UAE Weekly Business News 14/08/23

Smart Salem to expand UAE residence visa processing services in DIFC (WAM 10/08/2023)

DFSA publishes report on cyber simulation exercise (WAM 10/08/2023)

DIFC issues first-of-its-kind adequacy decision regarding the California Consumer Privacy Act (WAM 09/08/2023)

DFSA, Financial Intelligence Unit sign MoU to strengthen collaborative action against financial crime (WAM 08/08/2023)

Jafza to house Neweast's new AED500m automotive parts distribution hub (WAM 07/08/2023)

UAE ranks first in employment of Indians (WAM 13/08/2023)

‘How many days of annual leave is my housemaid entitled to?’ (The Natonal 13/08/2023)

UAE Golden Visa: Do engineers need a salary of AED30,000 to be eligible? (Khaleej Times 13/08/2023)

Emirates Foundation announces H1 2023 results of its ‘DAWAMEE’ programme (WAM 10/08/2023)

Abu Dhabi revokes lawyer's licence over criminal convictions (The National 10/08/2023)

AED2.3m recovered from 107 Nafis’ beneficiaries for accepting fake Emiratisation jobs (WAM 09/08/2023)

Emirates cabin crew numbers cross 20,000 and counting (WAM 09/08/2023)

UAE Government approves federal decrees on regulations of healthcare professions (WAM 08/08/2023)

Gender balance a long-standing priority for UAE, Manal bint Mohammed tells G20 ministerial conference (WAM 07/08/2023)

UAE Press: Abu Dhabi's tourism boost is working (WAM 14/08/2023)

DEWA selects preferred bidder for 1,800MW sixth phase of the Mohammed bin Rashid Al Maktoum Solar Plant (WAM 13/08/2023)

How sustainability is revolutionising the UAE’s real estate sector (Khaleej Times 13/08/2023)

DCT Abu Dhabi revises tourism and municipality fees in hotels (WAM 12/08/2023)

Dubai Suburban Police Points process over 3,488 smart transactions in H1 2023 (WAM 12/08/2023)

$2.6b real estate transactions, with Palm Deira and World Island sales (Arabian Business 12/08/2023)

Youth are an essential pillar for building a sustainable future: DoE Chairman (WAM 11/08/2023)

Dubai records AED 9.7b in weekly real estate transactions (WAM 11/08/2023)

42 Abu Dhabi School opens applications for new students to unlock their coding potential (WAM 11/08/2023)

PureHealth expands services by integrating National Rehabilitation Center into healthcare network (Abu Dhabi Media Office11/08/2023)

du to triple data speed in UAE with adoption of new technology (Arabian Business 11/08/2023)

Dubai rents jump over 20% in 2023 (Arabian Business 11/08/2023)

Dubai Chamber of Commerce explores opportunities and challenges of nurseries (WAM 10/08/2023)

UAE’s economy to continue its robust performance in 2023: OPEC monthly report (WAM 10/08/2023)

VARA, DET to jointly establish best-in-class market assurance standards for virtual assets (WAM 10/08/2023)

DCT Abu Dhabi, Air France-KLM partner to expand Europe-Abu Dhabi connectivity (WAM 10/08/2023)

du achieves major milestone in next-generation 5G technology implementation (WAM 10/08/2023)

Fitch reaffirms ECI’s ratings at 'AA-' with stable outlook for fifth consecutive year (WAM 10/08/2023)

TDRA issues report titled ‘Digital UAE Factsheet’ (WAM 10/08/2023)

Al Quoz Creative Entrepreneurship Forum to take place in November (WAM 10/08/2023)

DM’s parks, facilities witness record-breaking total of over 15m visitors in H1 2023 (WAM 10/08/2023)

Abu Dhabi stem cell therapy aims to treat the root of hair loss (The National 10/08/2023)

99% of population are active internet users, highest globally (Khaleej Times 10/08/2023)

Dubai set to record busiest year for residential sector (Khaleej Times 10/08/2023)

New fashion show coming to Dubai, aims to create ‘hub of style’ (Arabian Business 10/08/2023)

Dubai Chamber of Digital Economy attracts 69 emerging tech companies in H1 2023 (WAM 09/08/2023)

ADNOC Gas awards $3.6b contract to expand its gas processing infrastructure (WAM 09/08/2023)

Dubai Taxi sector posts record 10% growth rate in trips for H1 2023 (WAM 09/08/2023)

Etihad Airways ramps up winter schedule with new destinations, increased frequencies (WAM 09/08/2023)

Abu Dhabi recognised as Middle East’s leading destination for MICE events (WAM 09/08/2023)

Black Cobra and NFFSP ink MoU to design and manufacture military footwear (WAM 09/08/2023)

Mubadala Energy's 2022 Sustainability Report signals focus on decarbonisation initiatives (WAM 09/08/2023)

UAE Public Prosecution organises Global Summit for Metaverse Governance and Emerging Technology (WAM 09/08/2023)

Dubai's non-oil economy strengthened on robust output expansion and new business (The National 09/08/2023)

6 benefits of buying property in Dubai (Khaleej Times 09/08/2023)

Abu Dhabi villa prices rise 6% but still lower than 2014 market peak (Arabian Business 09/08/2023)

Dubai luxury property market breaks another record as units sold skyrockets (Arabian Business 09/08/2023)

DoE launches building safety inspections for liquefied petroleum gas systems (WAM 08/08/2023)

Borouge, Borealis new sustainable automotive products made from up to 70% recycled materials (WAM 08/08/2023)

DXB LIVE marks 20% business growth in H1 2023 (WAM 08/08/2023)

ADNEC Services, Kenes Group partner to launch specialised conferences in Abu Dhabi (WAM 08/08/2023)

Dubai International Chamber attracts six multinationals and 50 SMEs during H1 2023 (WAM 08/08/2023)

15th Abu Dhabi Art to showcase 92 galleries from 30+ countries (WAM 08/08/2023)

Abu Dhabi City Municipality implores demolition firms to ensure safety at their sites (WAM 08/08/2023)

Emirates Schools Establishment joins National ICV programme (WAM 08/08/2023)

Why a second passport can be beneficial for UAE entrepreneurs (The National 08/08/2023)

Adnoc Drilling on track to exceed 2022 earnings as it plans GCC expansion (The National 08/08/2023)

MoCCAE signs MoU to create national system for carbon credits using blockchain (WAM 07/08/2023)

Dubai Taxi Corporation launches digital transformation strategic plan 2022-2025 (WAM 07/08/2023)

Abu Dhabi Public Health Centre launches 'Maternal and Child Health' programme (WAM 07/08/2023)

95% of federal court cases in Q1 2023 conducted remotely (WAM 07/08/2023)

Abu Dhabi to host 2nd WorldSkills Asia competition in November (WAM 07/08/2023)

UAE corporate tax: Will the one-size-fits-all approach work? (The National 14/08/2023)

Presight AI’s second-quarter profit rises 4.5% on higher revenue (The National 12/08/2023)

ADX’s profits total AED43b in one week, H1 results continue momentum (WAM 11/08/2023)

Air Arabia reports record Q2 net profit of AED459m, up 187% (WAM 11/08/2023)

ADNIC reports net profit of AED204.4m in H1 2023 (WAM 11/08/2023)

Dubai's robust growth sees toll revenue at all-time high in Q2 2023 (Government of Dubai Media Office 11/08/2023)

Dubai's Shuaa seeks to double assets to $10b in next five years (The National 11/08/2023)

CBUAE imposes financial sanction on exchange house operating in the UAE (WAM 10/08/2023)

DEWA reports revenue of AED12.7b in H1 2023 (WAM 10/08/2023)

ADIB achieves strong growth with over £100m in UK Commercial Real Estate financing in H1 2023 (WAM 10/08/2023)

Shuaa swings to first-half profit on revenue boost (The National 10/08/2023)

Lulu to raise AED10b ahead of IPO in 2024 (Khaleej Times10/08/2023)

Exchange house fined AED4.8m for violating anti-money laundering laws (Khaleej Times10/08/2023)

Dana Gas reports AED304m net profit in H1 2023 (WAM 09/08/2023)

Aramex reports resilient performance in H1 2023, despite challenging market conditions (WAM 09/08/2023)

Amanat records H1 2023 profit of AED96m up 52% YoY (WAM 09/08/2023)

CBUAE revokes licence of Dirham Exchange and registration of RMB Commercial Brokers Co (WAM 09/08/2023)

GCC sovereign wealth funds' assets under management grow to $4t (The National 09/08/2023)

Dubai's GDP grows 2.8% in Q1 2023 to reach AED111.3b (WAM 08/08/2023)

Yahsat reports revenue of AED753 million in H1 2023 (WAM 08/08/2023)

Eshraq Investments announces AED35.99m profit for Q2 2023 (WAM 08/08/2023)

Multiply Group buys LVL Technology stake (WAM 12/08/2023)

Mohamed Al Hussaini meets with Iranian Ambassador (WAM 13/08/2023)

UAE President and Iraqi PM discuss bilateral ties during phone call (WAM 12/08/2023)

EDGE signs strategic agreement with Brazilian Aero Engine Developer, Turbomachine (WAM 11/08/2023)

Kazakhstan keen to bolster joint investments with UAE: Kazakh Minister of Culture and Sports (WAM 11/08/2023)

UAE explores partnerships with international institutions through meeting series in Washington (WAM 10/08/2023)

Global Media Congress is good opportunity for Japanese media (WAM 10/08/2023)

ENOC Group, ALSAYER partner to expand lubricants offering in Kuwait (WAM 10/08/2023)

Abdullah bin Zayed, Armenian counterpart discuss bilateral relations (WAM 10/08/2023)

ADFD finances AED387m project to enhance energy security in Tanzania (WAM 09/08/2023)

UAE President receives written message from King of Morocco discussing bilateral ties (WAM 07/08/2023)

National Media Office holds a media briefing to introduce the latest preparations for COP28 news (WAM 13/08/2023)

COP28, Coursera partner to expand access to climate literacy education for global youth (WAM 11/08/2023)

COP28 President-Designate visits Barbados, meets with Prime Minister, leaders of Caribbean Community to keep focus on reforming climate finance (WAM 11/08/2023)

UAE worthy of hosting COP28 building on organisational expertise, energy transition achievements (WAM 10/08/2023)

COP28 President-Designate stands with Brazil's President in call for protecting and investing in nature to deliver ambitious, just and equitable climate progress (WAM 09/08/2023)

Minister of Climate Change announces study to help improve air quality (The National 08/08/2023)