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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Volunteers produce life-saving valves for an Italian hospital to treat patients affected by Coronavirus

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A group of Italian volunteers distributed 3D printed versions of a vital medical device. Cristian Fracassi and Alessandro Romaioli used their 3D printer to create unofficial copies of a patented valve, which was scarcely available in Italian hospitals.A hospital in Italy needed valves after being exhausted during the treatment of patients for COVID-19. The hospital's usual supplier said they couldn't make the valves in time to treat patients. So, this started the search for a way to 3D print part of the replica and Cristian Fracassi and Alessandro Romaioli, who work in the Italian start-up‘Isinnova’, offered their company's printer for this job.

So far, the valves they have made have worked on 10 patients since March 14, according to Massimo Temporelli, the founder of the Italian company FabLab, who helped recruit Fracassi and Romaioli to print the valves."Patients were life threatening people and we acted," Fracassi said in a Facebook post. He also said that "we have no intention of profiting from this situation, we will not use the designs or the product beyond the strict need. who asked us to act and we will not spread the patented valve design”.Italy has recorded more than 41000 confirmed COVID-19 infections, and over 3400 confirmed deaths.

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