UAE Weekly Business News 25/09/23
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UAE Weekly Business News, Issue 155. 25th September 2023.
UAE free zones news
RAKEZ team visits China’s Guangdong province to boost trade and economic synergies (WAM 21/09/2023)
AIIB’s debut operational office opens in Abu Dhabi (WAM 20/09/2023)
DIFC unveils five-year innovation outlook for financial services (WAM 20/09/2023)
DIFC on track for 20% insurance sector growth (Arabian Business 18/09/2023)
UAE employment, visa and Emiratisation news
Cracking the code: Understanding the UAE’s unique hiring benchmarks (Arabian Business 25/09/2023)
‘Do I have to join an employer-backed pension plan?’ (The National 24/09/2023)
Dubai employees sentenced after child drowns in hotel pool (The National 22/09/2023)
UAE visa: How to update your residency permit, Emirates ID online, cost – everything you need to know (Arabian Business 22/09/2023)
Which UAE office support jobs are in demand and how much do they pay? (The National 21/09/2023)
UAE leads the Arab world in global talent competitiveness ranking, IMD says (The National 21/09/2023)
Emirates 'rolls out red carpet' as it looks to hire A380 pilots (The National 21/09/2023)
Dubai jobs: Emirates announces recruitment drive; eligibility, incentives revealed (Khaleej Times 21/09/2023)
Arab Woman Awards 2023 winners revealed (Arabian Business 21/09/2023)
Ru’ya, Careers UAE Redefined connects Emirati job seekers with expanded line-up of top UAE companies (WAM 20/09/2023)
ADIB achieves 45% Emiratisation rate across range of positions (WAM 20/09/2023)
Women are changing the face of finance in the Middle East: report (Arabian Business 20/09/2023)
MoHRE meets with domestic worker recruitment agencies, urges compliance with obligations (WAM 19/09/2023)
MoHRE calls on eligible citizens, residents to subscribe to Unemployment Insurance Scheme (WAM 19/09/2023)
MoHRE applauds private sector’s commitment, social responsibility as Midday Break ends (WAM 18/09/2023)
MoHRE announces September 29 as public holiday for private sector employees (WAM 18/09/2023)
UAE issues pensions guidance for businesses (Arabian Business 18/09/2023)
UAE business and trade news
UAE publishes discussion paper on urgent threat of global water scarcity (WAM 24/09/2023)
Hamdan bin Mohammed launches Dubai Economic Leadership Program to prepare competent national talent to lead Dubai’s vital sectors (WAM 24/09/2023)
Future100 secures 25 new partnerships (WAM 24/09/2023)
MoIAT, Abu Dhabi Chamber highlight catalysts of industrial growth (WAM 24/09/2023)
‘Climate Future Week’ at Museum of The Future to launch Tuesday (WAM 24/09/2023)
Hamdan Bin Rashid Al Maktoum Foundation for Medical and Educational Sciences initiates (WAM 24/09/2023)
RTA automates issuance of supplementary information sign permits (WAM 24/09/2023)
Why the rich are lining up to own property on Dubai's Palm Jebel Ali (Khaleej Times 24/09/2023)
Middle East energy evolution faces challenges and opportunities (Khaleej Times 24/09/2023)
Dubai 3D printing plant aims to make 20,000 airline parts a year (The National 23/09/2023)
UAE tests robot divers with hands that can clean deep-sea coral (The National 23/09/2023)
Miniter of Economy unveils key pillars for transforming country's food, agriculture sector into global power (WAM 22/09/2023)
UAE's Peaceful Nuclear Energy Programme is accelerating clean molecule creation to achieve net zero (WAM 22/09/2023)
Etihad Airways doubles daily flights to Kuala Lumpur (WAM 22/09/2023)
Union Atlas launched to facilitate information exchange between local authorities, institutions (WAM 22/09/2023)
Dubai ranks first in Arab world, fifth globally on Xinhua-Baltic International Shipping Centre (WAM 22/09/2023)
Abu Dhabi to host first art therapy conference in MENA (WAM 22/09/2023)
I2U2 Group consisting of UAE, India, Israel, and US announces launch of website (WAM 22/09/2023)
24th Arab Hospitals Federation Forum to take place in Abu Dhabi (Abu Dhabi Media Office 22/09/2023)
Department of Culture and Tourism – Abu Dhabi introduces Traditional Bands Certificates (Abu Dhabi Media Office 22/09/2023)
Abu Dhabi Chamber of Commerce and Industry partners with three local banks (Abu Dhabi Media Office 22/09/2023)
Abu Dhabi's Makani plans to buy and build new malls in expansion push (The National 22/09/2023)
UAE to boost food and farming's contribution to economy by $10b (The National 22/09/2023)
Yahsat awarded $5.1b satellite capacity and services contract by UAE (The National 22/09/2023)
Dubai Ruler Sheikh Mohammed ‘optimistic about a new Middle East’ after MBS interview (Arabian Business 22/09/2023)
Palms Sports' Securiguard Middle East wins AED403m site security services contract renewal (WAM 21/09/2023)
Abu Dhabi Residents Office partners with Nine Yards to boost real estate investment (WAM 21/09/2023)
MoF introduces UAE private sector to expansion opportunities in emerging economies (WAM 21/09/2023)
Cybersecurity key to boosting customer confidence, developing UAE's banking and financial sector (WAM 21/09/2023)
Livestock health & sustainability strategic priority: Abu Dhabi Agriculture and Food Safety Authority (WAM 21/09/2023)
Integrated Transport Centre launches Green Buses Capacity Building Programme (WAM 21/09/2023)
Abu Dhabi Agriculture and Food Safety Authority strengthens UAE Fodder Market supply chains (Abu Dhabi Media Office 21/09/2023)
Abu Dhabi hotel room rates rise in emirate's tourism drive (The National 21/09/2023)
UAE-India flights: Flydubai CEO calls for 'Open Skies' policy to boost tourism (Khaleej Times 21/09/2023)
Dubai real estate off-plan transactions records surge of $8.2b over three years (Arabian Business 21/09/2023)
Dubai’s City Walk announces massive expansion with 65 store debuts in 2023 (Arabian Business 21/09/2023)
Dubai looks to develop ties with cricket governing bodies (Arabian Business 21/09/2023)
Emirates Development Bank underlines commitment to UAE food security at 5th Future Food Forum (WAM 20/09/2023)
Al Tayer inspects construction work of Hatta Sustainable Waterfalls (WAM 20/09/2023)
Abu Dhabi Finance Week to be held in partnership with 25 key entities (WAM 20/09/2023)
UAE recruits more than 40 ITTI certified assessors to help transform factories across Emirates (WAM 20/09/2023)
DXB tops Airport Connectivity Rankings in Asia-Pacific and Middle East (WAM 20/09/2023)
Silal launches blockchain-powered food tracing system to show journey of produce (Abu Dhabi Media Office 20/09/2023)
UAE plans cybersecurity vision for next 50 years (The National 20/09/2023)
Best performing areas for Dubai property prices and rents in August (The National 20/09/2023)
Do Dubai property prices face a bubble risk? (Khaleej Times 20/09/2023)
Budget-friendly, luxury living: UAE's top residential areas revealed; rents start from AED20,000 (Khaleej Times 20/09/2023)
UAE small businesses eye global expansion as key to growth, Visa study finds (Khaleej Times 20/09/2023)
Burjeel signs $34 million deal to adopt Oracle Health’s electronic record system (Arabian Business 20/09/2023)
GCC economic outlook downgraded due to oil output cuts: ICAEW (Arabian Business 20/09/2023)
Dubai Terminal 3 reveals seamless travel trial, walk through check-in, immigration: Report (Arabian Business 20/09/2023)
Dubai introduces 32 RTA smart kiosks (Arabian Business 20/09/2023)
flydubai carries more than 4m passengers in summer (WAM 19/09/2023)
UAE Space Agency releases results of 2021 Space Economic Survey (WAM 19/09/2023)
Abu Dhabi Sustainable Business Leadership Forum 2023 to accelerate 'Nature-Positive Growth' (WAM 19/09/2023)
Khaled bin Mohamed bin Zayed launches new vision and strategy for Abu Dhabi Media Network (WAM 19/09/2023)
Dubai Business Forum will explore future of global economy (WAM 19/09/2023)
Ministry of Energy and Infrastructure launches UAE Scenarios Sketch (WAM 19/09/2023)
Abu Dhabi's ports achieves 37% growth in digital customs transactions in H1 2023 (WAM 19/09/2023)
UAE to conclude six more CEPAS in next three months, foreign trade minister says (The National 19/09/2023)
UAE to have 9,200 more hotel rooms by end of this year, report finds (The National 19/09/2023)
Middle East's hospitality sector is strongest in world, data firm says (The National 19/09/2023)
Investor-friendly policies, regulations keep Dubai realty thriving (Khaleej Times 19/09/2023)
Emirates and SriLankan Airlines team up to offer new destinations and routes (Arabian Business 19/09/2023)
Zilliqa Group relaunches its UAE metaverse venture as MetaMinds following business restructure (Arabian Business 19/09/2023)
Revealed: Middle East emerges as top travel spot as artificial intelligence, augmented reality surges (Arabian Business 19/09/2023)
UAE to have 154,000 hotel rooms by year end, up 6.4% (Arabian Business 19/09/2023)
UAE: Hub for space startups, global companies (WAM 18/09/2023)
e& receives prestigious Tier 4 certification from World Teleport Association (WAM 18/09/2023)
Abu Dhabi Customs to implement new measures to facilitate growth of trade movement from H2 2023 (Abu Dhabi Media Office 18/09/2023)
Emirates Health Services, Care.AI partner to use Generative AI in patient room monitoring (Arabian Business 18/09/2023)
Inside Dubai’s vegan plant-based meat factory catering to changing UAE food choices (Arabian Business 18/09/2023)
UAE financial news
GCC sovereign wealth funds' assets under management grow to $3.6t (The National 25/09/2023)
Lunch and dry-cleaning? Deductible expenses under UAE corporate tax rules (The National 25/09/2023)
Start-ups 'will help the UAE double its GDP by 2031' (The National 24/09/2023)
Spinneys supermarket group eyes 2024 IPO: Report (Arabian Business 24/09/2023)
(WAM 23/09/2023)
ADIB redeems $750m perpetual Sukuk issued in 2018 (WAM 22/09/2023)
MoF, AI Office and MBRCGI develop 'Rules as Code' platform for designing financial laws and legislations (WAM 22/09/2023)
UAE stocks generate strong cash flows Thursday as DFM hits 8-month high (WAM 21/09/2023)
Indian digital venture Safexpay expands tailored payment solutions across GCC markets (Arabian Business 21/09/2023)
CBUAE maintains Base Rate at 5.40% (WAM 20/09/2023)
New report by FAB, Wealth Briefing shows growing role of high-income women in MENA economies (WAM 20/09/2023)
Tuum, Paymentology tie-up to provide access to card management and payment processing solutions in Middle East (Arabian Business 20/09/2023)
HSBC announces $1b funding push to support early-stage climate tech companies (WAM 20/09/2023)
EU Global Facility launches first Beneficial Ownership activity in UAE (WAM 19/09/2023)
UAE national banks lead in sustainable financing and climate initiatives ahead of COP28 (WAM 19/09/2023)
UAE's clean energy milestones: path to net zero (The National 19/09/2023)
Flydubai's 2023 profit to beat last year's levels, says CEO (The National 19/09/2023)
Moody’s upgrades United Arab Bank’s outlook from ‘stable’ to ‘positive’ (Khaleej Times 19/09/2023)
UAE US Dollar bond issue achieved strong results with over subscription by five times (WAM 18/09/2023)
UAE seizes assets worth $354m between March and July to combat money laundering (The National 18/09/2023)
Fertiglobe signs agreement with AD Ports (The National 18/09/2023)
Plane lessor DAE raises $1.6b in financing amid strong investor demand (The National 18/09/2023)
UAE mergers and acquisitions news
UAE's first SPAC to merge with Abu Dhabi printing firm (The National 20/09/2023)
Emirates Gold enters new era with acquisition by Rockfire Resources plc (Khaleej Times 19/09/2023)
UAE bilateral trade news
UAE, Indonesia reviewing strengthening economic cooperation (WAM 23/09/2023)
China-Arab States Expo opens (WAM 23/09/2023)
Adnoc opens service stations in Egypt in expansion push (The National 23/09/2023)
Brics expansion to transform bloc into a global renewable leader (The National 23/09/2023)
UAE, Armenia sign 4 MoUs during joint business forum in Yerevan (WAM 22/09/2023)
Abu Dhabi DoE delegation explores enhancing energy cooperation in France, Germany (WAM 22/09/2023)
UAE-Saudi trade reaches AED586.75b in 5 years (WAM 22/09/2023)
Ministry of Finance participates in first GCC Common Market Committee-Federation of GCC (WAM 22/09/2023)
34 deals inked at agricultural coop conference of China-Arab States Expo (WAM 22/09/2023)
UAE Foreign Minister meets Prime Minister of Saint Vincent and the Grenadines in New York (WAM 22/09/2023)
UAE signs MoU to expand Digital School initiative in sub-Saharan Africa (WAM 22/09/2023)
UAE Foreign Minister, Somali Prime Minister meet in New York (WAM 22/09/2023)
Abdullah bin Zayed meets President of Montenegro in New York (WAM 22/09/2023)
Abdullah bin Zayed meets Cyprus President in New York, explores strategic relations (WAM 22/09/2023)
EDGE expands in Eastern Europe with Bulgaria partnerships (WAM 22/09/2023)
ENEC discusses future collaboration with US businesses at US-UAE Business Council briefing (WAM 21/09/2023)
UAE, Philippines discuss strengthening financial and investment relations (WAM 20/09/2023)
Canada’s Sagard targets UAE, Egypt, Turkey and Saudi Arabia for new investment (The National 20/09/2023)
India and Middle East to form new spice trail: Minister (Arabian Business 20/09/2023)
COP28 President-Designate meets Presidents of Kenya and Malawi at UN General Assembly and Climate Week NYC (WAM 19/09/2023)
Abdullah bin Zayed meets Albanian Prime Minister in New York (WAM 19/09/2023)
Abdullah bin Zayed, Prime Minister of Fiji discuss joint cooperation in New York (WAM 19/09/2023)
Abdullah bin Zayed, Cleverly explore UAE-UK strategic partnership in New York (WAM 19/09/2023)
UAE, Serbia launch negotiations towards a Comprehensive Economic Partnership Agreement (WAM 18/09/2023)
UAE, Egyptian Presidents discuss bilateral cooperation, regional developments (WAM 18/09/2023)
British mutton and lamb sales to the Middle East soar (The National 18/09/2023)
Leading up to COP28 in the UAE
30th November-12th December 2023
Mariam Almheiri urges nations to seize climate opportunity at COP28 during her UNGA 2023 meetings
Shamma bint Sultan launches ‘The Climate Tribe’ global platform for climate Action (WAM 24/09/2023)
COP28 Presidency tells United Nations General Assembly: “Climate change is our common enemy and we must unite to fight it." (WAM 23/09/2023)
‘We are not powerless’ to overcome climate crisis, COP28 President-Designate tells UN Climate Ambition Summit (WAM 21/09/2023)
UAE endorses ‘Mangrove Breakthrough'; announces Mangroves Ministerial at COP28 to advance nature-based climate solutions (WAM 20/09/2023)
COP28 Presidency rings in new era of climate finance on second day of UN General Assembly (WAM 20/09/2023)
COP28 a significant step towards future of clean, renewable energy (WAM 20/09/2023)
COP28 President-Designate calls on private sector to usher in new era for sustainable climate finance (WAM 19/09/2023)
Local Press: UAE builds support for COP28 (WAM 19/09/2023)
COP28 President-Designate commits to put health at centre of climate discussions (WAM 18/09/2023)
Abu Dhabi Sustainability Week to host special edition at COP28 (WAM 18/09/2023)
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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
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