UAE Weekly Business News 23/09/2024
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UAE Weekly Business News: Issue 207 published 23 September 2024.
UAE FREE ZONE NEWS
RAKEZ, UICC collaborate to strengthen UAE-India economic partnership (WAM 20/09/2024)
RAK Ports, Jianhua Holdings Group to establish region’s first prestressed high strength concrete piles factory (WAM 19/09/2024)
RAKEZ teams up with The Dollar Business to empower clients with cutting-edge trade solutions (WAM 18/09/2024)
Mubadala Energy’s 2023 sustainability report reveals progress in GHG emission reduction efforts (WAM 18/09/2024)
ADGM, DMT sign MoU to facilitate transfer of real estate services on Al Reem Island (WAM 18/09/2024)
DIFC preferred choice for international brokerage firms eyeing Dubai (WAM 18/09/2024)
DAFZ announces strategic partnership with Red Bull Basement 2024 (WAM 16/09/2024)
DFSA, HKMA launch inaugural joint climate finance conference to promote sustainable investment (WAM 16/09/2024)
UAE VISA NEWS (inc. employment, Emiratisation, human resources, training and women)
31 December final deadline to hire at least one Emirati citizen in companies targeted by Emiratisation policy: MoHRE (WAM 23/09/2024)
UAE jobs: Want to join National Guard Command? Female citizens called to join the ranks (Khaleej Times 23/09/2024)
Jobs in UAE: Bank offers part-time roles for Emirati students in new employment programme (Khaleej Times 23/09/2024)
Emirati Human Resources Development Council signs MoU with Jafza to strengthen Emiratisation initiatives (WAM 21/09/2024)
Is TikTok the new LinkedIn for Gen Z workers? UAE career experts weigh in (Arabian Business 19/09/2024)
UAE, Saudi Arabia seeing influx of new-age HR ventures amidst slew of labour law changes, surge in expat employees (Arabian Business 19/09/2024)
Ministry of Economy mandates private joint-stock companies to represent women on boards of directors (WAM 18/09/2024)
UAE BUSINESS NEWS
Envision 2024 announces agenda focusing on AI-driven digitalisation (WAM 23/09/2024)
EDGE Group expands into space domain with launch of ‘FADA’ (WAM 23/09/2024)
Nakheel awards AED1.8b construction contract for Como Residences (WAM 23/09/2024)
World Congress on Rehabilitation 2024 opens in Abu Dhabi (WAM 23/09/2024)
AED10b expansion plan approved for the Dubai Exhibition Centre at Expo City Dubai (Government of Dubai Media Office 23/09/2024)
UAE takes the lead in AI as international markets face talent race to meet global demand (Arabian Business 23/09/2024)
ASB Hospitality appoints Dutco Construction as main contractor for UAE’s first beachfront Gran Meliá Hotel (Arabian Business 23/09/2024)
Dubai’s Emirates announces fourth daily flight to Johannesburg from March 2025 (Arabian Business 23/09/2024)
ADFD launches first live radio programme about sustainability in UAE (WAM 22/09/2024)
UAE airlines clarify rules on pagers, walkie-talkies for Lebanon flights (Khaleej Times 22/09/2024)
Dubai property market will not see oversupply over the next 4-5 years due to high demand (Khaleej Times 22/09/2024)
UAE economy to expand 4.8% in 2024 as travel booms(Arabian Business 23/09/2024)
Dubai real estate sector recorded $3.6b of transactions last week (Arabian Business 23/09/2024)
DMT expanding Abu Dhabi Canvas initiative to showcase UAE’s heritage, local artists in public spaces (WAM 21/09/2024)
MBZUAI working to turn AI-driven ideas into real-world startups (WAM 20/09/2024)
World Congress on Rehabilitation 2024 kicks off Monday (WAM 20/09/2024)
New group launched to promote 'Made in UAE' paper, tissue products (Khaleej Times 20/09/2024)
1 Billion Pitches competition deadline extended to 5 October (WAM 20/09/2024)
Revealed: 100 best places for women to work in the GCC (Arabian Business 20/09/2024)
‘Abu Dhabi Stem Cells’, ‘Burjeel Medical City’ partner to expand bone marrow transplant (WAM 19/09/2024)
AD Ports Group achieves significant progress in advancing sustainability agenda in 2023 (WAM 19/09/2024)
VERSES, Analog announce smart city initiative in Abu Dhabi (WAM 19/09/2024)
Integrated Transport Centre (Abu Dhabi Mobility) launches Green Bus service to enhance sustainable transport ecosystem in the emirate (Abu Dhabi Media Office 19/09/2024)
Rotana opens first Edge by Rotana property in Abu Dhabi (Arabian Business 19/09/2024)
Dubai real estate: Off-Plan property prices stabilise after 2023 boom, says new report (Arabian Business 19/09/2024)
Dubai education hub sees 43% increase in European students, attracts talent from 170 countries (Arabian Business 19/09/2024)
DHA, Dubai Department of Economy and Tourism sign MoU to boost Dubai’s medical tourism sector (WAM 18/09/2024)
UAE's investments in clean energy strengthen its global leadership: Energy Industries Council (WAM 18/09/2024)
Ducab Group announces partnership with Schneider Electric for ESG, decarbonisation strategy (WAM 18/09/2024)
Khaled bin Mohamed bin Zayed inaugurates strategic partnership between Mubadala and Aldar with combined value of AED30b (WAM 18/09/2024)
EHS implements advanced technology for early detection of vision problems in children (WAM 18/09/2024)
Dubai Future Foundation launches ‘The Future of Progress’ report rethinking national success (WAM 18/09/2024)
Abu Dhabi Judicial Department expands legal awareness initiatives (WAM 18/09/2024)
Dubai Shopping Festival reveals 30th-edition dates, promising city's biggest-ever celebration (WAM 18/09/2024)
Hamdan bin Mohammed meets with Abdullah bin Zayed in Abu Dhabi (WAM 18/09/2024)
UAE lures 81% Asian professionals approve as it becomes rising tech hub, says new survey (Arabian Business 18/09/2024)
RTA air taxis will take off in Dubai in Q1 2026 (WAM 17/09/2024)
DoE launches first series of foresight reports (WAM 17/09/2024)
Dubai ranks first in Arab world, fifth globally in International Shipping Centre Development Index (WAM 17/09/2024)
MoEI, EtihadWE launch initiative to promote renewable energy use in Northern Emirates (WAM 17/09/2024)
Abu Dhabi to host ‘CyberQ: Security in the Quantum Era’ in November (WAM 17/09/2024)
Etihad carries 12 million passenger in 8 months (WAM 17/09/2024)
Abu Dhabi to develop unified water strategy soon: DoE Chairman (WAM 17/09/2024)
G42, Microsoft to launch two AI centres in Abu Dhabi (WAM 17/09/2024)
Middle East on course to reach $75b in renewable energy projects (WAM 17/09/2024)
TAQA Water Solutions announces AED150 million wastewater management project in Bahia, Al Sadr (WAM 17/09/2024)
The Integrated Transport Centre (Abu Dhabi Mobility) launches new taxi booking services (Abu Dhabi Media Office 17/09/2024)
Etihad carries 1.7 million passengers in August (Khaleej Times 17/09/2024)
Yango launches B-to-B ride service in Dubai (Arabian Business 17/09/2024)
UAE real estate renovation platform launches buy-now-pay-later interior design services (Arabian Business 17/09/2024)
Gaming industry poised for big churn with new breed of developers shifting to ‘play-generate value-earn’ model to boost user engagement (Arabian Business 17/09/2024)
UAE real estate developer predicts rise of sustainable housing projects (Arabian Business 17/09/2024)
Dubai to host 21st Dubai Woodshow (WAM 16/09/2024)
UAE launches its ambitious 'Invest in the Emirates' campaign (WAM 16/09/2024)
Air Arabia Abu Dhabi launches Home Check-In service (WAM 16/09/2024)
Meraas awards AED850m construction contract for Bvlgari Lighthouse on Jumeira Bay Island (WAM 16/09/2024)
UAE President receives GCC Secretary-General, heads of delegations participating in anti-drugs workshop (WAM 16/09/2024)
Hamdan bin Mohammed meets with Chairman & CEO of CNN Worldwide (WAM 16/09/2024)
100 industrial businesses benefitting from reduced energy tariffs initiative: EtihadWE official (WAM 16/09/2024)
Etihad announces massive expansion as it reveals Summer 2025 flight plan (Arabian Business 16/09/2024)
e& UAE introduces free 10GB sim for tourists (Arabian Business 16/09/2024)
UAE insurance firm announces first flood and storm damage policy (Arabian Business 16/09/2024)
UAE clean energy spending passes $12.3b (Arabian Business 16/09/2024)
UAE FINANCIAL NEWS
Bayanat name changed to Space42: ADX (WAM 23/09/2024)
FTA renews calls for Resident Juridical Persons with Licences issued in July to register for Corporate Tax (WAM 23/09/2024)
AD Ports Group signs agreements to refinance $2.25b debt (WAM 20/09/2024)
Listed companies required to provide audited financial statements within 45 days of end date of relevant quarter: ADX (WAM 20/09/2024)
UAE assets: What are the world’s richest people investing in? (Arabian Business 20/09/2024)
Public joint-stock companies pay AED61.73b in cash dividends, bonus shares in 2023: SCA (WAM 19/09/2024)
New service allows expats to remit money now, pay later in instalments (Khaleej Times 19/09/2024)
FTA reinforces crucial role of certified tax agents at Annual Forum for Certified Tax Agents (WAM 18/09/2024)
ADX named Best Islamic Stock Exchange 2024 (WAM 18/09/2024)
GCC economic growth to grow 4.4% in 2025: Oxford Economics (WAM 18/09/2024)
Etihad Credit Insurance signs financing deal to support Trafigura’s exports from UAE (WAM 18/09/2024)
CBUAE lowers Base Rate by 50 basis points (WAM 18/09/2024)
UAE banking sector’s liquid assets rise to AED800b by end of Q2-24 (WAM 17/09/2024)
Bank investments in monetary bills, Islamic CD hit AED226.9b by end of Q2-24: CBUAE (WAM 17/09/2024)
Etihad Credit Insurance achieves AED1.4b in credit coverage in Abu Dhabi over first eight months of 2024 (WAM 16/09/2024)
CBUAE imposes financial sanction on a bank operating in UAE (WAM 16/09/2024)
How to invest in UAE stocks without paying transaction fees (Arabian Business 16/09/2024)
UAE M&A NEWS
Yahsat, Bayanat merger to be completed on October 1 (WAM 23/09/2024)
UAE BILATERAL TRADE NEWS
Estonian ambassador hopes flights between UAE, Baltic country to start soon (Khaleej Times 23/09/2024)
UAE President Sheikh Mohamed visits US as countries look to boost $40b trade ties (Arabian Business 23/09/2024)
M42 and Mumtalakat break ground on Amana Healthcare, Bahrain’s first specialised long-term care and rehabilitation facility (Abu Dhabi Media Office 23/09/2024)
Dubai Chamber of Commerce launches Georgian Business Council to strengthen economic partnerships (WAM 21/09/2024)
UAE, Eurasian Economic Commission to advance trade collaboration (WAM 20/09/2024)
DP World Chairman Meets with Senegal Prime Minister to Strengthen Partnership and Boost Economic Growth (Government of Dubai Media Office 20/09/2024)
UAE-India Business Council and Rajasthan ink pact to boost investments (Arabian Business 20/09/2024)
UAE, Canada launch first whitepaper on conducting internal audits for Nuclear Regulators (WAM 19/09/2024)
49 Korean companies to participate in WETEX 2024 (WAM 19/09/2024)
Etihad Cargo, SF Airlines to strengthen UAE-China trade with joint venture commitment (WAM 19/09/2024)
MoHAP explores avenues of boosting health collaboration with Serbia (WAM 19/09/2024)
Etihad showcases love of Indonesia at Bali International Air Show (WAM 18/09/2024)
EDGE Group hosts delegation from Brazilian Air Force (WAM 18/09/2024)
Dubai International Chamber highlights opportunities for local companies to expand in Tanzania, Uganda (WAM 18/09/2024)
UAE, Japan launch talks to reach Comprehensive Economic Partnership Agreement aimed at enhancing sustainable economic growth in both countries (WAM 18/09/2024)
UAE President to begin official visit to US on Monday (WAM 18/09/2024)
UAE, Australia conclude negotiations on Comprehensive Economic Partnership Agreement (WAM 17/09/2024)
EDGE to showcase latest advanced technology, defence solutions at Azerbaijan International Defence Exhibition (WAM 16/09/2024)
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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
