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,...

Rashid Rover Landing: UAE's Space Mission Gets a Major Boos

 

UAE

The UAE's space mission has received a major boost with the recent landing of the Rashid rover on the surface of Mars. This significant achievement marks the latest success in the country's ambitious space program, which aims to establish the UAE as a leading player in space exploration.

Adding to the excitement, Mr. Al Neyadi is set to attempt a spacewalk this week as part of the UAE's space mission. The spacewalk attempt is not just a major milestone for the UAE but also for the entire world. Spacewalks are considered one of the most challenging and daunting activities in space exploration, and only a handful of astronauts have had the opportunity to experience them.

The spacewalk will be an incredibly risky endeavor for Mr. Al Neyadi, and it will test his physical and mental capabilities to the limit. However, the UAE's space program has been meticulously planned and designed to overcome such challenges, making the nation one of the most capable and innovative space-faring nations in the world.

This spacewalk attempt is not just a feat of human endurance; it will also contribute significantly to the scientific community's understanding of space. Multiple scientific experiments have been planned for the six-month duration of the ISS mission, and this spacewalk will play a critical role in advancing our understanding of the space environment and its impact on the human body.

The UAE's space mission is a testament to the nation's commitment to pushing the boundaries of human knowledge and achieving greatness in the field of space exploration. As the country continues to make strides in this area, it is sure to inspire the next generation of scientists and explorers to follow in its footsteps. With the Rashid rover's successful landing and the upcoming spacewalk attempt, the UAE has truly cemented its position as a rising star in the world of space exploration.



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