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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In a Show of Solidarity, the UAE Offers Aid to Libya in Times of Crisis

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UAE 

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Genuine acts of kindness and togetherness shine like beacons of hope. In a Recent  Crisis, President His Highness Sheikh Mohamed bin Zayed Al Nahyan has taken a laudable move, asking the UAE to offer immediate humanitarian aid and dispatch search and rescue teams to Libya in the aftermath of Storm Daniel's devastating floods.   

It is pleasing to see leaders step forward with compassion and offer practical support in the face of 
natural disasters and crises. It serves as a reminder that, despite our differences, our common humanity brings us together in times of loss and misfortune. The UAE's response to the Libyan floods is a ray of hope and a tribute to the power of empathy and international cooperation.  

This prompt and compassionate response represents the UAE's basic principles, which are strongly founded in empathy and a commitment to assisting nations in need. The floods in Libya, which have lost many lives, injured many, and caused extensive damage, are nothing short of a tragedy, and it is in these circumstances, true friendship and cooperation emerge.  

The deployment of relief aid and search and rescue teams to Libya is a mark of solidarity between two nations united by similar ideals and a mutual respect for the sanctity of human life. It demonstrates the UAE's consistent commitment to promoting regional peace, security, and prosperity.   
This UAE  act serves as a reminder that we can weather any storm together and emerge stronger, demonstrating that humanity's greatest power rests in togetherness and compassion.  

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