UAE Weekly Business News 08/07/2024
Welcome to Gateway Group's weekly collation of trade and investment headlines shaping the economy in Abu Dhabi and Dubai.
Stay up to date with UAE Business
UAE Weekly Business News is the quick and easy way to stay informed about crucial UAE business news and laws, conveniently in one place.
How to use this resource
Scan the headlines and click the ones you want to read in full.
Every Monday
UAE Weekly Business News is published every Monday. Subscribe to our blog to receive it in your inbox automatically. It's FREE.
UAE Weekly Business News: Issue 196 published 08 July 2024.
UAE FREE ZONE NEWS
Free zone’s Qualifying Commodities Traders can enjoy 0% tax (Khaleej Times 08/07/2024)
RAKEZ, AHK boost Ras Al Khaimah’s business outlook through networking event for German investors (WAM 05/07/2024)
DFZ Council emphasises role of technology in enhancing transaction safety, attracting foreign investments (WAM 02/07/2024)
UAE VISA NEWS (inc. employment, Emiratisation, human resources, training and women)
Applying for visa? Now get digitally-stamped bank statements for free (Khaleej Times 08/07/2024)
Minister of Human Resources and Emiratisation continues reviewing private sector’s compliance with Midday Break (WAM 05/07/2024)
Pakistan envoy urges citizens to abide by UAE visit visa rules or risk being sent home (The National 04/07/2024)
UAE announces 2 companies to offer alternative end of service savings schemes (Arabian Business 04/07/2024)
UAE jobs: Do you really need a university degree to secure a high-paying role? Experts weigh in (Arabian Business 04/07/2024)
UAE jobs: Doctors and teachers versus cold callers and influencers as professions with best reputations revealed (Arabian Business 04/07/2024)
Why the UAE could see a rush to hire talented workers this year (The National 03/07/2024)
UAE jobs: Gen Z workers show climate concern, lack ‘green skills’, have ‘eco-anxiety’, says new LinkedIn report (Arabian Business 03/07/2024)
Jobs in the Middle East: Healthcare and engineering jobs in demand, journalists and copywriters declining while time management and communication are key skills (Arabian Business 03/07/2024)
UAE announces paid holiday for Islamic New Year (Arabian Business 02/07/2024)
UAE BUSINESS NEWS
Ministry of Energy and Infrastructure launches Satgate project to enhance maritime mapping (WAM 08/07/2024)
Dubai Customs launches blockchain platform for enhanced commercial efficiency and transparency (Government of Dubai Media Office 08/07/2024)
Abu Dhabi Quality and Conformity Council partners with Abu Dhabi Global Market on inspections to ensure product safety in the emirate (Abu Dhabi Media Office 08/07/2024)
Sheikh Zayed Mosque among top tourist attractions (The National 08/07/2024)
Dubai residents say new metro stations will help save money (Khaleej Times 08/07/2024)
Dubai businessmen launch low-cost airline Air Kerala, plan to slash prices for expats (Khaleej Times 08/07/2024)
Dubai real estate sector recorded $3.9b of transactions last week (Arabian Business 08/07/2024)
Makyee is leading the way in fast and digital currency-enabled real estate transactions (Arabian Business 08/07/2024)
Dubai’s DAMAC Group bets big on AI with $50m investment in Anthropic (Arabian Business 08/07/2024)
Dubai Customs, Dubai Chambers discuss joint cooperation, support for Dubai Economic Agenda goals (WAM 07/07/2024)
Petroleum Products Trading Regulatory Committee in Abu Dhabi to launch platform for consultation and communication (WAM 07/07/2024)
UAE’s merchandise, services trade reach AED4.61t in 2023 (Khaleej Times 07/07/2024)
Demand for branded residences remains strong amid Dubai property boom (The National 06/07/2024)
UAE travel giant dnata reports 35% increase in summer international bookings (Arabian Business 06/07/2024)
ADIO drives key community projects in Abu Dhabi (WAM 05/07/2024)
Brand Dubai releases new guide as part of latest phase of #DubaiDestinations campaign (WAM 05/07/2024)
UAE ranked 10th best destination to live and work for expats in 2024 (The National 05/07/2024)
Adnoc says it cut 6.2m tonnes in greenhouse gas emissions last year (The National 05/07/2024)
UAE used car market set to double to $48.15b by 2030: Report (Arabian Business 05/07/2024)
Pure Gold’s PG Real Estate announces AED1b investment plan (Arabian Business 05/07/2024)
Taaleem revenue grows 15% as enrolment surge (Arabian Business 05/07/2024)
Food People, UAE Restaurants Group partner to boost F&B recruitment (Arabian Business 05/07/2024)
ADNOC and JBIC sign $3b green financing agreement (WAM 04/07/2024)
Abu Dhabi Agriculture and Food Security Week to be held next November with wide international participation (WAM 04/07/2024)
Dubai Chamber of Commerce encourages private sector participation in ‘Parent-friendly Label’ programme (WAM 04/07/2024)
One million passengers benefit from ‘on-demand bus service’ (WAM 04/07/2024)
10th World Green Economy Summit to be held on October 2 (WAM 04/07/2024)
Dubai to develop world's largest, most advanced car market (WAM 04/07/2024)
Dubai announces MASSIVE 20m square foot car market, targets $3.8b sales (Arabian Business 04/07/2024)
Loyalty programmes drive online shopping in UAE to hit $5.5b till half-way 2024 (Arabian Business 04/07/2024)
Middle East airline traffic up 9.7% in May: IATA (Arabian Business 04/07/2024)
ADEK, Khalifa University launch STEM programme (WAM 03/07/2024)
FANR showcases UAE’s capacity building in nuclear regulatory sector at IAEA’s international conference (WAM 03/07/2024)
Dubai Chambers partners with Aramex to enhance services offered to business community (WAM 03/07/2024)
7X unveils expansion plans to strengthen global network (WAM 03/07/2024)
ADU partners with Burjeel Holdings to advance clinical research (WAM 03/07/2024)
Abu Dhabi airports recorded 22.4 million travellers in 2023 (WAM 03/07/2024)
UAE shoppers use Snapchat for buying on social platforms, says new DHL report (Arabian Business 03/07/2024)
Dubai Centre for Family Businesses discusses ‘Uses of Waqf, Foundations, and Trusts in Family Businesses’ (WAM 02/07/2024)
Abu Dhabi Quality and Conformity Council launches UAE’s first Honey Quality Laboratory (WAM 02/07/2024)
Environment Agency-Abu Dhabi, TotalEnergies to partner on conservation and restoration of coastal ecosystems (WAM 02/07/2024)
flydubai touches down in Islamabad, Lahore (WAM 02/07/2024)
SEC forms medical committee for home nursing service (WAM 02/07/2024)
Dubai real estate: Property sales volume surges 30% due to strong demand (Arabian Business 02/07/2024)
New Dubai nature-inspired mall will open in 2026 (Arabian Business 02/07/2024)
Dubai updates energy demand strategy to push efficiency savings (Arabian Business 02/07/2024)
Dubai’s Taaleem gets exclusive rights to open Harrow Schools in the region (Arabian Business 02/07/2024)
Gulf space revenues worth $10b says GCC chief (Arabian Business 02/07/2024)
GCC sovereign investors lead global deal-making in H1 with focus on green deals (The National 02/07/2024)
(WAM 01/07/2024)
UAE FINANCIAL NEWS
ADX welcomes secondary listing of inaugural ADQ $2.5b bond (WAM 04/07/2024)
Lunate, Daman Investments first investment funds authorised under voluntary Savings Scheme (WAM 04/07/2024)
Sixth EU-UAE Structural Dialogue on AML/CFT concludes in Brussels (WAM 02/07/2024)
FTA urges Resident Juridical Persons with licences issued in May to register for Corporate Tax by 31 July 2024 (WAM 02/07/2024)
ADIB's sustainable finance amounts to AED5.56b in 2023 (WAM 02/07/2024)
UAE crypto firms welcome ‘stability’ as CBUAE approves stablecoin licensing system (Arabian Business 02/07/2024)
UAE SCA launches new regulations to boost competitiveness of private debt bond offerings (Arabian Business 02/07/2024)
UAE MERGERS AND ACQUISITIONS NEWS
Alpha Dhabi to list companies as it goes ‘shopping’ for assets (The National 05/07/2024)
Ghitha Holding acquires KSA-based Arabian Farms for $65.3m (Arabian Business 04/07/2024)
UAE BILATERAL TRADE NEWS
(WAM 07/07/2024)
UAE Pavilion announces its participation in Expo 2025 Osaka in Japan (WAM 05/07/2024)
UAE, Japan discuss latest developments in comprehensive strategic partnership, sign MoUs (WAM 05/07/2024)
Abdullah bin Zayed congratulates UK Foreign Secretary, discusses bilateral relations (WAM 05/07/2024)
Abdullah bin Zayed congratulates new Egyptian Foreign Minister (WAM 04/07/2024)
Protocol of amendment to agreement signed to establish Embassy of Republic of Uzbekistan in UAE (WAM 04/07/2024)
Al Zeyoudi launches Burjeel Institute for Global Health in New York (WAM 03/07/2024)
Latifa bint Mohammed meets with Japanese Consul-General (WAM 03/07/2024)
(WAM 02/07/2024)
Abdullah bin Zayed receives Minister of Foreign Affairs of Mali (WAM 01/07/2024)
If you found this blog post informative and helpful, please show your support by clicking the ❤️ at the bottom of the page. Thank you.
Written by Jenny Hunt
Founder, Gateway Group, Abu Dhabi and Dubai, United Arab Emirates
FORBES' Top 100 Most Influential Women in the Middle East