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 is Determined To Support Consumers Amidst World Crisis

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 I want to share this intriguing state that UAE has. It’s how shoppers are feeling the squeeze as rising oil costs are driving up costs of fundamental food things. In the first place, the pandemic prompted disturbances in worldwide inventory chains. With new variations arising, the Covid stays a worry, however the Russian-Ukraine struggle is exacerbating things and deferring the worldwide recuperation to what is being known as the new ordinary.




The UAE has not been invulnerable to the aftermath from these twin emergencies yet has interceded at the right second on Wednesday to safeguard buyers in the country. To give setting, the seething Russia-Ukraine struggle has hit imports of wheat and sunflower oil from these nations which are among the top makers of these grains.

 Looking at it, The impacts are being felt in the UAE as well. Notwithstanding, this mediation by the Ministry of Economy will support shopper certainty and make essential food reasonable for the everyday person and lady during the sacred month of Ramadan.

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