United Arab Emirates
Expo supports UAE non-oil private area development to quickest since June 2019 – PMI
Published
3 years agoon
The United Arab Emirates’ non-oil private area extended at the quickest pace since June 2019 in October, recording its eleventh consecutive month of development as the Expo world reasonable started in business center Dubai, a review displayed on Wednesday.
The occasionally changed IHS Markit UAE Purchasing Managers’ Index (PMI), jumped to 55.7 in October from 53.3 in September on the rear of higher spending and the travel industry.
It was over the 50.0 imprint that isolates development from compression and the primary perusing since the beginning of the pandemic that was over the series normal, presently at 54.1.
“The Expo 2020 at long last started in the UAE toward the beginning of October and acquired a profoundly welcome upsurge development across the non-oil private area,” said David Owen, financial expert at overview compiler IHS Markit. Exhibition was deferred for a year because of the COVID-19 pandemic.
The yield sub-record rose to 61.1 in October from 57.1 in September while new orders additionally rose notably contrasted with September’s perusing.
“The expansions in both yield and new business were sharp and the most set apart since July 2019. What’s more, the lift to deals drove more organizations to anticipate an ascent in movement throughout the following a year, as idealism leaped to the most elevated level since the start of the pandemic,” Owen said.
Business limit in the non-oil area was under reestablished tension because of rising new requests, prompting a fourth sequential month of developing overabundances of work, yet extending at a barely gentler speed than in September.
Development in the business sub-list was slight and just a bit higher than in September, staying beneath the series normal.
“The vital test for the UAE economy will be whether this underlying inspire sought after from the Expo can be supported throughout the next few months. We likewise stand by to see whether this will reinforce work development, as most recent information showed a curbed pace of recruiting in spite of developing tension on business limit,” Owen said.
Announcements
Adventure alert: Hatta unveils UAE’s longest mountain trails
Published
2 weeks agoon
August 24, 2024By
SudhashreeDubai Municipality has completed the development of the UAE’s longest mountain trails, which features 21 cycling routes spanning 53 kilometres, 17 walking trails across 33 kilometres, 9 wooden bridges and 14 rest stops and service facilities.
The Hatta Mountain Trails are one of various projects being implemented by Dubai Municipality to establish Hatta as a leading tourist destination in the region.
The trails are divided into four colour-coded levels of difficulty: Green – with four tracks for cycling and four for walking; Blue – with six tracks for cycling and three for walking; Red – with eight routes for cycling and six for walking; and finally, Black – with three trails for cycling and four for walking.
.@DMunicipality completes development of the #UAE’s longest mountain trails, which features 21 cycling routes spanning 53 km, 17 walking trails across 33 km, 9 wooden bridges and 14 rest stops and service facilities. #Dubai https://t.co/Hsr2EwOdxs pic.twitter.com/R0Rq386gij
— Dubai Media Office (@DXBMediaOffice) August 22, 2024
During the project’s first phase, Dubai Municipality implemented a comprehensive development plan in a record time of 10 months. This involved the expansion and maintenance of existing hiking and mountain bike trails and stabilising the soil in areas to improve the experience for visitors using the trails.
Comprehensive maintenance was also carried out on all existing bridges, with damaged ones replaced.
The second phase included constructing rest stops and service facilities along trails and other locations and installing 176 signposts and 650 directional signs to help cyclists enjoy a safe and distinctive experience on the Hatta Mountain Trails.
The Hatta Mountain Trails pass through a variety of different terrains and landscapes, including rocky paths, mountainous areas, rugged peaks and valleys, offering panoramic views and the opportunity for outdoor enthusiasts of all abilities to enjoy Hatta’s unique natural beauty.
Announcements
Dubai’s Economy Surges: GDP Hits Dh115 Billion in Q1 2024 with 3.2% Growth
Published
2 months agoon
July 23, 2024By
SudhashreeDubai’s economy has grown 3.2 per cent in the first quarter of the year compared to the same period last year — with the emirate’s gross domestic product (GDP) reaching Dh115 billion.
“Dubai’s ambition is limitless, and its success story will remain a role model for cities wishing to create a promising future for their coming generations,” said Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai.
The goal, he said, is to “sustain success and establish a culture of excellence and leadership” across all sectors in the emirate. The economic growth in the first quarter of the year mirrors the success story of 2023, when the GDP reached approximately Dh429 billion, marking an increase of 3.3 per cent compared to the 2022 figure of approximately Dh415 billion.
In the first quarter of 2024, Dubai's economy grew by 3.2%, increasing the emirate's GDP to AED115 billion. This performance underscores the success of Dubai's strategy to achieve the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum. We remain committed to achieving… pic.twitter.com/NM7HjrN7Pm
— Hamdan bin Mohammed (@HamdanMohammed) July 23, 2024
Numbers show that Dubai is booming across sectors — from transportation and storage to food services and real estate.
Here’s how each sector has grown in the first quarter of the year:
- -Transportation and storage sector: 5.6%, amounting to Dh15.4 billion
- -Financial and insurance activities sector: 5.6%, amounting to Dh15.1 billion
- -Wholesale and retail trade sector: 3%, amounting to Dh26.3 billion (the top GDP contributor at 22.9%)
- -Information and communications sector: 3.9%, amounting to Dh5.1 billion
- -Accommodation and food services activities sector: 3.8%, amounting to Dh4.7 billion
- -Real estate sector: 3.7%, amounting to Dh8.4 billion
- -Utilities and waste management: 7.5%. amounting to Dh3.2 billion
- -Manufacturing sector: 1.6%, Dh8.4 billion
- -Other activities: 0.46% (These include agriculture, mining, construction, professional services and administrative services, among others.)
Sheikh Hamdan said the emirate’s successes highlight the combined efforts and teamwork of various stakeholders to realise the objectives of the emirate’s comprehensive development plans for 2033, especially the Dubai economic Agenda (D33) and Dubai Social Agenda 2033.
“Dubai is progressing in accordance with a clear vision whose foundations were laid down and whose goals were defined by Sheikh Mohammed bin Rashid Al Maktoum,” the Crown Prince said.
“What we witness today is a practical reflection of this vision, which has placed Dubai among the leading economic and commercial centres of the world.”
Announcements
Indian wellness practioner Piush Jain eyes global expansion, announces plans for Dubai
Published
2 months agoon
July 1, 2024Award-winning Indian wellness practioner Dr Piush Jain, renowned for his groundbreaking age reversal therapy using Ayurvedic medicines and herbs, is now eyeing global expansion with Dubai as his first international hub.
Dr Jain, who runs the famous Dr PK Jain Clinics with a legacy of close to hundred years in the Indian city of Lucknow, has helped many reverse aging process, naturally, through a 5000-year-old age reversal Ayurvedic therapy. And now, the leading Ayurveda exponent is ready to spearhead age reversal therapy by taking his line of work to the wider world.
“My line of treatment is a revolutionary step forward in the field of age management and hormonal health and it is something I now want more people from around the world to have greater access to. So there’s no place better than Dubai to start my global operations from. And our plans are to be in business within this quarter pending all necessary approvals from relevant authorities,” Dr Jain said this week during his trip to Dubai where he is meeting officials from various health authorities ahead of his grand launch. “Dubai is home to close to 200 nationalities. So setting up a business means unparalleled opportunities for growth and innovation, thanks to its strategic location, world-class infrastructure, and business-friendly environment and also a gateway to the wider world”
Dr. Jain – a fourth-generation practitioner from a family of holistic wellness therapists who have been tapping the power of traditional Ayurvedic practices for over a 100 years in India – stresses particularly on the use of Amalki Rasayana herbs, that he says, have a positive impact on the pituitary-gonadal axis – a key controller of aging and vitality.
“What sets us apart is our work on the pituitary gland. Often referred to as the ‘master gland,’ it plays a pivotal role in regulating the body’s hormonal balance and, consequently, the ageing process. My groundbreaking treatment taps the power of traditional Ayurvedic medical practices like the age old Amal Ki Rasayan and other herbs to harness the natural functions of the pituitary gland to manage age-related hormonal changes. By stimulating the gland in a way that mimics the body’s own processes, this innovative approach effectively slows down the ageing process without introducing any side effects,” explains Dr Jain who has been lauded with lifetime achievement awards both internationally and in his native India.
Recent studies underline the potential of Ayurvedic treatments to enhance longevity and quality of life. Research published in the Journal of Clinical Medicine published by MDPI (Multidisciplinary Digital Publishing Institute), the Swiss-based publisher of open-access scientific journals and the largest of its kind, emphasises how natural compounds can reduce oxidative stress and inflammation, critical factors behind aging process. A comprehensive study on the effects of Vajikaran Rasayana herbs substantiates their significant influence on hormonal balance and vitality. “The results are stunning – one’s hair start growing again, one’s skin starts glowing just as your other organs including brain, kidney and liver start functioning at an optimum level again thereby making one reverse a lot of usual age-related conditions like diabetes, hypertension, eventually making the patient feel better emotionally, physically and even sexually as part of a holistic wellness therapy,” he says.
Based in Lucknow but now with a firm eye on global expansions starting with Dubai, Dr. Jain’s clinic has scripted many success stories. His patients have reported feeling more energetic, mentally clearer, and looking younger. Not just in India, his work is also gaining attention and popularity across the globe as more and more people look for alternative anti-aging treatments.
For more information about Dr. Piush Jain and his Ayurvedic age reversal therapy, please visit https://www.drpkjain.com/ or contact: India – +919415027773 /+917007467416
UAE – +971545935289