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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Dubai is set to become home to the world’s biggest ‘agritourism’ destination

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UAE

An exciting project that will benefit many people,as a new agritourism project located in Dubai’s desert will create 10,000 jobs and also make the emirate’s rural and wilderness areas the most enjoyable and beautiful places.

An ambitious new project Architecture firm URB has unveiled plans for the ‘Agri Hub’ complex that will be built in the Middle Eastern nation in the next couple of years.

The complex will not only provide the emirate with food security for the foreseeable future but will also become something of a tourist attraction.

It will allow local UAE farmers to sell products directly from their farms to visitors who stop by to browse eco-friendly shops, restaurants, and educational offerings. 

The Agri Hub will also include 100 percent water recycling, green transit systems, bio-saline agriculture, and on-site zero waste management.

The exact location of the new development will be confirmed in 2024.

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