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,...

Abu Dhabi continues its efforts for Lebanon through a donation drive

 Abu Dhabi hosted a donation drive to help Lebanon under the Emirates Red Crescent for which hundreds of people gathered to contribute their share of help to the country after it went into a deep crisis mode struggling with the after effects of Beirut blast and falling economy.

People who wished to volunteer or donate a certain something gathered up at Jiu Jitsu Arena in the United Arab Emirates capital and had left their donations at the car parking. A drive that was carried on Wednesday included people from every nationality present in the emirate. People from Lebanese community were joined by other UAE residents and together the group picked up the donation and then after sorting it out, they were packed to be taken to Lebanon.

This whole initiative has been taken by the UAE volunteers and the Lebanese community and together they worked in cooperation with the ERC. The items that donation included were to fulfill the emergency needs of the struggling country. It included baby formula (used for new born babies), food supplies, clothes and other items that were especially sent for the families who were highly impacted by the August 4 Beirut blast.

The drive still continues for people wishing to donate their share. They can come and leave their donation at the car parking. One of the Lebanese community members said that it's their moral obligation to help people back home. He added that for him it was not about a good deed but helping the needy.

"It is our duty to support in every possible way the people back home. Since we can't go to Lebanon and be by the needy families' side, it is our obligation to join in the humanitarian efforts here. It is the only way to help since we can't be on the ground there. We are very thankful for the UAE authorities for granting us this opportunity,” Bilal Assaf said in a report of Khaleej Times.

He described the process of receiving and sending donations. The process included sterilising of the items that were received then sorting it out and then finally making packages to send them to Lebanon. Bilal expressed his contentment by saying that there are a lot of people coming out to help and are donating huge amounts of aid for the country.

This is not the first time that the Emirati nation stepped up to help Lebanon. It had extended help to Lebanon during the peak of Covid-19 and had sent tonnes of medical supplies and even after the blast, leaders of the UAE made sure to send aid worth millions. 

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