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,...

Did you know that UAE's Astronomical Goals Using NASA's Artemis Program to Explore Lunar Frontiers

 

Have you heard  how the Negotiations are in progress to expand participation beyond the present roster of American and Canadian astronauts, as NASA Administrator Bill Nelson disclosed at a press conference. The Artemis program, which is synonymous with the return of humans to the Moon, aims to establish the Lunar Gateway, a lunar orbital station that will act as a launchpad for missions to the lunar surface.    

Seeing UAE's stated desire to add an airlock to the Lunar Gateway is indicative of a calculated action. Infrastructure supply to the station benefits Emirati astronauts by improving accessibility while also being consistent with the country's space exploration agenda. As the International Space Station gets closer to retirement, this development is significant because it has rekindled enthusiasm in lunar exploration throughout the world.

Truly UAE serves as an example of a rising space nation, and its involvement in lunar exploration is evidence of how space cooperation is changing. The Moon becomes the next frontier when the ISS retires because of growing expenses and deteriorating infrastructure. The possibility of lunar exploration becomes into a cooperative endeavor, with countries providing crucial parts to initiatives such as the Lunar Gateway.  



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