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 allocates 70% of its $100 million pledge to the United Nations

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UAE

One of the major donors of humanitarian aid to Sudan and Africa, the United Arab Emirates (UAE) donated seventy percent of the $100 million pledge it made in April during its participation in the International Humanitarian Conference on Sudan to UN agencies and relief and humanitarian groups.  

 UAE includes providing all types of assistance, especially food and health assistance, protecting women and children, and providing livelihoods and shelter in emergencies, which confirms its commitment to addressing various aspects of the humanitarian crisis in Sudan. 

Her Excellency Reem bint Ibrahim Al Hashemi, Minister of State for International Cooperation, said: “The UAE’s aid to Sudan and neighboring countries comes within the framework of the wise   

“Within the framework of providing medical services to Sudanese refugees in neighboring countries, the UAE has built two field hospitals in Amdgrass and Abéché, Chad, to support our fellow Sudanese refugees. Their services extend to all civilians, regardless of nationality, age, gender, or political affiliation. The number of More than 29,378 cases have been received by the hospital in Amdgrass since its opening.  

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