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’s Favored Center Point

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UAE

I want to share this indescribable status in UAE. It’s how over a long time since its foundation in 2000, Dubai Internet City (DIC) keeps on being among the world's favored center points for new economy organizations, with a few high-development, high worth added, innovation empowered worldwide firms as of late picking DIC to lay out their territorial tasks.

 For me, The most recent to join the always developing positions of new economy organizations making DIC their house is the American substance conveyance organization and DDoS relief organization Cloudflare. Recently, Cloudflare reported Dubai as its most memorable office in the Middle East to help its developing EMEA tasks, offering a base for the developing Cloudflare group in the Middle East and Turkey.

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