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 ranked 2nd in the world as top safest country 2021

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Here’s something good that I want to share with what I read today. The UAE was ranked as the world’s second safest country in 2021, according to new data released by Global Finance on Wednesday.

 Global Finance's safest countries index ranked 134 countries based on their response to the coronavirus, while also taking into account three main factors that included the risk of war and peace, personal security, and natural disaster, in addition to risk factors stemming from COVID-19.

On top of that, the UAE currently ranks first globally in COVID-19 vaccine doses given at 158.24 doses per 100 people, crossing 15.5 million doses so far.

 According to the latest update posted on the portal of the National Emergency Crisis and Disaster Management Authority (NCEMA), the UAE has distributed 15,650,988 vaccine doses as of July 6. Up to 74.5 per cent of the population received at least one dose while 64.3 per cent are fully vaccinated, NCEMA announced recently.

 The UAE also tests more people per capita than most nations and has one of the lowest fatality rates in the world.

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