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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Surge in Parking Tickets Hits UK Motorists: A Deep Dive into the Alarming Trends

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The landscape of parking enforcement in the United Kingdom is undergoing a notable shift, with motorists experiencing a sharp increase in parking tickets issued by private companies. Data analysis conducted by the PA news agency and RAC Foundation has revealed alarming figures, indicating a substantial rise in the number of tickets issued daily. This article delves into the key findings, shedding light on the impact of this surge on UK drivers.

Between July and September, more than 3.3 million parking tickets were issued, marking a 16% increase from the 2.9 million during the same period last year. This surge equates to a record daily average of nearly 36,000 tickets, showcasing the magnitude of the issue. With each ticket potentially costing drivers up to £100 ($127), the financial i

The financial burden on drivers is a significant concern, as the cost of parking tickets can accumulate rapidly. With daily expenses potentially reaching millions of pounds, this surge places a strain on motorists' wallets and raises questions about the fairness and transparency of parking enforcement practices.

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