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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Another milestone in UAE Human Rights

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 Today  August 30, 2021, the UAE’s announcement of the establishment of the National Human Rights Commission  (NHRI).

The Emirates News Agency, WAM, reported that the President of the UAE, Sheikh Khalifa bin Zayed Al Nahyan, issued a federal law that aims to promote and protect human rights and fundamental freedoms following the provisions of the UAE Constitution, laws, and legislation in force in the UAE, as well as relevant international conventions.  

In view of this, The human rights institutions that are established in accordance with the Paris Principles are treated as official state-created organizations for the promotion and protection of human rights. Such institutions enjoy financial and administrative autonomy in exercising their mandates and are guided by the Paris Principles for the National Human Rights Institutions, which were adopted in 1993.

The establishment of this key mechanism stems from the UAE’s eagerness to develop its institutional structure of human rights in a way that will enhance the country’s position and highlight its role in advancing it.

In developing this law, the UAE was keen to follow best practices and benchmark previous experiences of other countries with similar institutions.

The UAE also sought advice from international organizations, most notably, the Office of the High Commissioner for Human Rights, which provided legal and technical assistance to draft the NHRI law.

 

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