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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UAE's Peace and Humanitarian Aid Commitment in the Face of Sudan Conflict

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Sudan

#UAE statement on allegation regarding supplying arms and ammunition to any of the warring parties in #Sudan https://t.co/NmQzgEaJ7q

 

Since the crisis began in April 2023, the UAE has repeatedly urged for de-escalation, ceasefire, and diplomatic talks. According to Al Hameli's statement, the UAE has not supplied weaponry or ammunition to any of the warring parties. This stance emphasises the UAE's impartial posture, which respects Sudan's sovereignty while advocating for a resolution through diplomatic channels.    

Director of Strategic Communications at the Ministry of Foreign Affairs Al Hameli emphasised the opening of a coordination office for UAE foreign aid in Amdjarass, demonstrating the UAE's commitment to facilitating humanitarian assistance. This joint effort demonstrates the UAE's commitment to the region's stability and prosperity. The development of a field hospital in Chad, along with humanitarian relief provisions, demonstrates the UAE's commitment to alleviating suffering and assisting vulnerable communities affected by the conflict.    

  

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