UAE Weekly Business News 03/07/23

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UAE Weekly Business News, Issue 143. 3rd July 2023.
UAE free zones news
UAE employment, visa and Emiratisation news
UAE: Will automation replace jobs or help employees gain new skills? (Khaleej Times 03/07/2023)
‘Do I need my employer’s permission to start a side hustle?’ (The National 02/07/2023)
UAE companies have 5 days to hire Emiratis or face $11,400 fine (Arabian Business 02/07/2023)
Who is eligible for UAE's five-year multiple-entry tourist visa? (The National 29/06/2023)
UAE ranks first in Mena and second globally for workforce business skills (The National 28/06/2023)
Middle East workers keen to embrace AI in the workplace (Arabian Business 27/06/2023)
Five million sign up for UAE's unemployment insurance scheme (The National 26/06/2023)
Top-performing UAE pupils and students win golden visas (The National 26/06/2023)
Abu Dhabi and Dubai trade, economy and investment news
Adnoc Gas awards nearly AED5b contract for new pipeline to Northern Emirates (Khaleej Times 03/07/2023)
UAE economy poised for stronger growth in H2-23 (WAM 02/07/2023)
RTA awards contract for Garn Al Sabkha – Sheikh Mohamed Bin Zayed Roads Intersection (WAM 02/07/2023)
DEWA’s R&D Centre develops SPACE-D IoT gateway equipped with advanced technologies (Government of Dubai Media Office 02/07/2023)
UAE-backed biotech company trials drug designed by AI (The National 02/07/2023)
Dubai to Sharjah travel time to be slashed to just 12 minutes amid $102m road project (Arabian Business 02/07/2023)
UAE Islamic New Year 2023: Dates for 3-day weekend this month (Arabian Business 02/07/2023)
Dubai desert safari named best bucket list activity in the world at 2023 Tripadvisor awards (Arabian Business 29/06/2023)
UAE President receives Rulers of Emirates, Crown Princes on Eid Al Adha (Abu Dhabi Media Office 28/06/2023)
S&P upgrades Emaar Properties amid strong Dubai housing market (The National 28/06/2023)
Dubai real estate posts semi-annual sales record (Khaleej Times 27/06/2023)
UAE announces major sport strategy, eyes Olympic success (Arabian Business 27/06/2023)
Dubai Refreshments sells Al Quoz plot to Al Futtaim for $68.6m (Arabian Business 27/06/2023)
Abu Dhabi's non-oil economy value grows to 9-year high in Q1 2023 (WAM 26/06/2023)
etisalat by e& launches GoChat GPT Chatbot, celebrating GoChat's record of 5m downloads (WAM 26/06/2023)
Al Ain Distribution Company's retrofitting project saves 1.8m cubic metres of water in mosques (WAM 26/06/2023)
Tadweer and Municipal Community Centre launch 'My Sustainable City' initiative (WAM 26/06/2023)
Environment Agency – Abu Dhabi initiative to accelerate climate research solutions (Abu Dhabi Media Office 26/06/2023)
How Mena countries can develop large and viable hydrogen industries (The National 26/06/2023)
UAE economic outlook is 'positive', supported by strong domestic activity, IMF says (The National 26/06/2023)
A guide to Abu Dhabi's 11 top ranked private schools (The National 26/06/2023)
Saudi German Women and Children Specialty Hospital unveils state-of-the-art healthcare facility (Khaleej Times 26/06/2023)
Dubai continues to lure Indian investors (Khaleej Times 26/06/2023)
UAE Financial News
UAE corporate tax: Why housekeeping and material upkeep are essential (The National 03/07/2023)
Islamic Coin to drive major Shariah-compliant NFT expansion (Arabian Business 03/07/2023)
Dubai Financial Market adds 26,953 new investor accounts in first half of 2023 (WAM 01/07/2023)
UAE IPO boom to continue amid foreign investment and competitiveness push (The National 30/06/2023)
For the UAE’s foreign workers, crypto remittances could be a bridge to financial stability (Khaleej Times 27/06/2023)
UAE stocks gain AED220b in market value in H1 2023 (WAM 26/06/2023)
National banks provide AED40.6b in financing to commercial, industrial sectors over 12 months (WAM 26/06/2023)
UAE stocks attracted AED5.6b of institutional investments since start of 2023 (WAM 26/06/2023)
Booming Abu Dhabi economy at 9-year high, GDP hits $75.3b in Q1 (Arabian Business 26/06/2023)
UAE Mergers & Acquisitions news
AD Ports Group completes landmark Noatum acquisition (WAM 02/07/2023)
UAE bilateral trade news
France, UAE committed to accelerating shift towards clean energy, says French Trade Minister (WAM 30/06/2023)
UAE-Armenia relations are witnessing a new historical era (WAM 30/06/2023)
President of UAE receives call from Bill Gates (WAM 29/06/2023)
Head of Cyber Security leads a UAE delegation to Cyber Week in Tel Aviv (WAM 29/06/2023)
UAE Ambassador visits Dubai Ports facilities in Callao Port, meets Peruvian Minister of Transport and Communications (WAM 27/06/2023)
UAE President and Russian President discuss bilateral relations, regional and international developments (WAM 27/06/2023)
Canada's investment in the UAE triples to $6.8b since pandemic as ties deepen (The National 27/06/2023)
UAE satellite blasts into space on Russian rocket (The National 27/06/2023)
Abu Dhabi Institutions to attend Europe's largest Asset & Wealth Management Conference (WAM 26/06/2023)
ADNOC Distribution signs lubricants agreement with HPCL of India (WAM 26/06/2023)
UAE Ambassador attends Hungarian President's meeting with Arab Ambassadors’ Council (WAM 26/06/2023)
Leading up to COP28 in the UAE (30th November - 12th December 2023)
COP28 will act as leading platform to promote climate justice worldwide: Jusoor International President (WAM 02/07/2023)
UAE President and Bill Gates discuss Cop28 and climate change (The National 30/06/2023)
COP28 President-Designate calls for holistic ecosystem to drive climate action during London Climate Action (WAM 29/06/2023)
UAE a role model for making economic activity climate-friendly: Secretary-General of World Meteorological Organisation (WAM 27/06/2023)
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Written by Jenny Hunt
Founder, Gateway Group, Abu Dhabi & Dubai, United Arab Emirates
FORBES' Top 100 Most Influential Women in the Middle East