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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Unlocking the Future UAE's Search for a Youth Minister

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The UAE leadership took to Twitter to announce an audacious project - the search for a new Minister of Youth. This bold decision, marked by innovative thinking and a firm conviction in the potential of the nation's youth, is more than just leadership; it is a roadmap for a thriving and sustainable future.  

The search for a Minister of Youth marks a significant shift in how governments approach leadership and decision-making. It recognises that today's young are leaders, not merely leaders of the future. The UAE is paving the path for new perspectives, infinite energy, and innovative ideas to become critical in deciding the nation's policies and destiny by providing them a seat at the table.     

We express our heartfelt appreciation for this bold and courageous move. It's an investment in our generation, a beacon of hope for future generations, and proof of our unshakable dedication to progress. Thank you for not only launching an idea, but also putting it into action in a transparent manner, providing an exceptional chance for all.  

Proven that the UAE truly is a shining example of a nation that believes in its youth's limitless potential.   

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