UAE Weekly Business News 22/07/2024
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UAE Weekly Business News: Issue 198 published 22 July 2024.
UAE FREE ZONE NEWS
ADGM continues efforts to ensure a seamless transition for Al Reem businesses with Second Community Event (WAM 18/07/2024)
RAKEZ participates in Licensing Expo Shanghai (WAM 17/07/2024)
KEZAD commissions new natural gas network for clients (WAM 16/07/2024)
Xpro India Limited to establish first global manufacturing unit in Ras Al Khaimah with investment of over AED100m (WAM 16/07/2024)
UAE VISA NEWS (inc. employment, Emiratisation, human resources, training and women)
Health insurance with tourist visas soon as new project announced (Khaleej Times 22/07/2024)
'Unretirement' in UAE: Why some people get job extensions (Khaleej Times 22/07/2024)
Internships in UAE: Work hours, age, job restrictions, rules you need to know (Khaleej Times 21/07/2024)
ADNOC, Nafis to create 13,500 new private sector jobs opportunities for UAE nationals by 2028 (WAM 18/07/2024)
India’s Core Integra sets sights on UAE, aims to revolutionise HR with tech-driven solutions (Arabian Business 18/07/2024)
UAE jobs: Fired by your employer? Know your rights (Arabian Business 16/07/2024)
Flydubai to recruit cabin crew, pilots and engineers in recruitment drive (Arabian Business 16/07/2024)
UAE BUSINESS NEWS
Dubai Health Authority launches Mental Wealth Framework (WAM 22/07/2024)
Dubai Chambers collaborates with SGS to facilitate export of local products, services globally (WAM 22/07/2024)
HBMSU launches 'H-Preneurs' to empower UAE young entrepreneurs (WAM 22/07/2024)
Dubai 10X teams on track to deliver project addressing quality of life, travel and community health (Government of Dubai Media Office 22/07/2024)
Tadweer Group installs 25 Reverse Vending Machines across Abu Dhabi and launches Tadweer Rewards app (Abu Dhabi Media Office 22/07/2024)
Dubai is fast becoming the global epicentre for luxury dining (Arabian Business 22/07/2024)
World Green Economy Summit: Global platform supporting transition to green, sustainable economy (WAM 21/07/2024)
RTA announces AED1.1b deal for new buses with low carbon emissions (WAM 21/07/2024)
Abu Dhabi Airports and ICP partner to launch the world’s first-of-its-kind Smart Travel project (Abu Dhabi Media Office 21/07/2024)
Meet the Emirati farmer producing organic fertiliser to reduce pollution (The National 21/07/2024)
No travel documents required: Abu Dhabi launches world’s first (Khaleej Times 21/07/2024)
UAE shows economic stability despite potential impact of Fed moves and US elections (Khaleej Times 21/07/2024)
DXB Airport operates normally following global system outage (WAM 19/07/2024)
UAE President receives Sheikh Hamdan bin Mohammed bin Rashid (WAM 19/07/2024)
Abu Dhabi Police partners with Advanced Technology Research Council to utilise technologies to meet security requirements (Abu Dhabi Media Office 19/07/2024)
Burjeel Hospital opens branch at ADJD headquarters (WAM 18/07/2024)
GCAA signs air traffic control training agreement with GANS (WAM 18/07/2024)
In celebration of historic signing of declaration of the Union and UAE Constitution, UAE President announces 18 July as 'Union Pledge Day' (WAM 18/07/2024)
Abu Dhabi Energy Services, UAEU launch country's largest solar project in education sector (WAM 18/07/2024)
‘The Sustainable City – Yas Island’ achieves highest sustainable urban design rating in Abu Dhabi (WAM 18/07/2024)
UAE launches global initiative to build 10 hospitals to address critical healthcare gaps as part of Zayed Humanitarian Legacy Initiative (WAM 18/07/2024)
SEHA partners with Planetree to adopt leading global standard for person-centred care in Abu Dhabi (Abu Dhabi Media Office 18/07/2024)
Dubai’s residential property market surges 35.7% in Q2 2024, hitting $33.5b in transactions (Arabian Business 18/07/2024)
IndiGo expands UAE footprint, launches direct flights from 3 South Indian cities to Abu Dhabi (Arabian Business 18/07/2024)
Dubai Foundation for Women and Children launches 2nd phase of animal-assisted therapy programme (WAM 17/07/2024)
Abu Dhabi Chamber partners with Tawasal to create digital channel for abu dhabi’s business community (WAM 17/07/2024)
UAE’s HNWI influx to drive $4.4bn in Dubai real estate investments by year’s end (Arabian Business 17/07/2024)
UAE flower market sees remarkable surge this summer; 200% growth in peonies’ sales (Arabian Business 17/07/2024)
London’s famed Corinthia Hotel planning ambitious expansion to UAE, wider Middle East (Arabian Business 17/07/2024)
Dubai’s DLD fines 256 real estate brokers for violating advertising regulations (Arabian Business 17/07/2024)
UAE President receives Ruler of Ras Al Khaimah (WAM 16/07/2024)
Emirates SkyCargo orders 5 Boeing 777Fs (WAM 16/07/2024)
Abu Dhabi Business Connect platform connects private sector with over 3 million international companies (WAM 16/07/2024)
flydubai set to expand fleet with 7 new aircraft by 2024 (WAM 16/07/2024)
Burjeel Holdings opens clinic at Zayed International Airport (WAM 16/07/2024)
Digital Dubai launches initiative to enhance data quality (WAM 16/07/2024)
Statistics Centre Abu Dhabi reports 3.3% increase in Abu Dhabi’s GDP in Q1 2024 (Abu Dhabi Media Office 16/07/2024)
Dubai real estate: Property market records 48% increase in Q2 2024 transactions (Arabian Business 16/07/2024)
Dubai real estate: Property market shows continued growth in June, says report (Arabian Business 16/07/2024)
Abu Dhabi GDP hit $78b in Q1 as construction, finance and tourism push non-oil growth (Arabian Business 16/07/2024)
UAE FINANCIAL NEWS
PureHealth’s Ardent Health Partners completes New York Stock Exchange listing (Abu Dhabi Media Office 22/07/2024)
UAE withstands impact of higher interest rates (The National 22/07/2024)
Dubai Islamic Bank leads $3.25b financing for GEMS Education (Arabian Business 22/07/2024)
What is UAE Central Bank's new regulation on stablecoins? (The National 19/07/2024)
Abu Dhabi Commercial Bank reports 30% rise in net profit (Arabian Business 19/07/2024)
Increased lending boosts Emirates NBD profit by 12% to $3.76b (Arabian Business 19/07/2024)
Ajman Bank records net profit of AED233m (WAM 18/07/2024)
Sanad logs AED2.3b in revenue during H1 2024 (WAM 18/07/2024)
ADCB reports net profit after tax of AED4.45b in H1’24 (WAM 18/07/2024)
Emirates Islamic delivers record AED1.7b profit in first half of 2024 (Government of Dubai Media Office 18/07/2024)
UAE is third-largest US dollar debt issuer among emerging markets in H1 2024 (Khaleej Times 18/07/2024)
UAE energy startups secure over AED110m in funding during H1 2024 (Arabian Business 18/07/2024)
Bioniq, AI-driven personalised supplements venture with major presence in UAE, raises $15m funding (Arabian Business 17/07/2024)
Khalifa Fund for Enterprise Development launches funding programmes to support start-ups in priority sectors (Abu Dhabi Media Office 16/07/2024)
UAE’s National Bonds expands Al Manassah sukuk trading platform with United Arab Bank partnership (Arabian Business 16/07/2024)
e& Q1 2024 achievements solidifies UAE's global leadership in communications, IT sector (WAM 15/07/2024)
UAE M&A NEWS
Emirates REIT sells Trident Grand Mall in Dubai for $20m (Arabian Business 18/07/2024)
UAE BILATERAL TRADE NEWS
Mohammed bin Rashid, Mauritius PM witness signing of comprehensive economic partnership agreement (WAM 22/07/2024)
UAE President and King of Bahrain discuss longstanding ties during meeting in Abu Dhabi (WAM 22/07/2024)
UAE ministers, officials emphasise importance of Comprehensive Economic Partnership Agreement with Mauritius (WAM 22/07/2024)
95% of tariffs to be reduced, eliminated from customs in new economic partnership with Mauritius (Khaleej Times 22/07/2024)
UAE hopes to reactivate trade talks with EU this year (Khaleej Times 22/07/2024)
China and the Middle East: The new Silk Road is revitalising modern trade (Arabian Business 22/07/2024)
UAE, China sign MoU to boost air transport relations (WAM 21/07/2024)
UAE President receives invitation from Emir of Qatar to participate in third Asia Cooperation Dialogue Summit (WAM 20/07/2024)
DP World, Turkish Evyap Group forge new logistics hub (WAM 19/07/2024)
UAE-Belgium bilateral relations are boosted as Lana Nusseibah conducts meetings in Brussels (WAM 19/07/2024)
UAE President receives a phone call from Chairman of the Transitional Sovereignty Council of Republic of Sudan (WAM 19/07/2024)
UAE Research Programme for Rain Enhancement Science explores new research collaboration opportunities in US (WAM 18/07/2024)
Dubai International Chamber supports UAE-based Kilimanjaro Energy’s expansion in China (WAM 18/07/2024)
Yahsat holds forum for Zimbabwe Government Ministries showcasing its advanced space tech solutions (WAM 18/07/2024)
Emirates Health Services signs partnership agreement with Texas Children's Hospital (WAM 17/07/2024)
UAE explores avenues of cooperation in key sectors with Angola (WAM 17/07/2024)
UAE and Indonesian Presidents discuss strategic relations and Comprehensive Economic Partnership (WAM 17/07/2024)
CBUAE, NBE sign currency swap agreement, two MoUs (WAM 16/07/2024)
UAE-Indonesia: 47 years of cooperation and friendship (WAM 16/07/2024)
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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
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