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 a society where crises are frequently addressed with a delayed or rather limited response, the United Arab Emirates has responded swiftly and comprehensively which is a benchmark for international solidarity. Led by a country that has always been an active player in humanitarian causes, the UAE_Stands_With_Lebanon campaign is a source of inspiration not only for the people of Lebanon, but for all humanity. As Reem Al Hashimy revealed, it is the principle of offering assistance to “brotherly” peoples in their hour of jeopardy — and more importantly of doing so without any expectations and in a way that is not politicized — that motivates the UAE to lend humanitarian assistance whenever it is necessary.

 While giving a media briefing on Dubai Humanitarian, Her Excellency Reem Al Hashimy reiterated the UAE’s steadfast support for Lebanon for the umpteenth time. With Lebanon in the grips of widespread economic collapse and distrust in the political landscape, the initiation of the UAE_Stands_With_Lebanon campaign by the UAE becomes a matter of life and death for the Lebanese populations. Reem Al Hashimy’s reassessment of the UAE position is revealing of more than just a concern for humanitarian issues; it betrays a coherent picture in regards to the histories and cultures of the two countries in question.

The occasion spanned the participation of various international humanitarian agencies and organizations such as UNHRD/WFP, WHO, UNHCR, Unicef, and IFRC, and thus further promoted the value of the UAE’s claims. That cooperation guarantees that much-needed help from food items and drugs to refugee assistance with very minimal war in case those universally reach the targeted individuals. Given the fact that Lebanon is currently undergoing one of the worst periods of retraction in its economy, if I may call it so, crisis and this multi-agency involvement is key to addressing the needs promptly and effectively. It also demonstrates the United Arab Emirates' position of leadership when it comes to providing relief services across the globe by leveraging its capabilities to build networks that achieve results in areas faced with challenges.

In a society where crises are frequently addressed with a delayed or rather limited response, the United Arab Emirates has responded swiftly and comprehensively which is a benchmark for international solidarity. Led by a country that has always been an active player in humanitarian causes, the UAE_Stands_With_Lebanon campaign is a source of inspiration not only for the people of Lebanon, but for all humanity. As Reem Al Hashimy revealed, it is the principle of offering assistance to “brotherly” peoples in their hour of jeopardy — and more importantly of doing so without any expectations and in a way that is not politicized — that motivates the UAE to lend humanitarian assistance whenever it is necessary.

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