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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UAE Is Participating In An International Conference In Paris to Mobilize Humanitarian Support in Ukraine

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UAE

UAE participated within the activities of the international conference in the French capital, Paris, yesterday, in the presence of Emmanuel Macron, President of the French Republic, Ursula von der Leyen, President of the EU Commission, and Annalina Baerbock, German Foreign Minister, and also the participation of concerning seventy countries and international organizations aboard the EU Union, so as to debate mechanisms Mobilizing relief and humanitarian aid to Ukraine

 Since the start of the crisis, UAE  to increase the hand of relief aid to alleviate the humanitarian conditions of Ukrainian refugees and associated displaced persons, by launching an air bridge of provides carrying concerning 600 plenty of basic and medical foodstuffs. And ten ambulances that were delivered to the Ukrainian authorities to deliver them to the Ukrainian interior, and to assist Ukrainian refugees in neighboring countries cherish Poland, Republic of Moldova and Bulgaria. She indicated that the Emirati efforts conjointly enclosed the International town for Humanitarian Services in port shipping many plenty of relief and medical provides and ambulances to European nation to support Ukrainian refugees, in coordination with international organizations cherish the globe Health Organization, the United Nations diplomat for Refugees, and also the World Food Program.


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