UAE Weekly Business News 22/01/24
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UAE Weekly Business News, Issue 172. 22nd January 2024.
UAE free zones news
Over 7,800 companies join RAKEZ’s business community in 2023 (WAM 22/01/2024)
UAE employment, visa and Emiratisation news
Women in UAE workplace: 23.1% private sector surge; wage equality, pregnancy and maternity laws explained (Arabian Business 22/01/2024)
Dubai visas: New call centre for children to interact with immigration officials (Khaleej Times 21/01/2024)
UAE, Uzbekistan sign MoU for mutual visa exemption (WAM 18/01/2024)
UAE showcases highest labour resilience among Arab countries: GLRI 2024 (WAM 18/01/2024)
UAE jobs: Visa application rejected due to 'diversity' message? Here's why (Khaleej Times 18/01/2024)
Hundreds of teaching jobs on offer at UAE schools (The National 17/01/2024)
UAE and Saudi employees prefer working in GCC, LinkedIn says (The National 17/01/2024)
UAE jobs: Top 15 fastest-growing careers in the Emirates revealed (Khaleej Times 17/01/2024)
PwC announces 1,000 new jobs in UAE, Saudi, Jordan and Egypt (Arabian Business 17/01/2024)
Emirates to hire 5,000 cabin crew as new Airbus deliveries start in summer (The National 16/01/2024)
DCD, ADNOC partner to promote community and employee wellbeing (WAM 15/01/2024)
Federal Tax Authority recruits 134 Emirati talents to its team in 2023 (WAM 15/01/2024)
Women-only job portal launches in the UAE (Arabian Business 15/01/2024)
UAE business and economy news
Make it in the Emirates Forum to showcase UAE’s industrial investment opportunities (WAM 22/01/2024)
MoHAP hosts UAE Organ Donation and Transplantation Congress on January 27 (WAM 22/01/2024)
UAE President chairs ADNOC Board of Directors meeting (WAM 22/01/2024)
DEWA records the world’s lowest electricity Customer Minutes Lost (CML) (Government of Dubai Media Office 22/01/202)
Dubai to consider flexible toll charges to cut congestion (The National 22/01/2024)
Adnoc board boosts budget allocation for decarbonisation projects to $23b (The National 22/01/2024)
Indians, Russians and British buyers are Dubai's top property investors in 2023 (Khaleej Times 22/01/2024)
Legal icon John B Quinn expands presence in Abu Dhabi and Dubai (Khaleej Times 22/01/2024)
Dubai residential real estate predicted to soar to new heights in 2024; 20% jump in property transactions, 17% rise in market volume projected (Arabian Business 22/01/2024)
WED Innovation Lab to take place in Abu Dhabi (Abu Dhabi Media Office 21/01/2024)
Abu Dhabi Customs recycles AED10m worth of counterfeit goods during H2 2023 (Abu Dhabi Media Office 21/01/2024)
UAE begins work on historic Lunar Gateway project (The National 21/01/2024)
77% of UAE consumers likely to respond to fraudsters' messages (Khaleej Times 21/01/2024)
Dubai house prices surge up to 21% (Khaleej Times 21/01/2024)
Dubai residential plot prices jump up to 60% as some areas reach their full capacity (Khaleej Times 21/01/2024)
Is it mandatory for person leaving country to cancel the company's UAE license? (Khaleej Times 21/01/2024)
DEWA sees increase in Dubai water accounts (Arabian Business 21/01/2024)
Dubai traffic to ease as RTA completes 14 road improvements, travel times slashed by 50% (Arabian Business 21/01/2024)
UAE launches Global TradeTech Sandbox during World Economic Forum in Davos (WAM 20/01/2024)
EDCC to highlight technological capabilities at UMEX and SIMTEX 2024 (WAM 20/01/2024)
Abu Dhabi’s ‘Falcon Economy’ in the limelight at WEF 2024 in Davos (WAM 20/01/2024)
One-cheque payments increasingly common in Dubai rental market (The National 20/01/2024)
Sheikh Hamdan announces new leaders in Dubai government entities (Arabian Business 20/01/2024)
UMEX and SimTEX 2024 agenda announced (WAM 19/01/2024)
Moro Hub signs landmark agreement with Judicial Inspection Authority at Intersec 2024 in Dubai (WAM 19/01/2024)
ACRES Dubai 2024 launches on May 16th (WAM 19/01/2024)
Ministry of Finance organises dispute resolution forum (WAM 19/01/2024)
AVPN Global Conference 2024 to take place in Abu Dhabi (WAM 19/01/2024)
Dubai to welcome Japan Kyoto Trade Exhibition on Monday (WAM 19/01/2024)
G42 launches edge computing company Analog (Abu Dhabi Media Office 19/01/2024)
Why Mubadala is planning a major pivot to Asia (The National 19/01/2024)
The essential bike insurance handbook (Khaleej Times 19/01/2024)
Dubai real estate sector sees $3.6b of transactions this week (Arabian Business 19/01/2024)
Dubai to develop 2 futuristic transport systems, announces solar-powered rail buses and high-speed travel pods (Arabian Business 19/01/2024)
UAE Centre for Fourth Industrial Revolution launches global AI knowledge exchange programme (WAM 18/01/2024)
RTA signs two MoUs to develop innovative transportation systems (WAM 18/01/2024)
UAE launches 'We the UAE for Strategic Intelligence 2031' platform in partnership with World Economic Forum (WAM 18/01/2024)
Hamdan bin Mohammed approves results of 2023 Dubai Government Customer and Employee Happiness Indices (WAM 18/01/2024)
UAE showcases its inspiring model in enhancing economic partnerships and promoting international trade growth (WAM 18/01/2024)
AED262b of cumulative savings made through investments in roads and transport infrastructure projects 2006-2023: Matar Al Tayer (WAM 18/01/2024)
UAE’s adoption of TradeTech is leading the way to deliver smarter, greener, more inclusive global trade: Al Zeyoudi (WAM 18/01/2024)
flydubai launches flights to Mombasa in Kenya (WAM 18/01/2024)
MoIAT is spearheading fast-tracked global growth of UAE's industrial sector (WAM 18/01/2024)
Brand Finance unveils 5-year trends from Global Soft Power Index at UAE Pavilion in Davos (WAM 18/01/2024)
DEWA’s Smart Ball technology saves 243 million gallons of water, AED9.6m in 2023 (WAM 18/01/2024)
MoF announces issuance of New Federal Decree-Law on public-private partnerships (WAM 18/01/2024)
UAE can play vital role in Brics, Economy Minister says (The National 18/01/2024)
Why UAE landlords are moving to lucrative short-term rentals (The National 18/01/2024)
UAE Property: ‘Can I be charged a 5% fee for contract renewal?' (The National 18/01/2024)
Dubai property: End-users continue to rise (Khaleej Times 18/01/2024)
State-of-the-art ENT Head & Neck Institute opens at Burjeel Medical City (Khaleej Times 18/01/2024)
Emirates Health Services announces advanced treatment of gastroesophageal reflux disease (WAM 17/01/2024)
Sultan AL Jaber ranks first among CEOs in MENA (WAM 17/01/2024)
Intersec 2024 champions women in security industry (WAM 17/01/2024)
UAE launches new 'EcoMark' green accreditation framework for MSMEs (WAM 17/01/2024)
Inaugural Local Aquaculture Products Festival underway in Abu Dhabi (Abu Dhabi Media Office 17/01/2024)
TAQA and Bloomberg Media launch Future of Utilities report (Abu Dhabi Media Office 17/01/2024)
Abu Dhabi Marine Festival to take place (Abu Dhabi Media Office 17/01/2024)
Dubai's overnight international visitors up by 20% (The National 17/01/2024)
UAE ranks second globally for greenfield FDI in 2023 (The National 17/01/2024)
Aramco and Adnoc ranked region’s most valuable brands (The National 17/01/2024)
Wizz Air announces new Turkistan route (Arabian Business 17/01/2024)
International startups flock to UAE as pro-business reforms drive 284% surge in entrepreneurs (Arabian Business 17/01/2024)
Dubai off-plan property market soars for fourth year in a row (Arabian Business 17/01/2024)
‘World’s Coolest Winter’ campaign bolsters UAE’s position as a top global touristic destination (WAM 16/01/2024)
Intersec 2024 showcases innovation, technology in fire prevention (WAM 16/01/2024)
New record for Dubai as luxury home sales hit US$7.6b in 2023 (WAM 16/01/2024)
Borouge launches new infrastructure and advanced packaging solutions to increase competitiveness of UAE’s exports (WAM 16/01/2024)
Business leaders remain optimistic about trade movement in 2024: Economist Impact and DP World Study (WAM 16/01/2024)
DEWA starts operational testing of 4th phase of H-Station in Al Aweer (WAM 16/01/2024)
UK millionaires head to UAE: Richest Brits leave as cost of living crisis worsens, Dubai real estate to benefit (Arabian Business 16/01/2024)
ADJD adopts system of automatic cancellation of payment-related enforcement decisions in all court rulings (WAM 15/01/2024)
The UAE ranks first globally in 20 future readiness indicators (Khaleej Times 16/01/2024)
UAE Financial News
UAE recorded second-highest increase in number of new foreign investment projects in 2023 (WAM 22/01/2024)
UAE corporate tax: Personal versus business assets (The National 22/01/2024)
Dubai continues its economic surge with 3.3% GDP growth in Jan-Sep 2023 (WAM 21/01/2024)
Salik drives gains at Dubai Financial Market Friday (WAM 19/01/2024)
Liminal partners with Dubai-based Encryptus to bridge gap between crypto and fiat (Arabian Business 19/01/2024)
E7 Group commemorates listing on ADX (WAM 18/01/2024)
Khalifa Fund continues to support food and beverage businesses (WAM 22/01/2024)
UAE banks' investments at all-time-high of AED620b by end of November (WAM 17/01/2024)
CBUAE reports 8.6% growth in cash deposits in 12 months (WAM 17/01/2024)
MoIAT contributes projected AED197b to UAE GDP in 2023 (WAM 17/01/2024)
Strata logs over 40% growth in shipments to international partners in 2023 (WAM 17/01/2024)
ADCB broadens its regional presence through strategic expansion into Saudi Arabia (WAM 17/01/2024)
UAEFTS records AED15.4t in banking transactions for Jan-Nov 2023 (WAM 17/01/2024)
Gulf IPOs raised $10.1b in 2023 (Arabian Business 17/01/2024)
Silkhaus closes pre-series A financing from US venture capital firm Partners for Growth (Arabian Business 17/01/2024)
UAE Central Bank Balance Sheet touches AED670b mark by end of November 2023 (WAM 16/01/2024)
CBUAE issues monetary and banking developments (WAM 16/01/2024)
S&P projects UAE's GDP to grow over 5% in 2024 (WAM 15/01/2024)
EO AML/CTF highlights remarkable progress in 2023 following end-of-year progress review (WAM 15/01/2024)
UAE Mergers & Acquisitions news
Response Plus Medical announces strategic acquisition of UK-based Prometheus as part of global expansion plans (WAM 22/01/2024)
Taqa to sell its stake in Atrush oilfield in Iraq's Kurdish region (The National 22/01/2024)
Saudi Tadawul Group acquires strategic stake in Dubai Mercantile Exchange (Khaleej Times 18/01/2024)
UAE bilateral trade news
ADU’s College of Law collaborates with Contractus House LTD to advance legal education (WAM 21/01/2024)
TRENDS Research and Advisory and Geneva Centre for Security Sector Governance discuss collaboration (WAM 21/01/2024)
On behalf of UAE President, Shakhboot bin Nahyan attends inauguration of President of the Democratic Republic of Congo (WAM 21/01/2024)
G42 Healthcare, Egyptian Ministry of Health discuss enhancing cooperation (WAM 22/01/2024)
UAE participates in Katara International Exhibition for Kahraman (WAM 20/01/2024)
UAEFIU hosts inaugural meeting of UAE -UK ‘Combined Anti Money Laundering Operational Team’ (WAM 19/01/2024)
UAE Ambassador attends inauguration ceremony of Guatemala’s President (WAM 22/01/2024)
President Sheikh Mohamed speaks with Ukraine’s Zelenskyy (The National 19/01/2024)
ADJD delegation explores Dutch penal and correctional management systems (WAM 18/01/2024)
Dubai International Chamber supports successful expansion of AMEA Power into Africa (WAM 18/01/2024)
UAE and India: Setting global benchmarks of strategic partnership and bilateral ties (WAM 18/01/2024)
Dubai, Pakistan collaborate on rail, economic zones and infrastructure improvement (WAM 22/01/2024)
FNC Speaker discusses boosting cooperation with ambassadors of Kazakhstan, Hellenic Republic (WAM 22/01/2024)
EDGE Group, São Paulo Government partner on major public security initiative (WAM 18/01/2024)
EDGE, Baykar collaborate on payload integration onto Baykar’s UAVs (WAM 17/01/2024)
Emirates Steel Arkan signs 5-year $2b contract with Bahrain Steel Company (WAM 17/01/2024)
DAE announces lease of two 'ATR 72-600' aircraft to FLY91 (WAM 17/01/2024)
EDGE hosts high-level delegation from Sao Paulo Government (WAM 16/01/2024)
Presight, Hitachi Digital Services sign MoU to explore smart and cognitive city solutions (WAM 15/01/2024)
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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
