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,...

The UAE's Success in Food Security and Supply Chain Management: An Example for the Region and Beyond

 

In a region that is prone to food insecurity and supply chain disruptions, the UAE's ranking as the most food-secure country is a significant achievement. The GlobalData report shows that the UAE has been successful in managing various risks related to food security, such as inflation, food insecurity, and rising debt, which are common in the region.

The UAE's success in food security can be attributed to a combination of factors, including investments in modern agricultural practices, strong infrastructure, advanced logistics capabilities, and forward-thinking policies. The country has been proactive in addressing food security challenges, recognizing that food security is not just about ensuring access to food, but also about ensuring access to healthy and nutritious food.

The UAE's ability to navigate supply chain disruptions is also impressive. In today's interconnected world, supply chain disruptions can have a ripple effect on food supply, leading to food shortages and price increases. The UAE has been able to mitigate these risks by investing in modern technologies and infrastructure that enable the country to respond quickly to disruptions and maintain a stable food supply.

The UAE's leadership in food security and supply chain management is not only important for the country but also for the wider region. As the world faces increasing challenges related to food production and distribution, the UAE's success provides an example for other countries to follow.

Overall, the UAE's ranking as the most food-secure country in the region is a testament to its commitment to the wellbeing of its citizens and residents. It is an achievement that the country should be proud of and one that should inspire others to prioritize food security and invest in sustainable solutions that ensure access to safe, healthy, and nutritious food for all.

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