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 next satellite developed using 3D painting

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The United Arab Emirates plans to launch the next satellite for which it is using 3D printing technology. Through this technology, engineers at Mohammed bin Rashid Space Centre in Dubai are creating parts of a prototype of MBZ-Sat.

The scientists are using this cutting edge technology to ensure successful results from the launch of its satellite MBZ-Sat which will be set to hit the sky in 2023. The team involved in preparations of jet setting the satellite is focusing on replicating the design of the Earth observation so that it can find out exact parts to assemble it before investing much on manufacturing the real thing.

https://twitter.com/DXBMediaOffice/status/1347094938492825601?s=20

Dubai Media Office took to twitter to share the update on the satellite development. It said, “Update on MBZ-SAT, the 100% Emirati-made satellite: @MBRSpaceCentre engineers continue development work, recently using a 3D printer to print parts for a prototype of the satellite at MBRSC's space technology laboratories.”

The satellite will reportedly weigh around 700 kilograms, Scientist and UAE officials hope that this satellite will enhance growth of the UAE’s knowledge based economy. This time, most of the parts of the satellite will be developed by UAE itself and further on it will be put to benefit civilians and for other commercial use.

Through the knowledge gathered, it will be used to analyse different aspects and will also help in monitoring the environment, Navigation needs will also be benefited by this. Major global concerns like natural disasters will also be predictable in advance so that it contributes to planning relief efforts.

The project was announced by the Vice President and Ruler of Dubai, Sheikh Mohammed bin Rashid, in October. He said, “We approved building the new satellite MBZ-Sat, the region’s most technologically advanced in the civil and commercial sector, to be 100 per cent designed by Emiratis.”

After KhalifaSat, this is the second time that the satellite was fully developed by UAE engineers. KhalifaSat was launched by Japan last year. 

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