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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Emirati school footballers dream of World Cup glory with UAE

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The newly fashioned squad at Gems Wellington Academy Silicon Oasis are hoping the decided North Africans can cross all of the way ― even though most of the students have a tender spot for the Samba stars of Brazil. Abdulla Alfarsi, 10, began out gambling soccer while he become most effective 3 years old. The notable achievements of Morocco have given the sixth-yr scholar the notion that he too should  sooner or later shine on the sector stage.

The groups I'm assisting are Brazil and Morocco and I'm sincerely happy with Morocco due to the fact they are the primary Arab group to ever attain the quarter-finals,” stated Abdulla. “It simply surprised me and gave me desire that I can perhaps attain that degree sooner or later as an Arab boy who has a dream to play professionally. “My intention is to attain the best degree viable and I'm hoping that I can try this sooner or later. My intention is to end up expert soccer participant and make the UAE proud.”

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