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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National Doughnut Day 2022: What Is It & How People Celebrate It?

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National Doughnut Day 2022


Every year, the first Friday of June is National Donut Day. Although today there are donuts in any part of the world, for they are a typical product of the United States. The manufacturers give the donuts to their customers for free or with freebies.

 History of National Doughnut Day

Tradition has it that this day is actually a tribute to the women volunteers of the Salvation Army.

During the First World War, donuts were given to soldiers to give them a little joy with a nostalgic product of their country and their family.

 

Donut Day dates back to World War II, when a doctor named Morgan Pett gave a lieutenant general a donut.

After that gesture, the lieutenant raised funds to replicate this action with soldiers put into battle. But it was not until 1938, when this celebration became official.

 Celebration of National Doughnut Day

Currently, international donut chains commemorate this fact by giving away donuts to the public.

For example, Dunkin' Donuts invites the public to take her favorite donut with the purchase of another product and Krispy Kreme is not far behind with her dozen glazed donuts and a free coffee.

 General American Donut Company

If you’re a fan of the doughnuts of General American Donut Company (GADCO), there is disappointing news for you.

GADCO is going to close on National Doughnut Day, 3rd June 2022. The company has announced their closing through the Indianapolis shop’s social media page.

This Friday will be their last day. They have announced this in a brief posting on Facebook.

“GADCO's last day will be this Friday, which also happens to be National Donut Day. Stop by, say goodbye, have a donut and a cup of coffee."

However there was no explanation given for their closing.

 Donuts Giveaway: Top 5 US Donut Shops 2022

If you’re looking for Doughnut giveaways, we are recommending you the top 5 US Donut Shops in 2022:

1.     Nauti Donuts, Philadelphia, Pennsylvania

2.     Broad Street Dough, San Diego, California

3.     Tapped Coffee & Craft Beverages, Detroit, Michigan

4.     Tepuy Doughnuts and Idle Hour Coffee, Raleigh, North Carolina

5.     OMG Donuts, Charlotte, North Carolina.

 

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