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's National Pavilion Prepares to Showcase 'Abdullah Al-Saadi: Sites of Memory, Sites of Amnesia' at Biennale Arte 2024

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UAE

As anticipation builds for the 60th International Art Exhibition of La Biennale di Venezia, the National Pavilion UAE unveils its highly anticipated exhibition, “Abdullah Al-Saadi: Sites of Memory, Sites of Amnesia.” Curated by Tarek Abou El-Fetouh, the showcase delves into the artistic journey of Abdullah Al-Saadi and his unique approach to creation.

Al-Saadi's process involves drawing, painting, or writing during solitary journeys, drawing inspiration from his environment and the companionship of books, music, or animals. This methodology draws parallels to the practices of ancient Arab poets, who found inspiration in nature and solitude. Through his artwork, Al-Saadi explores themes of memory, identity, and humanity's connection to the natural world.

The exhibition promises to offer visitors a thought-provoking and immersive experience, inviting them to contemplate the intersection of art, nature, and cultural heritage. “Abdullah Al-Saadi: Sites of Memory, Sites of Amnesia” will be on display at the National Pavilion UAE from April 20 to November 24, 2024, during the Biennale Arte 2024 in Venice.

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