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,...
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Trump and Erdogan condemned Russia's support for the Syrian government

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US President Donald Trump, in a telephone conversation on February 15 with Turkish leader RecepTayyip Erdogan, stressed the concern about the situation in Idlib and expressed the desire that Russia should stop supporting the Syrian government.  This is stated in a statement distributed on Sunday evening by the White House’s deputy spokeswoman, Judd Deere.

"The US president expressed concern about the violence in Idlib and thanked the Turkish president for his efforts to prevent a humanitarian catastrophe," the White House informed. 

The situation in Idlib sharply worsened after the Russian and Turkish military made another attempt to introduce a regime of silence, but the terrorists only intensified their attacks.  As a result, military experts from the Russian Federation and Turkey died.  The Syrian army retaliated against extremists, taking on February 5 the city of Sarakib near Idlib.

On the morning of February 11, the Syrian opposition, supported by Turkey, launched large-scale attacks against the Syrian army in two directions - the city of Sarakib and the village of Neurab, located north of Sarakib in the province of Idlib.  The opposition offensive was carried out under the powerful fire cover of Turkish artillery.  Supporters of the Jebhat al-Nusra terrorist organization took an active part in the battles.  Syrian army units repelled these attacks.  The militants suffered significant losses killed and wounded.

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