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 Stability of Islamic States Strengthens

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States Strengthens

I want to share the good stability about what I read today. It’s how The President, His Highness Sheik Khalifa bin Zayed Al Nahyan, has sent links of congrats to the rulers, Emirs and leaders of Arab and Islamic states on the event of Eid Al Fitr.

 His Highness Sheik Khalifa wished them and their people groups proceeded with progress, success and soundness. Along with this, Sheik Dr Sultan bin Muhammad Al Qasimi of Sharjah; Sheik Humaid bin Rashid Al Nuaimi of Ajman; Sheik Hamad binMohammed Al Sharqi of Fujairah; Sheik Saud bin Rashid Al Mu'alla of Umm Al Quwain; and Sheik Saud bin Saqr Al Qasimi of Ras Al Khaimah, communicated their warm congrats and appealed to Allah Almighty to allow the pioneers great wellbeing.

 What’s amazing is that they set to offer Eid Al Fitr petitions at Al Badee Musallah in Sharjahwhere various senior authorities, dignitaries and local area individuals are supposed to go along with him.

 It’s nice to know that In Umm Al Quwain, Sheik Saud bin Rashid Al Mu'alla will offer the request at the Ahmed container Rashid Al Mualla Mosque. He will then get Eid well-wishers at his royal residence.

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