UAE Weekly Business News 03/03/2025
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UAE Weekly Business News: Issue 229 published 03 March 2025.
UAE FREE ZONE NEWS
DIFC: $12b hedge fund seeks interns to join Dubai office (Arabian Business 03/03/2025)
DFSA regulated firms up 31% in 2024 (WAM 27/02/2025)
ADGM sees 245% growth in assets under management in 2024 (WAM 27/02/2025)
SRTI Park, Italian Institutions sign pact to attract investments (WAM 25/02/2025)
UAE’s Spring Valley to build $50mn agro-commodity hub at JAFZA, targeting regional food security (Arabian Business 25/02/2025)
UAE VISA NEWS (inc. employment, Emiratisation, human resources, training and women)
Dubai property: Golden visas give confidence to foreign investors of tenants staying longer (Khaleej Times 03/03/2025)
GCC labour force hits 31.8m, women’s participation rises sharply since 2011 (Arabian Business 03/03/2025)
UAE jobs: AI, data, digital roles among fastest-growing careers (Arabian Business 03/03/2025)
UAE grants 16,500 Golden Visas to outstanding students, specialists (Khaleej Times 01/03/2025)
UAE residence visa: Dubai launches new ‘Salama’ platform for instant renewals (Arabian Business 01/03/2025)
UAE BUSINESS NEWS
DEWA, Parkin support future of electric vehicles with new charging stations in Q1 2025 (WAM 03/03/2025)
Weaker Indian rupee boosts UAE dirham: Food prices may drop by up to 15% (Khaleej Times 03/03/2025)
Flydubai announces flights to 3 new destinations in Iran (Arabian Business 03/03/2025)
Abu Dhabi real estate transactions hit $4.7b in two months (Arabian Business 03/03/2025)
Emirates announces new flights to China, Vietnam and Cambodia, boosts Asia network to 269 weekly flights (Arabian Business 03/03/2025)
Dubai real estate sector recorded $5.2b of transactions last week (Arabian Business 03/03/2025)
Dubai's energy demand rises 5.4% in 2024 (WAM 02/03/2025)
UAE: Hub for startup growth, entrepreneurship (WAM 02/03/2025)
RTA signs AED6b agreement with Dubai Holding to enhance access to key developments across emirate (WAM 02/03/2025)
UAE consolidating its position as strategic destination for FDI (WAM 01/03/2025)
Why do so many millionaires want to live in Dubai? (Khaleej Times 01/03/2025)
Saturday first day of Ramadan in UAE (WAM 28/02/2025)
DP World handled over 1 million vehicles in 2024 (WAM 28/02/2025)
Creative Media Authority, Roots Production Studios to enhance Abu Dhabi’s creative industries (WAM 28/02/2025)
UICCA, Ministry of Economy partner to reinforce sustainability through launch of Circular Economy Cycle (WAM 28/02/2025)
MBRSC hosts NASA’s Moon to Mars Architecture Workshop in Dubai (WAM 28/02/2025)
RTA completes Al Rowaiyah Truck Rest Stop expansion (WAM 28/02/2025)
Abu Dhabi Department of Energy hosts Energy & Water Forum (WAM 28/02/2025)
UAE real estate developer announces $1.1bn project pipeline (Arabian Business 28/02/2025)
Etihad increases Madrid flights, boosts ties with Air Europa (Arabian Business 28/02/2025)
UAE shoppers to spend $10b in retail sector during Ramadan this year (Arabian Business 28/02/2025)
Abu Dhabi Global Health Week unveils Startup Zone (WAM 27/02/2025)
Cleveland Clinic Abu Dhabi's international patients up 35% in 2024 (WAM 27/02/2025)
Etihad Airways, Air Europa to expand strategic partnership (WAM 27/02/2025)
MBRSC announces details of launch of Etihad-SAT (WAM 27/02/2025)
ADNOC signs 15-year SPA with Osaka Gas for Ruwais LNG project (WAM 27/02/2025)
GCC markets account for 52% of Dubai Chamber of Commerce members’ exports and re-exports in 2024 (Government of Dubai Media Office 27/02/2025)
Ramadan 2025: Dubai announces Metro, bus and paid parking times (Arabian Business 27/02/2025)
Cyberattacks expected to surge during Ramadan in UAE as online shopping peaks (Arabian Business 27/02/2025)
Ras Al Khaimah’s casino island could yield property investment returns over 100%, brokers claim (Arabian Business 27/02/2025)
ADDED, ADREC partner to empower Emirati real estate agents in Al Ain (WAM 26/02/2025)
Fintech contributes 8.7% to UAE GDP (WAM 26/02/2025)
DIFC Announces Consultation for Amendments to Select DIFC Legislation through DIFC Law Amendment Law (Government of Dubai Media Office 26/02/2025)
Abu Dhabi Investment Office partners with Shanghai Municipal Commission of Commerce to boost Chinese trade and investment (Abu Dhabi Media Office 26/02/2025)
UAE cyber threats: Over 223,000 assets still potentially exposed (Arabian Business 26/02/2025)
Oravel Stays plans to launch 15 SUNDAY Hotels in Dubai in 2025 (Arabian Business 26/02/2025)
Dubai real estate: Ramadan ‘a golden window’ for property market investment (Arabian Business 26/02/2025)
Dubai’s Hala launches electric taxi fleet with no extra cost (Arabian Business 26/02/2025)
Visitors set to stay longer on Yas Island (Arabian Business 26/02/2025)
Dubai plans free Wi-Fi at 43 locations (Arabian Business 26/02/2025)
UAE travellers choose international destinations; Maldives tops list of Eid Al-Fitr (Arabian Business 26/02/2025)
Ministry of Higher Education and Scientific Research, Times Higher Education to assess UAE’s higher education landscape (WAM 25/02/2025)
UAE Cyber Security Council, CPX unveil Cybersecurity Report 2025 (WAM 25/02/2025)
Masdar, TAQA, Eni sign agreement to support tripartite initiative (WAM 25/02/2025)
Dubai DET, Amadeus to foster innovation in travel technology (WAM 25/02/2025)
159 companies fined for unwanted telemarketing calls in Dubai (WAM 25/02/2025)
EDGE fortifies strategic alliance with Italy's ELT Group (WAM 25/02/2025)
Burjeel Holdings secures landmark O&M contracts worth AED225m (WAM 25/02/2025)
flydubai grows its seasonal summer network with the launch of flights to Antalya (Government of Dubai Media Office 25/02/2025)
Emirates and Garuda Indonesia expand partnership (Government of Dubai Media Office 25/02/2025)
How supply issues impacted real estate in Dubai, Abu Dhabi and across the UAE in 2024 (Arabian Business 25/02/2025)
UAE megaprojects 2025: 50 massive developments set to transform the nation (Arabian Business 25/02/2025)
National Guard, Abu Dhabi Airports sign cooperation agreement (WAM 24/02/2025)
Tadweer Group to launch region’s first AI-driven Integrated Waste Management Platform (WAM 24/02/2025)
Abu Dhabi Mobility inaugurates Al-Aliah Ferry Terminal (WAM 24/02/2025)
UAE FINANCE AND ECONOMY NEWS
Hubpay partners with Aquanow to launch UAE’s first regulated crypto payments facility for businesses (Arabian Business 28/02/2025)
UAE's first domestic card scheme launched (WAM 27/02/2025)
Space42 reports $629m in revenues during 2024 (WAM 27/02/2025)
UAE Central Bank says infrastructure ready to launch Jaywan card locally, globally (Khaleej Times 27/02/2025)
Financial advisors launch UAE real estate tax guide (Arabian Business 27/02/2025)
Venture builder Disrupt.com to invest $100m to fuel AI-first startups from the UAE (Arabian Business 27/02/2025)
UAE Savings Scheme offers workers alternative end of service benefits and investment opportunities (Arabian Business 27/02/2025)
e& reports AED10.8b net profit in 2024 (WAM 26/02/2025)
LuLu Financial Holdings: $19 billion in annual transactions (WAM 26/02/2025)
UAE’s Hubpay aims to cut business account processing time from 3 months to 24 hours (Arabian Business 26/02/2025)
ADX daily trading volume up 27.5% since start of 2025 (WAM 25/02/2025)
FAB End of Service Benefits Funds secure final approval (WAM 25/02/2025)
SCA imposes AED1.15m fines on non-compliant companies to enhance financial integrity (WAM 25/02/2025)
UAE small businesses reap benefits as Muwafaq package supports SME tax compliance (Arabian Business 25/02/2025)
Al Ansari’s CashTrans partners with Sharjah Islamic Bank to enhance cash management services (Arabian Business 25/02/2025)
IHC achieves landmark growth in 2024 (WAM 24/02/2025)
ADX unveils 'ADX Group' to advance Abu Dhabi’s investment landscape (WAM 24/02/2025)
UAE M&A NEWS
UAE and Saudi Arabia lead MENA M&A activity to over $92b in 2024 (Arabian Business 27/02/2025)
e& to sell 40% stake in Khazna Data Center Holdings for $2.2b (Arabian Business 26/02/2025)
Multiply Group signs landmark investment with CVC, PAI Partners to secure 67.91% stake in Tendam (WAM 25/02/2025)
UAE BILATERAL TRADE NEWS
Dubai International Chamber supports TouchForce IT Solutions’ expansion into Nigeria (WAM 03/03/2025)
UAE-India Cepa ignites big trade boom, nears $100b target (Khaleej Times 03/03/2025)
Russian-speaking investors open 30 clinics in Dubai since 2023, fueling healthcare boom (Arabian Business 03/03/2025)
UAE India Business Council announces research initiatives to further drive bilateral trade potential (Arabian Business 03/03/2025)
Chinese and Russian investors dazzled by Dubai real estate market (Arabian Business 03/03/2025)
EAD delegation meets with Governor of Tokyo on mission to Japan (WAM 28/02/2025)
Dubai Chamber of Commerce launches Indonesian Business Council (WAM 28/02/2025)
UAE, Kazakhstan discuss enhancing sports cooperation (WAM 27/02/2025)
UAE investments in Türkiye exceed $6 bn in recent years (WAM 27/02/2025)
UAE a promising destination for scientific, academic cooperation: President of the Hong Kong University of Science and Technology (WAM 27/02/2025)
ADIO, Italy’s Cassa Depositi e Prestiti forge strategic partnership to strengthen bilateral investment, trade (WAM 27/02/2025)
Crown Prince of Abu Dhabi, Prime Minister of Pakistan discuss bilateral relations, witness signing of cooperation agreements (WAM 27/02/2025)
Crown Prince of Abu Dhabi, President of Pakistan discuss strengthening bilateral relations (WAM 27/02/2025)
UAE President meets Mauritanian Prime Minister; receives message from President of Mauritania (WAM 26/02/2025)
UAE President receives phone call from Indonesian President (WAM 25/02/2025)
UAE, European Parliament bolstering relations (WAM 25/02/2025)
UAE President, Italian Prime Minister witness exchange of agreements, memoranda of understanding (WAM 24/02/2025)
UAE, Italy sign three investment memoranda to facilitate cooperation in pharmaceuticals, minerals, data centres, AI (WAM 24/02/2025)
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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
