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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New Chinese arrivals looking to call UAE home

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New Chinese

The number of Chinese citizens living in the UAE has doubled to 400,000 since 2019 and about 6,000 Chinese companies operate in the UAE, Chinese government figures show. 

A vibrant Chinese population and good international schools are key factors when Chinese citizens make comparisons between work and residency options in Dubai, Europe, Asia, the US, Canada or Australia.  

“The basic reason is for family, I want my family to live together,” says Ms Wu, a lawyer who specialises in intellectual property rights.

“I’m also interested in how to support my son’s education. I don’t want to keep changing the environment as he grows older.

“I want a stable situation for my family.”

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