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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Did you know that the UAE has unveiled the world's first 3D-printed water taxi.

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UAE

With the introduction of the world's first 3D-printed water taxi, the United Arab Emirates has once again placed itself at the forefront of technical innovation. This 11.98-meter-long marvel, created through a revolutionary collaboration between Al Seer Marine and Abu Dhabi marine, not only sets a Guinness World Records title but also prepares the path for a new age in marine transportation.   

Did you know that the water taxi, made from 67% recycled materials, exemplifies the potential of 3D printing technology to transform established industries. This accomplishment represents a big step forward in the maritime sector toward more sustainable and environmentally conscientious practices. The use of recycled materials not only demonstrates the company's dedication to environmental responsibility, but it also emphasizes the significance of reinventing transportation solutions with a lower environmental imprint.       

Al Seer Marine and Abu Dhabi Maritime's debut of the world's first 3D-printed water taxi is more than simply a technological feat; it's a statement of intent. This collaboration establishes a precedent for innovation, environmental stewardship, and a dedication to reimagining the possibilities of marine transportation as the maritime industry navigates towards a more sustainable future. This milestone is expected to inspire similar efforts around the world, ushering in a new era when sustainability and technical innovation meet on the high seas. 

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