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's Humanitarian Mission: A Shining Example of Global Solidarity in the Face of Tragedy

 

The UAE's recent humanitarian mission to support the earthquake-hit regions of Turkey and Syria is a commendable display of the country's values and commitment to global solidarity. The scale of aid delivered, including 97 relief flights carrying 2,624 tonnes of aid, highlights the Emirates' unwavering support for those in need, irrespective of borders.

The death toll from the earthquakes has surpassed 44,000, with millions more affected by the devastation. In response, the UAE has played a significant role in the international response to the humanitarian crisis unfolding in the two countries. This support is being carried out under Operation Gallant Knight/2, which is being led by various ministries, the Khalifa bin Zayed Al Nahyan Foundation, and the Emirates Red Crescent.

The mission has seen Emirati rescue teams deployed in life-saving operations, while essential medical equipment has been flown in to support the overwhelmed healthcare systems in the affected areas. The Emirates' 50-bed field hospital, recently deployed to Turkey, has treated 174 earthquake victims to date. The hospital is fully equipped with medical, technical, and administrative teams to help people injured in the earthquakes.

The UAE's response to the humanitarian crisis in Turkey and Syria is not surprising, given the country's deep-rooted commitment to humanitarian values and global solidarity. The Emirates is among the world's top donors of foreign aid, with a strong focus on supporting disaster relief efforts and rebuilding infrastructure in affected regions.

This mission serves as a reminder of the importance of collective action in the face of humanitarian crises. The world needs more compassionate and generous acts to overcome the challenges of our time. The UAE's support to the earthquake-hit regions of Turkey and Syria is an inspiring display of solidarity and empathy that we should all strive to emulate.

In conclusion, the UAE's support to the earthquake-hit regions of Turkey and Syria is a testament to the country's humanitarian values and commitment to global solidarity. The immense relief material delivered and the deployment of Emirati rescue teams and medical equipment are a true representation of the Emirates' unwavering support for those in need. The world needs more of such compassionate and generous acts to overcome the challenges of our time, and the UAE's response to this crisis should inspire us all to do better.





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