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 Over the Middle East Peace Goal

 


Here’s something good that I want to share with what I read today. It’s about how the United Arab Emirates has reaffirmed its help for all territorial and worldwide endeavors to speed up the Middle East harmony measure dependent on the two-state arrangement and the foundation of a free Palestinian State as per the 1967 lines with East Jerusalem as its capital.

How amusing that they have communicated the UAE's fulfillment with the Security Council's assertion gave on May 22nd 2021 requiring a truce including the two sides, taking note of in this regard the need to give crisis help to the people in question. In addition to this, it’s impressive how they  highlighted the significance of reacting to the call made by the UN Secretary General Antonio Guterres to essentially work with the worldwide association to foster a hearty bundle of help for a quick, economical reproduction and recuperation for the Palestinian public and their found.

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