UAE Weekly Business News 11/09/23
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UAE Weekly Business News, Issue 153. 11th September 2023.
UAE free zones news
Dubai South completes blockchain integration system in partnership with Dubai Customs (Government of Dubai Media Office 11/09/2023)
DIEZ launches ‘MIT DesignX Dubai’ Accelerator in partnership with MIT (WAM 10/09/2023)
(WAM 09/09/2023)
RAKEZ, Indian Economic Trade Organisation to boost international business collaboration (WAM 08/09/2023)
DIFC enacts amended data protection regulations (WAM 07/09/2023)
Uptown Tower to welcome 31 businesses, DMCC announces (WAM 05/09/2023)
UAE employment, visa and Emiratisation news
Benefiting from ‘NAFIS’ requires entities, insured Emiratis to update their data with GPSSA (WAM 11/09/2023)
Bodour Al Qasimi urges women to challenge workplace discrimination (WAM 10/09/2023)
UAE end-of-service benefits initiative to foster a 'culture of saving' (The National 05/09/2023)
UAE: How new end-of-service scheme boosts job security (Khaleej Times 05/09/2023)
Mohammed bin Rashid approves Optional System for End-Of-Service Gratuities for private sector employees (WAM 04/09/2023)
UAE announces new end-of-service scheme for employees (The National 04/09/2023)
UAE business and trade news
ADNOC Logistics and Services takes delivery of 8 jack-up barges, boosting its barge fleet by 25% (WAM 11/09/2023)
How the UAE is working to strengthen carbon capture commitment (The National 11/09/2023)
UAE real estate: Bayut announces new AI assistant to buy, rent property (Arabian Business 11/09/2023)
Hamdan bin Mohammed approves Dubai Marine Transport Master Plan 2030 (WAM 10/09/2023)
Top 3 locations to invest in Dubai real estate market 2023 (Khaleej Times 10/09/2023)
Dubai targets 22m passengers and 3D-printed electric abras as it unveils major marine transport upgrades (Arabian Business 10/09/2023)
Dubai Metro in numbers: 129 trains, 1m kilometres travelled, 10,000 CCTV cameras, 14 years, 900 e-gates and more (Arabian Business 09/09/2023)
Dubai property: Palm Jumeirah villa sold for $55m amid $1.6b real estate spend this week (Arabian Business 09/09/2023)
UAE public holiday 2023: Long 3-day weekend expected in September (Arabian Business 09/09/2023)
RTA hits new milestone with 16.8 million maintenance hours devoted to Dubai Metro since 2009 (WAM 08/09/2023)
ADNOC’s eMarketplace platform drives efficiency in local supply chain, supports decarbonisation strategy (WAM 08/09/2023)
MoFA receives 4,152 calls including 1,272 emergency reports from UAE nationals abroad during 2023 (WAM 08/09/2023)
Apparel Group amplifies GCC presence with Steve Madden’s 29th store launch (Khaleej Times 08/09/2023)
Heriot-Watt University launches Dubai Solar Test Site for companies in UK and beyond (Khaleej Times 08/09/2023)
Dubai real estate sales surge amid price hikes (Arabian Business 08/09/2023)
flydubai launches daily service to Cairo (WAM 07/09/2023)
Abu Dhabi Businesswomen Council signs MoU with Jadwa Investment (WAM 07/09/2023)
Abu Dhabi Airports and Abu Dhabi Customs sign agreement to reinforce service excellence (WAM 07/09/2023)
ADNEC Group records 30% increase in number of events to be hosted in Q4 2023 (Abu Dhabi Media Office 07/09/2023)
Grace Preservation First Global Conference to take place in Abu Dhabi (Abu Dhabi Media Office 07/09/2023)
Majid Al Futtaim opens Launchpad X to boost start-ups (The National 07/09/2023)
Etihad and Air France-KLM expand codeshare agreement (The National 07/09/2023)
UAE joins calls to triple nuclear capacity by 2050 (Arabian Business 07/09/2023)
Middle East air traffic up 22.6%: IATA (Arabian Business 07/09/2023)
Dubai announces massive health survey of residents on Sunday (Arabian Business 07/09/2023)
Dubai Business Women Council launches Industry Insight initiative (WAM 06/09/2023)
Dubai Centre for AI’s Accelerator Programmes attract 615 startups from 55 countries (WAM 06/09/2023)
Arabian Travel Market 2024 begins 6th May in Dubai (WAM 06/09/2023)
India tops list of new Dubai Chamber of Commerce members during H1 2023 (WAM 06/09/2023)
ADNOC to invest in one of largest integrated carbon capture projects in MENA (WAM 06/09/2023)
Abdullah bin Zayed launches MoFA's 2023-2026 Strategy (WAM 06/09/2023)
Mohammed bin Rashid witnesses signing of agreement between Masdar and DEWA to deliver 6th phased or PV project (WAM 06/09/2023)
UAE to host UN peacekeeping police chiefs in mid-September (WAM 06/09/2023)
Dubai’s digital transformation offers unique blueprint for cities of tomorrow (WAM 06/09/2023)
UAE's Landmark Group to add hundreds of stores but no IPO plans on horizon (The National 06/09/2023)
Four technologies set to shape the future of UAE's key industries (The National 06/09/2023)
Half a million homes to be powered by world's biggest solar park in Dubai (The National 06/09/2023)
Azizi Developments and Siemens sign MoU to achieve UAE’s sustainability goals (Khaleej Times 06/09/2023)
Dubai: 3 key upcoming road projects that will ease traffic (Khaleej Times 06/09/2023)
Digital Dubai: Free Wi-Fi, online services, $3.3bn Government transactions, AI technology and more (Arabian Business 06/09/2023)
Dubai sees surge in companies from India, Pakistan and Egypt in 2023 (Arabian Business 06/09/2023)
Dubai’s Emirates announces new daily flight to Hong Kong (Arabian Business 06/09/2023)
UAEPass is ‘highly secure’ says TDRA amid fraud claims (Arabian Business 06/09/2023)
RTA’s Intelligent Traffic Systems to cover 100% of Dubai roads by 2026 (Arabian Business 06/09/2023)
UAE President receives Mohammed bin Rashid Al Maktoum; Saud bin Saqr Al Qasimi (WAM 05/09/2023)
Dubai Municipality carries out over 350 inspections at school canteens to ensure food safety (WAM 05/09/2023)
Masdar Park design earns Estidama ‘Exemplar’ Sustainability rating (WAM 05/09/2023)
Emirates, United expand codeshare partnership (WAM 05/09/2023)
Hamdan bin Mohammed reviews RTA’s strategic projects to develop infrastructure, expand smart traffic systems (WAM 05/09/2023)
G42 and Microsoft unlock new opportunities for digital transformation with joint sovereign cloud and AI offering (WAM 05/09/2023)
DEWA's 30 MIG water reservoir in Hatta around 89.42% complete (WAM 05/09/2023)
Dubai World Trade Centre reinforces Dubai’s position as global hub for business tourism (WAM 05/09/2023)
Dubai Chamber of Commerce concludes 1st cycle of Business Groups Enablement Programme (WAM 05/09/2023)
What lawyers and consultants are saying about the UAE’s new e-commerce regulation (The National 05/09/2023)
Abu Dhabi's Masdar City envisions buildings of the future to be AI and data-driven (The National 05/09/2023)
Optimism in private sector hits highest level since Covid-19 pandemic (Khaleej Times 05/09/2023)
Air Arabia announces new weekly flights from Abu Dhabi to Sri Lanka (Arabian Business 05/09/2023)
NYU Abu Dhabi, Mubadala to pursue new collaboration opportunities (WAM 04/09/2023)
Automechanika Dubai 2023 see more than 1,800 exhibitors from over 60 nations (WAM 04/09/2023)
Mubadala Capital, Petrobras sign MoU to explore cooperation in Bahia-based biofuel project (WAM 04/09/2023)
Success of Al Neyadi’s mission, a major milestone in UAE's space exploration track record (WAM 04/09/2023)
UAE space sector enhances global competitiveness, contributes to diversifying economy (WAM 04/09/2023)
UAE to ban heavy vehicles weighing over 65 tonnes on roads from 2024 (Khaleej Times 04/09/2023)
UAE financial news
Dubai's non-oil economy maintains 'robust' momentum in August (The National 11/09/2023)
Supporting documents a must for deductions against taxable profits in UAE (The National 11/09/2023)
(WAM 10/09/2023)
UAE debt capital market to hit $300bn by 2030: Fitch (Arabian Business 09/09/2023)
ADX lists $1.5b of dual-tranche TAQA bonds on its main market (WAM 07/09/2023)
Emirates Development Bank unveils bespoke solar energy financing programme (WAM 07/09/2023)
UAE and G20 non-oil trade up 14% in first half to reach $181.9b (The National 07/09/2023)
ADCB prices $650m green bond to support UAE’s net-zero transition (WAM 06/09/2023)
Emirates NBD launches Sustainable Finance Framework (WAM 06/09/2023)
Ministry of Finance launches 'The Future of Finance' campaign (WAM 05/09/2023)
Tourists can now use their home e-wallets when they visit the UAE (The National 05/09/2023)
UAE crypto market to see major uptick with several ventures gearing up to launch spot bitcoin ETFs (Arabian Business 05/09/2023)
Astra Tech, Ant Group partner to launch new UAE cross-border digital payments solution (Arabian Business 05/09/2023)
Projected growth rate for Arab economies 3.4% in 2023, 4% in 2024: AMF (WAM 04/09/2023)
PJSCs, PSCs with financial year starting on 1 June urged to register for corporate tax (WAM 04/09/2023)
UAE mergers and acquisitions news
Ethmar International Holding acquires majority stake in 9Yards Communications (WAM 07/09/2023)
Multiply Group secures 55% majority stake in Media 247 (WAM 06/09/2023)
‘Funding winter’ impact: M&A ‘exit’ deals plunge 30% in MENA in H1, 2023 (Arabian Business 06/09/2023)
UAE’s Global Investment Holding acquires 30% stake in Egyptian company (Arabian Business 05/09/2023)
Emirates NBD makes strategic equity investment in Komgo (WAM 04/09/2023)
UAE bilateral trade news
G20 commits to work for positive outcomes at UAE-hosted WTO Ministerial Conference in 2024 (WAM 10/09/2023)
Mariam Almheiri calls African nations to sign Leaders Declaration on Food Systems, Agriculture and Climate Action at the Africa Food Systems Forum (WAM 10/09/2023)
Dubai Customs, Oman forge stronger customs bonds for trade growth (WAM 10/09/2023)
RBI keen on strengthening its partnership with UAE to promote digital payments in both countries (WAM 10/09/2023)
ECI, ADEX partner to drive technological advancements in Angola through strategic support for UAE companies (WAM 10/09/2023)
UAE President and Indian Prime Minister discuss strengthening Comprehensive Strategic Partnership (WAM 09/09/2023)
UAE President meets with world leaders participating in G20 Summit in New Delhi (WAM 09/09/2023)
Abdullah bin Zayed witnesses launch of Global Biofuels Alliance at G20 (WAM 09/09/2023)
UAE to cooperate on India-Middle East-Europe Economic Corridor at G20 Summit (WAM 09/09/2023)
Indian Institute Of Technology Delhi to open its Abu Dhabi campus next January (WAM 09/09/2023)
UAE's participation in G20 affirms its strong commitment to multilateral cooperation (WAM 09/09/2023)
UAE's participation in G20 Summit testifies to depth of UAE-India strategic, historical relations (WAM 09/09/2023)
Tabreed signs MoU with Government of Telangana to revolutionise cooling in India (WAM 08/09/2023)
Nahyan bin Mubarak meets Armenia FM; reiterates UAE's commitment to strengthening ties with all nations (WAM 08/09/2023)
UAE authorities discuss cooperation on export controls with U.S., EU, and UK partners (WAM 08/09/2023)
UK to work with all major economies, including UAE, at G20 for a strong global economy (WAM 08/09/2023)
Global Media Congress 2023 announces trade agreement with IBC Amsterdam (WAM 08/09/2023)
ENOC Group and Kawasaki Motors (Philippines) Corporation renew lubricant partnership (WAM 07/09/2023)
UAE President receives Armenian Foreign Minister (WAM 07/09/2023)
UAE President meets with European Commission President (WAM 07/09/2023)
India, UAE as chairs of G20, COP28 to set agenda for a new world (WAM 07/09/2023)
Masdar and Africa50 to accelerate clean energy transition across Africa (WAM 07/09/2023)
$341b in non-oil trade between UAE, G20 countries (WAM 07/09/2023)
ADNOC Gas signs $450-550m LNG supply agreement with PetroChina International (WAM 07/09/2023)
DP World to invest $26m in Indian state of Telangana (The National 07/09/2023)
Mariam Almheiri meets Deputy President of Kenya to build momentum for sustainable food systems (WAM 06/09/2023)
ADEX signs US$100m line of credit agreement with National Bank of Egypt to boost Emirati exports (WAM 06/09/2023)
UAE to deepen ties with ASEAN region (WAM 05/09/2023)
UAE President receives letter from President of Poland (WAM 05/09/2023)
UAE Carbon Alliance pledges to purchase US$450m in African carbon credits by 2030 (WAM 04/09/2023)
BRS 2023 to provide more promising cooperation opportunities with UAE, Middle East (WAM 04/09/2023)
Leading up to COP28 in the UAE
30th November-12th December 2023
UAE set in motion ambitious plans boosting its global leadership in finding effective climate solutions (WAM 10/09/2023)
UAE's participation in G20 Summit: A strategic position and proactive presence (WAM 10/09/2023)
Outcomes of G20 Summit are crucial for COP28 (WAM 10/09/2023)
ISA Director-General hails UAE's efforts to achieve carbon neutrality by 2050 (WAM 10/09/2023)
DEWA’s three global events expand horizons for the success of COP 28 (Government of Dubai Media Office 10/09/2023)
Youth Climate Champion for COP28 calls for young people to be heard at Africa Climate Week (WAM 08/09/2023)
Nuclear energy can supercharge global clean energy transition: ENEC official (WAM 08/09/2023)
COP28 Higher Committee discusses implementation as COP28 draws closer to welcoming the world (WAM 08/09/2023)
COP28 Presidency team attends inaugural Africa Climate Summit, announces major finance initiative (WAM 08/09/2023)
COP28 announces largest global convening of business, philanthropy leaders around climate, nature (WAM 07/09/2023)
COP28 delegation highlights impact of climate change on displaced communities in Kenya (WAM 06/09/2023)
COP28 Presidency partners with African leaders to raise climate ambitions, seize opportunity of green growth through fairer climate finance for Africa (WAM 05/09/2023)
COP28 Presidency announces $4.5b UAE finance initiative to unlock Africa's clean energy potential (WAM 05/09/2023)
EAD announces 'Ghars Al Emarat' initiative to plant mangrove trees for each visitor to COP28 (WAM 05/09/2023)
COP28 President-Designate, Kenyan President, AUC Chair issue joint statement during Africa Climate Summit (WAM 04/09/2023)
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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
