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 Intensifies Emirati Presence in Private Sectors

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Private Sectors



I want to share this amazing progress that UAE has. It’s how the Ministry of Education (MoE) said their Internship Portal gives recognized Emirati understudies the chance to procure new abilities with esteemed managers in the private area.

 For me, KPMG Group is among the many organizations that are adding to the advancement of understudies' abilities. Fahad Abdulrahman Kazim, accomplice, head of framework and land warning at KPMG says as the UAE commends the brilliant celebration, it was with incredible delight that his firm adds to the country's information economy by supporting the advancement of youthful Emiratis.

 Presently, the significant test organizations face is recognizing the right ability for the right job. We are really glad to team up with the Ministry of Education on this drive. As expanding Emirati presence in the private area either through temporary positions or regular work stays the joint liability of both the public area as well as the private area.

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