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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Transforming Security Landscapes: Genetec Leads the Way with AI and Cloud Innovations

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In an era dominated by technological advancements, Genetec is at the forefront of reshaping security standards with pioneering developments in video surveillance and cloud utilization. The company is spearheading innovations in AI-driven analytics and automation, ushering in a new era of security operations.

Genetec recently unveiled insights from its 2024 State of Physical Security report, a comprehensive study drawing from the perspectives of nearly 700 physical security leaders, including end users and channel partners across the Middle East and Africa (MEA) markets. The report delves into the evolving landscape of security strategies, offering a glimpse into how organizations are adapting to the dynamic changes in the industry.

Automation emerges as a key trend reshaping security operations. Genetec's innovative solutions leverage automation to streamline processes, reducing manual intervention and enhancing efficiency. Automated response mechanisms are proving instrumental in handling routine tasks, allowing security personnel to focus on more complex and strategic aspects of threat management.


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