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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Responding to the Aftermath of a Devastating Earthquake

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Doctors and medical teams are at the forefront of the humanitarian response amid the turmoil and grief. They face a formidable challenge: an influx of people in severe need of medical care, along with inadequate resources. Despite the odds, these medical heroes are undeterred in their mission to save lives and bring comfort to the injured.   

Compounding the already dire situation is the constant threat of aftershocks. To mitigate risks, many patients have been relocated from medical facilities to makeshift tents. This precautionary measure aims to safeguard individuals from potential harm caused by further seismic activity. It is a testament to the resilience and adaptability of both survivors and relief workers alike.

The earthquake that shook Morocco's foundations has left an indelible mark on the nation, with countless lives forever altered and communities forever changed. As relief workers and medical professionals work ceaselessly to meet the urgent needs of survivors, they embody the unwavering spirit of human kindness and empathy. In these trying times, the resilience, unity, and support demonstrated by both local and international communities offer a glimmer of hope. It is a testament to the human capacity to come together, heal, and rebuild even in the wake of the most devastating of tragedies.


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