UAE Weekly Business News 10/07/23
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UAE Weekly Business News, Issue 144. 10th July 2023.
UAE free zones news
DMCC maintains year-on-year performance, welcomes 1,456 new companies (WAM 05/07/2023)
ADGM begins implementing its sustainable finance regulatory framework (WAM 04/07/2023)
Masdar, AGDA forge strategic partnership to advance research and collaboration (Arabian Business 04/07/2023)
UAE employment, visa and Emiratisation news
Here's how to get residency in Dubai and Abu Dhabi (The National 10/07/2023)
Emirates holds open days to hire cabin crew in GCC, Pakistan, Beirut, Africa, Turkey (Khaleej Times 10/07/2023)
79,000 Emiratis working in private sector as Emiratisation semi-annual deadline ends, MoHRE reveals (WAM 09/07/2023)
Nine top tips for teachers moving to the UAE in 2023 (The National 08/07/2023)
Are you eligible for the UAE's jobseeker visa? (The National 07/07/2023)
Private companies who miss Emiratisation deadline face fines (The National 07/07/2023)
(WAM 06/07/2023)
Hundreds of vacancies at Emirates; salary, eligibility, allowances - all you need to know (Khaleej Times 05/07/2023)
UAE clarifies steps to issue, renew Emirates ID (Arabian Business 05/07/2023)
UAE salaries: Which HR jobs are in demand and how much do they pay? (The National 04/07/2023)
Emirates Group plans 'mammoth' recruitment drive to support growth (The National 04/07/2023)
Private sector faces Friday deadline for Emiratisation targets (The National 03/07/2023)
Abu Dhabi and Dubai trade, economy and investment news
When it comes to driverless vehicles, the UAE will be one to watch (WAM 10/07/2023)
Emergencies, Crises and Disasters Management Centre Abu Dhabi commends emirate’s business continuity capabilities (Abu Dhabi Media Office 10/07/2023)
Popular UAE weight-loss drugs face investigation for life risk (Arabian Business 10/07/2023)
UAE dominates regional cybersecurity rankings (Arabian Business 10/07/2023)
Dubai’s lucrative AI-based proptechs attracting cash-rich investors, clocking deals worth $70m (Arabian Business 10/07/2023)
UAE is employing AI in various fields to accelerate digital transformation (WAM 09/07/2023)
RTA’s digital channels garner AED3.5b in 2022 as digital transactions hit 814m (WAM 09/07/2023)
Dubai’s green mobility ambitions shift into high gear (Government of Dubai Media Office 09/07/2023)
Hamdan bin Zayed visits Das Island and lays cornerstone of a new hospital and residential complex on the island (Abu Dhabi Media Office 09/07/2023)
UAE grants first autonomous vehicle self-driving licence (The National 09/07/2023)
MENA Solar Conference to focus on six innovative research areas with the participation of prominent international experts (WAM 08/07/2023)
National Election Committee announces electoral college lists for FNC elections 2023 (WAM 08/07/2023)
Dubai records over AED13.6b in weeklong real estate transactions (WAM 07/07/2023)
du achieves outstanding sustainability milestone by recycling 14,000kg of waste (WAM 07/07/2023)
42 Abu Dhabi celebrates 42 Network’s international recognition (WAM 07/07/2023)
EAD guides livestock owners and breeders on obtaining Grazing Licence online (Abu Dhabi Media Office 07/07/2023)
10 steps UAE will take to create thousands of new jobs, achieve hydrogen strategy targets (Khaleej Times 07/07/2023)
UAE restaurants ordered to provide shade, water to delivery riders (Arabian Business 10/07/2023)
UAE hosts annual Egmont Group Plenary to discuss use of IT to enhance AML/CFT operations (WAM 06/07/2023)
Dubai conducts pan-European engagement programme to showcase value proposition for global tech industry (WAM 06/07/2023)
UAE's FDIs flow record testifies to leadership's foresight in fostering sustainable national economy (WAM 06/07/2023)
World Investment Report confirms UAE’s position as compelling destination for global capital (WAM 06/07/2023)
Mohammed bin Rashid Housing Foundation launches ‘Innovative Investment Strategy’ to enhance residential houseing projects in Dubai (WAM 06/07/2023)
UAEU ranks 1st in UAE, 38th globally according to THE Young University Rankings 2023 (WAM 06/07/2023)
Dubai Sports Council approves fitness centre classification based on stars (WAM 06/07/2023)
DEWA saves AED500,000 in 2 years with 3D printing (WAM 06/07/2023)
AD Ports Logistics, Acino sign global pharma freight forwarding agreement (WAM 06/07/2023)
Abu Dhabi Art to take place at Manarat Al Saadiyat 22-26 November (Abu Dhabi Media Office 06/07/2023)
AIQ expects ‘double-digit’ demand growth for AI in the UAE (The National 06/07/2023)
UAE's Ministry of Investment to further boost foreign direct investment after record year (The National 06/07/2023)
Middle East airlines led global passenger traffic recovery in May, Iata says (The National 06/07/2023)
Abu Dhabi pharmacy investigated over fraudulent insurance claims (The National 06/07/2023)
Dubai is the world's top market for $10m homes (The National 06/07/2023)
Abu Dhabi emerging as ideal investment destination, says DED chairman (Khaleej Times 06/07/2023)
New UAE policy to fast-track country's economic ambitions (Khaleej Times 06/07/2023)
Dubai International rated the best airport for layovers (Khaleej Times 06/07/2023)
Cable cars, waterfalls, more greenery: This is how Dubai will look by 2040 (Khaleej Times 06/07/2023)
Dubai’s FIVE hotels first to obtain certificate for 100% renewable energy (Arabian Business 06/07/2023)
F1 announces Abu Dhabi Yas Marina Circuit as finale race track in 2024 (Arabian Business 06/07/2023)
UAE re-exports reach $13b – mobile phones, diamonds and rice drive economy (Arabian Business 06/07/2023)
‘Dubai is the new L.A.’: Influencers flock to UAE to max social media followers (Arabian Business 06/07/2023)
Dubai Marina journey time slashed by 67% (Arabian Business 06/07/2023)
Mohammed bin Rashid announces record FDI inflows of US$23b to the UAE in 2022 (WAM 05/07/2023)
Emirates takes off to Montréal (WAM 05/07/2023)
Ahmed Al Zaabi praises UAE's role as global leader of investments (WAM 05/07/2023)
Foreign investments in UAE witnessed 10% increase in 2022 (WAM 05/07/2023)
EWEC issues Request for Proposals for development of Abu Dhabi Islands Reverse Osmosis Independent Water Project (WAM 05/07/2023)
Voluntary oil output cuts ensure market stability: Suhail Al Mazrouei (WAM 05/07/2023)
Department of Community Development launches Corporate Social Responsibility Guide in Abu Dhabi (WAM 05/07/2023)
Government procurement contracts worth AED1.12b awarded to Dubai SME members in 2022 (WAM 05/07/2023)
Abu Dhabi Customs launches new corporate identity in line with future vision (WAM 05/07/2023)
Dubai Investments doubles reduction in total GHG emissions with 32% in 2022 (WAM 05/07/2023)
Total direct and indirect economic impact of re-exports estimated at AED48b (WAM 05/07/2023)
Mohammed bin Rashid Al Maktoum Solar Park: A Global Model for Clean Energy Leadership (WAM 05/07/2023)
MBZUAI, Etihad Airways join forces to harness power of AI in aviation (WAM 05/07/2023)
AED200b energy strategy shows the UAE is serious about greener future (WAM 05/07/2023)
Khaled bin Mohamed bin Zayed launches Childhood Insights Lab (Abu Dhabi Media Office 05/07/2023)
Updated energy plan and hydrogen strategy affirm UAE's commitment to sustainable economy (The National 05/07/2023)
What are the costs to watch out for when arriving in the UAE? (The National 05/07/2023)
All you need to know about opening a bank account in the UAE (The National 05/07/2023)
Non-oil business activity strengthens in Saudi Arabia and UAE (The National 05/07/2023)
Dubai's Shuaa Capital sells plot in Business Bay to Danube Properties for $51.7m (The National 05/07/2023)
Dubai announces $1.1b waste to energy plant (Arabian Business 05/07/2023)
UAE announces jobs exempt from midday work ban (Arabian Business 05/07/2023)
Dubai’s Emirates serves over 40m chocolates a year (Arabian Business 05/07/2023)
Talabat launches new rest areas, air-conditioned buses for delivery riders (Arabian Business 05/07/2023)
Dubai driving license: Two hour delivery, international service, cost revealed (Arabian Business 05/07/2023)
‘Abu Dhabi is an excellent place to live’, says real estate expert (Arabian Business 05/07/2023)
TDRA launches centralised interface for government generative AI services (WAM 04/07/2023)
Hamdan bin Mohammed launches first phase of AED4b Waste to Energy Centre in Warsan (WAM 04/07/2023)
Dubai Customs completes 12m customs declarations in 6 months with 10% growth (WAM 04/07/2023)
Suhail Al Mazrouei reveals details of updated UAE Energy Strategy 2050 and National Hydrogen Strategy (WAM 04/07/2023)
DICM to host Producers Connect, a new platform for media players (WAM 04/07/2023)
ADAFSA monitors agri-food establishments' compliance with Abu Dhabi safety system (WAM 04/07/2023)Mission: Impossible – Dead Reckoning Part One cast and crew discuss filming in Abu Dhabi (WAM 04/07/2023)
Department of Community Development reveals results of first Sports and Physical Activity Survey (Abu Dhabi Media Office 04/07/2023)
UAE universities rank among global top 300 (The National 04/07/2023)
A guide to Abu Dhabi's 9 top ranked private schools (The National 04/07/2023)
Abu Dhabi launches solar-powered rest areas for delivery riders (The National 04/07/2023)
UAE’s financial advisory market likely to hit AED875b (Khaleej Times 04/07/2023)
Web3 climate infrastructure in GCC region demands $8b capital investment, says expert (Arabian Business 04/07/2023)
Dubai stock index hits 8-year high as real estate booms (Arabian Business 04/07/2023)
Dubai Metro investigates safety of bridges, stations and tunnels (Arabian Business 04/07/2023)
UAE Cabinet approves national energy and hydrogen strategies, establishes UAE Ministry of Investment (WAM 03/07/2023)
UAE Government and HPE launch GovTech (WAM 03/07/2023)
Abu Dhabi to host Abu Dhabi International Hunting and Equestrian Exhibition on 2nd September (WAM 03/07/2023)
Department of Health – Abu Dhabi announces two Stroke Centres of Excellence in Abu Dhabi (WAM 03/07/2023)
WAM mourns death of Emirati media veteran Peter Hellyer (WAM 03/07/2023)
Abu Dhabi University earns top 580 spot in QS World University Rankings (WAM 03/07/2023)
ICV-certified companies granted special rates on Etihad Airways flights (WAM 03/07/2023)
RTA lifts over 6m riders during Eid Al Adha (WAM 03/07/2023)
Abu Dhabi Police supporting sustainable operations in the emirate (Abu Dhabi Media Office 03/07/2023)
UAE to invest up to AED200b in renewable energy (The National 03/07/2023)
Property in Dubai: How are branded residences different from luxury real estate? (Khaleej Times 03/07/2023)
UAE to invest $54bn in energy sector and triple renewables contribution (Arabian Business 03/07/2023)
UAE Financial News
UAE Corporate Tax: Less than half of businesses prepared to comply with new rules, report says (Arabian Business 06/07/2023)
Barakah One Company completes Barakah Nuclear Energy Plant refinancing with UAE banking partners (WAM 04/07/2023)
Emirates NBD introduces Compliant Carbon Market Trading (WAM 04/07/2023)
Wio Bank, ADX announce instant IPO subscriptions (Arabian Business 04/07/2023)
Federal Tax Authority launches Corporate Tax Public Awareness Campaign across all Emirates (WAM 03/07/2023)
UAE Mergers & Acquisitions news
Dubai’s Al Habtoor Group to acquire property in Europe (The National 07/07/2023)
EDGE expands its portfolio with acquisition of leading cybersecurity company, OryxLabs (WAM 06/07/2023)
Abu Dhabi's ADQ takes stake in Canadian alternative asset manager Sagard (The National 06/07/2023)
Palms Sports sets pace for H2 with AED300m new business acquisition (WAM 05/07/2023)
Mubadala invests in CoolIT Systems alongside KKR (WAM 05/07/2023)
Aldar, IHC and ADNEC Group create region’s largest property and facilities management company (WAM 04/07/2023)
UAE bilateral trade news
Global Media Congress will help strengthen South Korea-UAE cooperation in media sector (WAM 10/07/2023)
UAE gears up for UN High-Level Political Forum with preparatory meeting to chart sustainable development path (WAM 09/07/2023)
UAE opens field hospital in Chad to support Sudanese refugees (WAM 09/07/2023)
Abdullah bin Zayed, Kosovo Prime Minister discuss bilateral relations, UAE provides EUR25m to establish a new hospital for children in Kosovo (WAM 08/07/2023)
Sarah Al Amiri calls for collaboration in scientific research at G20 meeting (WAM 07/07/2023)
COP28 President-Designate meets Pakistan Prime Minister, calls for greater support for climate-vulnerable countries (WAM 07/07/2023)
UAE Independent Climate Change Accelerators strengthens global partnerships at London Climate Action Week (WAM 06/07/2023)
UAE concludes second UN Security Council Presidency with 7 resolutions adopted (WAM 06/07/2023)
Abdullah bin Zayed, Philippines' Secretary of Foreign Affairs discuss promoting cooperation (WAM 06/07/2023)
Razan Al Mubarak calls for nature-positive economy at London Climate Action Week (WAM 05/07/2023)
RAKEZ inks MoU with Manufacturers’ Association of Israel to boost industrial cooperation (WAM 05/07/2023)
RAK Digital Assets Oasis teams up with UK's HBAR Foundation to support its members (The National 05/07/2023)
Israeli startups bullish on UAE market 3 years on from landmark Abraham Accords agreement (Arabian Business 05/07/2023)
UAE President Sheikh Mohamed and UK Prime Minister Rishi Sunak talk on phone (Arabian Business 05/07/2023)
Dubai Press Club receives delegation from China Media Group (WAM 04/07/2023)
DEWA CEO, Vietnamese ambassador to UAE discuss enhancing cooperation (WAM 04/07/2023)
Abu Dhabi Public Health Centre hosts delegation from Thailand’s Medical Service Department (Abu Dhabi Media Office 04/07/2023)
RAKEZ signs MoU with ICFA to foster trade and innovation in food and agriculture (WAM 03/07/2023)
UAE's e& discusses possible partnership with PPF Group (The National 03/07/2023)
Leading up to COP28 in the UAE (30th November - 12th December 2023)
Participants at Emerging Peacemakers Forum send message of hope to COP28 (WAM 09/07/2023)
COP28 a key turning point towards achieving international goals: Portuguese Energy Secretary of State (WAM 06/07/2023)
COP28 a milestone in climate action: Kuwaiti Minister of Oil (WAM 06/07/2023)
COP28 President-Designate calls on oil & gas industry to allocate capital to clean energy solutions (WAM 06/07/2023)
UAE is focused on uniting parties in a COP that delivers for all: COP28 President-Designate (WAM 06/07/2023)
Business leaders at London Climate Action Week calls for plan ahead of COP28 (Arabian Business 05/07/2023)
COP28 to focus on delivering real results for Global South (WAM 04/07/2023)
UAE firmly committed to achieving climate neutrality: COP28 President-Designate (WAM 04/07/2023)
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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
