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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The Future of Dubai That’s Shinning Brighter as Years Went By

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I wanted to share something exciting about what I read today. It’s about how Dubai will be incomprehensibly greater, greener, flourishing city where 5.8 million individuals will live and work in a metropolitan scene worked around local area, monetary, sporting and nature holds. It will be a city where human drove improvement will impart a feeling of local area, where interconnectivity will be readily available and strides, and in excess of 3,000,000 individuals will live inside 800 meters of a primary public vehicle station.

Looking at it, It will be green, with huge wraps of parks and with 60% of Dubai to be devoted to nature holds. The emirate will be involved five primary metropolitan zones, centering the principle attracts of the city to explicit zones: Deira and Bur Dubai, the origination of the city's authentic substance; Downtown and Business Bay as a worldwide monetary center; Dubai Marina and JBR for the travel industry and diversion; Expo 2020 as a global entryway for presentations and occasions; and Dubai Silicon Oasis as a middle for information and advancement. Isn’t it exciting?

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