UAE Weekly Business News 20/01/2025
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UAE Weekly Business News: Issue 223 published 20 January 2025.
UAE FREE ZONE NEWS
FTA, ADGM Academy collaborate to create practical training, employment opportunities for high-performing graduates (WAM 17/01/2025)
Masdar to establish new headquarters at 'The Link' project (WAM 16/01/2025)
Dubai Crypto Tower will be blockchain business base with NFT gallery, gold bullion shop, car dealership, club and AI incubators (Arabian Business 15/01/2025)
Masdar City unveils groundbreaking autonomous vehicle testing (WAM 14/01/2025)
Shams to organise third Creative Fest from February 6-9 (WAM 14/01/2025)
ASK Private Wealth widens its global footprint through new DIFC office to serve NRIs and Global Investors (Government of Dubai Media Office 14/01/2025)
Tokinvest becomes first DMCC firm to get full licence for its RWA marketplace (Arabian Business 14/01/2025)
UAE VISA NEWS (inc. employment, Emiratisation, human resources, training and women)
UAE and Saudi professionals plan to seek new jobs in 2025 despite recruitment struggles (Arabian Business 20/01/2025)
UAE Golden Visa: Applications can get rejected for lack of experience, not meeting salary criteria (Khaleej Times 19/01/2025)
Gulf region set for major hiring boom as 78% of employers plan staff expansion in 2025 (Arabian Business 15/01/2025)
GPSSA announces pension disbursement dates for 2025 (WAM 14/01/2025)
UAE BUSINESS NEWS
Abu Dhabi ranked world’s safest city for 9th consecutive year (WAM 20/01/2025)
Dubai Centre for Artificial Intelligence launches 'AI Seal' to certify trusted AI companies (WAM 20/01/2025)
Dubai ranks world’s cleanest city in Global Power City Index for fifth consecutive year (WAM 20/01/2025)
Cleveland Clinic Abu Dhabi performs first robotic bilateral kidney transplant from deceased donor (WAM 20/01/2025)
Dubai to host 7th edition of AccessAbilities Expo in October (WAM 20/01/2025)
Cyber Security announces countering 200,000 cyberattacks daily from terrorist groups across 14 countries (WAM 20/01/2025)
70,000 new companies join Dubai Chamber of Commerce in 2024 bringing total number of members to more than 258,000 (Government of Dubai Media Office 20/01/2025)
RTA adopts Sustainability Framework 2030 (Government of Dubai Media Office 20/01/2025)
GCC economies to see highest growth in AI spending (Khaleej Times 20/01/2025)
AI set to transform UAE auto sector (Khaleej Times 20/01/2025)
GCC to maintain economic resilience amid global uncertainty in 2025 (Khaleej Times 20/01/2025)
MENA eSim market grows 20% driven by surging travel, IoT adoption, 5G network rollout (Arabian Business 20/01/2025)
Dubai real estate sector recorded $3.3b of transactions last week (Arabian Business 20/01/2025)
Maktoum bin Mohammed reviews Economic Security Center of Dubai’s strategy for 2025-2030 (WAM 19/01/2025)
RTA awards AED1.5b contract for Al Fay Street Development Project (WAM 19/01/2025)
DLD enables private property owners on Sheikh Zayed Road, Al Jaddaf to convert to freehold ownership (WAM 19/01/2025)
Abu Dhabi Customs establishes customs centre at Al Faya Dry Port (Abu Dhabi Media Office 19/01/2025)
Wizz Air Abu Dhabi achieves 20% year-on-year growth in 2024 (Abu Dhabi Media Office 19/01/2025)
Strong dollar, moderate fuel prices set to lower Dubai inflation in 2025 (Khaleej Times 19/01/2025)
Sheikh Hamdan approves 2024 Dubai happiness indices, mystery shopper results (Arabian Business 19/01/2025)
UAE ranks among top 35 countries with largest global maritime fleets (WAM 18/01/2025)
Environment Agency – Abu Dhabi issues new soil quality regulation (WAM 18/01/2025)
Dubai Municipality launches second Hatta Farming Festival (WAM 18/01/2025)
UAE pre-owned cars: German cars dominate luxury market, Japanese motors most popular affordable options, says dubizzle (Arabian Business 18/01/2025)
UAE Cyber Security Council announces successful countering of ransomware attacks, identification of hackers (WAM 17/01/2025)
International Defence Conference 2025 to begin February 16 (WAM 17/01/2025)
Khaled bin Mohamed bin Zayed: January 17 celebrates Emirati values of courage, valour (WAM 17/01/2025)
UAE to host closed meeting of WGP Cloud Computing Working Group (WAM 17/01/2025)
UAE leads solar energy growth with strategic projects (WAM 17/01/2025)
Masdar announces preferred contractors, suppliers for world's first 24/7 solar PV battery storage gigascale project (WAM 17/01/2025)
Dubai’s re-sale property market delivers record $16.33b in profits for investors in 2024 (Arabian Business 17/01/2025)
Non-oil sector to drive resilience of GCC economies in 2025, report finds (Arabian Business 17/01/2025)
Ministry of Energy and Infrastructure drafts new legislation to enhance hydrogen sustainability (WAM 16/01/2025)
Digital Transformation plays pivotal role in UAE’s progression (WAM 16/01/2025)
ADNEC Group signs Solar Power Purchase Agreement with Positive Zero to accelerate clean energy transition (WAM 16/01/2025)
DCT Abu Dhabi partners with ne’ma to reduce food waste in tourism, hospitality sector (WAM 16/01/2025)
Etihad Rail launches region's first carbon emission avoidance, reduction certificates (WAM 16/01/2025)
Smart energy solution providers aim to expand in Middle East market (WAM 16/01/2025)
Obstetric Medicine Conference highlights UAE's leadership in maternal care innovations (WAM 16/01/2025)
Abu Dhabi Customs launches development of integrated customs operations system supported by AI (WAM 16/01/2025)
EAD launches 1st edition of Abu Dhabi Pearls Festival (WAM 16/01/2025)
ADNOC, AIQ successfully complete trial phase of agentic AI solution (WAM 16/01/2025)
UAEU announces successful launch of 'Al Ain Sat-1' satellite (WAM 16/01/2025)
ADNOC Gas explores groundbreaking technology that turns methane into graphene, hydrogen (WAM 16/01/2025)
Dubai records 437 successful bids for global business events in 2024 (WAM 16/01/2025)
Global AI Healthcare Academy in Abu Dhabi enhances AI skills of 3,750 healthcare professionals (WAM 16/01/2025)
Dubai International Airport remains world's busiest with 60.2 million seats in 2024 (Khaleej Times 16/01/2024)
New UAE laws and regulations for 2025 – All you need to know Arabian Business 16/01/2025)
Abu Dhabi property sales, rentals see strong 2024 growth; Al Reem Island tops apartment searches (Arabian Business 16/01/2025)
MBRSC receives first signal from MBZ-SAT (WAM 15/01/2025)
Emirates SkyCargo heads into 2025 with 15% increase in cargo capacity to meet surging global demand (WAM 15/01/2025)
Department of Energy, Aldar to advance energy, water efficiency (WAM 15/01/2025)
Tadweer targets reducing emissions across operations by 40% by 2035 (WAM 15/01/2025)
Dubai International Project Management Forum opens (WAM 15/01/2025)
MBZ-SAT successfully launched from California (WAM 15/01/2025)
Emirates Nuclear Energy Company launches ENEC Consulting to support new civil nuclear energy projects globally (WAM 15/01/2025)
Empower signs an agreement with Wasl Group to provide 23,853 RT District Cooling Services to ‘The Island’ project (Government of Dubai Media Office 15/01/2025)
Emirates boosts Madagascar flights to meet robust travel demand (Government of Dubai Media Office 15/01/2025)
Tariff hikes on water, electricity ruled out by top energy official (Khaleej Times 15/01/2024)
EU legislation fallout fuels demand for crypto business expansions to UAE, advisory firms reveal (Arabian Business 15/01/2025)
Arab Health 2025: Dubai event to showcase $780b healthcare market (Arabian Business 15/01/2025)
Masdar targets 100 GW of clean energy by 2030 (WAM 14/01/2025)
Ministry of Energy and Infrastructure studying issuance of green, sustainability certificates for government, commercial buildings (WAM 14/01/2025)
UAE leads efforts to accelerate pace of sustainability (WAM 14/01/2025)
ADSB launches first vessel in 'FALAJ 3' Programme (WAM 14/01/2025)
UAE President witnesses launch of world's first 24/7 Solar PV, Battery Storage gigascale project to be built in Abu Dhabi (WAM 14/01/2025)
BEEAH, Chinook Hydrogen set to build Middle East’s first, commercial-scale waste-to-hydrogen plant (WAM 14/01/2025)
UAE economy likely to expand 5% this year (Khaleej Times 14/01/2024)
UAE authority clarifies new drone rules: Permits issued before January 6 now invalid (Khaleej Times 14/01/2024)
Dubai real estate market sees rising interest from Germans, French, British as investor demographic shifts (Arabian Business 14/01/2025)
UAE aims to reach 14.2GW of renewable energy capacity by 2030 (WAM 13/01/2025)
UAE leads region as fastest-growing clean energy market (WAM 13/01/2025)
Ministry of Climate Change and Environment hosts inaugural Agricultural and Veterinary Quarantine Forum (WAM 13/01/2025)
UAE to host third World Local Production Forum in April (WAM 13/01/2025)
First Multiple Sclerosis treatment guidelines launched in UAE (WAM 13/01/2025)
XPOZED launches in UAE to empower talent, boost creative production (WAM 13/01/2025)
UAE FINANCE AND ECONOMY NEWS
Gross banks’ assets hit AED4.45t by end of October (WAM 20/01/2025)
FAHR, Emirates NBD to eliminate salary certificate requirement for federal employees through direct digital integration (WAM 19/01/2025)
Ministry of Finance meets with IMF Article IV consultation mission (WAM 16/01/2025)
SHUAA secures US$300m facility from TAEF, NBF (WAM 16/01/2025)
Lunate, Wio Invest announce digital collaboration to empower wealth creation for UAE investors (WAM 15/01/2025)
Sustainable finance transforming GCC’s future, KPMG-FAB report finds (WAM 15/01/2025)
Will VAT apply to cryptocurrency mining? FTA clarifies (Khaleej Times 15/01/2025)
Abu Dhabi-based BWI announces Blaize’s successful IPO on NASDAQ (Arabian Business 15/01/2025)
(WAM 14/01/2025)
UAE M&A NEWS
DIB increases stake in Türkiye’s Digital Bank to 25% (Arabian Business 20/01/2025)
Gulf Data Hub, KKR form strategic partnership (WAM 17/01/2025)
Dubai’s Emaar confirms talks with multiple companies to sell stake in India unit (Arabian Business 17/01/2025)
Mubadala’s ‘KELIX bio’ acquires ‘DiabTec’ (WAM 16/01/2025)
UAE BILATERAL TRADE NEWS
UAE President, Dutch Prime Minister discuss bilateral cooperation (WAM 20/01/2025)
Singaporean delegation explores future academic cooperation with Mohamed Bin Zayed University for Humanities (WAM 20/01/2025)
UAE participates in World Economic Forum 'Davos 2025' with delegation of over 100 government officials, private sector leaders (WAM 19/01/2025)
Digital transformation opens new horizons for cooperation with UAE: Estonian Health Minister (WAM 19/01/2025)
UAE President receives Prime Minister of Iraq’s Kurdistan Region (WAM 19/01/2025)
UAE delegation meets French officials to strengthen cooperation (WAM 18/01/2025)
UAE, Uzbekistan explore avenues of financial cooperation (WAM 17/01/2025)
UAE participates in International Mining Conference in Riyadh (WAM 17/01/2025)
Fatima bint Mubarak receives Sultana of Malaysia's Pahang (WAM 17/01/2025)
UAE, Russia hold final round of negotiations for Double Taxation Avoidance Agreement (WAM 17/01/2025)
Bermuda delegation explores Dubai Culture’s administrative practices (WAM 16/01/2025)
UAE, Egyptian Presidents discuss bilateral relations (WAM 16/01/2025)
AD Ports Group expands cooperation with Kazakh partners (WAM 16/01/2025)
Khaled bin Mohamed bin Zayed meets President of Tsinghua University (WAM 16/01/2025)
UAE plays pivotal role in enhancing global sustainability efforts: President of Seychelles (WAM 16/01/2025)
Masdar enters Philippines renewables market (WAM 16/01/2025)
Fatima bint Mubarak receives First Lady of Egypt (WAM 16/01/2025)
UAE President meets with Nigerian President; Italian Prime Minister (WAM 15/01/2025)
Governor of Alaska: WFES provides platforms for fostering relationships with UAE investors, companies (WAM 15/01/2025)
CEPA unlocks substantial opportunities for expanding exports of high-quality food products to UAE: Prime Minister of New Zealand (WAM 15/01/2025)
Presidents of UAE, Uzbekistan discuss bilateral relations (WAM 15/01/2025)
Mansour bin Zayed, Uzbek President discuss cooperation (WAM 15/01/2025)
UAE-Finland Business Council discusses enhancing trade exchange, private sector opportunities (WAM 15/01/2025)
Presidents of UAE, Uzbekistan witness signing of strategic partnership declaration, multiple agreements (WAM 15/01/2025)
Ugandan President lauds robust economic partnership with UAE (WAM 15/01/2025)
Finland's PM opens new embassy headquarters in Abu Dhabi (WAM 15/01/2025)
UAE, Italy, Albania sign tripartite strategic partnership framework for cross-border green energy cooperation (WAM 15/01/2025)
UAE, Japan strengthen space industry cooperation (WAM 15/01/2025)
Mohammed bin Rashid, President of Uzbekistan discuss ways to enhance bilateral cooperation (WAM 15/01/2025)
UAE signs $1b deal with Italy, Albania to build underwater network for clean energy (Khaleej Times 15/01/2025)
UAE-India non-oil trade jumps 22.6% to $53.8b (Khaleej Times 15/01/2025)
UAE-Malaysia Business Council emphasises private sector's commitment to strengthening bilateral cooperation (WAM 14/01/2025)
UAE-New Zealand CEPA historic achievement reflecting both countries' commitment to enhancing trade relations (WAM 14/01/2025)
AD Ports Group to invest in Greenfield Sarzha Grain Terminal in Kuryk Port Kazakhstan (WAM 14/01/2025)
Presidents of UAE, Kenya take part in Comprehensive Economic Partnership Agreement signing (WAM 14/01/2025)
Ministers, officials hail signing of CEPA between UAE, New Zealand (WAM 14/01/2025)
Khaled bin Mohamed bin Zayed meets Prime Minister of New Zealand to further enhance bilateral cooperation (WAM 14/01/2025)
UAE, Finland explore enhancing educational cooperation (WAM 14/01/2025)
UAE, Malaysia sign Comprehensive Economic Partnership Agreement to deepen trade, investment ties (WAM 14/01/2025)
UAE, Uruguay to join forces in clean energy, climate action (WAM 14/01/2025)
Ducab begins supplying high-voltage cables to Senegal (WAM 14/01/2025)
UAE President, New Zealand Prime Minister witness signing of Comprehensive Economic Partnership Agreement (WAM 14/01/2025)
Theyab bin Mohamed bin Zayed receives Prime Minister of New Zealand (WAM 14/01/2025)
NMDC Energy opens $54.5m advanced fabrication yard in KSA (Arabian Business 14/01/2025)
UAE and Kenya sign CEPA deal as they look to boost 9-month $3.1b trade (Arabian Business 14/01/2025)
UAE, Malaysia sign MoU to collaborate on artificial intelligence (WAM 13/01/2025)
UAE and Azerbaijani Presidents discuss bilateral relations (WAM 13/01/2025)
UAE, Uzbekistan explore ways to enhance economic relations (WAM 13/01/2025)
UAE President discusses bilateral relations, issues of shared interest with President of Kazakhstan (WAM 13/01/2025)
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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
