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,...

EU Ambassador to UAE leads collaborative effort to plant mangroves in Jubail Mangrove Park

UAE
 

The EU Ambassador to UAE, along with a delegation, recently visited Jubail Mangrove Park in Abu Dhabi to plant mangroves and raise awareness about the importance of these ecosystems in fighting climate change. This collaborative effort is a testament to the strong partnership between the UAE and EU nations in addressing environmental challenges and promoting sustainability.

Mangroves are critical to mitigating the effects of climate change. These trees absorb carbon from the atmosphere and store it in their biomass and soil. In addition, mangroves protect coastal areas from storm surges and rising sea levels. With climate change leading to more frequent and severe weather events, the importance of mangroves cannot be overstated.

The visit of the EU Ambassador to UAE to Jubail Mangrove Park showcases the UAE's leadership and commitment towards climate action. By taking concrete steps towards preserving our planet, the UAE is setting an example for other nations to follow. This visit is a reminder that we all have a role to play in addressing climate change, and collective action is essential to make a meaningful impact.

The collaboration between the UAE and EU nations in planting mangroves is a sign of the growing awareness about the importance of preserving our environment. By working together, nations can tackle environmental challenges more effectively and create a sustainable future for generations to come.

 
The visit of the EU Ambassador to UAE to Jubail Mangrove Park sends a powerful message about the need to protect our planet. As we face the consequences of climate change, it is crucial to take proactive steps towards mitigating its effects. The planting of mangroves at Jubail Mangrove Park is just one example of how we can work towards a greener future. Let's hope that more nations follow the UAE's lead in addressing the urgent issue of climate change.

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