The midfielder suffered medial knee ligament damage during Arsenal's north London derby win over Tottenham and has not played since.
Xhaka, however, has been working hard on his recovery and is making very good progress.
“Hopefully he will be a little bit sooner than expected, he is training and pushing himself and all the staff so hard like he always does," Arteta said.
“He is in a good place, he is evolving well and hopefully we can have him a little bit earlier. It is still a bit early to decide."
Need a VPN? Or seeking to switch? Then support Tribal Football by clicking here to sign up with our official partners NordVPN. Not only will you receive the best VPN experience, but also great discounts by signing up via Tribal Football. Thanks for your support!