UAE Weekly Business News 02/04/23
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UAE Weekly Business News, Issue 130. 3rd April 2023.
UAE free zones news headlines
ADGM’s Registration Authority imposes financial penalties of $38,000 against Half Moon (WAM 30/03/2023)
DIFC Courts reinforces commitment to sustainability with IT infrastructure at world's largest solar-powered green data centre (WAM 30/03/2023)
DFM introduces 'Omnibus Accounts' to enhance market access (WAM 29/03/2023)
RAKEZ launches first-of-its-kind self-storage facility in Ras Al Khaimah (WAM 28/03/2023)
UAE employment and visa news
Nigerian soldier and Egyptian policeman among hundreds of Dubai taxi driver applicants (The National 01/04/2023)
Ambulatory Healthcare Services opens new visa screening centre in Mussafah (WAM 30/03/2023)
DLD's Cube Centre showcases advantages of e-property residence visa system (WAM 29/03/2023)
UAE leaders honour companies for embracing Emiratisation (The National 29/03/2023)
UAE business and economy news
ADCEB and ADNEC Group Joint Fund launched to further develop business tourism in Abu Dhabi (Abu Dhabi Media Office 03/04/2023)
Why we should give back to our business during Ramadan (The National 03/04/2023)
Investopia partnership drives investment into Smart Clinics in UAE and Middle East (The National 03/04/2023)
UAE will voluntarily cut oil output by 144,000bpd from May through year-end (WAM 02/04/2023)
Annual Investment Meeting tackles global market challenges, future investment opportunities (WAM 02/04/2023)
ADIHEX announces guidelines for buying, selling hunting and shooting equipment online (WAM 02/04/2023)
Dubai Supreme Council of Energy reviews DEWA’s achievements in AI and data management (WAM 02/04/2023)
Dubai opens two bridges as part of AED5.3b traffic plan (The National 02/04/2023)
Dubai Supreme Council of Energy approves final stage of laws regulating district cooling (The National 02/04/2023)
Emirati astronaut Hazzaa Al Mansoori becomes first Arab increment lead for an ISS expedition, marking another milestone for longest Arab space mission (WAM 01/04/2023)
DCT Abu Dhabi launches ‘Pace is Everything’ social media campaign (WAM 01/04/2023)
Dubai Police forge strategic alliances with ten banks to enhance security and tackle economic crimes (WAM 01/04/2023)
UAE is a country where nothing is impossible: Al-Jundi journal, April Issue (WAM 01/04/2023)
Drivers back Abu Dhabi's 120kph minimum speed limit plan (The National 01/04/2023)
Dubai records over AED8.6b in weeklong real estate transactions (WAM 31/03/2023)
CBUAE revokes licence of MTS Bank branch in Abu Dhabi (WAM 31/03/2023)
UAE wins bid to host third ICAO Conference on Aviation and Alternative Fuels (WAM 31/03/2023)
Expo 2020 Dubai projected to add AED154.9b to UAE economy from 2013-2042 (WAM 31/03/2023)
AD Ports Group invests in latest VTMIS technology to enhance maritime safety, efficiency (WAM 31/03/2023)
Ramadan 2023 Initiative: Supporting Emirati families, emerging businesses in providing meals to the less fortunate (WAM 31/03/2023)
Dubai International Boat Show highlights local marine industry's global appeal (WAM 31/03/2023)
Oman-Etihad Rail Company board reviews progress of UAE-Oman Railway Network Project (WAM 31/03/2023)
Improved investor sentiments continue to drive UAE financial markets (WAM 31/03/2023)
$3b UAE-Oman rail network to create jobs and boost economy (The National 31/03/2023)
Central bank digital currencies and gaming to drive blockchain adoption (The National 31/03/2023)
Extended timings for Dubai malls and leisure destinations (The National 31/03/2023)
UAE ranks first regionally, third globally in emerging markets index (The National 31/03/2023)
DFM, Dubai Chamber of Commerce launch comprehensive programme to fast-track businesses’ journey to IPO (WAM 30/03/2023)
Local Press: UAE's genome project will benefit the entire Arab world (WAM 30/03/2023)
More choice for travellers at DXB as FitsAir increases flights (WAM 30/03/2023)
Emirates and United activate codeshare partnership to enhance connectivity to US (WAM 30/03/2023)
UAE Council for Artificial Intelligence and blockchain discusses the adoption of AI technologies in developing digital services (WAM 30/03/2023)
EAD announces Sustainable Exploitation Index increased from 8.9% in 2018 to 69.1% in 2022 (WAM 30/03/2023)
Middle East interior design community to meet at INDEX to explore industry’s future (WAM 30/03/2023)
Aldar, Mubadala to develop new commercial assets on Al Maryah Island (WAM 30/03/2023)
Crisis and Emergency Management Summit – Abu Dhabi 2023 to take place in emirate (Abu Dhabi Media Office 30/03/2023)
Why the co-founder of Baidu is bringing his life sciences start-up to Abu Dhabi (The National 30/03/2023)
Etihad Airways and China Southern Airlines to expand codeshares (The National 30/03/2023)
AD Ports Group launches container shipping service from Khalifa Port to Hamad and Shuwaikh/Shuaiba Port (WAM 29/03/2023)
ADU’s Business and Management Studies advances by 250 places in QS World University Rankings by Subject 2023 (WAM 29/03/2023)
UAE President issues an Emiri decree appointing Khaled bi Zayed as Crown Prince of Abu Dhabi (WAM 29/03/2023)
UAE President issues two Emiri decrees appointing Hazza bin Zayed and Tahnoun bin Zayed as Deputy Ruler of Abu Dhabi (WAM 29/03/2023)
UAE President issues a resolution to appoint Mansour bin Zayed as UAE Vice President (WAM 29/03/2023)
Mohamed bin Zayed issues an Emiri decree restructuring Abu Dhabi Executive Council (WAM 29/03/2023)
UAE Council for Environmental and Municipal Work discusses national environmental goals, explores key issues and projects (WAM 29/03/2023)
Mohammed bin Rashid chairs UAE Cabinet, approves 24 national initiatives to double re-export within seven years (WAM 29/03/2023)
Mohamed bin Zayed, Mohammed bin Rashid attend launch of ‘National Genome Strategy’ (WAM 29/03/2023)
Dubai International Chamber facilitates expansion of Dubai companies into foreign markets (WAM 29/03/2023)
ADNOC L&S unveils world-scale Integrated Logistics Services Platform (WAM 29/03/2023)
Etihad Airways completes inaugural flight to Beijing Daxing International Airport (WAM 29/03/2023)
DEWA’s electricity transmission and distribution lines reached 42,586.71 kms last year (WAM 29/03/2023)
Dubai starts programme to develop apps and train 1,000 Emiratis (The National 29/03/2023)
Presight AI soars 143% in trading debut on ADX (WAM 28/03/2023)
Zayed University launches UAE’s first master of science in counselling psychology programme (WAM 28/03/2023)
Majlis Mohamed bin Zayed Ramadan 2023 lectures announced (WAM 28/03/2023)
Dubai Airports recognised as one of Best Employer Brands in LinkedIn MENA Talent Awards (WAM 28/03/2023)
UAE President, Vice President receive progress update on preparations to host COP28 (WAM 28/03/2023)
Emirates resumes Christchurch route after 3 years (WAM 28/03/2023)
Department of Health - Abu Dhabi appoints Abu Dhabi Stem Cells Centre as Centre of Excellence in stem cell transplantation (Abu Dhabi Media Office 28/03/2023)
Abu Dhabi Police launches Global Sustainability report 2022 (Abu Dhabi Media Office 28/03/2023)
Why AI is a game changer for GCC investors (The National 28/03/2023)
UAE spending on digital technology to hit $20b by 2026, BCG says (The National 28/03/2023)
UAE-reared lambs highlight future of sustainable livestock farming (The National 28/03/2023)
Mena e-commerce market hit $37b in 2022 as internet usage grows (The National 28/03/2023)
Real GDP growth projected to expand by 4.3% in 2024: Central Bank (WAM 27/03/2023)
UAE Mergers & Acquisitions
Adnoc and BP make an offer to acquire 50% of Israel's NewMed Energy (The National 28/03/2023)
Abu Dhabi's Noor Capital completes acquisition of UK's House of Borse (The National 27/03/2023)
UAE bilateral trade news
UAE participates in education technology exhibition in London (WAM 02/04/2023)
Canadian Ambassador to UAE welcomes launch of Canada-UAE Sovereign Wealth Fund Council (WAM 01/04/2023)
UAE participates in meeting of G20’s TIWG in Mumbai (WAM 31/03/2023)
UAE-Israel Comprehensive Economic Partnership Agreement to come into force on 1st April (WAM 30/03/2023)
Proposed Costa Rica-UAE CEPA will bring economic, social benefits to both peoples (WAM 29/03/2023)
UAE, Costa Rica launch preliminary CEPA negotiations (WAM 28/03/2023)
Borouge supplies materials worth AED120m for mega projects in Middle East and Africa (WAM 28/03/2023)
UAE and Israel sign customs agreement to activate CEPA and strengthen economic cooperation (WAM 27/03/2023)
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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
