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,...

Eid Al Adha: A Celebration of Faith, Unity, and Sacrifice

 

Eid Al Adha:

Eid Al Adha, also known as the Festival of Sacrifice, is a momentous occasion that brings the Hajj season to a close across the region. It is a time when Muslims from all walks of life come together to commemorate Prophet Ibrahim's unwavering faith and willingness to obey Allah's command.

One of the most distinct rituals of Eid Al Adha is the performance of Eid prayers, where worshippers gather in mosques and open spaces, adorned in new clothes, to offer prayers and express gratitude for their blessings. This is a joyous moment filled with heartfelt prayers and the exchange of warm wishes among friends, family, and the community.

Children play a significant role during this festive season, eagerly running up to adults to receive their Eid money as a token of love and blessings. This tradition brings smiles to their faces and adds to the joyous atmosphere that envelops the celebration.

In Makkah, the holiest city in Islam, nearly two million pilgrims are engaged in their final rites, concluding their pilgrimage with the symbolic stoning of the devil ritual. This sacred act signifies the triumph of good over evil and serves as a reminder of the tests and trials faced by Prophet Ibrahim.

Eid Al Adha is also marked by the preparation of lavish feasts, where families and friends gather to share in the joyous occasion. The centerpiece of these feasts is often a succulent and meat-filled meal, symbolizing the sacrifice made by Prophet Ibrahim and the provision of sustenance from Allah.

As Muslims reflect on the story of Prophet Ibrahim and his unwavering faith, Eid Al Adha becomes a time of introspection, gratitude, and a renewed commitment to fulfilling one's obligations to Allah and fellow human beings. It is a celebration that fosters unity, compassion, and the spirit of sacrifice.

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