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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Emiratis Are Gearing Up The Industrial Revolution Even More

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This is something great that I want to share about what I read today. It’s how UAE is working diligently forming the future with interests in new innovation, it is additionally caught up with setting up its residents for the fascinating and testing times ahead. The requirement for local ability is being felt and preparing has been increase. In fact, The schooling area is outfitting to satisfy the needs of the Fourth Industrial Revolution and the information economy.

 For me, This could mean more Emiratis will look for work in the private area on their graduation, and the public authority is putting forth all attempts to help their work in these organizations and the fields they decide to do something significant. The Emiratisation program that was started a few years prior is getting steam and residents are being urged to work in the private area with help from the public authority. Interests in government assistance plans have been liberal, and the goal is to create occupations that endure over the extreme long haul where the idea of work will change and change mankind.

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