UAE Weekly Business News 23/10/23
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UAE Weekly Business News, Issue 159. 23 October 2023.
UAE free zones news
Dubai Internet City and Korea National IT Industry Promotion Agency sign MoU to bolster global technology sector (WAM 20/10/2023)
Dubai Internet City open to building more start-up incubators (The National 19/10/2023)
Masdar City and Huawei join forces to accelerate net-zero (WAM 17/10/2023)
Abu Dhabi signs deals with 25 companies to join smart mobility cluster (The National 17/10/2023)
Abu Dhabi’s Smart and Autonomous Vehicle Industry cluster welcomes China’s Neta Auto (WAM 16/10/2023)
Hub71 revamps incentive programme, offers up to AED 750,000 to further solidify its commitment to startup growth from Abu Dhabi (WAM 16/10/2023)
Emirates NBD, DIFC launchpad announce ‘National Digital Talent Incubator’ programme (WAM 16/10/2023)
UAE employment, visa and Emiratisation news
Single Gulf tourist visa to be introduced within two years, minister says (The National 23/10/2023)
Most UAE and Saudi employees willing to switch jobs for better benefits (The National 23/10/2023)
‘Can a recruitment company charge me a job guarantee fee?’ (The National 23/10/2023)
Tadbeer visa vs family visa in the UAE: Making budget-friendly choices (Khaleej Times 23/10/2023)
UAE’s Artificial Intelligence Office partners with Code.org to enhance national talents (WAM 22/10/2023)
ETCC, Presight announce their partnership during GITEX (WAM 20/10/2023)
Talent Attraction and Retention Committee reviews key initiatives and projects adopted in 2023 to enhance the UAE's talent attraction system (WAM 18/10/2023)
GPSSA explains steps to calculate retirement pension, end-of-service gratuity (WAM 18/10/2023)
How to apply for special COP28 entry permit, cost – all you need to know (Arabian Business 18/10/2023)
UAE’s pension system ranked 23rd globally (The National 17/10/2023)
UAE business and trade news
Aldar achieves record occupancy in Grade A commercial properties in Abu Dhabi (WAM 23/10/2023)
First-ever 5G-powered ambulances to boost emergency care, save lives (Khaleej Times 23/10/2023)
Etihad Airways announces Scandinavian Airlines codeshare (Arabian Business 23/10/2023)
UAE tops list for employee cryptocurrency withdrawals in the region, research finds (Arabian Business 23/10/2023)
Emirates Health Services, Burjeel Hospital sign MoU to bolster health services in government schools (Arabian Business 23/10/2023)
Dubai real estate market poised to double in size over the next decade (Arabian Business 23/10/2023)
Abu Dhabi to host the 69th International Congress of Aviation and Space Medicine (WAM 22/10/2023)
Global IT Challenge for Youth with Disabilities 2023 to be held for first time in Abu Dhabi (WAM 22/10/2023)
2nd Digital Publishing Forum begins Wednesday in Dubai (WAM 22/10/2023)
HBMSU, Knowledge E forge strategic partnership (WAM 22/10/2023)
RTA completes 72% of construction on internal roads (WAM 22/10/2023)
RTA releases 8th Sustainability Report 2022 (WAM 21/10/2023)
Ministry of Finance launches digital transformation initiatives using metaverse and AI solutions (WAM 21/10/2023)
World Investment Forum 2023 ends with strong call for greater private and public investment (WAM 21/10/2023)
Samsung partners with RTA for digital Dubai Metro payments (Arabian Business 21/10/2023)
UAE economy thriving across various sectors as GDP grows over 22% since 2021 (Arabian Business 21/10/2023)
MBZUAI accelerates development of UAE’s AI ecosystem (WAM 20/10/2023)
Drone delivery pioneer Meituan UAS joins Ministry of Economy’s NextGen FDI Programme (WAM 20/10/2023)
SCAD launches AI-powered Insights and Foresights Platform 2.0 at GITEX 2023 (WAM 20/10/2023)
UAE is witnessing growing momentum across all economic sectors (WAM 20/10/2023)
e& and UAE Ministry of Education partner to take technology education to new heights (WAM 20/10/2023)
Dubai records AED8.2b in weekly real estate transactions (WAM 20/10/2023)
Ministry of Energy, Masdar City to exchange knowledge on housing projects (WAM 20/10/2023)
Core42, AWS collaborate to accelerate Digital Transformation in the UAE (WAM 20/10/2023)
Abu Dhabi returns to British Airways’ route map (WAM 20/10/2023)
DHA revolutionises healthcare delivery in Dubai through cutting-edge smart solutions (WAM 20/10/2023)
Department of Community Development transfers licensing of social care professionals services to TAMM (Abu Dhabi Media Office 20/10/2023)
PureHealth and UAE Cyber Security Council partner to advance healthcare sector (Abu Dhabi Media Office 20/10/2023)
UAE's first German university set to welcome students (The National 20/10/2023)
Air Arabia announces flights from UAE to Giza, Egypt (Arabian Business 20/10/2023)
DCT Abu Dhabi extends partnership with UFC for MMA championship events until 2028 (Arabian Business 20/10/2023)
Dubai Airshow 2023 unveils future-focused conference agenda (WAM 19/10/2023)
UAE Cyber Security Council, ATRC ink agreement to strengthen nation’s cryptographic and cybersecurity (WAM 19/10/2023)
Abu Dhabi Customs, MBZUAI collaborate on research and development for innovative projects (WAM 19/10/2023)
Nedaa, du unite to pioneer UAE's telecommunication sector transformation (WAM 19/10/2023)
MoCCAE promotes innovation in food systems, agriculture in cooperation with World Food Programme, Food Tech Valley (WAM 19/10/2023)
Abu Dhabi Municipality launches campaign to clarify temporary outdoor seating regulations (WAM 19/10/2023)
Thani Al Zeyoudi attends World Investment Forum to accelerate investment in high-potential markets (WAM 19/10/2023)
Department of Government Enablement – Abu Dhabi enhances TAMM platform (Abu Dhabi Media Office 19/10/2023)
Abu Dhabi Chamber launches ChamberGPT to support business development in the emirate (Abu Dhabi Media Office 19/10/2023)
Emirates renews long-standing bid for Berlin flights (The National 19/10/2023)
Global Village has officially opened its doors to the public for Season 28 (Arabian Business 19/10/2023)
Abu Dhabi fines venues $1,400 over outdoor seating rule breaches (Arabian Business 19/10/2023)
Mansour bin Zayed issues Decision establishing Notary Services Bureau in English in Abu Dhabi (WAM 18/10/2023)
DCD collaborates with Accenture to revolutionise Abu Dhabi’s social sector
EAD, GGGI partner to accelerate green development in UAE (WAM 18/10/2023)
G42 and OpenAI partner to deploy advanced AI in UAE and broader region (WAM 18/10/2023)
ADIO and NWTN collaborate in smart vehicle innovation to boost Abu Dhabi’s green economy (WAM 18/10/2023)
ADQ FWD paper showcases transformative impact of sovereign wealth funds (WAM 18/10/2023)
UAE calls for strengthening cooperation between Middle Eastern countries to build a sustainable and innovative tourism sector (WAM 18/10/2023)
Presight AI and TOTM Technologies form joint venture for proprietary technology deployment (WAM 18/10/2023)
Future Blockchain Summit sets the stage for a greener future (WAM 18/10/2023)
ADNOC Gas signs $500-700 million LNG supply agreement with JERA Global Markets (WAM 18/10/2023)
Rapid policymaking and regulation key to unlocking AI potential’, says Dubai Future Foundation CEO (WAM 18/10/2023)
UNCTAD World Investment Forum plays pivotal role in assisting decision-makers (WAM 18/10/2023)
Business jet demand to remain robust over next decade, Honeywell says (Arabian Business 19/10/2023)
How economic growth and reforms attract investors to GCC markets (Arabian Business 19/10/2023)
Dubai’s Omniyat aims to boost its property portfolio to $15b in next two years (Arabian Business 19/10/2023)
Emirates expands Neste sustainable aviation fuel partnership (The National 18/10/2023)
UAE to retrain workers who lose their job to AI (Arabian Business 18/10/2023)
Abu Dhabi announces English-language judicial services office, no translation needed on contracts and documents (Arabian Business 18/10/2023)
UAE travel trends: Solo travel increasing in popularity, survey reveals (Arabian Business 18/10/2023)
iFarm launches vertical farm in Dubai as sector tipped to reach $6.23b in MENA (Arabian Business 18/10/2023)
Astra Tech partners with IME Nepal to introduce secure remittance services through Botim Ultra app (Arabian Business 18/10/2023)
Omar Al Olama highlighted AI governance and regulations in the UAE (WAM 17/10/2023)
Moro Hub, Digital Dubai Authority join forces to strengthen cybersecurity infrastructure in Dubai (WAM 17/10/2023)
UAE marks a decade of collaboration in Belt and Road Initiative, focused on development and prosperity (WAM 17/10/2023)
Dubai Customs unveils revolutionary AI-powered customs audit system at Gitex Global 2023 (WAM 17/10/2023)
Presight and Intelligent Security Systems sign MoU to fuel innovations in smart and safe city (WAM 17/10/2023)
UAE a strong supporter of multilateral trade system (WAM 17/10/2023)
UAE's significant achievements support candidacy for category B membership in IMO Council (WAM 17/10/2023)
Archer, ADIO to launch Archer’s all-electric air taxi service across UAE (WAM 17/10/2023)
Air Arabia ranks first on Airfinance Journal's list of top 100 global airlines (WAM 17/10/2023)
UAE is key entry point for international companies into MENA region (WAM 17/10/2023)
ADU's Engineering Faculty listed in world’s top 2% of cited researchers for 2023 (WAM 17/10/2023)
UAE space sector a vital component to address climate change challenges (WAM 17/10/2023)
UAE President receives Ruler of Fujairah and Crown Princes of Fujairah and Ajman (WAM 17/10/2023)
UAE a 'safe haven' for investors despite rising geopolitical uncertainty in Middle East (The National 17/10/2023)
Dubai rental disputes can now be heard in the metaverse, AI robot judges serve legal rulings (Arabian Business 17/10/2023)
How UAE space sector can help climate change goals (Arabian Business 17/10/2023)
UAE ministry offers 100 government services in less than 4 minutes (Arabian Business 17/10/2023)
Gas Safety Committee in Abu Dhabi announces preliminary inspection results (WAM 16/10/2023)
Sustainable irrigation essential for increasing local food production, ensuring food security: ADAFSA (WAM 16/10/2023)
UAE Minister of Foreign Trade holds high-level meetings at UNCTAD’s 8th World Investment Forum (WAM 16/10/2023)
Miral, Emerge to develop solar project on Yas Bay Waterfront (WAM 16/10/2023)
Abu Dhabi Airport's Terminal A begins operations on November 1st (WAM 16/10/2023)
G42 launches Core42 to deliver national-scale enterprise cloud and AI capabilities (WAM 16/10/2023)
ADIO, Abu Dhabi Aviation partner to promote eVTOL aircraft (WAM 16/10/2023)
Oman and Etihad Rail Company, Emirates Steel Arkan partner to transport raw limestone from Oman to UAE (WAM 16/10/2023)
Department of Health – Abu Dhabi and Abu Dhabi University forge partnership on life sciences and innovation (WAM 16/10/2023)
Mansoor bin Mohammed underscores Dubai’s commitment to consolidating its profile as leading city on global sports map (WAM 16/10/2023)
UAE leads efforts to create global sustainable food system (WAM 16/10/2023)
Buy phones, mobile plans at world’s first unmanned telecom store (Khaleej Times 16/10/2023)
UAE financial news
UAE corporate tax: Can a building be subdivided for tax purposes? (The National 23/10/2023)
Multiply Group announces 337% YoY increase in net profit excluding fair value changes for Q3-23 (WAM 21/10/2023)
EasyLease maintains profitability and strong revenue growth in Q3 2023 (WAM 21/10/2023)
UAE bank bosses eye growth, highlight $51.8b renewable energy financing (Arabian Business 21/10/2023)
UAE Banks Federation CEOs Consultative Council reaffirms sector’s ability to continue to grow (WAM 20/10/2023)
EDGE, etisalat by e& partner to promote secure communication solutions in key markets (WAM 20/10/2023)
FAB reports AED12.4b net profit in first nine months of 2023 (WAM 19/10/2023)
Net profits of Mena banks surge 30% in first half of 2023 on strong fundamentals (The National 18/10/2023)
GULFNAV announces net profit of AED35m for M9 2023 (WAM 17/10/2023)
UAE, Saudi Arabia lead MENA VC fundraising (WAM 17/10/2023)
UAE seeks a sustainable, prosperous economic future that serves UAE and its partners: Thani Al Zeyoudi at WIF (WAM 16/10/2023)
Dubai Sees 20% Growth in Funding for Start-ups at TECOM Group’s in5 (WAM 16/10/2023)
Al Etihad Payments launches Aani instant payment platform for digital transactions in UAE (WAM 16/10/2023)
UAE mergers and acquisitions news
E&'s consumer and international units plan acquisitions in expansion drive (The National 22/10/2023)
ADMO Lifestyle Holding signs definitive agreement to acquire CE LA VI group (WAM 18/10/2023)
UAE bilateral trade news
DEWA CEO, Consul-General of Switzerland explore collaboration in renewable energy (WAM 23/10/2023)
Khaled bin Mohamed bin Zayed meets with Prime Minister of Singapore (WAM 22/10/2023)
Maktoum bin Mohammed meets Prime Minister of Singapore, explores strengthening bilateral relations (WAM 22/10/2023)
UAE President and Singaporean Prime Minister discuss bilateral relations (WAM 22/10/2023)
DP World signs 30-year concession to operate multi-purpose Dar Es Salaam Port in Tanzania (WAM 22/10/2023)
Minister of Economy holds meetings with Brazil, Spain, Uzbekistan, Georgia and UNWTO to strengthen tourism cooperation (WAM 22/10/2023)
Maktoum bin Mohammed meets with Prime Minister of Singapore (Government of Dubai Media Office 22/10/2023)
Kazakhstan seeks to increase trade exchange with UAE to US$1b (WAM 21/10/2023)
Maktoum bin Mohammed meets with Ren Deqi, Chairman of China’s Bank of Communications (WAM 21/10/2023)
UAE President meets with Vietnamese Prime Minister on sidelines of GCC-ASEAN summit (WAM 20/10/2023)
UAE President leads delegation at GCC-ASEAN Summit inaugurated by Saudi Crown Prince (WAM 20/10/2023)
Zimbabwe looks forward to working with UAE on women's empowerment (WAM 19/10/2023)
Sarah Al Amiri leads UAE delegation to Switzerland, discusses science diplomacy, quantum technologies (WAM 18/10/2023)
UAE supports sustainable projects in Seychelles to boost energy transition (WAM 18/10/2023)
Emirati investments in Turkiye reached AED20.6b until last August (WAM 17/10/2023)
Mansour bin Zayed meets Kazakh PM (WAM 17/10/2023)
Leading up to COP28 in the UAE
30th November-12th December 2023
UAE unites global efforts to address climate change, LSEG official tells WAM (WAM 23/10/2023)
UAE consolidates its global position in enhancing the transformation towards clean and renewable energy (WAM 22/10/2023)
MENA Climate Week increases countries’ engagements in COP28 (WAM 21/10/2023)
Climate Bonds Initiative CEO: UAE poised for green issuance surge ahead of COP28 (WAM 20/10/2023)
COP28 President calls for ambitious climate action at Arctic Circle Assembly (WAM 20/10/2023)
COP28 Business & Philanthropy Climate Forum unveils key partners, uniting to drive global climate action (WAM 19/10/2023)
UAE community gardening initiatives promote sustainability and food self-sufficiency (WAM 19/10/2023)
Cop28 Business and Philanthropy Forum in tie-ups to drive climate action (The National 19/10/2023)
FAO hopes COP28 will achieve Paris Agreement goals (WAM 18/10/2023)
COP28 Presidency co-Hosts Global Dialogue in Abu Dhabi to focus on accelerating the energy transition (WAM 17/10/2023)
COP28 Presidency calls on governments to endorse the COP28 Declaration on Climate and Health (WAM 17/10/2023)
UAE determined to leverage solar energy as a cornerstone of its sustainable development vision (WAM 16/10/2023)
COP28 Director-General Calls for Climate Finance Reform at WBG-IMF Annual Meetings (WAM 16/10/2023)
UAE organises first ever Ministerial Dialogue on Building Water-Resilient Food Systems during COP28 in cooperation with Brazil (WAM 16/10/2023)
UAE invests AED132.5b in renewable energy projects in 2022 (WAM 16/10/2023)
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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
