UAE Weekly Business News 28/04/2025

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UAE Weekly Business News: Issue 236 published 28 April 2025.

UAE FREE ZONE NEWS

DMCC announces 7% growth in Indian companiesv(WAM 28/04/2025)

RTA Opens 1.8 km Flyover to Facilitate Dubai Investment Park Traffic Flow (Government of Dubai Media Office 26/04/2025)

Dubai CommerCity partners with qeen.ai, Portmind to accelerate AI adoption within free zone (WAM 25/04/2025)

Dubai free zones to gain from Trump tariff policies as businesses eye neutral UAE (Arabian Business 25/04/2025)

Ayu Life Sciences to invest AED33m in medical manufacturing facility at JAFZA (Government of Dubai Media Office 24/04/2025)

AKI unveils 1 million sqft fulfilment centre in Dubai Industrial City (Arabian Business 24/04/2025)

DIEZ hosts over 700 AI-specialised companies (WAM 23/04/2025)

TAQA Distribution, ADGM offer digital billing solutions for residents of Al Maryah, Al Reem Islands (WAM 23/04/2025)

ADGM FSRA publishes 2025-2026 Business Plan (WAM 23/04/2025)

DMCC Tradeflow secures shariah certification (WAM 22/04/2025)

Ports, Customs and Free Zone Corporation launches comprehensive Artificial Intelligence Strategy (WAM 22/04/2025)

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

UAE jobs: Rotana to hire over 1,000 employees as it launches new hotels in the country, overseas (Khaleej Times28/04/2025)

Will employees pay for visa, hiring costs when resigning during probation? (Khaleej Times 27/04/2025)

Wynn Al Marjan jobs live ahead of 2027 opening (Arabian Business 26/04/2025)

Dubai Health Authority signs MoU to train leadership in artificial intelligence (WAM 25/04/2025)

UAE committed to shaping just, secure digital future for women (WAM 25/04/2025)

UAE jobs: Etihad Airways to hold career fair for Emiratis on May 22 (Khaleej Times 25/04/2025)

UAE visas for Bangladeshis in talks amid rising economic ties, Cepa discussions (Khaleej Times 24/04/2025)

UAE Global Cadres to empower Emirati talents to play influential role in financial, economic sectors globally (WAM 23/04/2025)

33% of Dubai government jobs at risk from AI, clerical roles most exposed, study finds

GPSSA calls on insured Emiratis to merge employment years to qualify for lucrative pension amount once retired (WAM 22/04/2025)

DET, KHDA unveil ‘Jobs of the Future’ report (WAM 22/04/2025)

UAE jobs: Soon, AI will be able to perform 25% of work tasks, warns report (Khaleej Times 22/04/2025)

'From 60 to near zero days': Emirates Group cuts down hiring time as AI helps streamline process (Khaleej Times 22/04/2025)

UAE BUSINESS NEWS

EWEC announces signing of Power Purchase Agreement for Shuweihat 1 (WAM 28/04/2025)

Borouge set to boost production capacity to over 6.6 million tonnes (WAM 28/04/2025)

GISEC Global 2025 to kick off on May 6 with participation of 160 countries (WAM 28/04/2025)

MoHESR updates recognition procedures for foreign higher education qualifications (WAM 28/04/2025)

Emirates, flydubai joint network carries over 5 million passengers in 2024 (WAM 28/04/2025)

flydubai’s seasonal summer network grows to 11 destinations (WAM 28/04/2025)

Dubai Safari Park announces 67% increase in ticket sales (Government of Dubai Media Office 28/04/2025)

Emirates signs MoUs with eight global tourism authorities (Government of Dubai Media Office 28/04/2025)

Emirates partners with Hapag-Lloyd Cruises (Government of Dubai Media Office 28/04/2025)

Department of Culture and Tourism – Abu Dhabi and Abu Dhabi Hospitality Academy – Les Roches partner to establish Visitor Experience (VX) Academy (Abu Dhabi Media Office 28/04/2025)

Etihad Airways expands fleet with new aircraft to meet growing demand of travel sector (Abu Dhabi Media Office 28/04/2025)

Etihad Airways committed to 34 million target despite tariff row, delivery issues (Khaleej Times 28/04/2025)

Emirates to launch first long-range Airbus A350 on flights to Australia starting December 1 (Khaleej Times 28/04/2025)

Dubai announces new land law (Arabian Business 28/04/2025)

Dubai real estate recorded $6.2b of transactions last week (Arabian Business 28/04/2025)

Dubai branded residences to double as demand surges, buyers ready to pay 69% premium (Arabian Business 28/04/2025)

Low-cost carriers playing a big role in Middle East aviation growth (Arabian Business 28/04/2025)

1.4 million overnight guests experience Abu Dhabi in Q1 2025 (Arabian Business 28/04/2025)

DWTC delivers AED22.3b in economic output in 2024, driven by record increase in large scale events (WAM 27/04/2025)

UAE shapes future with pioneering digital infrastructure, AI innovation (WAM 27/04/2025)

UAE Council for Entrepreneurship highlights plans to enhance business environment, support SME growth (WAM 27/04/2025)

DHA strengthens patient data security with NABIDH initiative (WAM 27/04/2025)

Dubai Municipality to highlight its pioneering tourism projects at Arabian Travel Market 2025 (WAM 27/04/2025)

Abu Dhabi tourism records strong start to Q1 2025 (Abu Dhabi Media Office 27/04/2025)

BENO launches new yacht charter lounge at Dubai’s Marsa Al Arab Marina (Arabian Business 27/04/2025)

Dragon Oil signs strategic agreements, MoUs at GOTECH 2025 (WAM 26/04/2025)

Dubai announces new AI@70 summit (Arabian Business 26/04/2025)

RTA obtains IP rights for solar-powered Abra design (WAM 25/04/2025)

Abu Dhabi advances precision medicine for Alzheimer’s disease patients (WAM 25/04/2025)

Abu Dhabi School of Management, Polinum Group launch ‘AI Academy’ (WAM 25/04/2025)

Abu Dhabi to host 'HYROX', world's largest indoor fitness race in July (WAM 25/04/2025)

JAFZA One Convention Centre to host UAE’s largest business networking event  (Khaleej Times 25/04/2025)

UAE boosts intellectual property protection to drive innovation, economic competitiveness (Arabian Business 25/04/2025)

DP World’s hydrogen-powered RTG crane enters second stage of field tests (Arabian Business 25/04/2025)

‘We’re not here to compete on volume’: DHG Holding on bringing AI-powered smart living to Dubai’s property market (Arabian Business 25/04/2025)

GCC real estate hits $78.2b in Q1 (Arabian Business 25/04/2025)

47% SMEs in the UAE faced cyberattacks, leading to bankruptcies, closures (Arabian Business 25/04/2025)

43% surge in commercial vehicles, 33% growth in vehicle rental firms in 2024 (WAM 24/04/2025)

Ramadan travel to UAE up 6% (WAM 24/04/2025)

DP World sourcing 65% of electricity from renewables across its business (WAM 24/04/2025)

Dubai Holding Asset Management opens Nad Al Sheba Mall (WAM 24/04/2025)

Dubai emerges as global launchpad for AI startups (WAM 24/04/2025)

UAE sets global benchmark in AI (WAM 24/04/2025)

Khalifa University ranks 37th in Asia, tops UAE in THE Asia University Rankings 2025 (WAM 24/04/2025)

Dubai tourism enjoys 3% y-o-y growth during Q1 2025 (WAM 24/04/2025)

Abu Dhabi Real Estate Centre records 34.5% growth in real estate transactions to AED25.3b in Q1 2025 (Abu Dhabi Media Office 24/04/2025)

Robot delivery to expand as food, grocery orders in Dubai completed in less than 20 minutes  (Khaleej Times 24/04/2025)

Abu Dhabi real estate transactions jump to $6.9b in Q1 (Arabian Business 24/04/2025)

Dubai residential real estate sales up 30% in Q1 (Arabian Business 24/04/2025)

Dubai’s Mada Media launches single platform for all out-of-home advertising permits (Arabian Business 24/04/2025)

Virtual tech and full-scale projections to drive UAE construction growth to AED181b by 2028 (Arabian Business 24/04/2025)

Dubai property watchdog monitors over 279,000 listings with new AI platform (Arabian Business 24/04/2025)

YouTube reports massive increase in creators in Saudi, Egypt and UAE taking slice of $70b payout (Arabian Business 24/04/2025)

GCAA grants Design Acceptance for first hybrid heliport at Zayed Port (WAM 23/04/2025)

Digital Dubai, Dubai Future Foundation launch inaugural 'Dubai State of AI Report' (WAM 23/04/2025)

UAE ranks among top emerging economies in AI Readiness: BCG Study (WAM 23/04/2025)

UAE advancing as global AI hub, says NVIDIA Regional Executive (WAM 23/04/2025)

UAEFA organises UAE Legal Workshop 2025 in Dubai (WAM 23/04/2025)

UAE witnessing institutionalised AI governance (WAM 23/04/2025)

Green spaces, public transport bolster Abu Dhabi’s 2025 IMD Smart City Index ranking (WAM 23/04/2025)

Mohammed bin Rashid issues law on public health in Dubai (WAM 23/04/2025)

UAE prioritises comprehensive care for senior citizens with new 'Barakatna' initiative (WAM 23/04/2025)

Dubai Health Authority leverages AI-powered 'Genesys' system in contact centre services (WAM 23/04/2025)

Dubai Health becomes first government entity in Middle East to leverage AI-powered 'Genesys' system (WAM 23/04/2025)

ADNOC Distribution, noon to redefine quick-commerce convenience  (WAM 23/04/2025)

Innovation Oasis and Advance AgriTech Academy launches in Al Ain (Abu Dhabi Media Office 23/04/2025)

Super rich drive Middle East luxury real estate boom (Khaleej Times 23/04/2025)

UAE Minister warns against over-regulating AI, cites example from history (Khaleej Times 23/04/2025)

Dubai office market to expand by 415,000 square metres through 2026 (Arabian Business 23/04/2025)

Emaar announces rent support for lake-facing F&B outlets in Dubai Mall, Souk Al Bahar (Arabian Business 23/04/2025)

UAE wealth growth drives record real estate transactions (Arabian Business 23/04/2025)

AED2b hyperscale data centre announced at Dubai AI Week 2025 (WAM 22/04/2025)

Abu Dhabi Health Data Services, Syndesis Health to advance AI-driven genomic analytics, drug discovery (WAM 22/04/2025)

Dubai to host WHX Tech healthcare exhibition in September (WAM 22/04/2025)

Sheikh Shakhbout Medical City introduces dedicated cancer 'Survivorship Clinic' (WAM 22/04/2025)

Abu Dhabi Police warn against online fraud ads, fake auctions (WAM 22/04/2025)

UAE President launches 'Barakatna' initiative to enhance wellbeing of senior citizens in Abu Dhabi (WAM 22/04/2025)

Abu Dhabi Police issue warning over fraudulent online sales, recruitment and real estate (Arabian Business 22/04/2025)

UAE appoints Badr Jafar as Special Envoy for Business and Philanthropy (Arabian Business 22/04/2025)

UAE fintech market to reach $6.43b by 2030 (Arabian Business 22/04/2025)

Abu Dhabi real estate report identifies best ROI for investors with one area seeing 9.95% rent yields (Arabian Business 22/04/2025)

Dubai real estate market grows 23% in Q1 2025 as villa sales lead surge (Arabian Business 22/04/2025)

Unilever rolls out major sustainability drive in UAE in bid to boost sales, shift consumer behaviour (Arabian Business 22/04/2025)

UAEV partners with AW Rostamani to boost electric vehicle adoption (Arabian Business 22/04/2025)

UAE FINANCE AND ECONOMY NEWS

IHC, ADQ, FAB pioneer UAE Dirham-backed stablecoin for digital economy (WAM 28/04/2025)

Multiply Group reports AED210m in net profit for Q1-25 (WAM 28/04/2025)

MoHRE launches ‘Digital Wallet’ to provide integrated financial services to companies (WAM 28/04/2025)

ENOC Group reports strong 2024 performance (WAM 28/04/2025)

Destination Hong Kong: Middle East countries diversifying their investments (Khaleej Times28/04/2025)

UAE listings to get more diverse with tech startup’s IPO on the cards (Khaleej Times27/04/2025)

UAE’s debt capital market on track to hit $350b by 2026 despite headwinds (Khaleej Times27/04/2025)

Ajman Bank successfully prices US$500m inaugural 5-year Sukuk (WAM 25/04/2025)

EasyLease Q1 revenue jumps 71% to $45.3m (Arabian Business 25/04/2025)

RockawayX launches UAE HQ, unveils Solana City to position Dubai as global blockchain hub (Arabian Business 25/04/2025)

UAE’s ruya becomes first global Islamic bank to offer Shari’ah-compliant crypto trading (Arabian Business 25/04/2025)

Dubai Islamic Bank delivers exceptional Q1 2025 performance (WAM 24/04/2025)

Commercial Bank of Dubai Q1 net profit rises 18.1% (Khaleej Times24/04/2025)

Startups in Abu Dhabi’s Hub71 secured $2.17b in funding last year (Arabian Business 24/04/2025)

UAE fintech Pay10 first to launch on Central Bank’s open finance framework (Arabian Business 24/04/2025)

PayPal expands in MENA with new Dubai hub (WAM 23/04/2025)

Islamic Treasury Sukuk Auction for April 2025 attracts bids worth AED6.1b (WAM 23/04/2025)

ADIB's Q1 net profit before tax up 18% y-o-y to AED1.9b (WAM 23/04/2025)

Maktoum bin Mohammed meets with PayPal’s President of Global Markets (WAM 23/04/2025)

AI drives major gains for DAMAC Properties (WAM 23/04/2025)

UAE insurance market expected to witness 20% growth (Khaleej Times23/04/2025)

Abu Dhabi shares witness highest overseas buying among GCC peers in first quarter (Khaleej Times23/04/2025)

UAE fintech market to reach $3.56 billion in 2025: Forbes report (WAM 22/04/2025)

ADNOC launches 'Make it with ADNOC' App to boost local manufacturing, industrial growth (WAM 22/04/2025)

Dubai Chambers, flydubai sign MoU to support global expansion of local business community (WAM 22/04/2025)

Huspy launches GCC’s first AI-powered mortgage chatbot (WAM 22/04/2025)

DAE receives additional $282m from settlement of insurance claims (WAM 22/04/2025)

Emirates Islamic quarterly profit surpasses AED1b milestone (WAM 22/04/2025)

UBF’s AGM approves 2025 strategy to further develop banking sector (WAM 22/04/2025)

Emirates NBD’s profit before tax rises to AED7.8b in Q1 (WAM 22/04/2025)

ADCB rated strongest banking brand in UAE for 2nd consecutive year (WAM 22/04/2025)

UAE GDP to rise by 5% next year, become second-fastest growing GCC economy (Khaleej Times22/04/2025)

UAE fintech market to reach $6.43b by 2030  (Arabian Business 22/04/2025)

UAE BILATERAL TRADE NEWS

Abdullah bin Zayed receives Foreign Minister of Peru; discusses strengthening bilateral cooperation (WAM 28/04/2025)

US$2.5b trade exchange between Peru and the UAE (WAM 28/04/2025)

UAE participates in second BRICS Sherpa meeting (WAM 28/04/2025)

UAE President, Australian Governor-General discuss bilateral relations (WAM 28/04/2025)

Dubai’s BonBird opens first Oman restaurant in Muscat expansion (Arabian Business 28/04/2025)

Austrian Minister praises UAE for its values of excellence, global openness (WAM 27/04/2025)

Dubai Chamber of Commerce concludes trade mission in Maputo with 356 business-to-business meetings (WAM 27/04/2025)

Oman, UAE boost bilateral trade, investment ties at Advantage Oman Forum (WAM 27/04/2025)

UAE delegation concludes official visit to Morocco to strengthen cooperation in combating money laundering, terrorism financing (WAM 26/04/2025)

UAE, Malta hold first round of Joint Committee meetings in Abu Dhabi (WAM 26/04/2025)

Khaldoon Al Mubarak meets with key officials in Washington to advance discussions around UAE investment plans (WAM 26/04/2025)

UAE, Germany seeking stronger trade ties (WAM 25/04/2025)

Abu Dhabi Customs showcases AI-driven digital transformation to Jordanian delegation (WAM 25/04/2025)

Dubai Chamber of Commerce launches Slovak Business Council (WAM 25/04/2025)

Aramco extends NMDC Energy’s Long-Term Agreement by three years  (Arabian Business 25/04/2025)

Dubai Centre for AI, South African AI Association to launch AI trade & investment hub (WAM 24/04/2025)

Dubai Chamber of Commerce launches Peruvian Business Council (WAM 24/04/2025)

UAE President, Austrian Chancellor discuss bilateral relations (WAM 24/04/2025)

UAE participates in first China-GCC Forum on Peaceful Use of Nuclear Technology (WAM 24/04/2025)

Dubai Chamber of Commerce launches Peruvian Business Council (Government of Dubai Media Office 24/04/2025)

Abdullah bin Zayed, FM of France discuss strengthening strategic relations (WAM 24/04/2025)

UAE, Korea review achievements of peaceful nuclear energy cooperation (WAM 23/04/2025)

UAE to participate in International Convention against Doping in Sport in Paris (WAM 23/04/2025)

Abdullah bin Zayed, PM of Nepal discuss strengthening bilateral cooperation (WAM 23/04/2025)

Dubai Chamber of Commerce organises 252 bilateral business meetings in Luanda to enhance cooperation between companies in Dubai, Angola (WAM 23/04/2025)

UAE, Mexican Presidents discuss strengthening bilateral relations in phone call (WAM 23/04/2025)

EDGE demonstrates advanced autonomous aerial capabilities in Brazil (WAM 22/04/2025)

Abdullah bin Zayed meets Foreign Minister of Sri Lanka in Colombo (WAM 22/04/2025)

President of Sri Lanka receives Abdullah bin Zayed, discusses bilateral relations (WAM 22/04/2025)

Uzbekistan eyes UAE collaboration at upcoming UNESCO Conference (WAM 22/04/2025)

Comoros inaugurates 6.3MW solar plant funded by ADFD to enhance renewable energy access (WAM 22/04/2025)

Abu Dhabi Projects and Infrastructure Centre showcases emirate’s approach to infrastructure development at Global Leadership Forum in Madrid (Abu Dhabi Media Office 22/04/2025)

Donald Trump to visit Saudi Arabia, UAE and Qatar from May 13 (Arabian Business 22/04/2025)

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Written by Jenny Hunt

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

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