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 President urged the international efforts, to achieve an immediate ceasefire in Gaza.

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UAE

During China-Arab forum   the UAE's commitment to working with its Arab neighbors to support and enhance Arab-Chinese cooperation to the benefit of all sides.

UAE President  Sheikh Mohammed bin Zayed delivered the following speech in China during his visit

 He said that UAE is committed to international collaboration with all countries, including China.

The President called for an immediate ceasefire. This should be viewed in the context of the UAE'snull consistent stance over recent months. While condemning the crimes of Hamas on October 7, the UAE continues to support the Palestinian people through aid and humanitarian relief efforts.

 The President reiterated the official UAE UAE stance on the two-state solution. This envisions a Palestinian state governed by those who acknowledge Israel's right to exist, rather than seek its annihilation.

He also  highlighted that the meeting comes at a time when the world needs to unite and show solidarity, taking place amidst escalating tensions in the Middle East due to the ongoing conflict in the Gaza Strip, leading to dire humanitarian conditions for its residents.

and the  urgent need to pursue a just and comprehensive peace in the region based on the two-state solution.

Seeing  this  kind of call makes UAE and acts as a model for other nations to follow

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