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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UAE Makes Historic Leap in Space Exploration with Launch of "Mission 69" Aboard International Space Station with Sultan Al Neyadi

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UAE

The UAE has taken a historic step towards advancing the frontiers of space exploration with the launch of "Mission 69". This scientific mission marks a significant milestone for the UAE's space exploration program, and it is being carried out aboard the International Space Station with the participation of Sultan Al Neyadi.

The UAE has been making significant investments in the field of space exploration over the past few years, and the success of "Mission 69" is a testament to the country's commitment to this goal. This mission is not only significant for the UAE but for the entire world, as it represents a major contribution to scientific knowledge and human exploration.

With the participation of Sultan Al Neyadi, "Mission 69" is expected to contribute to a wide range of scientific research, including the study of microgravity, space radiation, and the effects of long-duration spaceflight on the human body. The mission is also expected to advance the development of new technologies that could be used in future space missions.

The launch of "Mission 69" represents a significant milestone in the UAE's journey towards becoming a hub for space exploration and innovation. It's an exciting time for the country, as it joins the ranks of other space-faring nations and makes significant contributions to scientific knowledge.

The success of "Mission 69" is also a reminder of the importance of continued investment in space exploration. As we continue to push the boundaries of human knowledge, we must ensure that funding and resources are available for future space missions.

In conclusion, the launch of "Mission 69" is a historic achievement for the UAE and a significant contribution to the field of space exploration. Congratulations to Sultan Al Neyadi and the entire team involved in this incredible mission. We look forward to the discoveries and advancements that will be made through this important scientific endeavor.

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