UAE Weekly Business News 13/03/23
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UAE Weekly Business News, Issue 127. 13th March 2023.
Abu Dhabi and Dubai trade license, entrepreneur, employment and visa-related news headlines
Private sector working hours reduced during Ramadan: MoHRE (WAM 13/03/2023)
UAE launches new initiative to boost Emiratisation in manufacturing, industry and technology (WAM 12/03/2023)
'Can I sponsor my mother to live in Dubai?' (WAM 12/03/2023)
GDRFA’s Video Call service proves efficient in initial phase with over 250,000 calls received (WAM 12/03/2023)
FAHR sets Ramadan working hours for federal authorities (WAM 10/03/2023)
Dubai Holding, UAE Gender Balance Council to advance gender equity in private sector (WAM 09/03/2023)
Gulf Capital receives Full Asset Management Licence from the FSRA in Abu Dhabi (WAM 08/03/2023)
Jafza records 30% growth in new customer registrations in 2022 (WAM 08/03/2023)
National Service Career Fair concludes with 1,650 graduates hired (WAM 08/03/2023)
UAE Pension Authority inspectors visit 135 entities during 2022 (WAM 08/03/2023)
GCC salaries 2023: Wages expected to rise 5% amid buoyant hiring market (The National 08/03/2023)
Hub71 partners with Investible to expand venture capital access for startups (WAM 07/03/2023)
DIFC grants captive licence to Ma'aden (WAM 07/03/2023)
QCC lists 14,000 metrological verifications of measurement devices (WAM 07/03/2023)
New UAE residents can use financial history from home for faster credit (The National 07/03/2023)
UAE bilateral trade news headlines
9th session of Abu Dhabi-Japan Economic Council starts tomorrow in Tokyo (WAM 12/03/2023)
UAE participates in Coordination Meeting of Islamic-Asian Geopolitical Group of IPU in Bahrain (WAM 11/03/2023)
Al Kaabi calls for global action at UN to bridge the digital divide to empower women and girls (WAM 11/03/2023)
UAE President receives President of Angola; discusses bilateral cooperation, issues of mutual interest (WAM 11/03/2023)
Masdar to support Côte d'Ivoire’s clean energy goals with development of solar power plant (WAM 10/03/2023)
Kazakh Consul-General in Dubai discusses commercial cooperation with several companies (WAM 10/03/2023)
UAE participates in 29th meeting of Arab countries' Mineral Resources Sector Advisory Committee in Rabat (WAM 10/03/2023)
COP28 President Designate meets White House officials (WAM 10/03/2023)
Third Senior Officials’ Meeting of UAE-EU Cooperation Arrangement held in Abu Dhabi (WAM 10/03/2023)
COP28 UAE President-Designate, UN special envoy announce partnership to tackle climate change (WAM 10/03/2023)
Indonesian Investment Forum convenes in Dubai (WAM 09/03/2023)
UAE President, Iraq's Kurdistan Region President review advancing relations (WAM 09/03/2023)
ENEC, Idaho National Laboratory to advance clean molecule generation systems (WAM 09/03/2023)
Egypt, UAE to jointly support global climate action at COP28: Egyptian Minister of Foreign Affairs (WAM 09/03/2023)
Nahyan bin Mubarak receives ambassadors of Malta, Maldives, DRC (WAM 09/03/2023)
UAE and Ukraine review progress in push to sign Cepa deal (The National 09/03/2023)
Mohammed bin Rashid meets with President of Poland (WAM 08/03/2023)
Thani Al Zeyoudi receives Ukrainian economic delegation (WAM 08/03/2023)
DP World announces first commercial use of its BOXBAY system at South Korea’s Pusan container terminal (WAM 08/03/2023)
Sheikh Mohammed bin Rashid meets Polish President (The National 08/03/2023)
UAE delegation visits Jordan to discuss joint fields of interest in auditing, anti-corruption (WAM 07/03/2023)
UAE participates in second G20 Global Partnership for Financial Inclusion meeting for 2023 (WAM 07/03/2023)
UAE, Morocco enhance cooperation in combatting money laundering, terrorism financing (WAM 07/03/2023)
UAE President receives Mauritanian counterpart (WAM 06/03/2023)
UAE business and economy-related news headlines
ADNOC Gas lists on ADX in Abu Dhabi’s largest-ever market debut, largest IPO globally this year (WAM 13/03/2023)
etisalat by e& UAE completes region’s first 5G network trial (WAM 13/03/2023)
Presight AI announces start of subscription period for IPO (WAM 13/03/2023)
Air Arabia Abu Dhabi marks its first flight to Amman (WAM 13/03/2023)
DEWA commissions new 132/11 kV transmission substation in Tilal Al Ghaf (WAM 13/03/2023)
Adnoc Gas share price surges on Abu Dhabi debut (The National 13/03/2023)
Dubai property developers set to be cash-flow positive for fourth year (The National 13/03/2023)
ADX market cap surges to AED2.884t as ADNOC Gas starts trading Monday (WAM 12/03/2023)
Abu Dhabi to host Regional Conference of WMO’s Regional Association II (Asia) (WAM 12/03/2023)
DEWA inaugurates Cyber Security Innovation Lab, Waee Cybersecurity Centre and Identity Intelligence Center (WAM 12/03/2023)
RTA awards AED800m contract for Phase 4 of Al-Shindagha Corridor Improvement Project (WAM 12/03/2023)
Youth-led 'Road to COP28' Event set to unify UAE stakeholders towards climate summit (WAM 12/03/2023)
UAE will continue to forge ahead to ensure the energy sector reaches new heights: Suhail Al Mazrouei (WAM 12/03/2023)
GCC bank consolidation wave to continue as lenders eye expansion (The National 12/03/2023)
Dubai's Al Shindagha Corridor Improvement enters new phase (The National 12/03/2023)
UAE suspends imports of VW EVs made in China (The National 11/03/2023)
Dubai property prices: Where they rose and fell in February 2023 (The National 11/03/2023)
AED1.31t in deposits of 'above AED20m' in UAE banks until December 2022 (WAM 10/03/2023)
Dubai records AED12.9b in weeklong real estate transactions (WAM 10/03/2023)
ADDED expands 'Patent Support Service' (WAM 10/03/2023)
ENEC showcases nuclear energy's role in supporting sustainable growth at CERAWeek (WAM 10/03/2023)
AI is crucial for achieving UAE’s Net Zero goals by 2050: Sheikha Shamma (WAM 10/03/2023)
Abu Dhabi Transport Company's Board of Directors formed (WAM 10/03/2023)
Mohamed bin Zayed issues law to establish Abu Dhabi Transport Company (WAM 10/03/2023)
Local Press: UAE is securing its water supply while cutting its carbon footprint (WAM 10/03/2023)
Emirates Group builds innovation platform to spearhead future of aviation (WAM 10/03/2023)
Dubai Police, Rochester Institute of Technology launch 'Financial Crime Digital Transformation' Diploma (WAM 10/03/2023)
Abdullah bin Zayed launches Smart Mission project (WAM 10/03/2023)
How Dubai Police use biometric technology to fight crime (The National 10/03/2023)
Ransomware attacks in the UAE down by more than 70% on greater international co-operation (The National 10/03/2023)
National Human Rights Committee holds 12th meeting to prepare for National Report on Universal Periodic Review of Human Rights (WAM 09/03/2023)
Resolution reconstitutes BoD of Mubadala Investment Company with Mansour bin Zayed as Chairman (WAM 09/03/2023)
Resolution reconstitutes Board of Directors of Abu Dhabi Investment Authority to be chaired by Tahnoun bin Zayed (WAM 09/03/2023)
Dubai Chamber of Commerce launches six real estate sector-specific business groups (WAM 09/03/2023)
DFM, Nasdaq Dubai expand custody services in collaboration with ENBD Capital (WAM 09/03/2023)
MoF, Dubai Statistics Centre cooperate in government financial statistics field (WAM 09/03/2023)
Integrate Middle East 2023 to congregate pro AV industry pioneers to spotlight key market trends (WAM 09/03/2023)
Al Ansari Financial Services announces its intention to float on DFM (WAM 09/03/2023)
Dubai's non-oil economy stays 'robust' after sharpest output expansion in four months (The National 09/03/2023)
Al Ansari IPO: UAE money exchange plans to sell 10% stake (The National 09/03/2023)
Men fill 80 per cent of ambassador roles, UAE report finds (The National 09/03/2023)
Emirates airline to introduce multilingual check-in robots to cut travel time (The National 09/03/2023)
Dubai's Department of Finance launches IMTITHAL training programme on UAE Corporate Tax (WAM 08/03/2023)
EWEC recommends over 600% Increase in total solar power capacity by 2030 (WAM 08/03/2023)
ADDED, Tawazun Council partner to boost growth and competitiveness of industrial sector (WAM 08/03/2023)
Dubai International Chamber introduces International Partners Network (WAM 08/03/2023)
First council for fintech leaders in MENA launched during Investopia 2023 (WAM 08/03/2023)
Aldar, MOCCAE launch Real Estate Climate Pledge to support UAE Net Zero strategic initiative (WAM 08/03/2023)
EDGE to establish joint research and development centre for autonomous solutions with UAVOS (WAM 08/03/2023)
du showcases cutting-edge security solution at World Police Summit 2023 (WAM 08/03/2023)
Mariam Almheiri: Women are main drivers in combatting climate change and achieving global sustainability (WAM 08/03/2023)
Emirati women are an inspiring example of empowerment in region, world: Noura Al Kaabi (WAM 08/03/2023)
Emirati women have a well-balanced presence locally, play a significant global role in addressing various challenges: Report (WAM 08/03/2023)
Dubai's Community Development Authority launches 'Respite Care' programme (WAM 08/03/2023)
First Dubai Fashion Week begins from 10th March at Dubai Design District (WAM 08/03/2023)
Silal to launch UAE’s largest automated packhouse in Al Ain (WAM 08/03/2023)
Local Press: UAE takes mega strides in its agro-industry (WAM 08/03/2023)
FNC reviews government's policy on sustainability of electricity & water services (WAM 08/03/2023)
How UAE's female engineers keep the lights on (The National 08/03/2023)
Maktoum bin Mohammed meets with Microsoft’s Vice Chair and President (WAM 07/03/2023)
Khaled bin Mohamed bin Zayed meets with Microsoft Vice Chair and President Brad Smith (WAM 07/03/2023)
Ministry of Climate Change and Environment launches Food and Agriculture Entrepreneurs (WAM 07/03/2023)
'Ruwad' doubles ceiling of direct financing by over 100% (WAM 07/03/2023)
Dubai’s strategic location and business environment drives China's J&T Express' growth (WAM 07/03/2023)
UAE launches 'Make it in the Emirates Awards' to recognise trailblazing industrial companies (WAM 07/03/2023)
Abu Dhabi Exports Office, Japan's SMBC to provide $135m in financing to Trafigura (WAM 07/03/2023)
KEZAD, Emtelle sign Build-to-Suit deal to develop $50m manufacturing facility (WAM 07/03/2023)
UAE plays pivotal role in reducing repercussions of climate change (WAM 07/03/2023)
UAE President receives Ruler of Ras Al Khaimah (WAM 07/03/2023)
Tadweer unveils results of its survey on public awareness of sorting waste in Abu Dhabi (WAM 07/03/2023)
EDGE demonstrates its advanced law enforcement capabilities at World Police Summit 2023 (WAM 07/03/2023)
MBRGI expands international partnerships to achieve sustainable food security (WAM 07/03/2023)
Salik expects revenue-generating trips through its toll gates to rise by up to 6% in 2023 (The National 07/03/2023)
France’s EDF Renewables plans to participate in energy tenders in UAE (The National 07/03/2023)
Mohammed bin Rashid witnesses signing of UAE Governments Net Zero 2050 Charter (WAM 06/03/2023)
'UAE Governments Net Zero 2050 Charter' reaffirms leadership's keenness to support climate action (WAM 06/03/2023)
COP28 President-Designate emphasises importance of energy industry as part of solution at COP28 (WAM 06/03/2023)
Mohammed bin Rashid chairs UAE Cabinet meeting, approves decisions and policies supporting country’s efforts in development sectors (WAM 06/03/2023)
UAE, Saudi Arabia to lead IPO MENA markets: EFG Hermes (WAM 06/03/2023)
National Marine Dredging Group and Abu Dhabi Chamber sign MoU (WAM 06/03/2023)
Sheikh Khaled opens new oncology centre in Abu Dhabi (The National 06/03/2023)
UAE Mergers & Acquisitions
UAE Financial Results
Ducab Group reports 19% year-on-year growth in 2022 revenues (WAM 08/03/2023)
Emirates Global Aluminium announces net profit of AED7.4b in 2022 (WAM 07/03/2023)
Adnoc Drilling recommends dividend of $341m for second half of 2022 (The National 06/03/2023)
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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
