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,...

Elon Musk vs Mark Zuckerberg cage fight to take place in Italy

 

Elon Musk

The much-anticipated cage fight between Twitter owner and tech billionaire Elon Musk and Meta CEO Mark Zuckerberg will take place at the Colosseum in Rome, Italy, according to reports.

Musk has revealed the location of the fight via tweet. In another tweet, he linked a 1-minute-30-second YouTube video named 'Life of Brian Colosseum fight' and commented, 'Need to work on my endurance', referring to the fight with the Meta CEO.

Previously, the fight between the two tech billionaires was scheduled to take place in Las Vegas, one of the most populous cities in the United States (US).

According to a recent TMZ Sports report, the Meta CEO was approached by the Minister of Culture, who offered him to have a fight at Rome's Colosseum. His people eventually alerted UFC President Dana White of the location, and his people contacted the minister.

Reportedly, Musk and Zuckerberg have been talking with White about the details of a fight daily for the past one week.

Musk, who has several businesses, including SpaceX, Tesla, Twitter, The Boring Company, and Neuralink, is preparing for the fight. He has studied Jiu-Jitsu and has won medals in a few contests. He recently stunned the internet by performing 100 pull-ups, 200 press-ups, and 300 squats before running a mile in a 9 kg weighted vest.

Last week, two of the world's most famous and richest technology billionaires agreed to fight against each other in a cage match. Musk wrote on Twitter that he was open to “a cage fight" with Zuckerberg. Zuckerberg said, “send me a location.” Musk said on Twitter, "I have this great move that I call 'The Walrus', where I just lie on top of my opponent & do nothing. I almost never work out, except for picking up my kids & throwing them in the air."

The two richest people have been in the spotlight in recent days over the cage fight.


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