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,...
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A New Retiree Haven

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Dubai

The UAE has seen an unexpected spike in retirees looking to make it their new home, and the reasons for this move are as fascinating as the city itself. Beyond the perpetual sunshine that graces its terrain, Dubai has a skyline to rival the world's most iconic cities, all set against a backdrop of urban deserts straight out of a sci-fi film. But there's more to Dubai's allure than meets the eye.   

In this  the Dubai isn't just about leisure; its arts and culture scene is growing, with museums, galleries, and theatres holding a variety of world-class events and exhibitions. This thriving cultural centre offers seniors numerous possibilities to connect with the arts and immerse themselves in the city's diversified attractions.   

Also  proving to be a shining light on the world scene as retirees seek new and fascinating vistas. With its unique blend of luxury, culture, and innovative residency programmes, it's no surprise that an increasing number of retirees are choosing to call this glittering desert paradise home.  

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