Kuwait PMI rises as Egypt, Qatar private sectors remain in contraction

RIYADH: Growth in Kuwait’s non-oil private sector accelerated in October, while Egypt’s remained in contraction for a 10th consecutive month as Qatar’s non-energy sector saw its sharpest downturn since May. According to the latest Purchasing Managers’ Index reports by S&P Global, Kuwait’s PMI rose to 52.9 in October, up from 52.4 in September, marking a fourth consecutive month above the…