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 Partnership with Netherlands Gets Stronger

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 I want to share something great from what I read today. It’s about UAE and Netherlands approach the 50th commemoration of the foundation of conciliatory relations between our nations, we currently have a chance to think about the world we might want to work for a long time into the future in this common excursion of improvement.

For me, the UAE and Netherlands approach the 50th commemoration of the foundation of strategic relations between their nations has the potential to presently have a chance to think about the world they might want to work for a long time into the future in this common excursion of advancement. This makes a profound hopefulness and expectation for the future, realizing that our nations will outfit our consolidated assets, mastery, and energy to shape a world worth improving together.

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