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,...

Morocco's National Tourism Office partners with international tourism groups to boost country's global profile

 

Morocco's National Tourism Office (ONMT) is taking bold steps to promote the country as a must-visit destination for travelers around the world. In recent news, the ONMT has announced partnerships with various international tourism groups and organizations with the goal of boosting Morocco's profile in the global tourism market.

These partnerships are a significant milestone for the ONMT and demonstrate their dedication to promoting Morocco as a destination of choice for travelers. With the support of these organizations, the ONMT will be able to showcase the unique beauty and culture of Morocco to a global audience.

One of the key areas of focus for the ONMT's partnership agreements is digital marketing. The ONMT will collaborate with various digital marketing agencies to create and distribute engaging content that highlights the many attractions and experiences that Morocco has to offer.

Another area of focus is sustainable tourism. The ONMT is partnering with organizations that prioritize sustainable tourism practices, ensuring that Morocco's natural and cultural resources are protected for generations to come.

Overall, the ONMT's partnerships represent a significant investment in the future of Morocco's tourism industry. By working with international tourism groups, the ONMT is putting Morocco on the map as a top destination for travelers seeking adventure, culture, and unique experiences. With these efforts, Morocco is sure to become a go-to destination for travelers worldwide.

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