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,...

Bisleri expands internationally and opens its first office abroad in the UAE

UAE

 Bisleri International, a manufacturer of mineral water in bottles, establishes its first foreign operations in the UAE. The brand has teamed with the Nasser Abdulla Lootah Group, a reputable and well-established Gulf business.

The Nasser Abdulla Lootah Group of Businesses in the region's flagship, Emirates Drinking Water, will handle the manufacturing and bottling. The partnership will increase Bisleri International's visibility in Dubai, Sharjah, and Abu Dhabi.

In April 2023, the operations will get underway. Vedica, a Himalayan spring water, and Bisleri, a mineral water, will be offered in 1.5 litre and 500-millilitre sizes at mass-premium general and modern trade stores, as well as HoReCa and e-commerce platforms.

The bottled water market in the UAE is forecast to increase significantly. A recent market analysis predicts that over the next five years, the bottled water market would expand at a CAGR of 11%.

This is caused by an increase in the number of immigrants and the expanding tourism industry, which has increased the demand for usable water.

In addition, the Indian expatriate population, which makes up around 30% of the nation's population, is the largest ethnic group. The audience has an emotional connection with Bisleri, a venerable Indian brand that is synonymous with the niche.

As a result, the UAE's entry into the global market comes at the ideal time to build relationships with the Indian diaspora and increase audience trust.

The CEO of Bisleri International Pvt. Ltd., Angelo George, elaborated on strategies for entering the Global Middle East market with the oldest and most reputable brand from the United Arab Emirates "The UAE market predicts strong growth, and there is a clear need for Indian brands and goods.

The Indian diaspora in the area has a strong connection to Bisleri, a venerable Indian brand. Our market penetration will be boosted by our relationship with the Nasser Abdulla Lootah Group. We are committed to growing our presence abroad, and the UAE is just the beginning of those aspirations."

The general manager of Emirates Drinking Water, Mr Felix Francis, and chief operating officer Sunir Sulaiman said the following regarding their association with Bisleri International: "We are thrilled to work with Bisleri, the oldest water brand in India.

We are certain that the tradition of Bisleri in India and our experience are complementary. The bottling will be carried out under the Emirates Drinking Water banner. We are prepared to accomplish our objectives in the cutthroat UAE industry with Bisleri.

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