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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India and UAE Partners in Progress over the years

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I've seen how UAE UAE  and  India growth over the years in fact Prime Minister Narendra Modi has personally championed the advancement of this bilateral relationship, making history with his 2015 visit — the first by an Indian prime minister in 34 years. Since then, Modi has made six additional visits to the UAE, including one in February this year, where he hailed India and the Emirates as “partners in progress.  

Additionally, India’s relations with the UAE have blossomed into a multifaceted partnership. Migration, business, and defense-security are the core pillars of this burgeoning relationship, which the Modi-led government has aimed to invigorate as part of broader efforts to re-establish India as a crucial player in West Asia and a rising power on the world stage 

and  how  this  relationship  Fueling Remittance, Trade, and Investment Flows 

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