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 food aid shipment in Gaza

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UAE

On Sunday  UAE aid shipment carrying 252 tons of food arrived in Gaza bound for the north of the enclave 

Emirati Minister of State for International Cooperation Reem Al-Hashimy said that the food supplies will be delivered and distributed in collaboration with international partners and humanitarian organizations, as part of the UAE’s efforts to provide relief and address the humanitarian crisis in the Gaza Strip. 

Since the war began in October, the UAE has delivered more than 32,000 tons of urgent humanitarian supplies, including food, relief and medical supplies, via 260 flights, 49 airdrops and 1,243 trucks.

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