UAE’s Lifeline to Lebanon: 18th Aid Plane Delivers Vital Medical Supplies Amidst Crisis

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  The United Arab Emirates has dispatched its 18th aid aircraft carrying 40 tonnes of essential medical supplies to Lebanon as part of the “UAE Stands with Lebanon” campaign. This ongoing initiative, launched in early October, aims to provide critical food, medical, and shelter supplies to the Lebanese population, who continue to face severe hardships due to ongoing conflict. In close collaboration with international organizations such as the World Health Organization (WHO), the United Nations High Commissioner for Refugees (UNHCR), and the International Federation of Red Cross and Red Crescent Societies (IFRC), UAE humanitarian organizations are playing a pivotal role in delivering life-saving aid to Lebanon’s vulnerable communities. The campaign is a direct response to the directives of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, with further guidance from His Highness Sheikh Mansour bin Zayed Al Nahyan, UAE Vice President and Deputy Prime Minister, and under the l

UAE Economy Balancing Development and Sustainability

 

According to the most recent Economic Insight study, which was produced by Oxford Economics under contract with the Institute of Chartered Accountants in England and Wales (ICAEW), the United Arab Emirates (UAE) is expected to undergo a substantial economic upheaval in 2024. This article explores major forecasts, emphasizing the anticipated GDP doubling, diversification initiatives, growth in the non-oil economy, fiscal stability, and the UAE's dedication to sustainability. 

The UAE's aggressive efforts to expand its non-oil sector demonstrate the country's commitment to economic diversification; the country's integration into the BRICS bloc in January 2024 and its recent successful sovereign bond sale, which raised US$1.5 billion, are major achievements. The country's non-oil GDP growth of 3.8% in 2024 is expected to be aided by the growth of industries like logistics, technology, infrastructure, and finance. 

Truly   UAE's economic outlook for 2024 reflects a harmonious blend of growth, diversification, fiscal resilience, and sustainability. As the country strives to double its GDP, the proactive measures taken in non-oil sector expansion, green finance, and net-zero commitments showcase a forward-thinking approach. The resilience displayed in the face of global challenges positions the UAE as a beacon of economic stability and sustainability in the region.

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