UAE Weekly Business News 02/02/2025
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UAE Weekly Business News: Issue 225 published 02 February 2025.
UAE FREE ZONE NEWS
DIEZ, Dubai Land Department collaborate to support Proptech sector (WAM 03/02/2025)
Dubai South concludes a successful 2024 across its different districts (Government of Dubai Media Office 02/02/2025)
Dubai Future District Fund’s 2024 Results Highlight Stronger Alignment with Dubai's D33 Agenda (Government of Dubai Media Office 02/02/2025)
Arvato opens regional logistics HQ in Dubai CommerCity to expand e-commerce services (Arabian Business 28/01/2025)
UAE VISA NEWS (inc. employment, Emiratisation, human resources, training and women)
UAE to deport 6,000 visa violators after extended amnesty (Arabian Business 03/02/2025)
UAE Golden Visa: The ultimate expat's guide to getting 10-year residency (Khaleej Times 01/02/2025)
UAE, Saudi Arabia jobs: 80% of MENA employees seek higher salaries, says new report (Arabian Business 01/02/2025)
How to deal with job loss in the UAE (Khaleej Times 30/01/2025)
Faster online visa services as ICP revamps website; new features unveiled (Khaleej Times 30/01/2025)
UAE recruitment: Rise in blue-collar and entry level jobs while white-collar roles decline (Arabian Business 28/01/2025)
UAE on track to record most millionaire migration in 2025 (Khaleej Times 27/01/2025)
UAE BUSINESS NEWS
TA’ZIZ announces $1.7b award to build first methanol plant in UAE (WAM 03/02/2025)
Diageo eyes local alcohol production as brand reveals Gulf expansion plans (Khaleej Times 03/02/2025)
Ramadan 2025: E-commerce, social media drive shopping trends in UAE (Arabian Business 03/02/2025)
Dubai real estate sector recorded $3.8b of transactions last week (Arabian Business 03/02/2025)
747 million riders used public transport, shared mobility, taxis in Dubai during 2024 (WAM 02/02/2025)
UAE solidifies leadership in solar energy, driving sustainability (WAM 02/02/2025)
Dubai International Chamber attracts 207 companies in 2024 (WAM 02/02/2025)
New UAE insurance rules: Direct payments, claim payouts start February 15 (Khaleej Times 02/02/2025)
Abu Dhabi records AED10.6b in real estate transactions in January (WAM 01/02/2025)
MoHAP launches unified national platform for health licences (WAM 01/02/2025)
ADNOC update on potential polyolefin opportunities (WAM 01/02/2025)
UAE: Top global destination for winter tourism (WAM 01/02/2025)
UAE mega projects, sustainability boost bonds, sukuk issuances (WAM 01/02/2025)
DWTC unveils February calendar of events (WAM 31/01/2025)
Maktoum bin Mohammed meets with CEO of Nestlé (WAM 31/01/2025)
UAE global hub for major events, conferences in February 2025 (WAM 31/01/2025)
UAE to host Intl Reprographic Rights Conference February 19 (WAM 31/01/2025)
flydubai partners with Ultramain Systems (Government of Dubai Media Office 31/01/2024)
Cleveland Clinic Abu Dhabi partners with BioTwin to pilot virtual human twin technology in breast cancer screening (Abu Dhabi Media Office 31/01/2025)
Dubai’s Radisson Blu Media City sold to Select Group in $54.5m deal (Arabian Business 31/01/2025)
DoH licenses Pura Longevity Clinic (WAM 30/01/2025)
DXB records highest annual traffic in 2024, celebrating decade as world’s busiest international airport (WAM 30/01/2025)
ADQ, Orion Resource Partners to establish $1.2 billion Abu Dhabi-based joint venture (WAM 30/01/2025)
UAE inaugurates first Dassault Rafale fighter jet (WAM 30/01/2025)
Dubai Chamber of Digital Economy supports establishment, expansion of 1,210 digital startups in 2024 (WAM 30/01/2025)
Unified health data framework for GCC citizens mooted at Arab Health 2025 (Arabian Business 30/01/2025)
Temu, EMX team up to elevate e-commerce fulfillment in UAE (Arabian Business 30/01/2025)
New luxury mall in Dubai to open April 2025 (Arabian Business 30/01/2025)
UAE leads innovation in rain enhancement (WAM 29/01/2025)
Over 220,000 people relocated to Dubai in first half of 2024, fueling demand for residential units (WAM 29/01/2025)
UAE firms developing strategies to adopt AI technology, massive investments readied but talent shortfall a concern (Arabian Business 29/01/2025)
Arab Health rebrands as WHX Dubai (Arabian Business 29/01/2025)
Khaled bin Mohamed bin Zayed meets Amazon President and CEO (WAM 28/01/2025)
Expected 5% growth for UAE’s infrastructure sector in 2025 (WAM 28/01/2025)
UAE earns global acclaim for its human rights efforts (WAM 28/01/2025)
Borouge secures $100mln in new supply agreements (WAM 28/01/2025)
Middle East families to experience $1 trillion transfer of generational wealth by 2030 (WAM 28/01/2025)
M42’s Imperial College London Diabetes Centre signs 2 technology agreements (Abu Dhabi Media Office 28/01/2025)
UAE construction has $772b of projects, infrastructure sector tipped to grow (Arabian Business 28/01/2025)
M42’s Danat Al Emarat Hospital for Women & Children partners with ProFaM to offer advanced reproductive health services (Abu Dhabi Media Office 27/01/2025)
UAE FINANCE AND ECONOMY NEWS
Dubai Government adds new Tabby payment option on DubaiPay (Arabian Business 03/02/2025)
Paying for coffee with crypto? Digital currency economy fast growing, say experts (Khaleej Times 02/02/2025)
In two years, cryptocurrency could become part of everyday life in the UAE (Khaleej Times 02/02/2025)
NMDC Energy revenues up 82% for the year; net profit zooms 80% (Arabian Business 31/01/2025)
Mashreq delivers AED9b net profit after tax in 2024 (WAM 30/01/2025)
EasyLease revenue surges to AED456m in 2024 (WAM 30/01/2025)
Dubai Financial Market achieves total revenues of AED632.3m in 2024 (WAM 30/01/2025)
UAE’s crypto regulation offers model for others as new report reveals rising extremist funding in Europe (Arabian Business 30/01/2025)
DFSA co-leads report on AI’s impact in financial services (Arabian Business 30/01/2025)
National Bank of Fujairah reports AED850.1m in net profit for 2024 (WAM 29/01/2025)
CBUAE’s 2024 achievements drive momentum towards bright future for financial sector (WAM 29/01/2025)
Al Seer Marine reports revenue of AED1.281b (WAM 29/01/2025)
Emirates NBD posts AED23b profit after tax in 2024 in 2024 (WAM 29/01/2025)
Emirates Islamic reports profit before tax of AED3.1b in 2024 (WAM 29/01/2025)
CBUAE maintains interest rates unchanged at 4.40% (WAM 29/01/2025)
UAE banking sector assets surge to AED4.46t (Khaleej Times 29/01/2025)
UAE strides towards digital payments, but 23% of transactions are in cash (Arabian Business 29/01/2025)
Dubai Science Park drives life science innovation at Arab Health (WAM 28/01/2025)
ADIB logs AED6.1b in net profit for 2024 (WAM 28/01/2025)
Arab Financial Services Expands into UAE to enhance digital payments ecosystem (Arabian Business 28/01/2025)
Careem Pay launches fee-free remittance service, undercuts traditional exchanges (Arabian Business 28/01/2025)
ESG Emirates Stallions Group's revenue reaches AED1.2b in 2024 (WAM 27/01/2025)
UAE stocks witness highest foreign buying in Q4 2024 among GCC peers (Khaleej Times 27/01/2025)
UAE M&A NEWS
Alpha Dhabi acquires 73.73% interest in National Corporation for Tourism and Hotels (WAM 29/01/2025)
Abu Dhabi’s Lunate to acquire minority stake in ADNOC Gas Pipelines from Snam (Arabian Business 29/01/2025)
PureHealth acquires majority stake in Greece-Cyprus healthcare provider Hellenic Healthcare Group (Abu Dhabi Media Office 28/01/2025)
UAE BILATERAL TRADE NEWS
Promising opportunities in banking sector between UAE, Kuwait (WAM 03/02/2025)
M42, Bahrain Royal Medical Services form strategic alliance (WAM 02/02/2025)
Dragon Oil achieves success in exploration drilling at East Crystal Well in Gulf of Suez (WAM 01/02/2025)
UAE supplies Japan with 45.6% of oil imports in December 2024 (WAM 01/02/2025)
AD Ports Group selects lead developer for Marsa Zayed Beachfront Development’s first phase in Aqaba (WAM 31/01/2025)
Abu Dhabi Judicial Department, GCC delegation discuss cooperation (WAM 30/01/2025)
AD Ports Group starts port, logistics operations in Luanda, Angola (WAM 30/01/2025)
UAE, Hungary discuss deepening trade, investment ties (WAM 30/01/2025)
Nahyan bin Mubarak, Uzbek delegation discuss enhancing cooperation (WAM 30/01/2025)
Estonia keen to strengthen digital health ties with UAE (WAM 30/01/2025)
Dubai Holding Entertainment makes it easy for Chinese visitors (Arabian Business 30/01/2025)
dnata, Royal Jordanian strengthen long-standing catering partnership (Arabian Business 30/01/2025)
UAE President receives Hungarian Prime Minister (WAM 29/01/2025)
Hamdan bin Mohammed receives official invitation from Indian Prime Minister to visit country in April (WAM 29/01/2025)
UAE President receives Indian Minister of External Affairs (WAM 28/01/2025)
Estonia showcases digital health leadership at Arab Health (WAM 28/01/2025)
(WAM 27/01/2025)
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Written by Jenny Hunt
Founder, Gateway Group, Abu Dhabi and Dubai, United Arab Emirates
FORBES' Top 100 Most Influential Women in the Middle East
