UAE Weekly Business News 19/05/2025

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UAE Weekly Business News: Issue 239 published 19 May 2025.

UAE FREE ZONE NEWS

DIFC, IPEM to advance global private markets ecosystem in Dubai (WAM 19/05/2025)

Significant growth recorded by Dubai Industrial City since 2024 (WAM 19/05/2025)

Dubai Finance, DIFC to support Dubai Cashless Strategy (WAM 16/05/2025)

Dubai opens real estate market to Umm Al Quwain Free Trade Zone companies (Arabian Business 16/05/2025)

CICC expands its global footprint with official launch of DIFC branch (WAM 15/05/2025)

Construction begins on Pure Ice Cream’s AED80m facility at Dubai Industrial City (WAM 15/05/2025)

Meydan Free Zone launches 60-minute business licence service (Arabian Business 14/05/2025)

IFZA, Smart Cities Council partner to drive cross-border innovation (WAM 13/05/2025)

Moro Hub, DIFC to accelerate digital transformation (WAM 13/05/2025)

DFSA’s Tokenisation Regulatory Sandbox attracts EOI from 96 firms (WAM 12/05/2025)

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

Full list of visa-free countries for Indians, Pakistanis, Filipinos (Khaleej Times 17/05/2025)

Blue Visa: UAE offers multiple-entry permit to foreigners applying for residency (Khaleej Times 16/05/2025)

New 10-year UAE visa: Who can apply for blue residency and how? (Khaleej Times 16/05/2025)

UAE Blue Visa awarded to 20 environment advocates as it launches first phase (Khaleej Times 16/05/2025)

UAE Blue Visa: Which jobs could get you the 10-year residency permit (Khaleej Times 16/05/2025)

UAE Golden Visa: 7 additional professions eligible for 10-year residency permit (Khaleej Times 14/05/2025)

MoHESR, EGA to support Emirati engineering talent (WAM 13/05/2025)

UAE content creators and influencers 10-year golden visa; how to apply (Khaleej Times 13/05/2025)

Hamdan bin Mohammed grants golden visas to nursing staff at Dubai Health (WAM 12/05/2025)

UAE BUSINESS NEWS

NMDC LTS, Jiangsu Huaying Valves to explore establishing a valve facility in the UAE (WAM 19/05/2025)

Innovest Holding, OXON Technologies partner in clean energy (WAM 19/05/2025)

Strata produces 100,000 aerostructure components (WAM 19/05/2025)

Global Village attracts 10.5 million visitors in Season 29 (WAM 19/05/2025)

BOLD Technologies, My Aion Inc. to launch AI urban infrastructure initiative (WAM 19/05/2025)

EPointZero purchases 1GWh battery system from Enercap by Apex Energy (WAM 19/05/2025)

ADNOC, Tawazun Council to strengthen collaboration in key sectors (WAM 19/05/2025)

'Mubadala Bio' launched to transform life sciences in UAE, beyond (WAM 19/05/2025)

EDGE launches 'Group AI Accelerator' to boost AI-enhanced solutions (WAM 19/05/2025)

Drydocks World joins global alliance to accelerate maritime sustainability (WAM 19/05/2025)

Space42 opens High Altitude Platform Stations manufacturing facility in Abu Dhabi (WAM 19/05/2025)

MBRCGI launches Government Technology 5.0 report (WAM 19/05/2025)

Dubai’s private higher education sector continues record-breaking streak (WAM 19/05/2025)

Julphar plans to invest AED300m over next five years (WAM 19/05/2025)

National Media Office, Presight to optimise UAE’s media ecosystem using applied AI (WAM 19/05/2025)

Abu Dhabi Industrial Strategy drives 23% sector growth, industrial enterprises up 19.4% (WAM 19/05/2025)

ADNOC, Tubacex sign agreement to localise oilfield technology (WAM 19/05/2025)

IKTIFA signs cooperation agreement with Emirates Macaroni Factory at MIITE (WAM 19/05/2025

FANR publishes 2024 Annual Report; demonstrates its regulatory systems (WAM 19/05/2025)

Revealed: 1 billion carats diamond trade in Dubai (Government of Dubai Media Office 19/05/2025)

The Dubai PropTech Hub launches (Government of Dubai Media Office 19/05/2025)

Abu Dhabi announces car manufacturing plans (Arabian Business 19/05/2025)

PureHealth invests $613m in local goods and services (Arabian Business 19/05/2025)

Abu Dhabi Industrial Strategy sees sector GDP pass $30b (Arabian Business 19/05/2025)

Global investment companies line up for a piece of Dubai real estate pie (Arabian Business 19/05/2025)

UAE sees 70% adoption rate in AI-assisted shopping (Arabian Business 19/05/2025)

UAE industrial exports pass $53b (Arabian Business 19/05/2025)

Public bus coverage now reaches 88% of Dubai’s urban areas (WAM 18/05/2025)

Dubai Municipality completes development of Deira wharf (WAM 18/05/2025)

ADNOC awards contracts worth AED65.7b among 400 UAE companies in H1 2025 (WAM 18/05/2025)

Dubai off-plan real estate sales lure investors with high returns and easy finance (Arabian Business 18/05/2025)

UAE Cybersecurity Council develops national Drone Cybersecurity Guidelines (WAM 17/05/2025)

EAD issues resolution regarding approval, registration of environmental consultancy offices (WAM 17/05/2025)

EDGE, Barricade AI join forces to transform global policing operations through AI (WAM 17/05/2025)

Abu Dhabi Codex Workshop concludes with recommendations for legislative alignment, national capacity building (WAM 17/05/2025)

ADIO, Qualcomm Technologies to establish Engineering Center in Abu Dhabi (Abu Dhabi Media Office 17/05/2025)

WeRide announces robotaxi trials in Abu Dhabi (Arabian Business 17/05/2025)

Etihad boosts US network with flights to Charlotte from 2026 (Arabian Business 17/05/2025)

Oracle, Cleveland Clinic, G42 to launch AI global healthcare delivery platform (WAM 16/05/2025)

Etihad Airways expands US network with flights to North Carolina (WAM 16/05/2025)

Tawazun Council, RTX, EGA to explore gallium production in Abu Dhabi (WAM 16/05/2025)

Why HNWIs are moving ‬to UAE golf-front homes (Khaleej Times 16/05/2025)

Dubai-made perfumes drive UAE’s rise in global luxury fragrance market (Arabian Business 16/05/2025)

325 companies in Dubai apply for 'Dubai AI Seal' certification (WAM 15/05/2025)

Madrasa, TikTok to launch STEM Feed in UAE (WAM 15/05/2025)

Three Shurooq hospitality projects ranks among top 10% hotels worldwide (WAM 15/05/2025)

Ministry of Sports launches ‘Sportifai’ to support National Sports Strategy 2031 (WAM 15/05/2025)

Google for Startups Accelerator welcomes 26 Hub71 ventures (WAM 15/05/2025)

RTA Streamlines Driver Licensing Services by 53% (Government of Dubai Media Office 15/05/2025)

Dubai simplifies driving licence services with digital transformation (Arabian Business 15/05/2025)

Etihad Rail to launch passenger service in 2026 (Arabian Business 15/05/2025)

UAE’s DEWA, ADNOC Gas and Salik included in MSCI Emerging Markets Index (Arabian Business 15/05/2025)

Dubai emerges as premier destination for global millionaire migration (Arabian Business 15/05/2025)

Salik added to MSCI UAE Index (WAM 14/05/2025)

New Thalassemia and Sickle Cell Centre opened at Burjeel Medical City (WAM 14/05/2025)

Hamdan bin Mohammed names new leaders at key Dubai Government entities (WAM 14/05/2025)

ADNOC Gas joins MSCI Emerging Markets Index (WAM 14/05/2025)

Neuralink’s UAE-PRIME launches, enhancing health in Abu Dhabi (WAM 14/05/2025)

DXB to close upon completion of Al Maktoum International Airport (Khaleej Times 14/05/2025)

Unilever plans major investment in UAE, Middle East and beyond (Arabian Business 14/05/2025)

Talabat, Bolt announce ride services for ‘pro’ Dubai customers (Arabian Business 14/05/2025)

DoE issues decision on Regulation of Gas Works in Buildings across Abu Dhabi (WAM 13/05/2025)

Etihad reports April 2025 traffic statistics (WAM 13/05/2025)

Abu Dhabi Public Health Centre, Novartis Middle East to enhance public health, disease prevention in Abu Dhabi (WAM 13/05/2025)

EGA reaches 50% construction milestone on UAE’s largest aluminium recycling plant (WAM 13/05/2025)

Abu Dhabi Public Health Centre, AstraZeneca to enhance COPD in Abu Dhabi (WAM 13/05/2025)

Flying taxi launch ‘on track’ for later this year (Khaleej Times 13/05/2025)

Abu Dhabi shuts down 5 restaurants and a supermarket (Arabian Business 13/05/2025)

UAE, Gulf supply chains go local despite easing global trade tensions (Arabian Business 13/05/2025)

UAE Cybersecurity Council, e& UAE to launch Al Ain Innovation Centre (WAM 12/05/2025)

MoHAP, EHS host launch of State of the World’s Nursing 2025 report (WAM 12/05/2025)

Dubai Chamber of Digital Economy supported 127 digital startups in Q1 2025 (WAM 12/05/2025)

RTA to release 116 tenders for private sector by end of 2025 (WAM 12/05/2025)

UAE FINANCE AND ECONOMY NEWS

ADEX, EDB to unlock AED1b in export financing for UAE industries (WAM 19/05/2025)

FAB to adopt Oracle-Mastercard virtual card solution for B2B payments (WAM 19/05/2025)

General Gulf inflation rate logs 1.7% by end of December 2024 (WAM 18/05/2025)

UAE fintech sector to hit $6.43b by 2030 (Arabian Business 18/05/2025)

Flexible UAE regulations drive Fintech growth (WAM 17/05/2025)

Masdar raises US$1b through green bond issuance (WAM 16/05/2025)

Bank of Sharjah and Apex Investment added to MSCI Global Small Cap Index (Arabian Business 16/05/2025)

du Pay, Checkout.com to strengthen UAE payments infrastructure (Arabian Business 16/05/2025)

Space42 advances strategy execution with solid Q1 2025 results (WAM 15/05/2025)

Amlak Finance posts AED28m net profit in Q1 2025 (WAM 15/05/2025)

TAQA Group reports revenue of AED14.2b for Q1 2025 (WAM 15/05/2025)

EDB industrial development prospects with strategic partners (WAM 15/05/2025)

BHM Capital reports strong Q1 profit growth (WAM 15/05/2025)

Deyaar Q1 2025 net profit before tax up 54% (Arabian Business 15/05/2025)

EMSTEEL delivers AED2.2b revenue in Q1 2025 (WAM 14/05/2025)

ADNIC records AED133.3m net profit before tax in Q1 2025 (WAM 14/05/2025)

Tabreed reports AED115m net profit in Q1 2025 (WAM 14/05/2025)

Al Ansari reports AED109m net profit after tax (WAM 14/05/2025)

Ahmed bin Saeed meets with President and CEO of the Institute of International Finance (Government of Dubai Media Office 14/05/2025)

Ahmed bin Saeed meets with global fintech leaders (Government of Dubai Media Office 14/05/2025)

Five new stores push Lulu’s Q1 2025 revenue up 7.3% YoY (Arabian Business 14/05/2025)

Dubai Holding announces details for imminent IPO (WAM 13/05/2025)

Air Arabia reports AED335m Q1 2025 net profit (WAM 13/05/2025)

Salik reports AED751.6i revenue for Q1 2025 (WAM 13/05/2025)

Agthia reports AED1.3b in Q1 2025 net revenue (WAM 13/05/2025)

New stores propel Spinneys’ Q1 2025 revenue up 11.3% (Arabian Business 13/05/2025)

Botim, Mbank launch UAE’s first fintech-integrated Jaywan card scheme (Arabian Business 13/05/2025)

Dubai Finance to enable cryptocurrency payments for government fees (WAM 12/05/2025)

UAE one of the world’s most banked nations (Khaleej Times 12/05/2025)

UAE M&A AND INVESTMENT NEWS

Fertiglobe to acquire Wengfu Australia’s distribution business (Arabian Business 13/05/2025)

Elevate acquires Dubai’s Hartland School in $100m deal (Arabian Business 13/05/2025)

UAE BILATERAL TRADE NEWS

TAQA Morocco and partners to develop of large-scale power, water projects in Morocco (WAM 19/05/2025)

UAE President visits King of Bahrain at his residence in Abu Dhabi (WAM 19/05/2025)

UAE participates in second meeting of G20 Trade and Investment Working Group (WAM 19/05/2025)

Dubai to participate in GITEX EUROPE x Ai Everything with 12 government, private entities (WAM 18/05/2025)

UAE-US: A strategic partnership built on five decades of mutual cooperation (WAM 17/05/2025)

Trump’s visit marks strategic shift amid regional, international challenges (WAM 17/05/2025)

Crown Prince of Abu Dhabi, US President participate in UAE–US Business Dialogue (WAM 16/05/2025)

UAE/US Framework on Advanced Technology Cooperation (WAM 16/05/2025)

UAE, US: Partnership for innovation, opportunity (WAM 16/05/2025)

EGA progresses plans to build first new primary aluminium production plant in US (WAM 16/05/2025)

ADNOC deepens energy partnerships with US companies (WAM 16/05/2025)

dnata to open dedicated animal handling center at Amsterdam Schiphol Airport (Arabian Business 16/05/2025)

Abu Dhabi, Hong Kong enhance regulatory cooperation on cross-border investment management (WAM 15/05/2025)

UAE, US Presidents attend unveiling of 5GW AI campus in Abu Dhabi (WAM 15/05/2025)

US President's visit reflects bilateral mutual respect (WAM 15/05/2025)

US President's visit opens horizons for economic cooperation (WAM 15/05/2025)

UAE-US renewable energy partnership drives global clean energy transition (WAM 15/05/2025)

US President's visit highlights robust UAE-US economic ties (WAM 15/05/2025)

UAE, US Presidents discuss strategic partnership (WAM 15/05/2025)

Abu Dhabi, Singapore explore collaboration in regulation of petroleum products trading (WAM 14/05/2025)

Crown princes of Abu Dhabi and Saudi meet at the Gulf–US Summit in Riyadh (Abu Dhabi Media Office 14/05/2025)

AD Ports Group boosts Kazakhstan presence with fleet and terminal growth plans (Arabian Business 14/05/2025)

UAE, Jordan CEPA deal to boost non-oil trade to over $8b (Arabian Business 14/05/2025)

DEWA, Korean delegation discuss sustainable energy collaboration (WAM 13/05/2025)

Presight opens inaugural regional office in Astana (WAM 13/05/2025)

Maktoum bin Mohammed meets with Minister of Finance of Luxembourg (WAM 13/05/2025)

ADIO, Mizuho to streamline Japanese investments into Abu Dhabi (WAM 12/05/2025)

ADIO, ITOCHU to accelerate investments into Abu Dhabi’s high-growth economy (WAM 12/05/2025)

UAE investments in Uzbekistan surge to $1.3b in 2024 (Arabian Business 12/05/2025)

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Written by Jenny Hunt

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

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