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 Increases Aid to Palestinians in Gaza Throughout Ramadan.

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UAE

Humanitarian aid for Palestinians in Gaza will be increased during Ramadan, according to the International Humanitarian and Philanthropic Council, which has the support of humanitarian organizations in the United Arab Emirates. The objective is to deliver prompt and well-coordinated aid, with a focus on vulnerable groups like women, children, and the elderly.

With a focus on healthcare, religious observance, and basic necessities, the UAE's Ramadan aid programs for Palestinians show its steadfast commitment to promoting solidarity with the Palestinian people. The World Health Organization, USA National Committee, WFP, and UNRWA are all involved in the coordination of these initiatives.  

Through the use of 922 trucks, 212 airplanes, and 3 cargo ships, about 21,000 tonnes of food, medical supplies, and housing materials have been distributed. This program demonstrates the UAE's commitment to helping the underprivileged and resolving the Gaza humanitarian issue. 

 

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