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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UAE: In Joint Emirates Shield/51 exercise, forces perform airborne operations

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UAE

As part of their ongoing Joint Emirates Shield/51 exercise, members of the UAE Armed Forces have conducted additional missions.

According to Wam news agency, the Joint Task Force known as "Khalifa" engaged in intensive aircraft operations.

The Joint Task Force dubbed "Zayed," carried out by the airborne troops on Sunday, was continued by the Khalifa operations, according to Maj Gen Saleh Al Ameri, Commander of the Joint Operations.

According to Maj Gen Al Ameri, the success of the Khalifa operations was ultimately determined by how well the exercise destroyed hostile targets.

The UAE Armed Forces' major units will participate in a number of operational drills to improve their combat preparedness and efficiency at all times, the Ministry of Defense announced on Saturday. These drills will involve air, sea, and ground forces.

One of the participating forces is the elite Presidential Guard.

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