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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EAD to ban single-use Styrofoam

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EAD

The "Single-Use Plastic Policy" of EAD was introduced in 2020.  Styrofoam is a type of plastic called expanded polystyrene, and it has a range of uses. As part of the ban, Abu Dhabi is targeting avoidable, single-use consumer products. 

the banned products comprise cups, lids, plates and beverage containers (including caps and lids) made of expanded polystyrene. In addition, food container receptacles for products that are intended for immediate consumption, either on the spot or for takeaway, or containers that have a product that is typically consumed from the receptacle and is ready to be consumed without any further preparation such as cooking, boiling or heating, will also be prohibited.

"We are striving to make life easy for consumers while maintaining the balance of conserving the environment simultaneously; therefore, for the ban, we have only selected items that are avoidable single-use plastics and have clear and sustainable alternatives. We will also provide support to government and private sector entities to facilitate the shift towards reusable solutions."


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