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 Embraces A Strong Groundwork

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UAE

I want to share this indescribable status in UAE. It’s how the UAE has confounded, at times dark or white, and consistently founded on one strong groundwork: Business. What could be seen as "baffling" UAE-Iran relations are, as a matter of fact, a portrayal of solid legislative issues.

 For me, what many individuals don't grasp about the connection between Abu Dhabi and Tehran is that it spins around unadulterated logic and monetary interests. It's anything but an affection or disdain relationship, it is to a greater extent a thrill ride, with the two players settling on some shared interest in the midst of territorial and global factors close by strong conflicts.

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