UAE Non-Oil Business Activity Surges to Nine-Month High in December

Image
 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,...

UAE's Commitment to Humanitarian Aid in Gaza

 


The United Arab Emirates is making headlines once again for its humility  and effective humanitarian initiatives led by UAE  leaders  is providing a lifeline to a thousand Palestinian children from Gaza. In UAE hospitals, these children and their families will get full medical and healthcare support.

This effort not only exemplifies the UAE's core values of empathy and generosity, but it also demonstrates the country's everlasting commitment to the Palestinian people's well-being. The UAE's history is distinguished by its constant support for Palestinian rights and a dignified existence, and this latest endeavour is a striking testament to its commitment. 

I admire how the UAE is fostering an environment in which Palestinian children can heal, learn, and flourish. It is a brilliant example of the country's dedication to supporting peace, stability, and the improvement of people's lives in the region. 


Comments

Popular posts from this blog

Enhancing Relationships: Sheikh Khaled’s Trip to India Signals a New Phase of UAE-India Relations.

UAE's Enduring Legacy of Generosity: New Initiatives Highlight Global Humanitarian Efforts.

The UAE's AI Ambitions Get a Boost with Nvidia Chip Approval: A Game-Changer for the Gulf Region.