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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Sheikh Khaled and Crown Prince of Jordan attend military exercise in Abu Dhabi

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Sheikh Khaled


Jordan's Crown Prince Hussein bin Abdullah and Sheikh Khaled bin Mohamed, member of the Abu Dhabi Executive Council and chairman of the Abu Dhabi Executive Office, on Tuesday observed a military exercise involving the Jordanian and Emirati armed forces.

Prince Hussein arrived in the Emirates for an official visit on Monday.

The training operation aimed to sharpen the combat skills of both forces and tested their capabilities under various conditions across a range of scenarios.

Wearing military fatigues, Prince Hussein watched troops from the two allied nations being put through their paces.

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