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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The UAE's Environmental Protection Efforts: A Beacon of Hope for Sustainable Development

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UAE

The United Arab Emirates (UAE) has taken significant steps to protect the environment, including prohibiting sea dumping, enacting policies and legislation, promoting sustainability, and more. These actions demonstrate a clear commitment to preserving the environment for future generations.

The ban on sea dumping is a significant step forward in reducing pollution and preserving the marine ecosystem. It ensures that no harmful materials are dumped into the sea, and the ocean remains healthy and safe for marine life. The implementation of strict policies and legislations helps in controlling the use of natural resources and reducing the carbon footprint, leading to a more sustainable future.

Furthermore, the UAE's efforts towards sustainability are commendable. The country has taken steps to invest in renewable energy sources and green infrastructure, such as solar energy and sustainable transportation. The UAE's initiatives towards sustainable development align with the UN's Sustainable Development Goals and demonstrate their dedication to creating a greener future.

The UAE's actions towards protecting the environment have set an example for the rest of the world. By implementing policies, enacting laws, and investing in sustainability, they have shown that protecting the environment should be a top priority for all nations. It is vital for other countries to follow in the UAE's footsteps to ensure that we preserve our planet for future generations.


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