UAE Non-Oil Business Activity Surges to Nine-Month High in December

Image
 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,...

Red Crescent Provides Shelter and Aid to Over 600 Migrants Forced Out of Sfax, Tunisia

 

Tunisia

In the aftermath of racial tensions sparked by the tragic killing of a Tunisian man on July 3, more than 600 migrants from sub-Saharan countries have been forced out of Tunisia's port of Sfax. However, the Red Crescent has stepped in to offer support and humanitarian aid to these displaced individuals.

According to reports, smaller groups of migrants are still stranded near the Algerian and Libyan border, awaiting assistance. The Red Crescent's efforts aim to ensure that these vulnerable individuals receive the necessary shelter and aid in their time of need.

The racial tensions in Sfax have highlighted the challenges faced by migrants, and the urgent need for a comprehensive approach to address these issues. It is crucial for governments, organizations, and communities to work together to foster understanding, promote tolerance, and provide support to those who have been displaced.

The Red Crescent's intervention in providing shelter and humanitarian aid showcases the importance of humanitarian organizations in offering immediate assistance and relief to those affected by such situations. Their efforts not only alleviate the suffering of the displaced migrants but also send a message of compassion and solidarity to the international community.

As the situation continues to evolve, it is imperative for stakeholders to address the underlying causes of these tensions, promote dialogue, and work towards long-term solutions that ensure the safety, dignity, and well-being of all individuals, regardless of their background.

Comments

Popular posts from this blog

Enhancing Relationships: Sheikh Khaled’s Trip to India Signals a New Phase of UAE-India Relations.

UAE's Enduring Legacy of Generosity: New Initiatives Highlight Global Humanitarian Efforts.

The UAE's AI Ambitions Get a Boost with Nvidia Chip Approval: A Game-Changer for the Gulf Region.