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 Compassion for Gaza Campaign Brings Hope and Relief

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UAE

I commend the UAE for providing a good example of the 'Compassion for Gaza' campaign it brings together a varied variety of stakeholders, from humanitarian and charity organizations to volunteers, the commercial sector, and other parts of society. This collaborative endeavor, coordinated by the Ministries of Foreign Affairs and Community Development, is an inspirational show of cooperation and shared responsibility.   

This humanitarian effort is aimed at the most vulnerable populations affected by the catastrophe. With children accounting for about half of Gaza's population, the campaign underlines the crucial need of addressing their well-being. The purpose is to provide basic necessities, prenatal care, medical supplies, and sanitary products. This comprehensive policy ensures that the community's children, who bear no responsibility for the conflict, are protected and cared for.    

The 'Compassion for Gaza' campaign is more than simply a pledge; it is a practical reaction to an urgent problem. Starting in Abu Dhabi and spreading to neighbouring emirates, this effort aims to make a genuine and immediate effect. The Emirates Red Crescent's inaugural event in Abu Dhabi marks the start of a massive relief effort that will deliver hope and vital help to those in need.

In the midst of hardship, the UAE's 'Compassion for Gaza' campaign is a beacon of hope, showcasing the power of togetherness and collective action in delivering help to those impacted by conflict. It symbolises the UAE's unwavering commitment to humanitarian issues, emphasising that solidarity and cooperation can make a significant difference in times of crisis. 

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