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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Collaboration of AI between the United Arab Emirates and US

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Through this act together, a number of new firms have been created; philanthropic undertakings have also been established as well as space expeditions with a speed that have not only caught everyone by surprise but also led to other Countries looking up at this nation as a reference point in regard to advanced technology. 

The way the United Arab Emirates has embraced change is evident from its association with the United States since this would assist them shape their destiny concerning Artificial Intelligence together with other sophisticated technologies because there is a common aspiration for a progressive world through technology by these two nations.

The UAE and the US are working together on collaboration and innovation in the field of advanced technologies, especially on artificial intelligence   They have a common vision for tomorrow and have made a promise to develop technologically, a shared future  success  stories

“The UAE is very much on Team USA when it comes to advanced technologies like artificial intelligence.”

Afshin Molavi, Johns Hopkins University School of Advanced International Studies  stated

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