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 Knows How To Be Constant in Moving Forward and It Matters

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   Here’s something great that I want to share with what I read today. The UAE never fears looking inwards as they are praising qualities that are characteristic for us, while continually leaving space for groundbreaking thoughts and standards. Along with this, positive citizenship is imperative to the UAE to additional its essential objectives, however above all the other things, it understands the significance of inclining toward these qualities to introduce positive change. The vital part of this activity is a push to compensate positive conduct, markers of which incorporate solid life, nourishment, chipping in work, consistence with laws and strengthening. Stretching out and promoting that ethos to the private area is pivotal for a more extensive effort of the program and plans are in progress to team up and advance.

Today, the UAE's essential intercession in handling the emergency that is the Covid-19 pandemic has shown the world why it stays the land where thousands come to fabricate lives and jobs. The nation has shown colossal purpose in battling the pandemic and making inoculation available to all. thing, the internet business industry in the nation is set to reach $62.8 billion by 2023 and this progress surprise me even more as time goes by. 

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