UAE Weekly Business News 10/02/2025
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UAE Weekly Business News: Issue 226 published 10 February 2025.
UAE FREE ZONE NEWS
Hansa Green Technology expands in Hamriyah Free Zone (WAM 10/02/2025)
Dubai CommerCity: Hellman launches robotics automated storage solutions (Government of Dubai Media Office 10/02/2025)
DIFC launches Dubai Financial Experts Program to develop national leaders in financial services (WAM 07/02/2025)
TECOM Group FY 2024 reports AED1.2b net profit (WAM 06/02/2025)
SPC Free Zone showcases world-class services to publishers at Cairo International Book Fair (WAM 05/02/2025)
Shams to launch its Creative Festival (WAM 04/02/2025)
SRTI Park, Enterprise Ireland sign partnership agreement (WAM 04/02/2025)
DFSA publishes its 2025-2026 Business Plan (WAM 04/02/2025)
Dubai Future District Fund’s results highlight stronger alignment with Dubai's D33 Agenda (WAM 03/02/2025)
UAE VISA NEWS (inc. employment, Emiratisation, human resources, training and women)
40% increase in AI specialists in UAE since 2022 (WAM 05/02/2025)
Abu Dhabi’s Lunate launches Ghaf Benefits platform to transform UAE end-of-service gratuity (Arabian Business 05/02/2025)
Rabdan Academy launches Fab Academy Diploma Programme (WAM 04/02/2025)
UAE BUSINESS NEWS
Abdullah bin Zayed, IMF Managing Director review global economic landscape at World Governments Summit (WAM 10/02/2025)
Emirates invests in Airbus Skywise S.FP+, Core X3 digital predictive maintenance solution (WAM 10/02/2025)
UAE to deploy 500 EV charging stations by 2025 (Arabian business 10/02/2025)
Dubai’s RTA unveils Rail Bus with 100 kph speed and 40-passenger capacity (Arabian business 10/02/2025)
Burjeel Holdings launches platform to enhance AI-driven patient care (Arabian business 10/02/2025)
Abu Dhabi sees 16% increase in business licences, freelancer numbers doubled in 2024 (Arabian business 10/02/2025)
Private sector acceleration is key to economic diversification and growth (Arabian business 10/02/2025)
UAE strengthens its global leadership in Artificial Intelligence (WAM 09/02/2025)
RTA enhances traffic flow at 50 locations across Dubai in 2024 (WAM 09/02/2025)
DEWA adopts cubic metre as unit to measure water consumption (WAM 09/02/2025)
G42, Microsoft launch Responsible AI Foundation (WAM 09/02/2025)
Georgetown University, DMC to host ‘Dubai Rising: Building Tomorrow’s Global Business Capital’ conference (WAM 09/02/2025)
Etihad Airways announces daily service to Atlanta from November 1 (Khaleej Times 09/02/2024)
Dubai real estate sector recorded $4.6bn of transactions last week (Arabian business 09/02/2025)
Dubai set to inaugurate 2nd Japan Trade Exhibition Monday at DWTC (WAM 08/02/2025)
Louvre Abu Dhabi welcomes 1.4m+ visitors in 2024 (WAM 08/02/2025)
3rd International Conference on Rare Diseases discusses AI role in diagnosis, treatment (WAM 08/02/2025)
Integrated Transport Centre (Abu Dhabi Mobility) publishes handbook on Environmental, Social, and Governance Maturity in maritime sector (Abu Dhabi Media Office 08/02/2025)
UAE winter tourism campaign ends with hotel revenues 87% up at $517m (Arabian business 08/02/2025)
UAE civil aviation sector transported 147.8m passengers in 2024; country now has over 9,600 pilots and 36,000 cabin crew (Arabian business 08/02/2025)
Hafeet Rail awards two strategic contracts to enhance logistics system, supply chains (WAM 07/02/2025)
Jebel Ali Port welcomes historic first call of new Gemini service (WAM 07/02/2025)
AEEDC Dubai 2025 wraps up 29th edition with deals surpassing AED20b (WAM 07/02/2025)
Emirates Society of Ophthalmology launches 'ESTBEC' initiative for eye health advancement (WAM 07/02/2025)
4th ICAO Global Implementation Support Symposium (GISS 2025) to take place in Abu Dhabi (Abu Dhabi Media Office 07/02/2025)
'The UAE is an ecosystem designed for success': Dubai-based entrepreneur couple (Khaleej Times 07/02/2025)
‘Experiential dining’ the new fad among foodies in Dubai as celebrity chefs promote new concepts to chart own paths (Arabian business 07/02/2025)
Dubai announces car-free neighbourhood plan, updated child welfare scheme and digital transformation (Arabian business 07/02/2025)
MENA e-commerce sees surge in online orders in 2024; led by Saudi Arabia and UAE (Arabian business 07/02/2025)
Arabian Automobiles launches Urventures to support UAE startups with commercial vehicles (Arabian business 07/02/2025)
UAE Casino: Wynn Al Marjan announces major $2.4b construction funding; updates reveal progress on 1,542-room hotel (Arabian business 07/02/2025)
UAE introduces robot-assisted ‘Bikini’ hip replacement (WAM 06/02/2025)
G42 publishes its Frontier AI Safety Framework (WAM 06/02/2025)
DP World’s container handling hits record high in 2024, up 8.3% (WAM 06/02/2025)
Dubai to host MRO Middle East, AIME 2025 (WAM 06/02/2025)
DoxAI to join UAE’s Nextgen FDI initiative (WAM 06/02/2025)
Some UAE shoppers delay gold jewellery purchases amid sky-high prices (Khaleej Times 06/02/2025)
UAE healthcare giant Medcare to open 10 medical centres in 2 years (Arabian business 06/02/2025)
UAE's foreign trade hit all-time-high of AED3 trillion by end of 2024: Mohammed bin Rashid (WAM 05/02/2025)
UAE to host 'Made in Russia' festival-fair for first time (WAM 05/02/2025)
Abu Dhabi Airports welcomes record-breaking 29m+ passengers in 2024 (Abu Dhabi Media Office 05/02/2025)
UAE sees drop in gold jewellery demand due to high prices, India's import duty cuts (Khaleej Times 05/02/2025)
UAE to triple food production by 2030 (Arabian business 05/02/2025)
UAE and Saudi construction costs to increase in 2025 (Arabian business 05/02/2025)
Federal Authority for Nuclear Regulation to launch transformational projects in 2025 (WAM 04/02/2025)
AD Ports Group signs 50-year land lease agreement with Al Ain Mills for grains storage facility (WAM 04/02/2025)
Abu Dhabi to host Ai Everything Global 2026 (WAM 04/02/2025)
4th World Of Coffee Exhibition see over 1,980 global brands exhibiting (Government of Dubai Media Office 04/02/2025)
M42's Diaverum expands into Abu Dhabi and Al Ain to provide critial renal care (Abu Dhabi Media Office 04/02/2025)
UAE real estate developer eyes commercial expansion with luxury business centre brand (Arabian business 04/02/2025)
Crypto giant Shiba Inu signs major deal with UAE MoEI to boost Web3 solutions (Arabian business 04/02/2025)
Dubai firm launches region’s first fully 3D-printed boat (Arabian business 04/02/2025)
GCC public sector outpaces global peers in digital and AI readiness (Arabian business 04/02/2025)
Workers safe after another drone attack on Dana Gas’ Khor Mor facility (Arabian business 04/02/2025)
Abu Dhabi Exports Office, Strata partner to enhance global competitiveness of UAE’s industrial sector (WAM 03/02/2025)
Yas Island and Saadiyat Island receive 190+ awards and recognitions in 2024 (Abu Dhabi Media Office 03/02/2025)
Abu Dhabi's IVF services ranked among the most successful worldwide in 2024, with 51%+ success rate (Abu Dhabi Media Office 03/02/2025)
Supreme Council for Motherhood and Childhood with Abu Dhabi Registration and Licensing Authority (ADRA) launch Future Entrepreneurs permit to educate young people about business (Abu Dhabi Media Office 03/02/2025)
UAE FINANCE AND ECONOMY NEWS
UAE continues AED bond issuances to strengthen local debt market (WAM 10/02/2025)
DEWA announced record annual revenue of AED30.98b and unprecedented EBITDA of AED15.7b for 2024 (Government of Dubai Media Office 10/02/2024)
Du reports 49.1% increase in FY2024 net profit to AED2.5b (Khaleej Times 10/02/2025)
Aldar Development’s 2024 revenue jumps 90% and net profit surges 47% (Arabian Business 10/02/2025)
Gold prices may hit $3,400 later this year, say analysts (Khaleej Times 09/02/2025)
UAE sports startups invited to join Ethara incubator to seek funding boost (Arabian Business 09/02/2025)
Ministry of Finance announces issuance of cabinet decision on introduction of top-up tax for multinational enterprises (WAM 08/02/2025)
UAE announces new tax (Arabian Business 08/02/2025)
RAK Properties net profit up 32% to AED280m in 2024 (WAM 06/02/2025)
FAB reports profit before tax of AED19.9b in 2024 (WAM 06/02/2025)
ADNOC Gas delivers record $5b net income for 2024 (WAM 06/02/2025)
ADX consolidates position among top 20 global bourses in 2024 (WAM 06/02/2025)
CBUAE, Economic Security Centre of Dubai sign MoU to enhance partnership in combating financial crime (WAM 05/02/2025)
DAE announces 36.2% increase in profits to US$ 477.5m in 2024 (WAM 05/02/2025)
Dubai Duty Free partners with TerraPay for digital wallet payments (Government of Dubai Media Office 05/02/2025)
Dubai gold prices jump to a new all-time high (Khaleej Times 05/02/2025)
Al Fardan Exchange ties up with Visa for enhanced cross-border remittance services (Arabian Business 05/02/2025)
What companies will IPO next? Up to 25 tech firms prepare for 2025 listing, report finds (Arabian Business 05/02/2025)
Sukoon uses AI to eliminate medical exams in life insurance (Arabian Business 05/02/2025)
Klickl teams up with IMKAN Properties to enable cryptocurrency payments in UAE real estate market (Arabian Business 05/02/2025)
Dubai’s e-commerce startup qeen.ai raises $10m in one of the largest seed investments in MENA (Arabian Business 05/02/2025)
Financial transparency, efficient business environment fundamental pillars of UAE national economy (WAM 04/02/2025)
Multiply Group reported 15% year-on-year EBITDA growth (WAM 04/02/2025)
Borouge reports FY2024 net profit of $1.24b (WAM 04/02/2025)
FTA calls on registrants to benefit from grace period to update their tax records before end of March 2025 (WAM 04/02/2025)
United Arab Bank delivers 30% growth in 2024 net profit (WAM 04/02/2025)
Dubai Government announces Tabby’s integration into DubaiPay as digital payment option (WAM 03/02/2025)
UAE M&A NEWS
(Arabian Business 09/02/2025)
AerSale, Sanad Group strengthen industry collaboration with strategic inventory sale (WAM 06/02/2025)
Modon Holding signs definitive agreement with IHC, TasHeel Holding to acquire Arena Events Group (WAM 03/02/2025)
UAE BILATERAL TRADE NEWS
GDRFA Dubai showcases advanced border management technologies at RSO 2025 Forum in Bangkok (WAM 10/02/2025)
UAE President receives written message from President of Paraguay (WAM 10/02/2025)
UAE President visits King of Bahrain at his residence in Abu Dhabi (WAM 09/02/2025)
From Dubai to Osaka: UAE inspires world with unique Expo experience (WAM 09/02/2025)
UAE, Japan to complete negations on Comprehensive Economic Partnership Agreement before end of 2025 (WAM 09/02/2025)
UAE, France to build 1-gigawatt AI data centre (Khaleej Times 09/02/2025)
UAE President receives President of South Sudan (WAM 08/02/2025)
First Lady of Colombia briefed on UAE knowledge exchange Initiatives (WAM 08/02/2025)
Dubai Chambers signs MoU with United States Chamber of Commerce (WAM 08/02/2025)
Dubai Chambers signs MoU with United States Chamber of Commerce (WAM 07/02/2025)
UAE, Argentine Republic collaborate for Antarctic research (WAM 07/02/2025)
UAE, French Presidents discuss bilateral ties in Paris, witness signing of UAE-France Framework for Cooperation in Artificial Intelligence (WAM 07/02/2025)
ADQ partners with State Capital Investment Corporation to explore investment opportunities in Vietnam (WAM 07/02/2025)
AD Ports Group, CMA CGM Group to develop, operate New East Mole multipurpose terminal in Congo-Brazzaville (WAM 06/02/2025)
UAE, Costa Rica promote trade, investment opportunities (WAM 06/02/2025)
Minister of Energy and Infrastructure explores cooperation with Bahrain’s Minister of Works (WAM 06/02/2025)
UAE Chambers discusses role of SMEs with South Africa (WAM 06/02/2025)
UAE, Russia discuss boosting financial cooperation (WAM 06/02/2025)
EMSTEEL expands regional collaboration with UAE-Oman raw material logistics agreement (WAM 06/02/2025)
UAE, Argentina explore new investment opportunities (WAM 05/02/2025)
Moscow strengthens tourism ties with UAE (WAM 05/02/2025)
Crown Prince of Bahrain receives Chairman of National Media Office (WAM 04/02/2025)
Bahrain's Minister of Information, Chairman of National Media Office discuss strengthening media cooperation (WAM 04/02/2025)
UAE President receives message from President of Argentina (WAM 04/02/2025)
King of Bahrain receives Chairman of National Media Office (WAM 04/02/2025)
dnata unveils 'station of tomorrow' at Orlando Airport (Government of Dubai Media Office 04/02/2025)
UAE-Kuwait trade hit $13.5b in 2024 (Arabian Business 04/02/2025)
UAE-Kuwait trade relations exemplify Arab integration (WAM 03/02/2025)
UAE-German Business Forum convened in Abu Dhabi (WAM 03/02/2025)
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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
