UAE Weekly Business News 04/09/23
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UAE Weekly Business News, Issue 152. 4th September 2023.
UAE free zones news
DIFC announces proposed amendments to select legislation (WAM 31/08/2023)
ADGM’s Registration Authority fines KPMG Lower Gulf Limited for audit failings (WAM 31/08/2023)
TDeFi to offer $100,000 to selected Web3 startups as part of accelerator at dmcc crypto centre (WAM 31/08/2023)
RAKEZ boosts customer experience through value-added services (WAM 30/08/2023)
Shams signs MoU with South Korean MBC (WAM 30/08/2023)
DIFC: Spanish finance giant Alantra opens Dubai office (Arabian Business 30/08/2023)
Dubai CommerCity unveils 'Logi-Flow' to empower small and medium businesses in realm of digital commerce (WAM 29/08/2023)
UAE employment, visa and Emiratisation news
Can woman sponsored by husband work without changing visa status? (Khaleej Times 03/09/2023)
Choithrams launches all-women operated store (Khaleej Times 01/09/2023)
Which digital marketing jobs are in demand in the UAE? (The National 31/08/2023)
UPS fires Dubai staff, shuts down ISMEA region HQ (Arabian Business 31/08/2023)
565 companies involved in ‘fake Emiratisation’ cases, over 17,000 private establishments hire Emiratis (WAM 30/08/2023)
More than 500 UAE companies fined over Emiratisation rules (The National 30/08/2023)
Abu Dhabi Businesswomen Council, Flat6Labs launch boot camp to upskill female entrepreneurs (WAM 30/08/2023)
UAE firms face $27,200 fine over fake Emiratisation (Arabian Business 30/08/2023)
UAE visit visa: Types, cost, process explained (Arabian Business 30/08/2023)
Dubai Chamber of Digital Economy launches Emirati Training Academy to empower digital talent (WAM 29/08/2023)
Emirates Institute of Finance launches cohort 2 of 'Ethraa' Emiratisation programme (WAM 29/08/2023)
MoHRE commends establishments’ deep commitment to Midday Break (WAM 29/08/2023)
New teachers already see longer-term future in the UAE (The National 29/08/2023)
UAE announces 59 Midday Break violations amid afternoon inspections (Arabian Business 29/08/2023)
Amazon UAE launches development programme for Emiratis (Arabian Business 29/08/2023)
UAE long-term employee benefit plans to create $100b investment opportunity (Arabian Business 29/08/2023)
2nd Emirati Women Achievers campaign honours 23 outstanding Emirati women (WAM 28/08/2023)
Who can travel to UAE without visa? (Khaleej Times 28/08/2023)
How multiple visa options are making it easier for tourists to come back for more (Khaleej Times 28/08/2023)
UAE business and trade news
Global Village achieves consecutive international recognition for outstanding health and safety standards (Government of Dubai Media Office 04/09/2023)
India’s IndiGo connects North Goa with Abu Dhabi with triweekly flight services (Arabian Business 04/09/2023)
UAE Astronaut Programme: A track record of scientific discovery (WAM 03/09/2023)
Sultan AlNeyadi sets historic milestone as he completes longest space mission in Arab history (WAM 03/09/2023)
Sultan AlNeyadi conducts over 200 advanced research experiments on board ISS (WAM 03/09/2023)
Dubai real estate to see double-digit returns, says Damac chairman (Khaleej Times 03/09/2023)
UAE announces national lottery and commercial gaming authority (Arabian Business 03/09/2023)
DEWA commissioned seven new 132kV transmission substations in H1 2023 (WAM 02/09/2023)
Environment Agency Abu Dhabi completes first-of-its-kind acoustic survey of UAE waters (WAM 02/09/2023)
DubaiDestinations 2023 summer campaign draws to a close with unprecedented engagement (WAM 02/09/2023)
Dubai to host 'World Summit for Clinical Chemistry and Laboratory Medicine 2024' (Government of Dubai Media Office 02/09/2023)
New luxury mall opened in Dubai (Arabian Business 02/09/2023)
Marriott announces W Al Marjan Island hotel to open in 2027 (Arabian Business 02/09/2023)
$6.7b of Dubai real estate transactions this week (Arabian Business 02/09/2023)
ADNEC Group launches charter flights to Europe, Central Asia to attract tourists to Abu Dhabi (WAM 01/09/2023)
Dubai rents only going up, ‘bad news’ for tenants as UAE population booms (Arabian Business 01/09/2023)
Abu Dhabi International Airport to welcome travellers to new terminal starting November 2023 (WAM 31/08/2023)
Etisalat by e& attains TM Forum's silver certification for Open API conformance (WAM 31/08/2023)
dnata cuts CO2 emissions by 80 tonnes per year with Biofuel switch in UAE (WAM 31/08/2023)
Etihad Cargo boosts belly hold cargo capacity with expanded winter schedule (WAM 31/08/2023)
flydubai launches flights to Mombasa, Kenya (WAM 31/08/2023)
Gas Safety Committee ensures emirate-wide LPG system safety with three new circulars (WAM 31/08/2023)
Abu Dhabi Judiciary issues 3,621 multilingual judgements in two years (WAM 31/08/2023)
UAE Press: Middle East's digital economy boom will stretch far beyond the Gulf (WAM 31/08/2023)
Energy transition 'will boost long-term aluminium demand' (The National 31/08/2023)
Medical Tourism: From Luxury Hues to Surgery Suites (Khaleej Times 31/08/2023)
UAE hikes fuel prices for 3rd month in a row; here's why (Khaleej Times 31/08/2023)
Dubai unveils new-look abra stations (Arabian Business 31/08/2023)
Dubai Municipality launches online portal to provide easy access to land, property data (WAM 30/08/2023)
DEWA’s R&D Centre files new patent for innovative method to improve battery performance (WAM 30/08/2023)
UAE's non-oil foreign trade benefits from visionary leadership's strategic approach: Thani Al Zeyoudi (WAM 30/08/2023)
Emirates achieves IATA Environmental Assessment Certification (WAM 30/08/2023)
NCM launches campaign to investigate performance of different cloud seeding materials (WAM 30/08/2023)
Abu Dhabi wins bid to host 63rd International Congress and Convention Association Congress (Abu Dhabi Media Office 30/08/2023)
Department of Health - Abu Dhabi expands partnerships to support development of life sciences sector in the emirate (Abu Dhabi Media Office 30/08/2023)
Emirates Palace, the hotel that introduced Abu Dhabi to the world (The National 30/08/2023)
King’s College Hospital Dubai: Leading the way in complex liver cancer treatment (Khaleej Times 30/08/2023)
UAE races to become major player in the global fashion scene (Arabian Business 30/08/2023)
etisalat by e& completes groundbreaking 5G-advanced network speed trials (WAM 29/08/2023)
Five new private schools begin operating in Dubai in the 2023-24 academic year (WAM 29/08/2023)
DCT Abu Dhabi extends holiday homes permits to include farmhouses (WAM 29/08/2023)
MoHAP to develop comprehensive women's health policy (WAM 29/08/2023)
Q Properties awards a AED1.7b construction tender for Reem Hills Phase 1 villas (WAM 29/08/2023)
MBZUAI continues research efforts to advance artificial intelligence as global force for humanity (WAM 29/08/2023)
ADU ranks as 13th top university globally in ‘Times Higher Education Rankings’ 2023 (WAM 29/08/2023)
Securing global supply key to digital economy growth, UAE minister says (The National 29/08/2023)
UAE in top 10 most powerful passports for investment opportunity (The National 29/08/2023)
UAE inflation eases as transportation cost falls (Khaleej Times 29/08/2023)
The vital role of community management in real estate (Khaleej Times 29/08/2023)
Dubai Airports to receive record 88m passengers in 2024 (Khaleej Times 29/08/2023)
Middle East leads global tourism pandemic recovery (Arabian Business 29/08/2023)
McDonald’s builds ‘restaurant of the future’ in UAE (Arabian Business 29/08/2023)
Dubai real estate ‘attractive’ and ‘speculative bubbles’ preventable (Arabian Business 29/08/2023)
Athleisure dominates Dubai fashion scene with homegrown retailers moving to cash in (Arabian Business 29/08/2023)
Abu Dhabi Customs completes staff accommodation project in Al Ghuwaifat worth AED46.5m (WAM 28/08/2023)
Emirati Women pioneering the nuclear sector in the UAE (WAM 28/08/2023)
Dubai Chamber of Commerce showcases benefits of ‘Business Sectors Platform’ for business (WAM 28/08/2023)
Brics membership to boost UAE's trade ties with Global South, Minister of Economy says (The National 28/08/2023)
Defying global trends Dubai's office market thrives in Q2 (Khaleej Times 28/08/2023)
Dubai, Abu Dhabi real estate surges as global millionaires flock to UAE property market (Arabian Business 28/08/2023)
Innoventures Education schools report 16% increase in enrolments (Arabian Business 28/08/2023)
UAE financial news
Dubai's Alkhair Capital launches $100m fund for HealthTech investments (The National 04/09/2023)
UAE equities buck global downtrend in August (Khaleej Times 04/09/2023)
UAE corporate tax: Small businesses can opt for tax relief and submit simplified tax return (Khaleej Times 03/09/2023)
UAE and Saudi lead $43.8b M&A activity (Khaleej Times 02/09/2023)
Over 2.5m deals worth AED136.4b conducted on DFM in eight months (WAM 01/09/2023)
Over 34,800 new investor accounts established on DFM over 8-month period (WAM 01/09/2023)
UAE ultra-rich, family offices to contribute $500b to economy by 2026 (Arabian Business 01/09/2023)
UAE economy expected to grow by 3.5% in 2023, 3.9% in 2024: UBS (WAM 31/08/2023)
National banks give AED745.6b in credit facilities to business in H1 2023 (WAM 31/08/2023)
EGA announces net profit of AED2.0b for H1 2023 (WAM 31/08/2023)
UAE leads first-half Mena M&A deal activity driven by sovereign funds (The National 31/08/2023)
UAE 'on course' to reach $1tn non-oil trade target by 2031 (The National 31/08/2023)
Banking sector fintec major Zafin eyes $5b market with early AI product launch in Middle East (Arabian Business 31/08/2023)
ADX launches Investment Outlook Report (WAM 30/08/2023)
UAE non-oil foreign trade hits all-time high of AED1.2t in H1 2023 (WAM 30/08/2023)
G42’s Inception releases Arabic language open-source Al model 'Jais' (WAM 30/08/2023)
Emaar Properties considers higher shareholder dividends, no plans to float noon: Alabbar (WAM 30/08/2023)
Region records strongest post-Covid tourism rebound globally, HSBC says (The National 30/08/2023)
Middle East's digital economy to hit $780b by 2030 and outpace global growth (The National 30/08/2023)
Dubai's Qarar and Biz2X to create Saudi Arabia's biggest SME lending platform (The National 29/08/2023)
GCC's asset management market to hit $500bn in onshore assets by 2026 (The National 29/08/2023)
Pioneering women shaping the future of finance in the UAE (WAM 28/08/2023)
UAE mergers and acquisitions news
UAE bilateral trade news
UAE, Brazil launch partnership to exchange knowledge, expertise in economy (WAM 03/09/2023)
Abdullah bin Zayed and Deputy Prime Minister of Albania discuss prospects for bilateral cooperation (WAM 03/09/2023)
The UAE and Singapore: countries with much in common (The National 02/09/2023)
‘UAE Hall’ inaugurated at Moscow Government Institute of International Relations (WAM 01/09/2023)
UAE, New Zealand enter preliminary discussions on CEPA (WAM 01/09/2023)
Ministry of Education signs MoU with Council of Higher Education in Türkiye (WAM 01/09/2023)
Historic CEPA to add new vigour to Vietnam-UAE ties (WAM 01/09/2023)
Jet Airways revival: UAE’s Murari Lal Jalan pays India banks $12m as takeover nears (Arabian Business 01/09/2023)
US denies blocking export of microchips to Middle East nations (Arabian Business 01/09/2023)
UAE-Vietnam trade deal expected in 2023 (Arabian Business 01/09/2023)
UAE, Palau sign initial air services agreement in principle (WAM 31/08/2023)
UAE’s CEPAs with Türkiye and Indonesia come into force (WAM 31/08/2023)
Mohamed Al Hussaini explores collaboration in financial services with UK Trade Envoy to UAE (WAM 30/08/2023)
UAE participates in meeting of Arab Economic and Social Council’s Economic Committee in Cairo (WAM 28/08/2023)
Why the India-UAE deal to trade in local currencies matters (The National 28/08/2023)
Tabreed named preferred bidder for district cooling project in India (The National 28/08/2023)
Leading up to COP28 in the UAE
30th November-12th December 2023
COP28 provides a fresh opportunity to unite global efforts to reduce carbon emissions (WAM 03/09/2023)
Climate startups to share Cop28 stage (The National 03/09/2023)
COP28: Dates, meaning, daily schedule, venue, everything you need to know (Arabian Business 31/08/2023)
COP28 Presidency urges adaptation efforts at Korea Global Adaptation Week (WAM 30/08/2023)
UAE highlights vital role culture can play in accelerating climate action (WAM 30/08/2023)
Under patronage of Sheikha Fatima, GWU, COP28 organise session on ‘Emirati women and sustainable environment' (WAM 29/08/2023)
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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
25 Best Abu Dhabi Blogs And Websites (Ranked 5th, 26th August 2023, Feedspot)