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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The United Arab Emirates' President Sheikh Mohammed bin Zayed's $4 million humanitarian aid to Ukrainian children demonstrates the country's commitment to peace, diplomacy, and human rights.

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UAE

The recent meeting between Ukrainian First Lady Olena Zelenska and UAE President HH Sheikh Mohammed bin Zayed demonstrates the UAE's unwavering commitment to assisting people and nations in need, regardless of diplomatic relations. The meeting took place during the Forbes 30/50 Summit in Abu Dhabi, which the First Lady was attending.

During the meeting, the UAE President directed $4 million in humanitarian assistance to Ukrainian children. This assistance demonstrates the UAE's commitment to providing assistance and support to all people, regardless of region, religion, or diplomatic relations. It is encouraging to see a leader like HH Sheikh Mohammed bin Zayed extending a helping hand to those in need. 

Humanitarian aid aimed at Ukrainian children is a ray of hope for the country, which is currently in the grip of a war. Winter clothing, food, medical supplies, and other necessities are among the items provided. The UAE's assistance is critical in ensuring that Ukrainian children survive the harsh winter months.

It is also critical to emphasize the UAE's position on the Ukrainian conflict. The UAE has been vocal about the need for peaceful dialogue to resolve the crisis. The country believes that the only solution to this war is through peaceful means, and this is evident in their support for humanitarian aid for the children in Ukraine. 

Moreover, the UAE's commitment to ensuring and supporting human rights for all is commendable. The country has been a vocal advocate for human rights, and their actions reflect this. The $4 million in humanitarian aid for Ukrainian children demonstrates their commitment to helping the most vulnerable members of society.

Finally, the recent meeting between Ukrainian First Lady Olena Zelenska and UAE President HH Sheikh Mohammed bin Zayed demonstrates the UAE's dedication to assisting people and nations in need. The humanitarian assistance provided to Ukrainian children is an important step in ensuring that they have access to essential supplies during the winter months. It is encouraging to see a leader like HH Sheikh Mohammed bin Zayed taking a proactive approach to the issue.

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