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Non-oil sector activity hits four-year low in July
The headline PMI dipped to 52.9 in July, from 53.5 in June
Abu Dhabi’s non-oil trade reached AED 195.4 bn in 1H
Non-oil exports grew 64% y-o-y
Non-oil trade soars 24% y-o-y to hit AED 1.7 tn in 1H 2025
UAE non-oil exports hit a historic high in 1H this year, reaching AED 369.5 bn
Amea’s Cox inks EUR 250 mn agreement for desalination and wind power in Morocco + DIB, Emirates NBD lend to firms overseas
Plus: Yango and AD Ports expand further abroad
Demand for industrial, logistics space in Dubai drops by a third in 1H 2025 as rents climb amid limited stock
The logistics sector dominated demand
US trade policy grinds down global corporate investment
Meanwhile, Wall Street neared record highs due to “euphoric” conditions
Emirates Food Industries to develop AED 2 bn grain storage and processing complex at Khalifa Port
The firm will set up silos with a storage capacity of around 150k metric tons
AD Ports opens China office
Plus: CBUAE launches another financial markets-focused JV
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