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Middle East: PMI surveys and private-sector activity

This dossier follows monthly PMI surveys in Middle Eastern economies, comparing signals from non-oil or non-energy private sectors without equating them with national accounts.

Last updated : 1 key moments
Flag of Saudi Arabia; illustration.
Saudi flag, geographic illustration. NLLI17 / Wikimedia Commons, CC BY-SA 4.0; PNG rendering. Illustration of the Saudi component. — NLLI17 / Wikimedia Commons — CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0/ ; rendu PNG du SVG, sans autre modification.

Where things stand

October surveys released on 3 November 2026 put Saudi Arabia at 54, Kuwait at 52.9, Egypt at 47.2 and Qatar at 46.3. The first two readings remain above 50 and the other two below it.

Reported information

October PMIs show contrasting activity across Saudi Arabia, Kuwait, Egypt and Qatar

PMI surveys released on 3 November 2026 indicate that Saudi and Kuwaiti non-oil private-sector business conditions remained in expansion in October, while Egypt and Qatar’s non-energy private sector remained in contraction, according to S&P Global.

Flag of Saudi Arabia; illustration.
Saudi flag, geographic illustration. NLLI17 / Wikimedia Commons, CC BY-SA 4.0; PNG rendering. Illustration of the Saudi component. — NLLI17 / Wikimedia Commons — CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0/ ; rendu PNG du SVG, sans autre modification.

Saudi Arabia’s index fell from 55.3 to 54, despite faster output growth reported by firms. Kuwait’s rose from 52.4 to 52.9 as orders and production increased.

Egypt’s PMI held at 47.2, while Qatar’s dropped from 47.3 to 46.3. The 50 threshold separates improving from deteriorating business conditions compared with the preceding month. These survey indices describe the sectors covered; they do not directly measure GDP growth.

Sources 6

Middle East: PMI surveys and private-sector activity · Moojaz