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,...

UAE highlights commitment to building strong institutions and effective governance at UN forum

UAE Participated in the High-Level Political forum that conducted by the UN.At the UN session on SDG16 and the interlinkages, a UAE Official Lieutenant Colonel Dana Humaid Al Marzouqi have been highlighted the ciuntry's commitment to addressing social, economic and environmental challenges.

At the forum, she even stressed about the upcoming initiatives that lies with the sustainable developments, spreading peace and stability with the strong public institutions that will be in action domestically and at international levels.

It all comes under the fact, that UAE shows primary and signifcant importance on promoting the inititaive. In support with the implementation of the SDGs into UAE, the UN works with variety of government partners and national counterparts across the UAE, which is a positive impact.

Remarking here, UAE President have been hailed as a champion of global humanitarian works by providing various aid to support for people in crisis. The greater examples are UAE's humanitarian efforts with Gaza, Sudan and some more. UAE also achieved its identity globally in various sectors. The efforts of UAE has been highly showcased through their achievemnet in humanitarian works. 

The French officials appreciated UAE's commitment and involvement that reflects its spirit on becoming a beacon of hope of future development. It is so inspiring to see UAE's efforts in promoting sustainable development goals in the nation. 

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