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,...

Hotel Casino Fire At Cambodia-Thailand Border Results In 19 Deaths And Dozens Of Injuries

 

Hotel Casino

In a fire at a casino in Cambodia, at least 19people died and many more are thought dead. A rescuer reported that the victims threw themselves off a ledge in a last-ditch effort to escape the flames.

Late on Wednesday night, a fire broke out inside the Grand Diamond City hotel-casino in Poipet, which is close to the Thai border. Cambodian police reported the fire.

Sek Sokhom, head of the provincial information office for Cambodia's Banteay Meanchey province, stated that as of now, "there are 19 dead as we saw bodies and bones," but cautioned that "the count could be higher" because rescuers have not yet reached all areas of the complex.

An unnamed volunteer with the Thai rescue organisation Ruamkatanyu Foundation claimed that when his team got at the scene at around 2 am (0730 GMT), they saw people jump from the building.

He remarked, "I saw people racing out of the building to escape the smoke," and he added that some were crammed onto a rooftop to stay away from the fire.

Then, he added, "we witnessed some people jumping down."

Video showed the flaming building, firefighters battling to put out the fire, and rescuers trying to pull people off a burning ledge.

A man is shown in one film sitting on a window sill while smoke pours out from behind him.

According to a source in the Thai foreign ministry, there had been close coordination with the local law enforcement, "even by sending in fire trucks from the Thai side."

More than 50 individuals were were reported to have been hospitalised there by Thai officials in the neighbouring Sa Kaeo province, with local public health official Prapas Pookduang told AFP that 13 people were "on life support."

A further 60 or so people who were caught up in the fire, according to Sa Kaeo Governor Parinya Phothisat, had already been examined and released by Thai hospitals.

Thirty Cambodians, eight Indonesians, and 79 Thai nationals, according to him, were treated at Thai hospitals.

According to a volunteer with the Ruamkatanyu Foundation, the fire started on the first floor but swiftly jumped up through the multi-story building along carpets.

Two remains had been recovered, according to Naphat Klonkliang, an officer with the foundation, who spoke to AFP. The officer stated that the smoke was the primary cause of the rescue team's initial struggles

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