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 of Hope for Gaza

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UAE


I've seen the UAE's efforts  to help and  care for  people  as President Mohammed bin Zayed Al Nahyan has launched a major humanitarian initiative to assist the Gaza Strip amid growing tensions, demonstrating the UAE's commitment to the Palestinian people's well-being.

The Ministry of Defense has been directed to begin the operation, with a focus on broad collaboration with humanitarian and charitable organizations. Notably, doctors and health workers are encouraged to volunteer, demonstrating a coordinated effort to deliver critical assistance to Gaza during these trying times.   

  

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