UAE Weekly Business News 11/12/23
Welcome to Gateway Group's weekly collection of business highlights from Abu Dhabi and Dubai. It's the ideal way of staying informed about crucial UAE business news, conveniently in one place.
Simply scan through the headlines and choose the ones relevant to you. To read the full article, click the headline. The source is in purple for reference.
Don't miss it
The UAE Weekly Business News is published every Monday. Subscribe to our blog to receive it in your inbox automatically.
UAE Weekly Business News, Issue 166. 11th December 2023.
UAE free zones news
DMCC Welcomes 'Mercer House' by Ellington Properties in Uptown Dubai (Government of Dubai Media Office 11/12/2023)
DAFZ reinforces its position as key driver of national sustainability strategies (WAM 11/12/2023)
ADIO, GRIDSERVE to power the future of mobility (WAM 09/12/2023)
ADGMA forges strategic collaborations to advance financial education and national development (WAM 09/12/2023)
Abu Dhabi Airports announce new development plans for free zone arm (WAM 06/12/2023)
UAE employment, visa and Emiratisation news
UAE adopts integrated climate-conscious policies to enhance job opportunities, economic prosperity in labour market (WAM 06/12/2023)
Pension contributions for new Emirati employees to rise by 6% (The National 06/12/2023)
UAE looks to Vietnam to boost workforce (Arabian Business 06/12/2023)
UAE business and trade news
UAE's Hydro Wind Energy seeks to provide low-cost clean power (The National 11/12/2023)
MoEI, EAD launch hydrogeological map of UAE (WAM 10/12/2023)
DCD launches Quality Assessment Framework to enhance Abu Dhabi’s social care services (WAM 10/12/2023)
RTA unveils revamped Strategic Plan 2024-2030 (WAM 10/12/2023)
BEEAH Group, LOHUM establish nation’s first recycling plant for end-of-life batteries from electric vehicles (WAM 10/12/2023)
Ministry of Education launches new global framework to promote climate education, empower educators (WAM 10/12/2023)
EAD, Ajyal Holding sign MoU to collaborate on environmental initiatives (WAM 10/12/2023)
Mubadala ACCESS Centre awarded $1 million grant for research from Dalio Philanthropies (WAM 10/12/2023)
Green trade a major driver for promoting sustainable, resilient global economy: Al Zeyoudi (WAM 10/12/2023)
Air Arabia Abu Dhabi marks its first flight to Colombo (WAM 10/12/2023)
Mohammed bin Rashid chairs UAE Cabinet meeting in Expo City Dubai (Government of Dubai Media Office 10/12/2023)
Environment Agency – Abu Dhabi signs letter of collaboration with Foundation of Environmental Education (WAM 09/12/2023)
Sorbonne University Abu Dhabi launches its Institute for Oceans (WAM 09/12/2023)
Abu Dhabi to host global consultation on comprehensive surveillance of respiratory viruses (WAM 09/12/2023)
Ministry of Energy and Infrastructure launches EARTH platform at COP28 (WAM 09/12/2023)
UAE Built Environment Sustainability Blueprint is vital to achieve net zero by 2050 (WAM 09/12/2023)
Big 5 Global welcomes over 81,000 construction professionals from 166 countries (WAM 09/12/2023)
Mansoor bin Mohammed meets with the President of International Boxing Association (WAM 08/12/2023)
UAE announces first Women in Nuclear Middle East chapter (WAM 08/12/2023)
Abu Dhabi Stem Cells Centre participates in international clinical trial for Multiple Sclerosis (WAM 08/12/2023)
ADDED partners with Abu Dhabi’s business community to advance ‘Falcon Economy’ concept (WAM 08/12/2023)
Dubai announces ambitious plan to achieve 50% reduction in carbon emissions by 2030 (WAM 08/12/2023)
MoIAT unveils roadmap and initiatives for climate neutrality at COP28 (WAM 08/12/2023)
UAE leads arab world in trade resilience, tops Whiteshield Index (WAM 08/12/2023)
MBZUAI, e& partner to bolster AI talent, innovation and start-ups (WAM 08/12/2023)
Masdar signs agreement with OMV to produce green hydrogen (WAM 08/12/2023)
ADNOC and Mitsubishi Heavy Industries to develop global low carbon ammonia and hydrogen markets (WAM 08/12/2023)
Khaled bin Mohamed bin Zayed meets Chairman of Milken Institute (Abu Dhabi Media Office 08/12/2023)
Enoc opens first green hydrogen fuel station in Dubai (The National 08/12/2023)
Adnoc and Masdar sign green hydrogen deals (The National 08/12/2023)
Al Rostamani Travel, Cutting Edge announce partnership in global sports travel (Khaleej Times 08/12/2023)
Dubai Duty Free sees influx of Chinese travellers (Arabian Business 08/12/2023)
Dubai real estate sector records $3b of transactions this week (Arabian Business 08/12/2023)
Integrated Transport Centre launches fleet of state-of-the-art electric buses (WAM 07/12/2023)
Ministry of Economy reviews Law on Commerce through Modern Means of Technology (WAM 07/12/2023)
International Conference on Advanced Robotics (ICAR) taking place in Abu Dhabi (Abu Dhabi Media Office 07/12/2023)
New taxis and tighter rules could cut Abu Dhabi emissions by 90% (The National 07/12/2023)
Abu Dhabi announces new shopping mall (Arabian Business 07/12/2023)
Gaming Countdown: Meet the speakers at the UAE’s first gaming conference (Arabian Business 07/12/2023)
Dubai warehouse shortage moving businesses to Abu Dhabi (Arabian Business 07/12/2023)
UAE announces new laws to licence, regulate e-commerce sector (Arabian Business 07/12/2023)
Etihad announces non-stop flights to Bali from 2024 (Arabian Business 07/12/2023)
MBRSC hosts NASA Administrator Bill Nelson for a unique session on future of space exploration (WAM 06/12/2023)
Dubai Health Authority develops first accredited medical education system in private sector (WAM 06/12/2023)
DBWC report outlines opportunities, challenges and trends in fintech (WAM 06/12/2023)
Masdar and TotalEnergies demonstrate Methanol-to-SAF pathway with successful test flight (WAM 06/12/2023)
MBRGI launches Food Innovation Hub UAE (WAM 06/12/2023)
Dubai’s Food Tech Valley partners with ReFarmTM to build ‘GigaFarm’ (WAM 06/12/2023)
Abu Dhabi Public Health Centre and M42 join forces to enhance public health measures (WAM 06/12/2023)
Mohammed bin Rashid inaugurates world's largest CSP project, as part of Mohammed bin Rashid Al Maktoum Solar Park (WAM 06/12/2023)
DoE, ADIO, Masdar sign agreement to support Abu Dhabi's low-carbon hydrogen economy (WAM 06/12/2023)
Implementation plans for hydrogen, energy strategies to be finalised by early 2024: MoEI (WAM 06/12/2023)
Abu Dhabi Investment Office partners with Faraday Future to explore opportunities for electric vehicle production (Abu Dhabi Media Office 06/12/2023)
Global casino bosses heading to Dubai for major gaming conference (Arabian Business 06/12/2023)
Dubai’s Ossiano serves most expensive $13.3K champagne, new Gault&Millau UAE Champagne Index reveals (Arabian Business 06/12/2023)
Aldar Education launches new school in Abu Dhabi, enrolment starts January 2024 (Arabian Business 06/12/2023)
Dubai attracts 101 digital startups as city becomes hub for tech companies (Arabian Business 06/12/2023)
Dubai real estate: 60% property seekers eye apartments says new report (Arabian Business 06/12/2023)
EHS implements several sustainable projects across its facilities (WAM 05/12/2023)
ADDED, MBZUAI, Wio Bank partner to support SMEs (WAM 05/12/2023)
M42 partners with Siemens to advance energy efficiency in UAE health industry (WAM 05/12/2023)
Abu Dhabi Airports crowned 'World's Leading Airport Operator of 2023' (WAM 05/12/2023)
Brand Dubai guide spotlights unique homegrown businesses promoting sustainability in the city (WAM 05/12/2023)
UAE launches Industrial Decarbonization Roadmap at COP28 (WAM 05/12/2023)
Etihad and Tap Air Portugal codeshare opens up exciting new destinations (WAM 05/12/2023)
Abu Dhabi Department of Economic Development unveils new circular economy framework to drive sustainable industrial growth (Abu Dhabi Media Office 05/12/2023)
Etihad adds new destinations with easy one-stop access to Tap Air Portugal network (The National 05/12/2023)
UAE financial news
UAE corporate tax: Can you be charged VAT on top of the printed price? (The National 11/12/2023)
ADIB lists world’s first USD-denominated green Sukuk on ADX (WAM 08/12/2023)
ADCB introduces region’s first Mastercard Carbon Calculator during COP28 (WAM 08/12/2023)
Dubai Taxi debuts listing on DFM (WAM 07/12/2023)
UAE's Ministry of Investment plans unified FDI strategy (The National 07/12/2023)
PureHealth IPO fully subscribed on first day (WAM 06/12/2023)
UAE non-oil business activity continued to grow in November (The National 06/12/2023)
UAE corporate tax 2024: Details, registration, requirements (Arabian Business 06/12/2023)
UAE National Banks’ sustainable finance pledge reaffirms leadership’s goals (WAM 05/12/2023)
UAE mergers and acquisitions news
UAE's e& concludes acquisition of majority stake in Careem Technologies (The National 08/12/2023)
Mubadala to shift focus to Asia while continuing to invest in the US (The National 07/12/2023)
ADNEC Group acquires French tour and holiday operator Karavel Group (Abu Dhabi Media Office 06/12/2023)
EasyLease enhances green mobility portfolio with 60% stake in Fully Charged LLC (WAM 05/12/2023)
Mubadala invests in Zenobē reinforcing commitment to sustainable infrastructure (WAM 05/12/2023)
Sancta Capital announces $43m RSS acquisition (Arabian Business 05/12/2023)
UAE bilateral trade news
WAM participates in 6th China-Arab States Broadcasting & Television Cooperation Forum in Hangzhou (WAM 10/12/2023)
Georgia government delegation gains insights from UAE modernisation prowess (WAM 10/12/2023)
‘Trends’ and ‘Atlantic Council – Türkiye’ explore prospects of GCC-Turkish cooperation in energy transition (WAM 10/12/2023)
UAE, Co-Operative Republic of Guyana agree to strengthen bilateral ties in key fields of development (WAM 10/12/2023)
UAE and Azerbaijan Presidents discuss bilateral relations (WAM 09/12/2023)
Shakhboot bin Nahyan announces $220m pledge to support health sector in Africa (WAM 09/12/2023)
ENEC, Egypt’s Nuclear Power Plants Authority sign MoU at COP28 (WAM 09/12/2023)
BEEAH Group, ACUD form joint venture to revolutionise waste management in Egypt (WAM 09/12/2023)
UAE General Civil Aviation Authority signs cooperation agreements with Brazil, Switzerland (WAM 09/12/2023)
President of UAE receives President of Belarus (WAM 09/12/2023)
SEE Holding, EnerTech to develop Sustainable City in Kuwait (WAM 08/12/2023)
UAE and Barbados sign Promotion and Protection of Investment Agreement (WAM 08/12/2023)
Regulators and industry bodies forge carbon trading framework at Cop28 (The National 08/12/2023)
Abu Dhabi DoE partners with University of Arizona and IRENA to advance clean energy innovation (WAM 07/12/2023)
Masdar advances 10GW Africa growth plan to unlock energy transition in six Sub-Saharan nations (WAM 07/12/2023)
Masdar, VERBUND to explore developing large-scale green hydrogen production in Spain (WAM 07/12/2023)
Masdar signs MoU with Netherlands to create green hydrogen supply chain (Arabian Business 07/12/2023)
Abu Dhabi Customs hosts US Customs and Border Protection delegation in Masdar City (Abu Dhabi Media Office 07/12/2023)
UAE, Philippines explore avenues to strengthen work-related collaboration (WAM 06/12/2023)
Sirius International Holding to drive digital transformation and foster technological innovation in Vietnam (WAM 06/12/2023)
UAE and Russian Presidents discuss bilateral relations and regional and international issues (WAM 06/12/2023)
UAE and Kingdom of Tonga sign promotion and protection of investment agreement (WAM 06/12/2023)
Sultan bin Ahmed visits South Korean SK Telecom Company (WAM 06/12/2023)
UAE’s Amea Power to help build $600m wind farm in Ethiopia (The National 06/12/2023)
Minister of Human Resources and Emiratisation meets Vietnamese PM to explore cooperation (WAM 05/12/2023)
Partnership Arrangement for renewable energy signed between UAE, New Zealand and Fiji (WAM 05/12/2023)
CBUAE, Bank Indonesia agree to expand joint cooperation (WAM 05/12/2023)
FAB partners with ENGIE to advance decarbonisation solutions for corporate clients (WAM 05/12/2023)
Ali Al Nuaimi receives French parliamentary delegation (WAM 05/12/2023)
UAE participates in Extraordinary Meeting of BRICS Sherpas (WAM 05/12/2023)
Masdar signs agreements for 1GW wind and potential green hydrogen plant in Jordan (WAM 05/12/2023)
Iberdrola, Masdar sign global alliance to co-invest up to €15b in offshore wind, green hydrogen projects (WAM 05/12/2023)
ENEC, Westinghouse sign MoU for advanced nuclear reactor technologies (WAM 05/12/2023)
Happening Now: COP28 in the UAE
30th November-12th December 2023
UN launches ground-breaking plan to transform world’s agrifood systems (WAM 10/12/2023)
ENEC to collaborate with US’ Idaho National Laboratory on delivering its Net-Zero roadmap (WAM 10/12/2023)
COP28 Presidency is focused on achieving balanced package in negotiations: COP28 Director-General (WAM 10/12/2023)
Majra, HyveGeo sign MoU to provide seed funding for climate and food security solutions in UAE (WAM 10/12/2023)
COP28’s Nature, Land Use and Ocean Day sees over $186 million in commitments (WAM 10/12/2023)
ne'ma unveils results in hospitality sector trial on food waste reduction at COP28 (WAM 10/12/2023)
Dubai highlights global model for encouraging sustainable urban development at COP28 (WAM 10/12/2023)
ITFC ups green financing commitment to 30% (WAM 10/12/2023)
Too few skilled workers to power green transition (The National 10/12/2023)
M42: Healthcare sector responsible for 5% of global emissions (WAM 09/12/2023)
ACSAD working with MOCCAE to deliver UAE's climate neutrality vision (WAM 09/12/2023)
COP28 focuses on inclusive dialogue with climate industries, energy stakeholders: EIC Regional Director (WAM 09/12/2023)
Dubai Municipality, Dulsco Group sign MoU to manage waste at COP28 (WAM 09/12/2023)
MoHAP showcases results of carbon emissions analysis of healthcare facilities at COP28 (WAM 09/12/2023)
COP28 Presidency, International Energy Agency reaffirm 1.5°C-aligned energy transition (WAM 09/12/2023)
Dubai Global Framework a strong push to reduce carbon emissions in international aviation sector (WAM 09/12/2023)
COP28's first week outcomes demonstrate how consensus is carrying us forward: COP28 Director-General (WAM 08/12/2023)
etisalat by e& unveils first net-zero and zero-footprint 5G mobile sites deployment in MENA region (WAM 07/12/2023)
Chinese company announces plans to commit $5b to create integrated solar power chain in UAE (WAM 07/12/2023)
Tadweer launches integrated sustainability initiative to promote textile circularity in UAE (WAM 07/12/2023)
UAE Armed Forces' Climate Change Strategy launched at COP28 (WAM 07/12/2023)
New report identifies transformational role financial institutions play in accelerating GCC’s food security and climate goals globally (WAM 07/12/2023)
UAE Alliance for Climate Action launches two groundbreaking initiatives (WAM 07/12/2023)
Dragon Oil signs a charter to decarbonise oil and gas (WAM 07/12/2023)
Voluntary Recycling Credits Initiative launched at COP28 (WAM 06/12/2023)
COP28 announces new partnerships and initiatives to advance sustainable urban development (WAM 06/12/2023)
National Centre of Meteorology signs international cooperation agreements with three countries during COP28 (WAM 06/12/2023)
MoHAP unveils updated UAE National Framework on Climate Change and Health at COP28 (WAM 06/12/2023)
NYUAD’s research centre on climate and environment renamed Mubadala ACCESS Centre (WAM 06/12/2023)
Organised by Abu Dhabi Global Market, 6th Abu Dhabi Sustainable Finance Forum held at COP28 UAE (Abu Dhabi Media Office 06/12/2023)
MoHAP showcases results of carbon emissions analysis of healthcare facilities at COP28 (WAM 05/12/2023)
TII unveils blockchain-powered carbon emissions tracking and trading platform to accelerate net-zero journey (WAM 05/12/2023)
UAE puts trade at centre of climate debate during COP28’s Trade Day (WAM 05/12/2023)
Mohammed bin Rashid meets with climate policy and space sector decision makers attending Space Agencies Leaders’ Summit at COP28 (WAM 05/12/2023)
How Cop28 is setting the stage for the global hydrogen trade (The National 05/12/2023)
If you found this resource informative and helpful,
please show your appreciation by clicking the ❤️ at the bottom of this page.
Thank you.
Written by Jenny Hunt
Founder, Gateway Group, Abu Dhabi & Dubai, United Arab Emirates
FORBES' Top 100 Most Influential Women in the Middle East