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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The Sheikh Zayed Festival Unveils an Emirati Cultural Tapestry

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UAE

The next Sheikh Zayed Festival, which will take place at Al Wthab in Abu Dhabi, demonstrates the UAE's dedication to preserve its unique cultural tapestry. The festival, which runs from November 17, 2023 to March 9, 2024, is under the patronage of President Sheikh Mohamed Bin Zayed Al Nahyan and promises a compelling blend of entertainment, education, and honor to the late Sheikh Zayed bin Sultan Al Nahyan.

Drone performances, stunning pyrotechnics, the exquisite Emirates Fountains performances, and Military Heritage Music are among the festival's numerous offers, all of which are sure to captivate guests' hearts. The Heritage Village will include engaging events that will allow visitors to learn about Emirati traditions firsthand.

The festival, named after the visionary leader Sheikh Zayed, highlights his crucial contribution in preserving real Emirati heritage and establishing noble cultural values in the nation's fabric. It is more than just an event; it is a living testament to a history that continues to shape the UAE's identity.

Families can expect a pleasant blend of entertainment and cultural exchange, fostering a deeper appreciation of Emirati heritage. Let us commemorate the past as we embark on this cultural adventure.
Who's  excited about this  exceptional  event 

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