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 Soars A New Horizon by Hosting The International Humanitarian Summit

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I want to share something interesting about what I read today. It’s how the UAE are chosen to host a global helpful culmination in Dubai one year from now as a feature of its Expo 2020. The summit will actually be held on March 30th and it means to discover proper answers for a portion of the continuous issues all throughout the planet, including the difficulties of the COVID-19 pandemic, and different issues identified with bigotry, gender equality, strengthening women, narrow mindedness and separation. 

For me, It will unite legislative, beneficent, strict, and common freedoms organizations, educated people, craftsmen, media experts, social affiliations and the private area to hold exchanges and shed light on current worries that the world requirements to address at Expo 2020 Dubai.

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