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’s Retailer is Making a Huge Progress Over Consistent Deals

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Here’s something good that I want to share with what I read today. It’s about the fact that amidst Covid sickness pandemic, a Dubai design retailer has a flood in deals after it dispatched a unique armada of transports fitted out to look like one of their stores, which can drive straightforwardly to clients and offer an option in contrast to web based shopping. 

I am talking about Telal Gents Fashion that changed over an armada of transports, containing a choice of their items like what is accessible on the web and in their stores. Clients can arrange a shopping meeting and the transport will drive straightforwardly to them. Notwithstanding, the Dubai Chamber of Commerce in March revealed that retail deals in the UAE are relied upon to bounce back and develop by 13% to reach $58 billion before the finish of 2021. 


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