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’s Ceaseless Help to Ethiopia is Impressive

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UAE’s Ceaseless Help to Ethiopia

I want to share something interesting about what I read today. The UAE today sent an aid plane containing 46 metric huge loads of food and medical supplies to Ethiopia on the side of the helpful circumstance in the Tigray area. It’s impressive how the nation is attempting to help the compassionate and improvement circumstance in Ethiopia's Tigray area, which is experiencing the effect of war and the spread of COVID-19.

 We can see UAE's obligation to a philanthropic methodology that stretches out crisis alleviation to nations out of luck and the help of the UAE's administration to individuals of Ethiopia and different people groups of the world to conquer compassionate emergencies.

 Along with this, they vowed AED 18.3 million (US$5 million) to help dislodged individuals on the Ethiopian-Sudanese boundary in collaboration with the World Food Program and other worldwide associations. Besides, it has sent six airplanes conveying almost 300 metric huge loads of help supplies through the International Humanitarian City in Dubai and its global accomplices.

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