based gains, led by a 2.2% rise in blue-chip…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}