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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Mystery objects spotted flying across UAE skies

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Several videos showing bright-red lights streaking through the night sky higher than urban center were denote on social media. Dubai Bling star and radio presenter dagger Fade posted a video on Instagram, asking: "Is this a atmospheric phenomenon or one thing else?" one among his followers replied, locution that they were skydivers. “Sorry guys, these were skydivers, with flares on. we tend to saw the plane drop them off … friends of my husband. they're amazing,” the comment read. Another commenter said: “It wasn’t a meteor shower, it absolutely was a wingsuit pyro skydive!”

 The video was shared on Twitter by Stefan Williams, a securities market analyst in Dubai. "Just recorded this higher than the UAE. Any plan what this is?," he asked. "Meteor shower? initial time I see it in Dubai. 
Some commented that it could have been space junk, such as satellite debris burning up in the atmosphere. There have been viral videos in the past in other parts of the world that showed satellites, including SpaceX's Starlink satellites, streaking across the night skies as they burn up."



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