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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Emirates Red Crescent Launches Dh37.6 Million Ramadan Campaign to Support Needy Families in the UAE and Globally

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UAE

The Emirates Red Crescent (ERC) has started a Ramadan campaign worth Dh37.6 million ($10.2 million) to help needy families in the UAE and around the world. The Ramadan Continuous Giving Campaign, which begun on Sunday, seeks to offer millions of individuals with Eid apparel, food packs, and Iftar dinners, according to the Abu Dhabi Media Office. It seeks to help 1.8 million people in the UAE and 44 other countries in Asia, Europe, and South America.

This reflects the UAE's belief in empathy, humanism, and the spirit of Ramadan. It seeks to provide support and help to people in the UAE and around the world, alleviating suffering, improving lives, maintaining human dignity, and combatting poverty, hunger, and disease.

There will be 321 donation collection stations around the emirates, including malls, prominent markets, and frequently inhabited regions. Citizens and residents can also make donations through the ERC's donation centers, website, applications, bank deposits, text messaging, cash donation boxes, and numerous in-person donation collection points.  

This  year  The ERC has also concentrated on improving its Ramadan activities in Gaza, offering 10,000 Iftar meals to Palestinians during the holy month. Additionally, the Sheikh Zayed Grand Mosque in Abu Dhabi has finished preparing to welcome thousands of worshippers and visitors throughout Ramadan. It has provided over 70 electric vehicles to carry worshippers from parking lots to prayer halls, with priority given to the elderly and crippled. The mosque has also provided around 50,000 breakfast meals for employees and over 1,480 rugs for worshippers, guaranteeing a secure and comfortable environment for everyone.  


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