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 Stands With Hayat Vaccine: A Locally Made Game Changer

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Here’s something good that I want to share with what I read today. It’s about how the neighborhood assembling of the Chinese Sinopharm under the name Hayat-Vax will be a gamechanger in the reasonable and evenhanded dissemination of antibodies universally. As the name Hayat, which means life in Arabic, implies, the immunization will be a lifeline for millions. Looking at it, The UAE's capital city can contact 3.5 billion individuals worldwide inside five hours and offers a remarkable recommendation to the world by putting away and appropriating Covid-19 antibodies.

Along wih this, the authorities from the Hope Consortium shared at the Global Immunization Summit held in Abu Dhabi tat it will be stored which I think is good since its a building a throughput limit of 18 billion antibody dosages by setting up one of the world's biggest assembling units and cold chain supply the board frameworks that depends on strategies of worldwide participation. In the event that there are reasonable obstacles and difficulties, the UAE is focused on beating it with its political will, helpful qualities and populist world view.

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