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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Emirates to fly A380 fleet in full force by end of 2023

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Emirates

The Dubai-primarily based totally airline's capability has recovered to eighty in line with cent of its pre-pandemic levels, at the same time as its large community has again to ninety five in line with cent of its pre-disaster size, Adnan Kazim, Emirates' leader industrial officer stated on Thursday, on the Skift Global Forum East in Dubai. “Closer to the cease of subsequent year, it's our goal to deliver lower back all our A380s lower back to operation … and get better the last 20 in line with cent of the capability,” he instructed newshounds at the sidelines of the two-day journey event.

The long-haul giant's pass comes as global borders have reopened and Covid-19-associated regulations have eased. Emirates presently operates approximately eighty five of the four-engine aircraft, step by step returning them to carrier after grounding maximum of its 116 A380s at some point of the peak of the Covid-19 disaster that delivered air journey to a close to standstill. Of the last A380s, a few are beneathneath maintenance, others are earmarked forretrofitting and the the rest will go back to the skies.

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