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 announces new 10-year Blue Residency Visa for environment heroes

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UAE

On  wednesday  UAE  has launched a special 10-year 'Blue Residency' visa for individuals who have made expectational contributions towards the protection of the environment such  a significant move towards promoting sustainability and environmental protection 

"In line with the national directives directed by the UAE President to designate 2024 as the year of sustainability in the UAE, we introduced the ‘Blue Residency’, a 10-year residency granted to individuals who have made extraordinary contributions to environment protection, whether in marine life, land-based ecosystems, or air quality, sustainability technologies, the circular economy, or related fields," UAE leaders  said  on wednesday  

He  added  that  Blue Residency visa is a special permit for those who have made exceptional contributions towards various environmental fields, including marine life, land-based ecosystems, air quality, sustainability technologies, the circular economy and other fields. 

How  to apply  for  the  blue  Visa 

Individuals who wish to apply for the Blue Residency visa can do so through the services of the Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP). Nominations and recommendations by competent authorities within the state are also accepted by the federal body. 

This recognition  reflects the value of people  work and the impact it has had on the community and the environment

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