UAE Weekly Business News 26/05/2025

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UAE Weekly Business News: Issue 240 published 26 May 2025.

UAE FREE ZONE NEWS

ADGM’s Financial Services Regulatory Authority fines 23 entities (WAM 26/05/2025)

SUTSNAX unveils world-class R&D & Testing Lab at SRTIP (WAM 23/05/2025)

RAKEZ strengthens UAE–Italy investment dialogue during Milan business mission (WAM 23/05/2025)

DMCC sees 13% growth in Singaporean companies (WAM 22/05/2025)

Broaden Energy to establish AED455m facility in KEZAD (WAM 22/05/2025)

Deutsche Bank expands in UAE with Abu Dhabi Global Market licence  (Arabian Business 21/05/2025)

'Tradition' interdealer broker opens office in ADGM (WAM 20/05/2025)

Dubai Industrial City attracts over AED1.7b investments in 12 months (WAM 20/05/2025)

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

UAE launches digital integration project to verify private sector workers’ academic qualifications (WAM 26/05/2025)

Dubai announces workplace rules for government employees under new committee system (Arabian Business 25/05/2025)

UAE job scams: How to stay away from labour, visa fraud (Arabian Business 24/05/2025)

Sanad, GE Aerospace to shape future of UAE’s aerospace talent (WAM 23/05/2025)

Dubai Holding launches Early Careers Programme to empower next generation of UAE talent (WAM 23/05/2025)

Al Ain Youth Council organises Walm Career Fair to support Emiratisation (Abu Dhabi Media Office 23/05/2025)

1,414 Emirati entrepreneurs benefit from Ruwad's Programmes (WAM 22/05/2025)

17,000 Emirati job opportunities generated by ADNOC's ICV Programme (WAM 22/05/2025)

flydubai launches Ab Initio Pilot Training programme (WAM 22/05/2025)

ADIO announces new talent programmes to develop Emirati industrial sector leaders (WAM 21/05/2025)

MoHRE urges private sector companies to meet Emiratisation targets for Q1 2025 before June 30 (WAM 20/05/2025)

ADEX highlights role of Emirati women in industrial sector during MIITE 2025 (WAM 20/05/2025)

UAE BUSINESS NEWS

Disney+ eyes major expansion in UAE (WAM 26/05/2025)

MT Group launches phase 2 of supply chain expansion in Abu Dhabi (WAM 26/05/2025)

UAE hosts Artemis Accords workshop with representatives from 30 countries (WAM 26/05/2025)

Forbes Middle East launches Building the Future Summit (WAM 26/05/2025)

Etihad Airways hosts inaugural career fair KHUTWATY 2025 in support of UAE National Talent Development Strategy (Abu Dhabi Media Office 26/05/2025)

Budget travel on the rise as low-cost airlines double in Middle East (Khaleej Times 26/05/2025)

Air Arabia now accepting cryptocurrency payments for flights (Arabian Business 26/05/2025)

Dubai real estate sector recorded $4.7b of transactions last week (Arabian Business 26/05/2025)

UAE malls in ‘non-prime’ areas could face pressure from Chinese goods diversion amid U.S. tariffs (Arabian Business 26/05/2025)

Dubai attracts $272m in European digital investment over 4 years (Arabian Business 26/05/2025)

Eid al-Adha expected on 6th June in most Islamic countries (WAM 25/05/2025)

Sales of consumer tech and durables in Middle East and Africa to hit $68b this year (Khaleej Times 25/05/2025)

New tunnel, road upgrades to cut drive time by over 60% for commuters (Khaleej Times 25/05/2025)

 (WAM 24/05/2025)

23.8% increase in number of mystery shopper reports issued by Dubai Chambers (WAM 23/05/2025)

Abu Dhabi Chamber reinforces pioneering role in shaping Future of Industry at MIITE (WAM 23/05/2025)

DoH, OECD to advance regulatory excellence in Abu Dhabi’s healthcare sector (WAM 23/05/2025)

Dubai Films and Games Commission announces inaugural Film and Gaming Forum (WAM 23/05/2025)

Strata begins production of Trailing Edge components for Pilatus PC-12 aircraft (Abu Dhabi Media Office 23/05/2025)

Abu Dhabi property prices rise 7.2% annually in Q1 2025 despite sales volume drop (Arabian Business 23/05/2025)

MoEI, MoIAT drive industrial energy efficiency at MIITE (WAM 22/05/2025)

ADNOC awards contracts worth AED543m for Made-in-UAE products (WAM 22/05/2025)

Global tech alliance launches 'Stargate UAE' (WAM 22/05/2025)

EDGE, Specialist Mechanical Engineers to manufacture land vehicle components in UAE (WAM 22/05/2025)

MBRSC, Firefly Aerospace sign MOU for Emirates Lunar Mission (WAM 22/05/2025)

Fertiglobe eyes future growth with diverse project portfolio across UAE, globally (WAM 22/05/2025)

ADNOC’s suppliers commit to invest AED3b in manufacturing facilities (WAM 22/05/2025)

Emerge, Turbotim to deploy solar, battery energy storage systems in RAK (WAM 22/05/2025)

'Make it in the Emirates' concludes with AED11b new industrial projects (WAM 22/05/2025)

Emirates and Air Mauritius renew partnership covering codeshare and more (Government of Dubai Media Office 22/05/2025)

Dubai Municipality, Dubai South to develop AED150m stormwater drainage system in Dubai South residential district (Government of Dubai Media Office 22/05/2025)

Silal and China’s SVG to launch 100,000 m2 Smart Agritech Hub in Al Ain Region (Abu Dhabi Media Office 22/05/2025)

GCC retail sector to pass $390b by 2028 (Arabian Business 22/05/2025)

UAE emerges as hub for limited-edition luxury cars amid wealth influx (Arabian Business 22/05/2025)

flydubai to resume flights to Damascus from 1st June (WAM 21/05/2025)

Dubai SME targets 8,000 new Emirati businesses by 2033 (WAM 21/05/2025)

Borouge, Mubadala Bio to strengthen UAE’s healthcare, life sciences sectors (WAM 21/05/2025)

Globalpharma exports medicines to 18 countries (WAM 21/05/2025)

CAR T-cell therapy cuts cancer treatment cost by 90% (WAM 21/05/2025)

DMA launches remote technical inspection service for marine vessel licence renewal (WAM 21/05/2025)

Abu Dhabi to host 27th Annual IBA Arbitration Day Conference (WAM 21/05/2025)

Strata designs, manufactures radar antenna panel for Thales Emarat Technologies (WAM 21/05/2025)

Tawazun Council, Thales to establish Ground Master air surveillance radar production facility in UAE (WAM 21/05/2025)

G42, WWT launch Forge42 to accelerate AI innovation (WAM 21/05/2025)

UAE e-commerce market reaches AED32.3b in 2024 (WAM 21/05/2025)

IHC launches UAE-built global marketplace for AI to accelerate access to advanced intelligence (WAM 21/05/2025)

Tawazun Council, Thales to support Emirati suppliers with AED600m work packages (WAM 21/05/2025)

ADIO, e& enterprise to accelerate industrial transformation in Abu Dhabi (WAM 21/05/2025)

Tawazun Economic Programme: Enabling national economy through local, global partnerships (WAM 21/05/2025)

UAE positioned as global hub for high-quality Industries (WAM 21/05/2025)

ADNOC signs AED6b agreements to manufacture critical industrial equipment in UAE (WAM 21/05/2025)

Make it in the Emirates draws 58,000 visitors in two days (WAM 21/05/2025)

ADNOC Distribution expands ADNOC Voyager exports to 47 global markets (WAM 21/05/2025)

EMSTEEL CEO highlights AED6.2 billion boost to Abu Dhabi’s GDP (WAM 21/05/2025)

NMDC Energy, Al Gharbia to accelerate pipeline manufacturing in UAE (WAM 21/05/2025)

EDGE, ADG Mobility to manufacture specialised land systems equipment in UAE (WAM 21/05/2025)

Unprecedented growth in clean energy demand in UAE (WAM 21/05/2025)

IMKAN, Saal.ai to advance AI, Big Data in real estate (WAM 21/05/2025)

RTA launches trailer safety inspection campaign (Government of Dubai Media Office 21/05/2025)

ADNOC and Tubacex establish partnership to localise oilfield technology in Abu Dhabi (Abu Dhabi Media Office 21/05/2025)

UAE Media Council, Presight to launch smart platform for media services and AI-powered content monitoring (Abu Dhabi Media Office 21/05/2025)

UAE brands surge 22% to $88.5b with ADNOC, e& leading (Arabian Business 21/05/2025)

UAE residents prioritise health features in home purchases (Arabian Business 21/05/2025)

UAE e-commerce market to pass $13.8b by 2029 (Arabian Business 21/05/2025)

UAE car buyers prioritise warranty, sustainability in brand trust, survey (Arabian Business 21/05/2025)

Dubai Fashion Week Spring/Summer 2026 to launch this September (WAM 20/05/2025)

AD Ports Group, Advario agree liquid bulk storage of clean energy, chemicals joint venture (WAM 20/05/2025)

e& UAE unleashes region’s first 5G slicing technology (WAM 20/05/2025)

Tawazun Council, Airbus to manufacture C295 fuel tanks in UAE (WAM 20/05/2025)

ADIO, Schneider Electric partner to accelerate sustainable industrial innovation (WAM 20/05/2025)

Abu Dhabi to launch region’s first Earth Observation satellite manufacturing hub (WAM 20/05/2025)

Dubai becomes home to world's largest visa application centre (WAM 20/05/2025)

ADNOC L&S, REGENT to trial high-speed electric seagliders for offshore transportation (WAM 20/05/2025)

ROX Motor, Borouge to drive sustainable mobility, advance automotive innovation in UAE (WAM 20/05/2025)

MoIAT, Airbus to boost local aerospace capabilities (WAM 20/05/2025)

Airbus reaffirms support for UAE aviation growth (WAM 20/05/2025)

UAE launches 'Startup Global Exchange Program' to accelerate cross-border innovation (WAM 20/05/2025)

Sanad, Etihad strengthen aviation supply chain with Trent 700 engine transaction (WAM 20/05/2025)

G42, Mistral AI to build next-gen AI platforms, infrastructures (WAM 20/05/2025)

DP world to launch $2.5b logistics infrastructure investment in 2025 (WAM 20/05/2025)

UAE's first electric air taxi trial flight expected before 2025 (WAM 20/05/2025)

Brookfield, Lunate to launch $1b residential build-to-sell joint venture (WAM 20/05/2025)

Al Seer Marine awarded AED47.6m contract to deliver high-speed interceptor vessels (WAM 20/05/2025)

ADNOC, EGA sign $500 million deal to localise supply of key raw material in aluminum production (WAM 20/05/2025)

Space42: First High-Altitude Platform prototypes to be manufactured in Abu Dhabi during H2/25 (WAM 20/05/2025)

UAE stands out with a balanced budget amid regional deficits (Khaleej Times 20/05/2025)

UAE FINANCE AND ECONOMY NEWS

ADNOC’s listed companies post over US$2.3b net profit in Q1 2025 (WAM 26/05/2025)

Eighth EU-UAE Structural Dialogue on AML and Countering the Financing of Terrorism concludes (WAM 26/05/2025)

Air Arabia, Mbank transform air travel payments with AE Coin (WAM 26/05/2025)

UAE markets show resilience amid global trade optimism (Khaleej Times 26/05/2025)

DLD launches MENA’s first tokenised real estate project through ‘Prypco Mint’ platform (WAM 25/05/2025)

Ministry of Finance announces cabinet decision on tax treatment of unincorporated partnerships (WAM 24/05/2025)

UAE’s $3.7b tech economy takes spotlight at inaugural GITEX EUROPE (WAM 23/05/2025)

ISG partners with Bank of Baroda to launch UAE’s Jaywan Cards (Arabian Business 23/05/2025)

ADNOC L&S contributes AED1b to UAE economy through ICV in 2024 (WAM 22/05/2025)

Emirates Growth Fund announces first investment in Tarmeem Healthcare Holding (WAM 21/05/2025)

Lure of the Middle East: UBS, JPMorgan Chase to ramp up operations (Arabian Business 21/05/2025)

CBUAE imposes AED200m sanction on exchange house (WAM 20/05/2025)

Yalla Group reports revenue of AED308.2m in Q1 2025 (WAM 20/05/2025)

Scope of Corporate Tax Exemption expanded (WAM 20/05/2025)

Maktoum bin Mohammed issues decision to protect public employees who report financial or administrative violations (WAM 20/05/2025)

Nasdaq Dubai welcomes $500m Sukuk listed by Ajman Bank (WAM 20/05/2025)

MoIAT secures over AED40 bn in bank partnerships to drive industrial innovation (WAM 20/05/2025)

EDB launches AED1b Emirates Growth Fund to accelerate growth of UAE-based SMEs (WAM 19/05/2025)

UAE BILATERAL TRADE NEWS

UAE economic delegation visits Côte d’Ivoire to strengthen cooperation (WAM 26/05/2025)

South Africa, UAE advance satellite development initiative (WAM 26/05/2025)

Dubai Chamber of Commerce launches Brazilian Business Council (WAM 26/05/2025)

CBUAE, Azerbaijan counterpart to strengthen cooperation (WAM 26/05/2025)

UAE, Paraguay Presidents explore ways to strengthen bilateral ties (WAM 26/05/2025)

Sultan Haitham bin Tariq receives Hamdan bin Mohammed in Muscat (WAM 26/05/2025)

Mahadha Development Company to develop and operate the first phase of the Al Rawdah Special Economic Zone, Oman (WAM 26/05/2025)

UAE delegation attends 15th BRICS Trade Ministers Meeting in Brazil (WAM 23/05/2025)

Nahyan bin Mubarak receives multi-party parliamentary delegation from India (WAM 23/05/2025)

Emirates introduces experiential Travel Store in Mauritius (Government of Dubai Media Office 23/05/2025)

Dubai Chamber of Commerce organises trade mission to the Philippines, Thailand (WAM 22/05/2025)

EPointZero, IRH to decarbonise global mining operations (WAM 22/05/2025)

Abu Dhabi Government delegation concludes France visit after Global Water Summit participation (WAM 22/05/2025)

UAE’s 'DOCKTOUR ' project converts shipping containers into mobile clinics serving Africa (WAM 21/05/2025)

UAE, Bahrain explore ways to strengthen collaboration in transport, infrastructure (WAM 21/05/2025)

Dubai Business Forum–Germany introduces investment opportunities under Dubai Economic Agenda (WAM 21/05/2025)

Abdullah bin Zayed, Foreign Minister of Armenia discuss boosting cooperation (WAM 21/05/2025)

Shakhboot bin Nahyan Al Nahyan meets President of Niger (WAM 21/05/2025)

Abdullah bin Zayed, Foreign Minister of Spain discuss bilateral ties (WAM 21/05/2025)

Justice Minister, Russian counterpart launch Ministry of Justice platform at St. Petersburg Legal Forum (WAM 21/05/2025)

Japanese AI pioneer AVITA joins UAE’s NextGen FDI initiative (WAM 21/05/2025)

Shakhboot bin Nahyan Al Nahyan receives President of Senegal’s National Assembly (WAM 21/05/2025)

Emirates Stallions Group expands Saudi presence with 13,000 sqm warehouses (WAM 21/05/2025)

Shakhboot bin Nahyan Al Nahyan meets ministers from Republic of Mozambique (WAM 20/05/2025)

UAE participates in International Trademark Association's Annual Meeting in San Diego (WAM 20/05/2025)

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Written by Jenny Hunt

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

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