UAE Weekly Business News 02/06/2025
- Jenny Hunt
- 4 days ago
- 6 min read

Welcome to Gateway Group's weekly collation of trade and investment headlines shaping the Abu Dhabi and Dubai economies.
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UAE Weekly Business News: Issue 241 published 02 June 2025.
UAE FREE ZONE NEWS
JLL appointed as exclusive leasing advisor for RAK Central HQ (WAM 02/06/2025)
RAKEZ concludes engagements in China to boost bilateral cooperation (WAM 30/05/2025)
Himatrix Group inaugurates 1st phase of AED33m training centre at Dubai Industrial City (WAM 27/05/2025)
UAE VISA NEWS (inc. employment, Emiratisation, human resources, training and women)
UAE citizens in Japan can extend visa-free stay to 90 days from July 1 (Khaleej Times 02/06/2025)
Can new businessman get golden visa immediately after investing AED2 million in property? (Khaleej Times 01/06/2025)
UAE employees prioritise flexibility and trust as 77% seek new jobs (Arabian Business 29/05/2025)
Pakistan's ban on deportees will ease travel, visa issues for genuine visitors (Khaleej Timesara 27/05/2025)
UAE BUSINESS NEWS
SCA calls finfluencers to obtain official licence (WAM 02/06/2025)
Daman’s services expand into the property, casualty insurance market (WAM 02/06/2025)
Al Seer Marine, B International Shipping & Logistics launch JV 'ASBI Shipping FZCO' (WAM 02/06/2025)
Emirates to reintroduce Damascus services from 16th July (WAM 02/06/2025)
Eid Al Adha: Gold retailers see rise in sales of pieces under AED5,000 (Khaleej Times 02/06/2025)
Dubai real estate sector sets record $18.2b sales in single month (Arabian Business 02/06/2025)
UAE burger brand Pickl announces new Abu Dhabi branch (Arabian Business 02/06/2025)
World Police Summit 2025 draws 54,000 participants (WAM 01/06/2025)
Nearly 50% of UAE consumers feel AI not meeting customer service expectations (Khaleej Times 01/06/2025)
Dubai real estate sector recorded $6.25bn of transactions last week (Arabian Business 01/06/2025)
(WAM 31/05/2025)
ADQCC, DoH to launch ‘Nutri-Mark' initiative in Q4 2025 (WAM 30/05/2025)
Cyber Security Council, DoH boost cyber resilience in healthcare (WAM 30/05/2025)
DoE launches second phase of demand response pilot project in collaboration with ‘Energy Pool’ (WAM 30/05/2025)
UAE airports set global benchmark in digital efficiency (WAM 30/05/2025)
Inaugural M&I Expo to take place in Abu Dhabi in 2026 (Abu Dhabi Media Office 30/05/2025)
Seed Group, Tumodo to advance UAE business travel management (Arabian Business 30/05/2025)
Practo healthcare platform launches instant online access services in UAE (Arabian Business 30/05/2025)
EMSTEEL, Magsort to produce decarbonised cement (WAM 29/05/2025)
DWTC announces June events calendar (WAM 29/05/2025)
Eid Al-Adha holiday announced for private sector (WAM 29/05/2025)
DoE, Global Climate Finance Centre sign MoU on energy, water efficiency, climate finance (WAM 29/05/2025)
TAQA, Abu Dhabi Airports sign MoU to enhance energy, water infrastructure management (WAM 29/05/2025)
Abu Dhabi's data centre industry investments to exceed AED37b (WAM 29/05/2025)
Gridora to develop $9.6b Abu Dhabi infrastructure projects (Arabian Business 29/05/2025)
UAE announces new media law with MAJOR changes for digital content sector (Arabian Business 29/05/2025)
Burjeel launches medical centre on Saadiyat Island (WAM 28/05/2025)
DAE to sell approximately 75 aircraft (WAM 28/05/2025)
DXB tops 'Air Connectivity Ranking' in Asia-Pacific & Middle East (WAM 28/05/2025)
Abu Dhabi Civil Defence Authority unveils world’s first jet-powered unmanned firefighting aircraft (WAM 28/05/2025)
flydubai strengthens presence in Europe with four new destinations (WAM 28/05/2025)
UAE launches first ‘Finfluencer’ licence to regulate digital finance content (Arabian Business 28/05/2025)
DoE, Presight, AIQ to enhance AI solutions, digital transformation (WAM 27/05/2025)
TAQA Distribution, EMSTEEL to explore utilities framework, solutions for Abu Dhabi’s future-ready industrial sector (WAM 27/05/2025)
ADNOC Drilling secures $1.15b, 15-year contract for two jack-up rigs (WAM 27/05/2025)
UAE ranks first in telecom infrastructure, digital government framework, digital content (WAM 27/05/2025)
Enercap launches UAE-made advanced batteries, eyes European markets (WAM 27/05/2025)
UAE takes legal action against 30 domestic worker recruitment rulebreakers (Arabian Business 27/05/2025)
Does an accident on commute in the UAE count as a workplace injury for insurance? (Arabian Business 27/05/2025)
Emirates Post, Aramex to boost logistics coverage across UAE (Arabian Business 27/05/2025)
Middle East office fit-out costs rise as competition for labour intensifies (Arabian Business 27/05/2025)
MT Group has launches Phase 2 of its supply chain expansion in Abu Dhabi (Abu Dhabi Media Office 26/05/2025)
UAE FINANCE AND ECONOMY NEWS
DAE signs US$300m 3-year unsecured term loan (WAM 02/06/2025)
CBUAE imposes financial sanction on exchange house (WAM 02/06/2025)
ADNOC Gas joins MSCI Emerging Market Index (WAM 02/06/2025)
DoF launches 2026 Budget Cycle to enhance financial sustainability (Abu Dhabi Media Office 02/06/2025)
UAE economic outlook remains bullish despite global volatility (Khaleej Times 02/06/2025)
UAE fines exchange house $953,000 over rule violations (Arabian Business 02/06/2025)
UAE banks spur GCC profit surge with $639.6m Q1 2025 growth (Khaleej Times 01/06/2025)
UAE stock exchange benchmarks extend winning streak in May (Khaleej Times 01/06/2025)
CBUAE imposes financial sanction of AED100m on exchange house (WAM 29/05/2025)
Sharjah Islamic Bank successfully prices $500m perpetual sukuk (WAM 29/05/2025)
UAE leads MENA M&A boom with 63 deals in Q1 2025 (WAM 28/05/2025)
Arthur D. Little survey of 24 UAE banks highlights omnichannel banking trends, opportunities (WAM 28/05/2025)
Comera Finance secures NBFC licence from CBUAE (Khaleej Times 28/05/2025)
72% survey respondents prefer mobile banking apps (Khaleej Times 28/05/2025)
Firms urged to start preparing for 2026 e-invoicing rollout (Khaleej Times 28/05/2025)
Abu Dhabi GDP expected to expand at 2.5% this year (Khaleej Times 27/05/2025)
‘Agentic AI’ takes over credit sanctions role as UAE banks make major strides in digital banking (Arabian Business 27/05/2025)
MERGER & AQUISITION NEWS
Mubadala, TAQA complete purchase of power plant in Uzbekistan (WAM 29/05/2025)
TAQA keen on ‘key’ US market as it explores acquisition opportunities (Arabian Business 28/05/2025)
GULFNAV acquires Brooge Energy in AED3.2b deal (Arabian Business 28/05/2025)
UAE BILATERAL TRADE NEWS
Thai investments in Dubai reach $626m over five years (WAM 02/06/2025)
PCFC, Government of Ghana sign MoU to establish economic zone, digital incubator in Accra (WAM 02/06/2025)
Dubai International Chamber launches 36th international representative office in Bangkok (WAM 01/06/2025)
UAE and Serbia eye $351m trade relations as CEPA deal launches (Arabian Business 01/06/2025)
UAE, Lebanese Presidents discuss bilateral cooperation (WAM 31/05/2025)
Theyab bin Mohamed bin Zayed Receives Minister of Transport of Qatar (Abu Dhabi Media Office 31/05/2025)
Dubai Chamber of Commerce sees 216 new Filipino companies added in Q1 2025 (Arabian Business 31/05/2025)
UAE, Sweden discuss strengthening cooperation (WAM 30/05/2025)
UAE, Malaysia’s Perak State Development Corporation sign MoU to facilitate investments in food security (WAM 30/05/2025)
UAE supplies 45.5% of Japan’s oil imports in April (WAM 30/05/2025)
UAE, France explore cooperation in hydrogen, nuclear energy (WAM 29/05/2025)
Gridora, Abu Dhabi Projects and Infrastructure Centre to deliver transport infrastructure projects worth AED35b (WAM 29/05/2025)
Sobha Realty eyes 3 Texas cities for major US expansion (Arabian Business 28/05/2025)
UAE President, Lebanese Prime Minister discuss bilateral relations (WAM 27/05/2025)
Abdullah bin Zayed, Austria's Foreign Minister discuss strategic bilateral relations (WAM 27/05/2025)
Dubai Chambers organises Dubai–Madagascar Business Forum (WAM 27/05/2025)
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Written by Jenny Hunt
Founder, Gateway Group, Abu Dhabi and Dubai, United Arab Emirates
FORBES' Top 100 Most Influential Women in the Middle East
