UAE Weekly Business News 14/10/2024
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UAE Weekly Business News: Issue 210 published 14 October 2024.
UAE FREE ZONE NEWS
Dubai Silicon Oasis Recognized as Middle East Free Zone of the Year for Innovation Zones (Government of Dubai Media Office 11/10/2024)
Dubai Studio City to take part in Broadcast India Show 2024 (WAM 10/10/2024)
JAFZA named 'Global Free Zone of the Year' (WAM 10/10/2024)
Cointelegraph opens Dubai office at DMCC Crypto Centre (Arabian Business 07/10/2024)
UAE VISA NEWS (inc. employment, Emiratisation, human resources, training and women)
UAE jobs: Is it legal to work while on a visit visa? (Khaleej Times 13/10/2024)
Farnek benefits as the UAE hospitality industry turns to outsourcing staff (Arabian Business 09/10/2024)
UAE workers overwhelmed by work changes as AI, remote-working and age of colleagues raise concerns (Arabian Business 07/10/2024)
UAE BUSINESS NEWS
UAE reaffirms commitment to climate finance, global resilience (WAM 13/10/2024)
Abu Dhabi Hospitality Academy – Les Roches partners with Rotana to cultivate local talent in UAE hospitality industry (Abu Dhabi Media Office 13/10/2024)
More than 2 years on, UAE startups born during Covid are still going strong (Khaleej Times 13/10/2024)
Dubai's travel and tourism, trade and logistics sectors will see 30 unicorns by 2033 (Khaleej Times 13/10/2024)
Dubai Startup Guide launched (WAM 12/10/2024)
GITEX kicks off on 14 October, highlighting global participation led by Digital Dubai (WAM 12/10/2024)
Emirates Perfumes and Oud Exhibition sees high visitor turnout (WAM 12/10/2024)
RTA Awards AED600m contract for the development of Oud Metha and Al Asayel streets (Government of Dubai Media Office 12/10/2024)
UAE travel: Skyscanner reveals top trends for 2025 in new report (Arabian Business 12/10/2024)
Abu Dhabi real estate sector sees $1.3b residential sales in Q3 (Arabian Business 12/10/2024)
Hafeet Rail signs contract with Progress Rail to supply modern fleet of freight locomotives (WAM 11/10/2024)
7X launches 'Wayn' digital P.O. box (WAM 11/10/2024)
Etihad Airways increases flights to India's Jaipur (WAM 11/10/2024)
ADNOC, ENPPI partner to boost local industrial sector (WAM 11/10/2024)
Cabinet approves UAE’s stance on AI policy (WAM 11/10/2024)
Over 200 oncology leaders gather in Dubai for Excellence in Oncology Care Conference (WAM 11/10/2024)
BioSoul to establish global headquarters in Abu Dhabi (Abu Dhabi Media Office 11/10/2024)
Betterhomes partners with PropertyBox to elevate real estate marketing in UAE (Arabian Business 11/10/2024)
UAE approves AI policy (Arabian Business 11/10/2024)
ADNOC L&S Joint Venture awards $250 million contracts for very large Ammonia carriers (WAM 10/10/2024)
Etihad Rail, Emerge sign solar power deal at Global Rail 2024 (WAM 10/10/2024)
Sixth International Vascular Conference discusses latest advancements in vascular medicine (WAM 10/10/2024)
EmiratesGBC launches sustainability lounge to further green agenda (WAM 10/10/2024)
Dubai to host EMEA Stakeholder Conference 2024 in November (WAM 10/10/2024)
Emirates invests $48m in pilot, crew training systems (WAM 10/10/2024)
Dubai Chambers, Dubai Islamic Bank sign MoU to support business growth in local, global markets (WAM 10/10/2024)
Etihad Rail signs 10 MoUs, agreements during Global Rail 2024 (WAM 10/10/2024)
Burjeel and Modon to jointly develop healthcare facilities in Ras El Hekma (Arabian Business 10/10/2024)
Dubai real estate market shatters records with AED142.5b in deals during Q3 2024 (Arabian Business 10/10/2024)
Surge in ‘workation’ in GCC as CEOs, business owners and top-paid expats take overseas family outings at whims (Arabian Business 10/10/2024)
Aldar JV with Expo City Dubai plans $480mn investment (Arabian Business 10/10/2024)
Dubai’s rich are spending $10,000 to fly dogs, cats on private jet (Arabian Business 10/10/2024)
What’s at steak? Behind the politics of beef exports, with UAE, Saudi, Qatar boosting meat investments (Arabian Business 10/10/2024)
Abu Dhabi real estate sales forecast to hit $23.7b this year (Arabian Business 10/10/2024)
Maktoum bin Mohammed: 2025 Federal Budget demonstrates UAE's keenness to harness all available resources to meet sustainable development goals (WAM 09/10/2024)
Global Media Congress 2024 to convene in November (WAM 09/10/2024)
22% of UAE's non-oil trade transported by road in 2023 (WAM 09/10/2024)
Abu Dhabi Customs, DHL sign agreement to enhance digital integration, improve service efficiency (WAM 09/10/2024)
Abu Dhabi Mobility launches driver, vehicle licensing services (WAM 09/10/2024)
Medlab Middle East 2025 to build on AED2.4b of business success (WAM 09/10/2024)
ADNOC Gas utilises 3D Printing to manufacture critical replacement components on demand (WAM 09/10/2024)
Dubai’s limousine transport sector records 12 million passenger increase (Government of Dubai Media Office 09/10/2024)
dnata secures multi-year catering contract with T’way Air in Rome (Government of Dubai Media Office 09/10/2024)
Empower signs new agreement with Mitsubishi Heavy Industries Thermal Systems (Government of Dubai Media Office 09/10/2024)
Majority of MENA residents report positive well-being, yet 65% face mental health challenges, survey finds (Arabian Business 09/10/2024)
UAE Cabinet approves federal budget for fiscal year 2025 totaling AED71.5b in expenditures (WAM 08/10/2024)
UAE fulfilled all its commitments to GCC railway (WAM 08/10/2024)
Dubai to host MENA's first World Cities Culture Summit (WAM 08/10/2024)
Gulf Insurance Forum to kick off on October 15 (WAM 08/10/2024)
Abu Dhabi Police signs MoU with Nawah Energy Company (WAM 08/10/2024)
UAE President receives Ruler of Umm Al Qaiwain (WAM 08/10/2024)
Middle East ‘a hub for AI innovation’, says new PwC report (Arabian Business 08/10/2024)
Dnata and beOnd team up for Dubai to Maldives and Switzerland flights (Arabian Business 08/10/2024)
UAE resilience, innovation to drive long-term investor support despite regional headwinds (Arabian Business 08/10/2024)
UAE Cabinet approves establishment of Supreme Space Council (WAM 07/10/2024)
Abu Dhabi Department of Energy highlights regulatory frameworks for petroleum materials sector (WAM 07/10/2024)
Burjeel Medical City launches fertility centre, offering advanced reproductive solutions (WAM 07/10/2024)
Dubai to host 21st edition of IPS Congress (WAM 07/10/2024)
Dubai Chamber of Commerce awards ESG Label to 27 companies (WAM 07/10/2024)
Sheikh Shakhbout Medical City designated as Centre of Excellence for Burn Treatments (WAM 07/10/2024)
World Future Energy Summit 2025 to champion regional energy growth (WAM 07/10/2024)
UAE FINANCIAL NEWS
UAE: Global leadership across green finance, sustainable development (WAM 12/10/2024)
Response Plus reports 30% surge in revenue to AED323.03m in Q3 2024 (WAM 11/10/2024)
ADX logs 44 large direct deals on Fertiglobe worth AED13.28b (WAM 11/10/2024)
Dubai Islamic Bank issues $500m Additional Tier 1 Sukuk (WAM 10/10/2024)
SCA grants National Bonds, Daman Investment licence to operate under end-of-service benefits savings scheme (WAM 10/10/2024)
Now you can trade cryptos in UAE dirhams (Khaleej Times 10/10/2024)
UAE leads in wealth market growth as HNWI influx surges (Khaleej Times 10/10/2024)
Dubai-based dropshipping service firm 4Partners secures $3.6m in latest funding round (Arabian Business 10/10/2024)
Expats in the UAE look to digital apps to transfer money; exchange rates and fees lead remittance concerns (Arabian Business 09/10/2024)
OKX announces launch of UAE crypto exchange (Arabian Business 09/10/2024)
Dubai announces plans to go cashless with digital payments offering $2.2b boost (Arabian Business 09/10/2024)
Abu Dhabi Investment Office names HSBC as preferred international banking partner in Asia (WAM 08/10/2024)
UAE exempts VAT for some crypto activities; here's what you need to know (Khaleej Times 07/10/2024)
GCC’s first bitcoin-linked structured investment launched (Khaleej Times 07/10/2024)
UAE M&A NEWS
ADNOC to close acquisition of controlling stake in Fertiglobe (WAM 11/10/2024)
UAE BILATERAL TRADE NEWS
Dubai International Chamber concludes trade mission in Istanbul (WAM 11/10/2024)
Investments by Dubai companies in Türkiye hit $2b (WAM 11/10/2024)
UAE, Malaysia conclude negotiations towards CEPA (WAM 10/10/2024)
UAE-Japan subcommittee on political diplomacy and international cooperation holds second session (WAM 10/10/2024)
UAE -Türkiye Cooperation Forum explores opportunities for defence industry partnerships (WAM 09/10/2024)
President of Seychelles meets with UAE delegation (WAM 09/10/2024)
UAE President receives written message from Emir of Kuwait (WAM 09/10/2024)
UAE-Serbia CEPA to accelerate economic growth in both countries (WAM 08/10/2024)
Hamdan bin Mohamed meets with Crown Prince of Kuwait (WAM 08/10/2024)
Emir of Kuwait receives Hamdan bin Mohammed (WAM 08/10/2024)
Dubai International Chamber arranges 180 business meetings in Belgrade to promote cooperation (WAM 08/10/2024)
Saif bin Zayed, Russian Minister discuss cooperation (WAM 08/10/2024)
Abu Dhabi Projects and Infrastructure Centre showcases AED200b portfolio at Global Infrastructure Conference in Switzerland (Abu Dhabi Media Office 08/10/2024)
UAE visas ‘at the top of the agenda,’ says Pakistan ambassador ahead of deputy Prime Minister visit (Arabian Business 08/10/2024)
India set to attract $100b in UAE investments across key sectors (Arabian Business 08/10/2024)
ADIA establishes subsidiary in India’s GIFT City (WAM 07/10/2024)
Indian Institute of Foreign Trade to open campus in Dubai (WAM 07/10/2024)
UAE Ministry of Investment hosts UAE-Norway Investment Forum in Oslo (WAM 07/10/2024)
Crown Prince of Abu Dhabi meets Crown Prince of Norway (WAM 07/10/2024)
Crown Prince of Abu Dhabi meets with Prime Minister of Norway (WAM 07/10/2024)
UAE plays critical role in Egypt economic turnaround with $35b investment: Report (Arabian Business 07/10/2024)
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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
