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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IDEX 2023 Puts Spotlight on Cybersecurity in Defense Industry: One of the World's Largest Arms Exhibitions Held in Abu Dhabi

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Cybersecurity in Defense Industry
 

IDEX, one of the world's biggest arms exhibitions, is currently being held in Abu Dhabi from February 20 to February 24, 2023. This year's event has seen a significant focus on the role of cybersecurity in the defense industry. 

The Cyber Security Council, a UAE-based organization dedicated to enhancing cybersecurity across the region, has been promoting its participation in the event and showcasing its latest initiatives. The Cyber Security Council's presence at IDEX is a testament to the organization's commitment to driving innovation and promoting cybersecurity best practices in the UAE.

One of the key initiatives highlighted by the Cyber Security Council at IDEX is the Cyber Pulse platform. This initiative aims to raise awareness of cybersecurity issues among individuals and businesses in the region. Through the Cyber Pulse platform, the Cyber Security Council provides a platform for knowledge-sharing, collaboration, and engagement on cybersecurity best practices. 

With the rising incidence of cyber threats and attacks, the Cyber Pulse initiative is more relevant than ever. The platform provides a forum for cybersecurity experts and professionals to share their expertise and knowledge on emerging cybersecurity risks and vulnerabilities. It also allows organizations and individuals to stay up-to-date with the latest developments in the cybersecurity landscape.

The participation of the Cyber Security Council in IDEX is a crucial step towards establishing Abu Dhabi as a global hub for cybersecurity. The event provides an opportunity for the organization to showcase its innovative solutions and cutting-edge technologies for the region's rapidly evolving cybersecurity needs. The Cyber Security Council's presence at IDEX will also help drive innovation and collaboration towards building a stronger and more secure digital environment. 

In conclusion, the Cyber Security Council's participation in IDEX and the Cyber Pulse initiative are valuable contributions towards enhancing cybersecurity in the UAE. The organization's efforts will go a long way in safeguarding businesses and individuals against cyber threats and promoting best practices for online safety. With the Cyber Security Council leading the charge, the UAE is well-positioned to become a leading force in the global cybersecurity landscape. 

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