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,...

Tennessee Tornadoes: A Call to Action Amid Tragedy

 

Tennessee

The recent tornadoes that swept through Tennessee have brought forth not only tragedy but a resounding call to action. As the affected communities grapple with loss and destruction, the imperative to respond swiftly and compassionately becomes paramount.

The immediate aftermath requires a coordinated response to provide assistance to those affected. Emergency services, medical facilities, and local authorities are working tirelessly to treat the injured and provide support to families who have lost their homes and loved ones. The response from neighboring communities and organizations adds a layer of hope amid the devastation.

As the immediate response unfolds, attention must shift to long-term recovery efforts. Rebuilding homes, restoring infrastructure, and addressing the emotional trauma experienced by survivors become focal points. The tragedy in Tennessee serves as a stark reminder of the importance of disaster preparedness and the need for ongoing community support.

Amid the heartbreak caused by the Tennessee tornadoes, there emerges a narrative of resilience, solidarity, and a collective commitment to rebuilding. The response to this tragedy transcends the immediate challenges, becoming a testament to the strength of communities in the face of nature's fu

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.