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,...

A New System for Grade Workers Receives Positive Laud

 


Abu Dhabi Ports has fostered another straightforward characterization framework for private facilities to help organizations effectively select custom fitted lodging answers for their laborers. The Star Rating Program, first-of-its-sort in the UAE, relegates five, four, three, two, and one-star appraisals to networks under Abu Dhabi Ports' management, in light of the conveniences accessible to inhabitants, including administrations, catering offices, spots of love, diversion offices, web access, wellbeing administrations among others.

Looking at it, The economy of Abu Dhabi has involved a remarkable position and has accomplished an undeniable degree of seriousness across numerous areas, on account of the superb exhibition conveyed by the non-oil economy, which currently offers more than 50% to the emirate's total national output which is surprising. 

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