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 Vision for the Future: The UAE's Stellar Rise in Space Exploration

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UAE

 The Mohammed bin Rashid Space Centre has played a critical role in developing these astronauts' talents, demonstrating the UAE's steadfast commitment to becoming a major player in the global space sector. Sheikh Hamdan's latest declaration not only marks the end of years of planning, but also the start of ambitious space missions that will definitely attract the world's attention.

The goal of the UAE goes far beyond national boundaries. The nation hopes to contribute to scientific discoveries that will benefit humanity as a whole by actively participating in space exploration. The pursuit of "exceptional projects" reflects the UAE's resolve to leave an indelible imprint on the future of space research and technology. 

As it rockets towards space, the UAE supports the values of international cooperation and information exchange. The country's space exploration efforts are a monument to the notion that exploring the unknown not only broadens our understanding of the universe, but also holds the answer to solving some of the world's most pressing problems.

The UAE's space adventure is more than a matter of national pride; it is a visionary mission with the ability to inspire and benefit people all over the world, changing the future of space exploration for future generations. 


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