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 Proves How They Bounce Back From Recovering to Growth Stage

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UAE

I want to share something amusing about what I read today. It’s how the UAE has been consistently improving its job in the worldwide economy as the nation has created huge capacities to work with global exchange, grow availability and make vigorous coordination organizations.

 Seeing it, directed by the vision of its principal architects, has been consistently improving its job in the worldwide economy, contributing both to speeding up its development and forming its future. Not only that, as a crucial business center point, the UAE has created huge abilities to work with worldwide exchange, grow availability and make powerful coordination organizations, in association with countries and foundations across the world.

 For me, sending cutting edge innovations, they keep on investigating new roads for adding to the development and advancement of worldwide exchange and business and it’s something to look forward with. 

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