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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UAE Prime Minister received trial vaccine for Covid-19 on Tuesday

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 A lot of governments officials and authorities have been posting about them receiving covid-19 trial vaccine on their social media handles and now the United Arab Emirates Prime Minister Sheikh Mohammed bin Rashid Al Maktoum.

The prime minister who is also the vice president of the country posted a picture of him getting a shot on Twitter and captioned the post saying, “We ask God to protect and heal everyone.” He can be seen receiving the vaccine in shoulder.

“We appreciate the efforts of the teams that worked hard to make our country one of the first to receive the vaccine for this virus. The future is always better and more beautiful in the United Arab Emirates,” Sheikh Mohammed said.

The UAE has been granted approval by the health authorities to use Covid 19 vaccine for emergencies and hence frontline heroes, health officials and ministers have been getting shots of the vaccine, which is the third phase of its trial.

 https://twitter.com/HHShkMohd/status/1323543394350759936?s=20

 It was only last month when the Minister of Foreign Affairs and International Cooperation revived the vaccine and soon after this, another minister Mohammad bin Abdullah Al Gergawi , Minister of Cabinet Affairs received it on October 31.

 Since the approval of emergency use, ministers have been posting about the vaccine. It got approved in September and the authorities released a statement saying, “The vaccine will be available to our first line of defense heroes who are at the highest risk of contracting the virus.”

 The leaders stepping up and taking a vaccine shot themselves has generated trust among people for the vaccine and now due to this people will no more shy away from receiving the treatment or the shot in near future.

 According to the authorities, the vaccine, which was developed by China’s Sinopharm, is in the final stage of trial and till now,  has been found to be safe and effective for use.  

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