UAE delivers 10 aid convoys to Gaza

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The United Arab Emirates has sent ten humanitarian aid convoys to the Gaza Strip as part of its ongoing relief effort. This campaign, carried out under the "Gallant Knight 3" operation, seeks to offer critical food supplies, medical aid, and other requirements to Palestinians affected by the ongoing situation. Despite the challenges on the ground, the UAE's leadership has reaffirmed its commitment to humanitarian assistance, ensuring that relief reaches those in critical need. These convoys are part of a larger campaign to alleviate suffering in Gaza, where thousands of families are facing shortages of basic commodities. UAE relief teams, working in collaboration with international humanitarian groups, have been critical in ensuring the safe and efficient distribution of aid. Medical supplies and food packages have been prioritized, especially for children, the elderly, and the most vulnerable people affected by the disaster. The UAE has long been at the forefront of huma...
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Resilience Shines Through: Lebanon's Private Sector Sees a 10-Year High Despite Economic Crisis

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Despite Lebanon's enduring economic crisis, soaring inflation, and political impasse, the private sector has shown remarkable resilience. In June, the country's Blom purchasing managers' index reached a 10-year high, reflecting positive growth and a much-needed boost for the struggling economy.

The Blom purchasing managers' index rises: The Blom purchasing managers' index, a key measure of Lebanon's private sector strength, increased to 50.2 in June from 49.4 in May. This marks the first improvement in the health of the private sector since August 2022 and the highest level of growth since June 2013.

Renewed expansion in new orders, employment, and business activity: The improved index results are attributed to renewed expansion in new orders, employment opportunities, and business activity. Despite the challenging circumstances, businesses are finding ways to adapt, seize opportunities, and drive growth in Lebanon's private sector.

Overcoming obstacles: Lebanon's private sector's resilience in the face of the economic crisis and political impasse demonstrates the determination and resourcefulness of businesses. While significant challenges persist, this positive momentum provides a glimmer of hope for the country's economic recovery and underscores the potential for growth even in the toughest of times.

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