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,...

UAE denounces the terrorist assault near Jerusalem synagogue

 

UAE

The terrorist assault in Jerusalem that left a number of people dead and numerous others hurt has been severely condemned by the UAE.

The UAE has expressed its strong condemnation of these criminal acts in a statement from the Ministry of Foreign Affairs and International Cooperation (MoFAIC), as well as its unwavering opposition to all acts of terrorism and violence that threaten security and stability and go against fundamental human values.

The ministry also sent its deepest sympathies and condolences to the Israeli government, its citizens, and the relatives of the victims of this horrific murder. It also wished everyone who was hurt a swift recovery.

In a significant uptick in violence that followed a deadly raid in the West Bank the day before, a Palestinian gunman reportedly killed seven people on Friday outside an east Jerusalem synagogue.

The shooting in Neve Yaakov, a Jewish settler neighbourhood in Israeli-occupied east Jerusalem, happened as worldwide appeals for calm grew following an earlier exchange of missile fire between Israeli and Palestinian terrorists in the Gaza Strip.

According to the police, "a terrorist came at a synagogue in the Neve Yaakov boulevard in Jerusalem at 8.15 pm (1815 GMT) and then started shooting at a number of people in the area."

After a shooting and chase involving the police and the terrorist, the terrorist was neutralised and later declared dead, according to the police, who also stated that "seven innocent people were slain."

The shooter is a resident of east Jerusalem who is 21 years old, according to the police.

A total of 10 gunshot victims were reported by the Magen David Adom emergency response team, including a 70-year-old male and a 14-year-old boy.

Israel Police Commissioner Kobi Shabtai described the incident to the media as "one of the deadliest attacks we have encountered in recent years."

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