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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The Innovation To Improve The Way of Life is Evident

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Innovation

I want to share another progress that UAE is embracing. It’s how how Mohammed Bin Rashid Center (MBRCGI) for Government Innovation was laid out to animate and improve the way of life of advancement inside the public authority area through the improvement of an incorporated development system.

 We can all agree that the objective is for advancement to become one of the critical mainstays of the UAE government in accordance with the vision of His Highness SheikMohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and his intend to foster government tasks and improve the nation's intensity.

 No wonder that UAE Innovates 2022 where a cross country occasion that expands on previous years' triumphs, mirroring the mandates of the UAE's visionary administration, in advancing inventive practices in government work and taking on it as a day by day practice. Alongside this, UAE Innovates was sent off in 2016 after the accomplishment of the UAE Innovation Week in 2015

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