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 Ongoing Initiatives to Help End Conflict and Aid Sudanese People

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UAE

The UAE has demonstrated its commitment to helping the people of Sudan and putting a stop to the fighting in the area by attending the International Humanitarian Conference for Sudan in Paris, France. The UAE highlighted its ongoing efforts to give relief aid and medical support to people affected by the situation by pledging USD 100 million to support humanitarian efforts in Sudan and surrounding countries.

HE Sheikh Shakhboot bin Nahyan Al Nahyan underlined the UAE's support for global peace initiatives. To help Sudanese refugees, the UAE has erected a field hospital in Abéché City, Republic of Chad, and given USD 150 million in disaster aid, including food, medicine, and relief materials. 

The UAE's assistance is a reflection of its dedication to providing humanitarian relief and its aim to address the issues that the Sudanese people face. In order to put an end to the conflict and guarantee the security and stability of Sudan 


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