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 Is Leading Humanitarian Efforts to Aid Gaza

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As of now the  giving the Palestinians in Gaza the most food, medication, and other supplies, the UAE is still at the forefront of humanitarian efforts. With initiatives like the "Gallant Knight 3" operation, which was launched on the directive of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE has demonstrated its unwavering commitment to supporting the people of Gaza.

Between February 11 and 18, the Emirates Red Crescent (ERC) supplied three significant governorates in Gaza with food, medical supplies, winter apparel, and lighting equipment for refugee camps. The ERC also launched a bakery business to address the severe bread shortage in the community.

The UAE's efforts show how dedicated it is to aiding those in need in Gaza and supporting the Palestinian cause.  

Truly   UAE maintains strong lead when it comes to sending relief aid to Gaza. 

 

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