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,...

The UAE Tops the Charts as the Global Hub for International Talent: Deel's Annual Report

 

UAE


According to Deel's annual Global Hiring report, the United Arab Emirates (UAE) has become the most sought-after destination for foreign talent seeking work visas in a world of growing globalization and interconnected economies. With data from 300,000 work contracts in 160 countries, this extensive study provides insight into the changing nature of employment trends around the world

The United Arab Emirates (UAE) has cemented its standing as the global hub for foreign talent, drawing in individuals from a wide range of industries and backgrounds. This noteworthy achievement emphasizes the country's attractiveness as a worldwide commercial hub and the aggressive steps made to foster an atmosphere that is favorable to foreign employment. 

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