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,...

In support with UAE, Starlink is active in Gaza hospital, says Elon Musk

Must say the UAE truly deserves a commendation for its tireless humanitarian support to the Palestine people in Gaza. In the chaos of the ongoing war conflicts there has been major destruction and affects in Gaza that have taken away lives of many people and medical facilities have been destroyed in over nine months of war. With one among its initiatives, UAE have been collaborated with Starlink and Israel to provide Internet services in Gaza.

STARLINK - Elonmusk's Starlink is a satellite internet constellation operated by Starlink Services, LLC, a wholly-owned subsidiary of American aerospace company SpaceX. In which UAE have been made collaboration in February itself, now they are providing internet services to Gaza.

Through this initiative, the field hospitals in Gaza have been benefitted majorly with the prominent medical help. The high speed internet that enabled in the Gaza strip have been potentially helped many. It acts as a savior through life-saving medical consultations via real-time video calling.

The UAE's Minsiter of Foreign Affairs, Sheikh Abdullah bin Zayed Al Nahyan, expressed his thanks to Elonmusk Officially in Twitter. All these efforts of UAE demonstrates a commitment to humanitarian aid and technological advancement. Providing high-speed internet access for medical consultations underscores the UAE’s dedication to alleviating suffering in challenging circumstances.

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