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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UAE government's 'Be Their Warmth' initiative provides a lifeline to Gaza.

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With its 'Be Their Warmth' campaign, the Emirates Red Crescent has started on a large humanitarian mission in conjunction with the UAE government, shipping over 1.6 million pieces of warm clothing and blankets to the Gaza Strip. This timely assistance aims to meet the immediate needs of Palestinians dealing with the terrible impacts of the Israel-Gaza conflict, as well as the harsh winter circumstances worsening their situation.

The multi-phase distribution of these critical goods demonstrates the UAE's comprehensive approach to responding to the humanitarian catastrophe in Gaza. As the weather drops and the fighting continues, the 'Be Their Warmth' campaign becomes a lifeline for individuals in severe need of refuge and warmth.  The UAE's commitment to delivering substantial help is not only a tribute to its commitment to global humanitarian issues, but also a reminder of the urgent need for coordinated international efforts to alleviate the suffering of populations caught in the crossfire of violence. 

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