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,...

UAE Stands Stronger Than Ever as they Initiate a National Human Rights Commission

 


Here’s something great that I want to share with what I read today. Individuals from the Federal National Council (FNC) have passed a government draft law building up a public common liberties commission in the UAE. Fore me, the commission intends to advance and ensure common liberties and opportunity as per the arrangements of the UAE constitution, laws and enactment in power and the important worldwide contracts, pledges and arrangements

Looking at it, the bonus will facilitate with capable experts in building up a public activity intend to advance and secure common liberties in the country and propose an instrument for its execution. It will attempt to spread the way of life of common freedoms in the UAE and instruct individuals from the general public about it, offer proposition and suggestions and offer guidance to different experts in all that would advance and ensure basic liberties.  How amazing that the commission will likewise circle back to the reasonableness of enactment and laws to global sanctions, pledges and shows on basic freedoms to which the state is a gathering and follow-up thereof, and to add to the advancement and insurance of basic liberties in the country.

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