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,...

Desperate Search for Missing Migrants Continues after Boat Overturns near Lampedusa

 

Migrants

A desperate search and rescue operation are underway as authorities race against time to locate at least 37 migrants who went missing after their boat capsized off the coast of Lampedusa, an Italian island. The unfortunate incident occurred amidst strong winds and turbulent waves on Thursday, turning the hopes of these migrants seeking a new life into a tragic nightmare.

Reports from the United Nations reveal that the ill-fated boat was carrying 46 migrants, predominantly from Cameroon, Burkina Faso, and Ivory Coast. The treacherous weather conditions proved fatal, causing the vessel to overturn and submerge, leaving the passengers struggling for survival in the tumultuous sea.

Among the missing individuals are two children, including a newborn, adding to the anguish and desperation surrounding the situation. UN refugee agency representative to Italy, Chiara Cardoletti, expressed deep concern over the fate of these migrants and emphasized the need for swift and comprehensive rescue efforts.

The Mediterranean Sea has long been a perilous path for migrants, with tragic incidents highlighting the dangers they face on their journey to find safety and better opportunities. This devastating event underscores the urgency to address the underlying causes of forced migration, enhance search and rescue capabilities, and provide adequate support to those fleeing their homelands.

As the search for survivors continues, it is a stark reminder of the ongoing humanitarian crisis and the shared responsibility of nations to protect and assist those in need. The international community must redouble its efforts to prevent such tragedies and ensure the safety and dignity of migrants undertaking perilous journeys.

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