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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Emirates and Etihad airlines strengthen ties with interline cooperation for UAE tourism

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Emirates and Etihad airlines have announced an expansion of their interline cooperation, aimed at providing passengers with more seamless travel experiences. Under the agreement, customers will be able to purchase a single ticket for flights on both airlines, with Emirates customers able to connect to Etihad flights via Abu Dhabi, and vice versa.

The move is seen as a smart one for both airlines, as it allows them to offer more routes and destinations to customers without the need for costly code-sharing agreements. It also strengthens the UAE's position as a global hub for air travel, and underscores the country's commitment to innovation and collaboration.


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