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,...

The UAE can become the giving and volunteering capital of the world

 

UAE

According to researchers, as humans are hard-wired for the social connections we make, volunteering can also extend people’s lives. Even if scientifically not possible, it surely enhances the quality of life. 

For instance, volunteerism is a new name for age-old traditions in Arab societies. Religious and humanitarian values, including compassion and sympathy for others, strongly underpin the phenomenon. These human emotions encourage pro-social behavior and elevate altruistic thinking.  

According to studies,  the spirit of volunteering from different perspectives, including psychological, sociological, and economic viewpoints. From personality traits to altruistic motivation to educational attainment and social capital, it is about bringing out empathy. Studies have also found volunteering during studies to affect achievement and well-being in the long term positively. It also significantly boosts self-confidence, self-esteem, and life satisfaction, encouraging us to do more. 

Proven that Volunteering during the difficult pandemic times helped in various ways. Numerous selfless volunteers catered to the needy worldwide, supported government measures, and boosted public services. In return, they gained valuable life lessons and skills that would stay with them for the rest of their lives. They might require more sophisticated training for more robust challenges, such as disaster management or war aftermath, but it only gets better once the baseline is ready.

In this, We witness how UAE  Volunteering spirit becomes a critical organizational component during mega events – such as Dubai Expo and the recently-concluded World Cup. 

. In October, a conference in Abu Dhabi gathered around 1,000 volunteers and pioneers of volunteer work from 100 countries.

 When the Covid-19 pandemic struck and the hunt for a vaccine began, Abu Dhabi hosted the world’s first global clinical trials of inactivated vaccine enlisted by the World Health Organization. The UAE’s call for volunteers during the phase-III clinical trials elicited a tremendous response. Up to 15,000 volunteers, including men and women aged 18 and 60 of mixed nationalities, participated in these trials. 

 The UAE is said to be one of the world’s most generous countries. It marked 2017 as the ‘Year of Giving’ and aims to become a leader in philanthropy. It will not be surprising if it becomes the philanthropy capital of the world. While that would be a noble target, it would be great if all of us invested more time, energy, and resources into volunteering. That would surely make us happier and more fulfilled.


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