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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Baghdad airport catches fire twice in three days

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Iraq opened an Associate in Nursing investigation in the second fire in 3 days stony-broke go in one among the terminals of Baghdad airdrome there have been no casualties within the latest blaze, that broken many airline workplaces in the two-storey metropolis Terminal. 

Prime Minister Mahound Shiah Islam Al Sudani cosmopolitan to the airport to be briefed on the probe launched by fire investigators, his office said. "Civil defence groups were ready to place out the fire," it added. It came after three individuals were gently hurt on Tuesday when a hearth broke out in a refreshments space within the departures lounge of 1 of the terminals. Videos on socialmedia showed flames reaching the ceiling close to arrival counters at one among the terminals, with the hall engulfed in smoke. "The hearth lasted many minutes and 3 individuals were treated for light-weight metastasis difficulty," the civil defence official told

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