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,...

At the GISEC 2023 exhibition, the Cyber Security Council leads the way in protecting all sectors of the country.


GISEC 2023 exhibition

With its participation in the GISEC 2023 exhibition, the Cyber Security Council is making waves in the tech industry. The Council is displaying a platform that displays the national cloud, with the goal of protecting the country's various sectors from external cyber attacks. This is a significant step toward ensuring the UAE's digital infrastructure's safety and security. 

The GISEC 2023 exhibition provides a forum for participants to discuss the latest cybersecurity trends, innovations, and solutions. The event will draw over 8,000 participants from around the world, including government agencies and business leaders. The participation of the Council in the exhibition emphasizes the importance of cybersecurity in today's world. 

The Council is also organizing workshops, exercises, and sessions with cybersecurity experts. The goal is to raise awareness about the importance of finding solutions and establishing a secure cyberspace. The Council is preparing the country's various cadres and leading personalities to understand everything new in the cyber field. 

The privacy of citizens' data is one of the main topics being discussed at the exhibition. With the rise of data breaches and cyber attacks, it is critical to keep personal information safe. Another critical issue is the protection of autonomous vehicles' connectivity. Autonomous vehicles are becoming more common, and their security is critical.

The platform of the Council also displays the best and most recent cybersecurity technologies in a variety of industries, including banking and finance, healthcare, government agencies, retail, energy and utilities, and related sectors. It helps parties in these sectors to have the right tools that enable them to protect their business and create secure systems that enhance confidence in the digital economy.  

Ultimately, the Cyber Security Council's presence at the GISEC 2023 exhibition emphasizes the importance of cybersecurity in today's world. It represents an important step toward ensuring the safety and security of the UAE's digital infrastructure. The Council's workshops, exercises, and sessions featuring experts in the field of cybersecurity will help raise awareness of the importance of finding solutions and creating a safe cyberspace. The event provides a forum for discussing the latest cybersecurity trends, innovations, and solutions, making it a must-attend event for anyone involved in the industry.

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