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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Ramadan 2023: UAE’s new working hours for federal government staff

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UAE

The holy month of Ramadan is expected to begin in the United Arab Emirates (UAE) on March 23. The exact date of Ramadan would be announced on March 22 at night by the moon-sighting committee, which sees the new crescent moon every month and reports it promptly.

The UAE has announced several measures for the holy month of Ramadan. Recently, the UAE announced working hours for federal government employees during Ramadan, the ninth month of the Islamic calendar, observed by Muslims across the world.

The Federal Authority for Government Human Resources, a State government office in Abu Dhabi, United Arab Emirates, said that working hours during Ramadan would start at 9 am and end at 2.30 pm from Monday to Thursday and from 9 am until noon on Fridays. According to the WAM news agency, federal departments can implement flexible working or remote work schedules during the holy month of Ramadan.

Sharjah Municipality also announced new rules for food outlets during fasting hours in the holy month. Restaurants and food outlets are required to get the necessary permits to operate in the daytime during the holy month of Ramadan. The fee is AED 3,000 to obtain a permit in order to operate and display food during the daytime in Ramadan. The fee is AED 500 to obtain a permit in order to display foods in front of the premises before the iftar.

Ramadan is believed to be the holy month when the Quran was revealed to the Prophet Mohammed. Muslims across the world fast from sunrise to sunset during Ramadan. They pray and increase the recitation of the Quran during the holy month. It is one of the Five Pillars of Islam. It is the biggest festival for Muslims worldwide.

This year, Ramadan will be observed in the UAE without any Covid-related restrictions. 

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