UAE Weekly Business News 02/12/2024
On the occasion of the UAE's 53rd Eid Al Etihad, Gateway Group wishes congratulations to the UAE's leaders, citizens and residents.
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UAE Weekly Business News: Issue 216 published 02 December 2024.
UAE FREE ZONE NEWS
KEZAD Group announces dedicated zone for aquaculture and related industries (Arabian Business 29/11/2024)
ADQ, Finnforel explore feasibility of developing cutting-edge fish farming facility in KEZAD (WAM 28/11/2024)
Bank of Communications Co. Ltd. Expands Global Footprint in the Middle East with DIFC Branch (Government of Dubai Media Office 28/11/2024)
twofour54 unveils three fully purposed services to strengthen Abu Dhabi's media ecosystem (WAM 27/11/2024)
Nasdaq Dubai Celebrates the listing of US$2b Bonds by China’s Ministry of Finance (Government of Dubai Media Office 27/11/2024)
DFSA takes decisive action by finalising eight enforcement cases in 2024 against individuals, firms (WAM 26/11/2024)
(WAM 25/11/2024)
UAE VISA NEWS (inc. employment, Emiratisation, human resources, training and women)
Dubai: Is it mandatory for Golden Visa holders to renew yearly health insurance? (Khaleej Times 01/12/2024)
Abu Dhabi Pension Fund retirement scheme continues to offer flexibility to retiring citizens (Abu Dhabi Media Office 28/11/2024)
Private sector companies in the UAE pledge to make 30% of management roles occupied by women (Arabian Business 27/11/2024)
Emirati women have all means to excel, innovate: Nora AlMatrooshi (WAM 26/11/2024)
UAE BUSINESS NEWS
Alabbar: Noon ‘close’ to being largest delivery company in UAE, ‘this is our hometown’ (Arabian Business 02/12/2024)
Branded residence demand in Dubai could see 20% price surge as international investors eye lifestyle upgrade (Arabian Business 02/12/2024)
Dubai real estate: Off-plan property sales increase by over 50% as demand outstrips supply (Arabian Business 02/12/2024)
How the UAE’s Generation Alpha are savvy digital consumers with children as young as 8 shopping independently online (Arabian Business 02/12/2024)
UAE motorists are turning to short-term rental vehicles amid seasonal user trends: Yango (Arabian Business 02/12/2024)
Ride-hailing service Bolt launched in UAE (Arabian Business 02/12/2024)
UAE celebrates 53rd Eid Al Etihad with nationwide festivities (WAM 01/12/2024)
UAE hosts WeProtect Global Summit 2024 (WAM 01/12/2024)
Abu Dhabi real estate market thriving with apartment and villa prices up over 8% (Arabian Business 01/12/2024)
Dubai real estate sector recorded $3.7bn of transactions last week (Arabian Business 01/12/2024)
Abu Dhabi Customs showcases its initiatives, future plans for facilitating trade during Abu Dhabi Business Week (WAM 30/11/2024)
Emirates' flights to Baghdad cancelled until December 14 (Khaleej Times 30/11/2024)
UAE to steadfastly uphold values of its fallen heroes, says President on Commemoration Day (WAM 29/11/2024)
AED6.2b in deals at Global Food Week in Abu Dhabi (WAM 29/11/2024)
Global Manufacturing and Industrialisation Summit to take place during Abu Dhabi Business Week (WAM 29/11/2024)
6th Abu Dhabi International Boat Show concludes showcase of maritime technologies, equipment and services (Abu Dhabi Media Office 29/11/2024)
Inaugural Open-Source AI Summit Abu Dhabi advances global dialogue on future of AI (Abu Dhabi Media Office 29/11/2024)
India’s Akasa Air to launch direct flights to Abu Dhabi from Bengaluru, Ahmedabad (Arabian Business 29/11/2024)
Etihad to double Africa network in 2025; new routes to Egypt, Kenya, Tunisia and Algeria planned (Arabian Business 29/11/2024)
Dazed MENA launches under ITP Media Group (Arabian Business 29/11/2024)
MoEI,MoIAT launch National Industry Sustainability Initiative (WAM 28/11/2024)
RTA announces variable Salik, parking tariff system (WAM 28/11/2024)
GMC panel discusses fact-checking in disinformation age (WAM 28/11/2024)
2024 State of Scams in UAE survey reveals 65% scam awareness (WAM 28/11/2024)
Cleveland Clinic Abu Dhabi named top research hospital in UAE for second year running (WAM 28/11/2024)
Abu Dhabi Accountability Authority, Department of Government Enablement launch Community of Practice for internal auditors (WAM 28/11/2024)
Bedayat Business Incubator, Dubai SME’s Hamdan Innovation Incubator launch Emirati Tech Founder Programme (WAM 28/11/2024)
Abu Dhabi Coffee Hub takes centre stage at Global Food Week 2024 (WAM 28/11/2024)
Dubai Chambers, Standard Chartered to support international expansion of local businesses (WAM 28/11/2024)
Lulu launches 'Al Emarat Awwal' initiative to support local products (WAM 28/11/2024)
Khalifa University, Lockheed Martin sign MoU to enhance collaboration on aerospace, defence technologies (WAM 28/11/2024)
ADAFSA signs strategic partnership with TII address pressing challenges in agricultural sector (WAM 28/11/2024)
Wizz Air Abu Dhabi launches new route to Varna, Bulgaria (WAM 28/11/2024)
Salik collaborates with Parkonic, the largest private parking operator in the UAE, and expands geographically for the first time beyond the Emirate of Dubai (Government of Dubai Media Office 28/11/2024)
UAE consumer spending surges to $3.7b in Q3 (Khaleej Times 28/11/2024)
'Biggest challenge': Dubai's Emirates always ready to expand but faces aircraft shortage, says airline chief (Khaleej Times 28/11/2024)
e& unveils climate transition plan to achieve net-zero by 2050 (Arabian Business 28/11/2024)
Majority UAE businesses have a ‘clear, shared vision’ for AI (Arabian Business 28/11/2024)
Dubai real estate outperforms London and New York with superior 7% investment yields and double-digit price increases (Arabian Business 28/11/2024)
Silal signs Musataha agreement with KEZAD to launch innovative AgTech projects in Al Ain (WAM 27/11/2024)
Global Media Congress: NMO Chairman outlines comprehensive vision for evolution of UAE’s media sector (WAM 27/11/2024)
Investopia announces 4th edition of its annual summit in Abu Dhabi; signs 15 new partnerships with leading national, international institutions (WAM 27/11/2024)
Global Women’s Forum: Leading entities call for Win-Win initiatives to ensure female entrepreneurs gain funds (WAM 27/11/2024)
Global Women's Forum: UAE shines in women’s economic inclusion (WAM 27/11/2024)
Global Women’s Forum: UAE women leaders advocate for tech skills, soft skills in career growth (WAM 27/11/2024)
Environment Agency – Abu Dhabi and Abu Dhabi Public Health Centre launch public consultation survey to identify environmental solutions (Abu Dhabi Media Office 27/11/2024)
PureHealth AI-enabled app, Pura, launches diabetes care module for enhanced glucose management in patients (Abu Dhabi Media Office 27/11/2024)
UAE launches region’s first and only licensed lottery with AED100m top prize (Arabian Business 27/11/2024)
Air Astana gets access to Etihad’s global network through codeshare (Arabian Business 27/11/2024)
Dubai Insurance, Aster DM Healthcare partner to launch tailored health insurance plan (Arabian Business 27/11/2024)
UK tech venture Transreport launches new app to simplify travel in UAE (Arabian Business 27/11/2024)
Eyewa raises $100m in Series C funding round, plans 100 new stores in 2025 (Arabian Business 27/11/2024)
ADNOC to drive over $54b into UAE economy via In-Country Value programme (Arabian Business 27/11/2024)
ENEC, ADNOC to explore use of advanced nuclear technologies, excess heat utilisation for oil, gas operations (WAM 26/11/2024)
Awqaf Abu Dhabi outlines vision for transforming food security (WAM 26/11/2024)
Abu Dhabi Finance Week unveils agenda for 2024 edition (WAM 26/11/2024)
Khalifa Fund champions UAE F&B projects at Abu Dhabi International Food Exhibition 2024 (WAM 26/11/2024)
ADQCC, ADPHC announce Nutri-Mark at ADIFE 2024 (WAM 26/11/2024)
Second Global Aviation and Aerospace Skills Task Force Meeting concludes in Abu Dhabi (WAM 26/11/2024)
Interstitial Lung Disease Summit 2024 brings together 140 MENA healthcare professionals (WAM 26/11/2024)
Abu Dhabi Chamber projects UAE food, beverage sector’s revenues to reach AED141b in 2024 (WAM 26/11/2024)
DCT Abu Dhabi concludes Annual Overseas Conference to strengthen global tourism patnerships (WAM 26/11/2024)
MAIR Group rebrands Abu Dhabi Cooperative Society (ADCOOP) merging seven leading brands under single identity (Abu Dhabi Media Office 26/11/2024)
Global real estate leaders to convene in Dubai for global event in December (Arabian Business 26/11/2024)
UAE, Saudi Arabia set for industrial equipment investment boom as Chinese firms eye regional expansion (Arabian Business 26/11/2024)
Crysp Farms, Alesca Technologies to deploy 500 vertical farms across Middle East (Arabian Business 26/11/2024)
Abu Dhabi introduces non-invasive liquid biopsy test for colorectal cancer screening (WAM 25/11/2024)
flydubai adds Al Alamein in Egypt to its seasonal summer routes (WAM 25/11/2024)
TRANSCO strengthens UAE power system resilience with new projects (WAM 25/11/2024)
Abu Dhabi to host European Arab Medical Congress (WAM 25/11/2024)
Etihad Airways unveils 10 new routes (WAM 25/11/2024)
Sheikh Hamdan highlights Dubai real estate market’s importance as transactions pass $170b in 2024 (Arabian Business 25/11/2024)
UAE FINANCE AND ECONOMY NEWS
Dubai equities buck declining GCC trend (Khaleej Times 01/12/2024)
Mohamed Al Hussaini discusses financial cooperation with Jordan’s Minister of Finance (WAM 29/11/2024)
UAE first in region to gain observer status in Eurasian Group to Combat Money Laundering and Terrorism Financing (WAM 29/11/2024)
Talabat increases IPO size to 20% (Khaleej Times 28/11/2024)
Abu Dhabi's MAIR Group to list in ADX next month (Khaleej Times 28/11/2024)
Alef Education included in MSCI UAE Small Cap Index (Khaleej Times 28/11/2024)
Ministry of Finance advances government finance statistics in UAE (WAM 27/11/2024)
Union Coop explores public joint-stock transition (WAM 26/11/2024)
Al Hussaini discusses strategic cooperation with World Bank VP (WAM 26/11/2024)
Rising Dubai population boosts emirate's stock market (Khaleej Times 26/11/2024)
Singaporean fund invests $1.4b in Dubai real estate developer (Arabian Business 26/11/2024)
UAE's non-oil economy expected to grow 4.7% in 2024 (WAM 25/11/2024)
FNC approves Union General Budget for fiscal year 2025 (WAM 25/11/2024)
eToro witnesses steady growth in the UAE (Khaleej Times 25/11/2024)
UAE M&A NEWS
Masdar closes deal to acquire TERNA ENERGY (WAM 28/11/2024)
Mubadala Capital to take Canada’s CI Financial private in $3.34b deal (Arabian Business 26/11/2024)
UAE BILATERAL TRADE NEWS
Mansour bin Zayed leads UAE delegation to 45th GCC Summit in Kuwait (WAM 01/12/2024)
UAE, Saudi Arabia: Historical bond rooted in unity, shared vision (WAM 01/12/2024)
'Creativity and Research' Art Exhibition marks 40 years of UAE-China relations in Beijing (WAM 30/11/2024)
UAE-China: Strong partnership driving development milestones (WAM 28/11/2024)
UAE, Texas ink MoU on driving licence recognition, replacement (WAM 28/11/2024)
UAE participates in Arab Ministerial Water Council meeting in Jordan (WAM 28/11/2024)
UAE, Sweden strengthen cooperation to combat organised crime (WAM 28/11/2024)
Pakistan's Ambassador: Cooperation with UAE enhances women's empowerment, contributes to sustainable development (WAM 28/11/2024)
Abdullah bin Zayed receives Prime Minister of Côte d’Ivoire (WAM 28/11/2024)
UAE, Azerbaijan sign MoU worth $5m to support demining (WAM 27/11/2024)
WAM signs cooperation agreements with Ethiopian News Agency; Viory (WAM 27/11/2024)
Bahrain Youth Minister praises historical UAE-Bahrain ties at Global Women's Forum Dubai 2024 (WAM 27/11/2024)
Pakistan’s First Lady: UAE model for others to follow (WAM 27/11/2024)
UAE, Bahraini ministries of industry issue joint statement on cooperation in national in-country value programmes (WAM 26/11/2024)
Mohammed bin Rashid meets with President of Philippines (WAM 26/11/2024)
Crown Prince of Abu Dhabi, Crown Prince of Bahrain discuss strengthening bilateral relations (WAM 26/11/2024)
UAE and Ireland’s Continuous Ventures team up to support high-potential tech startups (Arabian Business 26/11/2024)
UAE-Finland Business Council discusses boosting mutual investments (WAM 25/11/2024)
High-level UAE delegation visits Turkmenistan to discuss advancing bilateral relations in strategic sectors (WAM 25/11/2024)
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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
