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,...

Abu Dhabi will host of the first Spartan World Championship

 

Here’s something good that I want to share with what I read today. About Abu Dhabi's hosting of the first Spartan World Championship to be held outside the US will coincide with the 50th anniversary of UAE National Day. The Spartan Worlds is a unique and ground-breaking event taking place at the spectacular Liwa desert in Abu Dhabi,

The championship will be even grander as it also coincides with the UAE's Golden Jubilee celebrations.

The tournament kicks off on Friday, December 3, with the Spartan Kids World Championship race.

This will be followed by the Elite Spartan World Championship. Regarded as the crown jewel of the weekend, competitors take part in a half-marathon mix of high-speed, leg-burning running and steep climbs.

The emirate is no stranger to global tournaments and is already home to top-tier competitions such as the Abu Dhabi HSBC Golf Championship and the Abu Dhabi Grand Prix.

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