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,...

A New Approach of UAE Law is Pioneering Excellence Around the Globe


I want to share something interesting about what I read today. The new UAE law is the most recent in a progression of changes to residency and citizenship prerequisites that the nation has as of late presented, like the alleged brilliant visa. However, setting up a quick and legitimacy based pathway to citizenship is the most significant turn of events, particularly in the Gulf, where naturalization is very restricted and underscores family connects to residents. Long haul residency is additionally connected more to compassionate contemplations and family ties than proficient capabilities. The models for choosing unfamiliar specialists are left essentially to the private area and the unrestricted economy.

Looking at it, there are without a doubt different balanced governance all through the selection and endorsement measure depicted in the law, which additionally recommends that citizenship might be removed upon any break of the conditions under which an up-and-comer was affirmed. These optional measures guarantee that the law accomplishes its proposed objectives, while keeping up the capacity to adjust the interaction as per formative requirements, including the work of nationals and public safety insurances.

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