UAE Non-Oil Business Activity Surges to Nine-Month High in December

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 The United Arab Emirates' non-oil private sector recorded its fastest expansion in nine months in December 2024, buoyed by strong domestic demand and increased business activity, according to the latest S&P Global Purchasing Managers’ Index (PMI) report. PMI Highlights Robust Growth The seasonally adjusted UAE PMI climbed to 55.4 in December from 54.2 in November, signaling robust growth well above the 50.0 threshold that separates expansion from contraction. This marked the third consecutive monthly increase, underscoring sustained recovery in the non-oil sector. Key drivers of growth included a notable rise in new business activity. The new orders subindex rose sharply to 59.3 in December from 58.0 in the previous month, reflecting strong domestic demand. Challenges Amid the Growth While domestic demand flourished, export growth slowed, with the export orders subindex dropping to a seven-month low. Additionally, businesses faced mounting backlogs due to capacity constraints,...

Hariri Steps Back Into Power Seat Despite Civil Disobedience


Despite the hue and cry of the Lebanese public, Saad Hariri is going to be re-elected as the Prime Minister, as promising candidate Samir Khatib withdraws from nomination, reports have confirmed.

The Lebanon crisis has deepened more than ever. Khatib was Hariri’s recommendation but the former had not received acceptance from the disgruntled public.
 Roads leading to Baabda Palace have been secured as 128 member of Parliament are to get together to name the new Prime Minister under their parliamentary consultation process.  
A civil disobedience movement has been ongoing in Lebanon against siphoning of international funds and corruption at the hands of a disloyal government that has not done anything in civic amenities, employment and general upkeep of the city.

The civil movement continued in Beirut over the weekend, as activists rejected Khatib as a possible prime minister as “an extension of the ruling political power.” A unanimous cry has been “We reject Hariri’s return to head the government because of his history in this role, and we refuse to have the crisis portrayed as a Sunni sect crisis.”

Nearly after two months of anti-government protest, the Lebanese businessman Khatib withdrew his name, possible as a result of brainwash at the hands of top Sunni religious authority.

Protestors are demanding a cabinet representation of technocrats and experts rather than have elite politicians who don’t have the country’s wellbeing at heart. Hariri has been in power since 2009, off and on and has refused to give up the power seat, thanks to his cabinet and the Sunni religious authority, which continues to ensure he remains in power.

According to the Lebanon political system, a Prime Minister has to be from a Sunni Muslim background. Lebanon is in desperate need for educated lot of leaders to hear out the people’s voice.

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