UAE Weekly Business News 16/06/2025

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UAE Weekly Business News: Issue 243 published 16 June 2025.

UAE FREE ZONE NEWS

Bitcoin.com joins DMCC Crypto Centre (WAM 16/06/2025)

IMCD opens new offices, technical centres in Dubai Science Park (WAM 16/06/2025)

FUJIFILM doubles down on its Middle East presence with launch of new offices at Expo City Dubai (WAM 11/06/2025)

KEZAD Group announces development of KEZAD Business District (WAM 11/06/2025)

RAKEZ to showcase UAE business opportunities at Egypt’s premier construction expo (WAM 10/06/2025)

ADGM FSRA implements amendments to its digital asset regulatory framework (WAM 10/06/2025)

SRTIP Board unveils strategy to build on phenomenal growth (WAM 09/06/2025)

UAE VISA NEWS (inc. employment, Emiratisation, human resources, training and women)

GPSSA to exempt small private employers from pension penalties (WAM 16/06/2025)

GCC tourist visa approved, to be rolled out 'soon', says top official (Khaleej Times 16/06/2025)

DGHR to implement ‘Our Flexible Summer’ initiative across all Dubai Government entities (WAM 15/06/2025)

Dubai to train 10,000 workers in AI by 2030 (Arabian Business 13/06/2025)

MoHRE renews call to private sector companies to meet semi-annual Emiratisation targets by end of June (WAM 12/06/2025)

EHRDC, CDA sign MoU to enhance employment opportunities for Emiratis in Dubai (WAM 12/06/2025)

UAE residents to get visa-free entry to Armenia from July 1 (Khaleej Times 11/06/2025)

UAE workers want higher pay as 80% consider job switch (Arabian Business 11/06/2025)

 (WAM 10/06/2025)

Golden Visas, contests: How Dubai attracted over 350 gaming firms (Khaleej Times 09/06/2025)

UAE BUSINESS NEWS

UAE President, Mohammed bin Rashid discuss efforts to advance national development, prosperity driven by national economy (WAM 16/06/2025)

Dubai SME facilitates AED1.29b in contracts to SME Emirati Supplier Programme members in 2024 (WAM 16/06/2025)

Nakheel awards contracts for Palm Jebel Ali infrastructure worth AED750m (WAM 16/06/2025)

International Trademark Association opens regional office in Dubai (WAM 16/06/2025)

Integration of solar into two cooling plants serving Ministry of Defence facilities, completed (WAM 16/06/2025)

June 27 declared Hijri New Year holiday in Federal Government (WAM 16/06/2025)

MoHAP adopts digital system to boost financial collection efficiency (WAM 16/06/2025)

Mohammed bin Rashid launches phase 2 of Zero Bureaucracy Programme (Government of Dubai Media Office 16/06/2025)

Hormuz tensions raise freight costs, disrupt global oil trade (Khaleej Times 16/06/2025)

UAE announces Hijri New Year holiday for private sector (Arabian Business 16/06/2025)

Abu Dhabi is driving ‘significant opportunity’ amid UAE real estate surge, experts say (Arabian Business 16/06/2025)

UAE healthcare giant Mediclinic merges two major Abu Dhabi hospitals (Arabian Business 16/06/2025)

Dubai real estate: Metro Blue Line to turn infrastructure into wealth generator (Arabian Business 16/06/2025)

Mohammed bin Rashid: Our goal to grow UAE non-oil foreign trade to AED4t by 2031 will be achieved within two years (WAM 15/06/2025)

UAE leads globally in metrology as pillar of innovation, economic competitiveness (WAM 15/06/2025)

RTA Signs MoU with Uber Technologies and WeRide to launch pilot operations of autonomous vehicles (Government of Dubai Media Office 15/06/2025)

UAE airports alert travellers as airlines extend cancellations amid Israel-Iran conflict (Khaleej Times 15/06/2025)

Petrol prices, flight tickets: How Israel-Iran conflict could affect UAE residents (Khaleej Times 15/06/2025)

Dubai real estate sector recorded $4.2bn of transactions last week (Arabian Business 15/06/2025)

Dubai’s Global Village opens vendor applications for Season 30 (Arabian Business 15/06/2025)

UAE’s Islamic finance, halal industry poised for robust growth, economic diversification (WAM 14/06/2025)

ADPHC provides seasonal influenza vaccine to nearly 300,000 residents (WAM 13/06/2025)

IHC reveals ‘RIQ’ as name of new global reinsurance platform (WAM 13/06/2025)

ADIO, EHang and Multi Level Group to test vertical take-off and landing aircraft in Abu Dhabi (Abu Dhabi Media Office 13/06/2025)

AED128b Al Maktoum International Airport project fuels real estate boom in Dubai South (Khaleej Times 13/06/2025)

Abu Dhabi announces major new real estate laws (Arabian Business 13/06/2025)

RTA rolls out Automated Rail Infrastructure Inspection System in Dubai Metro (WAM 12/06/2025)

AD Ports Group, ASRY sign three heads of terms to collaborate on strategic maritime, ports projects (WAM 12/06/2025)

EDGE Group, Leonardo to strengthen strategic partnership with groundbreaking JV (WAM 12/06/2025)

Yas Healthcare to set up UAE’s first proton therapy centre in Dubai (WAM 12/06/2025)

Etihad Airways carries 8.4 million passengers in first five months of 2025 (WAM 12/06/2025)

Abu Dhabi hotels record AED611m in revenue in March 2025 (WAM 12/06/2025)

The Petshop launches 1-hour delivery service in Dubai, Abu Dhabi (Arabian Business 12/06/2025)

Dubai welcomes 7.15m visitors in first 4 months of 2025 (Arabian Business 12/06/2025)

Dubai real estate sales jump 15% in May 2025 as market value hits $14.8b (Arabian Business 12/06/2025)

Abu Dhabi’s Khazna to build Blackwell-ready data halls for NVIDIA across MEA (Arabian Business 12/06/2025)

DHL plans $575m investment in Middle East (Arabian Business 12/06/2025)

Hamdan bin Mohammed explores future of space sector with leading UAE-based startups (WAM 11/06/2025)

Air Arabia doubles frequency to Maldives (WAM 11/06/2025)

Emirates forges interline partnership with Bahamasair to facilitate connectivity (WAM 11/06/2025)

Etihad operates four flights to Karachi (WAM 11/06/2025)

Dubai Department of Economy and Tourism holds first City Briefing of 2025 (WAM 11/06/2025)

Creative Media Authority signs AED55m partnership with NG9 Holding (WAM 11/06/2025)

Borouge, ADNOC L&S enter $531m partnership to accelerate petrochemical exports (WAM 11/06/2025)

Easy Lease, BigBear.ai, Vigilix to advance AI solutions, R&D (WAM 11/06/2025)

Supreme Council for Financial and Economic Affairs awards 3 oil and gas production concessions to ADNOC and partners (Abu Dhabi Media Office 11/06/2025)

DMT issues updates regarding real estate sector in Abu Dhabi (Abu Dhabi Media Office 11/06/2025)

UAE franchise sector generates $27.2bn revenue a year (Arabian Business 11/06/2025)

Analysis: UAE’s massive AI investment could redefine its economic future (Arabian Business 11/06/2025)

UAE leads Arab world in AI learning surge (Arabian Business 11/06/2025)

Terralogix, Dubai’s largest privately owned logistics park launched (Arabian Business 11/06/2025)

From Nobu to Wynn: Inside the UAE’s branded residences arms race worth billions (Arabian Business 11/06/2025)

ADNOC Gas awards $5b in contracts for 1st phase of its rich gas development project (WAM 10/06/2025)

Over 10,000 rest stations provided for delivery workers across UAE throughout Midday Break period (WAM 10/06/2025)

Moro Hub, OpenText to accelerate digital transformation across UAE (WAM 10/06/2025)

UAE residents plan holidays around sporting events, Hyatt survey finds (Arabian Business 10/06/2025)

Abu Dhabi luxury property sales hit $1.7b in first four months of 2025 (Arabian Business 10/06/2025)

UAE FINANCE AND ECONOMY NEWS

UAE outlook brightens as GCC economies defy global trade strains (Khaleej Times 16/06/2025)

Dubai inflation inches up in May on elevated housing costs (Khaleej Times 16/06/2025)

UAE banks struggle with employee digital readiness despite leading GCC innovation (Arabian Business 16/06/2025)

UAE real estate giant Binghatti Holding launches $1bn asset management arm in Dubai (Arabian Business 16/06/2025)

GCC countries’ public spending estimated at $542b in 2025 (WAM 15/06/2025)

UAE’s GDP reached AED1,776b in 2024 with 4% growth (WAM 15/06/2025)

Non-oil sector propels UAE’s GDP to nearly AED1.8t in 2024 (Khaleej Times 15/06/2025)

UAE targets Islamic finance and halal industry growth as bank deposits hit $162bn and $86bn export target set (Arabian Business 15/06/2025)

Haitong International initiates coverage on all ADNOC listed companies with ‘outperform’ ratings (WAM 12/06/2025)

Nasdaq Dubai welcomes ICBC’s multi-currency Green Bond listings totalling $1.72b (WAM 12/06/2025)

UAE emerges as resilient FDI hub amid GCC slowdown (Khaleej Times 12/06/2025)

Emaar gets a credit rating upgrade from both S&P and Moody’s (Arabian Business 12/06/2025)

Dubai Land Department achieves world-first with instant sell-out of tokenised real estate (WAM 11/06/2025)

EDGE, FAB sign strategic agreement to build resilient financial ecosystem (WAM 11/06/2025)

EU removes UAE from ‘high-risk’ money-laundering list (Arabian Business 11/06/2025)

Khaled bin Mohamed bin Zayed receives CEO of BlackRock (WAM 10/06/2025)

Nasdaq Dubai welcomes $500m AT1 Sukuk by Sharjah Islamic Bank (WAM 10/06/2025)

CBUAE imposes financial sanctions of AED12.3m on six exchange houses (WAM 10/06/2025)

World Bank raises UAE growth forecast for 2025 and 2026 (Khaleej Times 10/06/2025)

PRYPCO Mint launches second tokenised property with investment from just $545 (Arabian Business 10/06/2025)

UAE economy bucks global trend as Europe, U.S. recession risks grow (Arabian Business 10/06/2025)

‘Magnet for hedge funds’, the UAE could change the $4.5t global industry (Arabian Business 10/06/2025)

MERGER & AQUISITION NEWS

XRG-led consortium submits non-binding offer to acquire Australian energy company Santos (WAM 16/06/2025)

Invictus Investment plans a third acquisition in Africa by the end of 2025 (Arabian Business 11/06/2025)

UAE BILATERAL TRADE NEWS

UAE President, Iraqi Prime Minister discuss bilateral ties (WAM 16/06/2025)

UAE President, Greek Prime Minister discuss bilateral relations (WAM 16/06/2025)

Dubai Chamber of Commerce supports expansion of AfroVision Technologies into Ghana (WAM 16/06/2025)

UAE, Cyprus Presidents discuss bilateral relations (WAM 15/06/2025)

UAE showcases future-driven vision, digital prowess at VivaTech 2025 in Paris (WAM 15/06/2025)

Abu Dhabi reinforces global leadership in healthcare innovation with high-level US visit (WAM 15/06/2025)

UAE, Dominican Republic to exchange government modernisation expertise (WAM 15/06/2025)

Nahyan bin Mubarak receives Special Envoy of Prime Minister of Bangladesh (WAM 15/06/2025)

UAE, Czech Republic enhance cooperation (WAM 14/06/2025)

UAE President holds phone calls with French President, Italian Prime Minister to discuss bilateral ties (WAM 14/06/2025)

Abdullah bin Zayed concludes working visit to US (WAM 14/06/2025)

MBRGI implements projects worth AED5.5m to address malnutrition in three African countries (WAM 13/06/2025)

Emirates Publishers Association expands global reach through Latin America (WAM 13/06/2025)

Noura Al Kaabi participates in Oslo Forum 2025 (WAM 13/06/2025)

G42 launches Europe HQ in London to power AI growth (Arabian Business 13/06/2025)

UAE President, Canadian Prime Minister discuss bilateral ties, topics of mutual interest (WAM 12/06/2025)

UAE delegation highlights growing regional ties at Bahrain-UAE Business Forum (WAM 12/06/2025)

UAE President, Pakistani Prime Minister discuss bilateral cooperation (WAM 12/06/2025)

UAE delegation participates in High-level Energy Transition Dialogue in Brussels (WAM 12/06/2025)

UAE participates in ‘BRICS Youth Summit’ in Federative Republic of Brazil (WAM 11/06/2025)

Abdullah bin Zayed, US Secretary of State discuss strategic ties (WAM 11/06/2025)

UAE President receives Qatari Prime Minister and Minister of Foreign Affairs (WAM 10/06/2025)

UAE participates in Indo Defence 2025 in Jakarta (WAM 10/06/2025)

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Written by Jenny Hunt

Founder, Gateway Group, Abu Dhabi and Dubai, United Arab Emirates

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