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's Rashid rover launch postponed for second day

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A SpaceX Falcon nine rocket carrying the Hakuto-R Mission one lander, with the UAE' Rashid rover within it, was because of burst off at 12.37pm UAE time. "After more inspections of the launch vehicle and knowledge review, we're standing down from tomorrow' launch of ispace_inc' HAKUTO-R Mission 1; a brand new target launch date are shared once confirmed," SpaceX wrote on Twitter.

Officers are hopeful of a new launch date within the coming back days. associate degree earlier launch on weekday was postponed. Speaking earlier this week, Salem Al Marri, director general of the Mahound bin Rashid house Centre, same the launch are a “big moment” for the nation


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