UAE Weekly Business News 24/12/23

JAFZA, Transworld Group to establish state-of-the-art logistics centre (WAM 20/12/2023)

ADGM launches online dispute resolution platform (WAM 20/12/2023)

EHang expands in UAE with strategic partnership and sales agreement with Wings Logistics Hub (WAM 19/12/2023)

DFSA, HKMA join efforts to accelerate sustainable finance across Middle East and Asia (WAM 19/12/2023)

DIFC Innovation Hub concludes 'Investor Day' with over $600m in funding (WAM 19/12/2023)

Kings Aluminium commences construction of AED750m facility in KEZAD (WAM 18/12/2023)

Hamdan bin Mohammed approves AED152m in performance-based bonuses to civilian employees of Dubai Government entities (WAM 24/12/2023)

Resilient labour markets drive 3.8% growth in remittances (The National 23/12/2023)

Government Skills Bank registers 3,324 federal employees by H1 2023 (WAM 21/12/2023)

MoHRE suspends licences of 153 employers whose domestic workers caught working for others (WAM 21/12/2023)

MoHRE declares 1st January 2024 as New Year holiday for private sector employees (WAM 21/12/2023)

UAE continues to champion balanced rights for workers and employers (WAM 20/12/2023)

UAE salaries to increase in 2024: Report (Arabian Business 20/12/2023)

UAE private tuition permit: How to apply and what is the cost? (The National 19/12/2023)

Dubai busts illegal immigration gang (Arabian Business 19/12/2023)

74% of employees see AI as biggest workplace opportunity in UAE (Arabian Business 19/12/2023)

MoE, MoHRE regulate private lessons outside educational institutions with new permit introduced (WAM 18/12/2023)

MoHRE calls on private sector to meet 2023 Emiratisation targets before 31 December to avoid financial contributions (WAM 18/12/2023)

MoHRE to begin resolving below-AED50,000 disputes with final executive decisions 1st January 2024 (WAM 18/12/2023)

New work permit to allow UAE teachers to offer private tuition (The National 18/12/2023)

Hamriyah and Deira ports report AED12.1b in customs declaration value for Q3 2023 (WAM 24/12/2023)

Ministry of Economy organises final forum on UAE’s Economic Policy Alignment Project in cooperation with OECD (WAM 24/12/2023)

NYU Abu Dhabi study providing insights into health and risk factors for UAE Nationals (Abu Dhabi Media Office 24/12/2023)

UAE property prices are forecast to rise further next year (The National 24/12/2023)

Dubai property owners increasingly opting for flipping as prices hit all-time high (Khaleej Times 24/12/2023)

Surging prices, first-time buyers: 11 trends shaping Dubai's property market (Khaleej Times 24/12/2023)

How tech is easing check-in procedures at DXB (Khaleej Times 24/12/2023)

Mohammed bin Rashid issues Decree regulating farms in Dubai (WAM 22/12/2023)

TAQA, GS Inima, EWEC announce financial closing of AED1.6b Shuweihat 4 sea water desalination project (WAM 22/12/2023)

MBZUAI, United Al-Saqer Group sign research agreement to advance AI in healthcare (WAM 22/12/2023)

UAE ranks first among Arab economies in competitiveness (WAM 22/12/2023)

Dubai government marks January 1 as official New Year holiday (WAM 22/12/2023)

Ministry of Economy reviews cabinet resolution on organisation of real beneficiary procedures (WAM 22/12/2023)

Wizz Air Abu Dhabi carries 3m passengers in 2023 (Abu Dhabi Media Office 22/12/2023)

Salik and Emaar to develop parking system at Dubai Mall (The National 22/12/2023)

$4.5b Dubai real estate transactions this week (Arabian Business 22/12/2023)

UAE branded residences take off as global high net-worth individuals relocate (Arabian Business 22/12/2023)

1 Billion Followers Summit unveils second lineup of content creators with a combined reach of more than 160 million followers (WAM 21/12/2023)

PCFC reserves best of Dubai for cruise ship passengers and crews while ensuring top-notch safety (WAM 21/12/2023)

Rashed Al Kaabi and British Minister for Armed Forces discuss strengthening relations (WAM 21/12/2023)

UAE achieves robust performance in real estate, tourism, and aviation sectors despite global challenges: CBUAE (WAM 21/12/2023)

Media, a key driver of UAE's development across all fields: Saqr Ghobash (WAM 21/12/2023)

Travel and Tourism International Conference to kick-off in Dubai on 11 January (WAM 21/12/2023)

EWEC expands advanced energy modelling and forecasting capacity with Energy Exemplar (WAM 21/12/2023)

Dubai real estate market recorded 50% jump in sales performance in 2023 (Khaleej Times 21/12/2023)

UAE thriving real estate and hospitality boost economy amid $136b Dubai property sales and $122.5b tourism target (Arabian Business 21/12/2023)

Dubai unveils plan to shift delivery drivers to electric bikes (Arabian Business 21/12/2023)

Rotana sets sights on international expansion with 29,000 keys by 2030 (Arabian Business 21/12/2023)

UAE mega projects: 34 upcoming developments (Arabian Business 21/12/2023)

Crypto industry: Pro-business policies, surging adoption draw more global players to UAE (Arabian Business 21/12/2023)

Khalifa University ranks 1st in UAE in 'QS World University Rankings: Sustainability 2024' (WAM 20/12/2023)

DEWA and Microsoft explore enhancing cooperation (WAM 20/12/2023)

Abu Dhabi Chamber of Commerce and Industry launches Abu Dhabi International Arbitration Centre (WAM 20/12/2023)

Dubai Health Authority announces first successful liver transplant surgery in emirate (WAM 20/12/2023)

WRC-23 wraps up in Dubai (WAM 20/12/2023)

Space42 set to become AI-powered space technology champion in MENA region (WAM 20/12/2023)

ADNOC signs first long-term LNG Heads of Agreement from Ruwais low-carbon LNG project (WAM 20/12/2023)

‘Arab Region SDG Index and Dashboards Report 2023’ unveiled (WAM 20/12/2023)

Dubai Municipality launches Future Foresight Plan (WAM 20/12/2023)

Aramex teams up with Regent for seaglider deal (The National 20/12/2023)

Dubai proptech Huspy announces record $270m in mortgages processed in November 2023 (Arabian Business 20/12/2023)

UAE 2023: A year in review (Arabian Business 20/12/2023)

UAE SME incubator cooking up next-gen food businesses (Arabian Business 20/12/2023)

Cleveland Clinic Abu Dhabi completes 50 successful deep brain stimulation implants for Parkinson’s treatment (WAM 19/12/2023)

ATM establishes official partnership with ICCA and GBTA as global business travel spending set to reach US$1.8t by 2027 (WAM 19/12/2023)

UAE President issues Federal Decree-Law establishing UAE Accountability Authority (WAM 19/12/2023)

Etihad Airways and China Eastern Airlines strengthen strategic cooperation (WAM 19/12/2023)

UAE media sector: Exceptional gains, global Influence in 2023 (WAM 19/12/2023)

Ministry of Energy and Infrastructure and partners launch first EARTH Platform initiative (WAM 19/12/2023)

ENEC announces completion of Unit 4 of Barakah Nuclear Energy Plant (WAM 19/12/2023)

English Notary Services Bureau completes 140 transactions in first month (WAM 19/12/2023)

Aldar partners with Yellow Door Energy to provide 34 megawatts of solar power to properties (WAM 19/12/2023)

Abdullah bin Zayed commends sustainable partnership between UAE and G20 (WAM 18/12/2023)

BEEAH announces commitment to achieving net-zero emissions by 2040 (WAM 18/12/2023)

Zayed bin Hamdan bin Zayed approves media sector priorities for next three years (WAM 18/12/2023)

Arab Health Congress announces partnership with DHA (WAM 18/12/2023)

UAE Government issues federal decree on regulating media, covering electronic, digital media activities in the country (WAM 18/12/2023)

UAE telecoms: 22m mobile subscribers, 97% 5G coverage, 3.8m broadband subscribers (Arabian Business 18/12/2023)

Etihad announces Maldives transport boost, offers flights to 16 new island destinations (Arabian Business 18/12/2023)

Gaming industry is ‘tool for economic growth,’ says expert ahead of Dubai Gaming Countdown conference (Arabian Business 18/12/2023)

UAE Bankruptcy Law: New rules hold managers, directors more accountable (Arabian Business 18/12/2023)

UAE issues guide to determine corporate tax liability for individuals (The National 24/12/2023)

UAE financial markets undergoing remarkable sustainability-driven transformation, says LSEG's Nadim Najjar (WAM 22/12/2023)

ADDED unveils platform to enhance manufacturers’ access to financing (WAM 22/12/2023)

UAE banking sector sees AED265.6b in savings deposits until October 2023 (WAM 21/12/2023)

44 large direct deals on IHC worth AED4.458b at ADX Thursday (WAM 21/12/2023)

Gross written premiums increased to AED42b end of Q3 2023: CBUAE (WAM 21/12/2023)

Buna Boom: Network reaches 105 banks, boosting regional payments (WAM 21/12/2023)

CBUAE raises its growth projections for national economy in 2024 to 5.7% (WAM 21/12/2023)

Tabby secures $700m debt financing from JP Morgan (The National 21/12/2023)

PureHealth Holding's share price soars 76% on first day of trading on ADX (WAM 20/12/2023)

Central Bank reports 10% growth in cash deposits to AED687.2b by end of October (WAM 20/12/2023)

ADIB, Aldar Properties close AED1b sustainability linked financing deal (WAM 20/12/2023)

CBUAE issues UAE Islamic Finance Report 2023 (WAM 20/12/2023)

UAE, Saudi to lead GCC non-oil GDP growth: IMF (Khaleej Times 20/12/2023)

ADX witnesses two direct deals on Alpha Dhabi worth about AED3.6b (WAM 19/12/2023)

GCC countries' gross foreign assets will swell to $4.4t by next year, IIF says (The National 19/12/2023)

Astra Tech teams up with Tencent to introduce remittances to China (The National 19/12/2023)

UAE tech startup funding slumps 65% this year (Arabian Business 19/12/2023)

Emirates Stallions Group acquires majority stake in United International Group (WAM 22/12/2023)

Dragon Oil discusses 2024 plans, expansion and acquisition opportunities (WAM 20/12/2023)

Nio’s shares gain on $2.2b investment from Abu Dhabi-backed company (The National 20/12/2023)

Bayanat, Yahsat boards recommend merger to create an AI-powered space technology (WAM 19/12/2023)

Abu Dhabi’s CYVN to invest $2.2b in Chinese EV maker Nio (The National 19/12/2023)

BlackRock to invest up to $400m in UAE's Positive Zero (The National 18/12/2023)

UAE, Mauritius conclude Comprehensive Economic Partnership Agreement (WAM 22/12/2023)

UAE President discusses bilateral relations with Indonesian President in phone call (WAM 21/12/2023)

UAE Foreign Minister, Portuguese counterpart discuss bilateral ties (WAM 21/12/2023)

Al Marar leads UAE delegation in Arab-Russian Cooperation Forum in Marrakech (WAM 20/12/2023)

Abdullah bin Zayed, New Zealand's Deputy Prime Minister and Foreign Minister review ties (WAM 20/12/2023)

UAE Ambassador meets with Speaker of Jordanian Senate; discusses bilateral relations, cooperation (WAM 19/12/2023)

UAE, Austria hold joint economic committee meeting to strengthen cooperation (WAM 19/12/2023)

Mubadala Energy announces major gas discovery in South Andaman, Indonesia (WAM 19/12/2023)

AIM Congress 2024 concludes its promotional tour in China (WAM 18/12/2023)

MoEI advances collaboration in water with Korea’s Ministry of Environment (WAM 18/12/2023)