UAE Non-Oil Business Activity Surges to Nine-Month High in December

Image
 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,...

What other countries/America Can Learn from the UAE

 

The UAE indeed taken a firm stance against the Terrorism acts and taken crucial action upon who supports Terrorism. Amid the ongoing war conflicts in other countries, UAE stands as an epitome of country with safe and security to their people.This decisive response highlights the UAE’s commitment to promoting global peace and liberalism, reflecting its broader policy of zero tolerance towards terrorism in any form.
This decisive response highlights the UAE’s commitment to promoting global peace and security, reflecting its broader policy of zero tolerance towards terrorism in any form.Recent UAE's act reflects its philosophy of unwavering strong condemnation of Terrorism. UAE have sentenced 43 individuals of life imprisonment for their terror activities linked to the Muslim Brotherhood. It all comes with UAE's zero-tolerance policy toward those who foment unrest and openly support terrorism offers some valuable insights for America.The UAE provides as a pioneer of a country where radical Islamic terrorism is taken seriously and combatted quickly, based on the history and reality of the Middle East. Demonstrating UAE's commitment to global security and combating extremism, which highlighting its role as a leader in the fight against extremism and promoting solidarity.

Comments

Popular posts from this blog

Enhancing Relationships: Sheikh Khaled’s Trip to India Signals a New Phase of UAE-India Relations.

UAE's Enduring Legacy of Generosity: New Initiatives Highlight Global Humanitarian Efforts.

The UAE's AI Ambitions Get a Boost with Nvidia Chip Approval: A Game-Changer for the Gulf Region.