UAE Weekly Business News 30/12/2024
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UAE Weekly Business News: Issue 220 published 30 December 2024.
UAE FREE ZONE NEWS
Dubai Free Zones Council emphasizes commitment to support emirate's economic agenda (WAM 26/12/2024)
Jafza, Imdaad cut landfill use by 37% with waste-to-fuel plant (WAM 24/12/2024)
UAE VISA NEWS (inc. employment, Emiratisation, human resources, training and women)
UAE visa amnesty ends tomorrow: Illegal residents warned of action after Dec 31 deadline (Khaleej Times 30/12/2024)
Over 200 visa fraud offenders arrested in India this year; up from 98 in 2023 (Khaleej Times 30/12/2024)
UAE labour law: Can you ask for your employment contract in a language other than Arabic and English (Khaleej Times 29/12/2024)
(WAM 26/12/2024)
Department of Culture and Tourism – Abu Dhabi launches Golden Quay to Abu Dhabi Initiative, offering Golden Visas to superyacht owners (Abu Dhabi Media Office 25/12/2024)
UAE: Golden Visa offered to superyacht owners in Abu Dhabi under new initiative (Khaleej Times 25/12/2024)
UAE health sector expands with comprehensive insurance for workers (WAM 23/12/2024)
UAE BUSINESS NEWS
DEWA’s R&D Centre develops an IoT-enabled smart crew dispatch solution for fault management (Government of Dubai Media Office 30/12/2024)
UAE leads with groundbreaking infrastructure projects in 2024 (WAM 29/12/2024)
UAE Government issues Federal Decree-Law on medical products, pharmacy profession, pharmaceutical establishments (WAM 29/12/2024)
Dubai Land Department to Unveil Revolutionary Smart Rental Index in January 2025 (Government of Dubai Media Office 29/12/2024)
Dubai: Health, motor insurance premiums to go up from January 1, 2025 (Khaleej Times 29/12/2024)
Major UAE infrastructure projects in 2024: Nuclear power, airport expansion, new roads (Arabian Business 29/12/2024)
UAE industrial sector boom sees $56b GDP boost and massive investment surge (Arabian Business 29/12/2024)
UAE introduces new medical and pharmaceutical laws with fines of up to $272,000 (Arabian Business 29/12/2024)
Dubai real estate sector recorded $6b of transactions last week (Arabian Business 29/12/2024)
MENA business travel sector passes $17b (Arabian Business 29/12/2024)
UAE aviation booming with 150m passengers at airports in 2024, airline growth and $35b at Al Maktoum
International announcement (Arabian Business 29/12/2024)
UAE industrial sector: Cornerstone of sustainable economic growth (WAM 28/12/2024)
Air Arabia launches first flight between Ras Al Khaimah, Moscow (WAM 28/12/2024)
EcoWASTE 2025 kicks off in Abu Dhabi on January 14 (WAM 27/12/2024)
GCAA adopts Protocol for Autopsy and Aviation Medicine in Air Accident Investigations (WAM 27/12/2024)
Environment Agency – Abu Dhabi partners with Nabat to conserve and restore mangroves in the emirate using AI techniques (Abu Dhabi Media Office 27/12/2024)
Al Maya Supermarkets unveils cutting-edge app with 24/7 free delivery in just 60 minutes (Khaleej Times 27/12/2024)
Daiso Japan opens 12th store in Abu Dhabi at Reem Mall (Khaleej Times 27/12/2024)
UAE travel: Flydubai suspends flights to two southern Russian airports (Khaleej Times 27/12/2024)
Dubai food scene among “best in the world”, says Instachef Notorious Foodie (Arabian Business 27/12/2024)
Dubai Taxi Company unveils 2025-2029 strategy for sustainable growth (Arabian Business 27/12/2024)
Dubai to host 'ArabPlast' on January 7 (WAM 26/12/2024)
Abu Dhabi Mobility, Abu Dhabi Maritime launch digital 'MARSDNA' (WAM 26/12/2024)
UAE drives development in 2024 through forward-looking initiatives (WAM 26/12/2024)
Environment Agency – Abu Dhabi launches international standard carbon Measurement, Reporting, and Verification programme (WAM 26/12/2024)
Dubai Customs launches AEO Connect 2024 (Government of Dubai Media Office 26/12/2024)
Made-in-UAE gold jewellery production to double in 5 years, says top industry expert (Khaleej Times 26/12/2024)
Five trends that are expected to shape Dubai’s real estate in 2025 (Arabian Business 26/12/2024)
UAE maintains 2024 momentum with initiatives for development, cultural progress (Arabian Business 26/12/2024)
UAE tourism sees significant growth in 2024 (WAM 25/12/2024)
Mohammed bin Rashid underscores importance of bold, innovative approaches to reinforce UAE’s leading global position in sustainable development (WAM 25/12/2024)
SEHA's SKMC marks medical milestone with UAE's ECPR ECMO Procedure in Emergency Department (WAM 25/12/2024)
RTA Implements Comprehensive Traffic Enhancements in Nad Al Sheba (Government of Dubai Media Office 25/12/2024)
Cisco study: 43% UAE tech partners expect majority revenue from AI tech in 5 years (Arabian Business 25/12/2024)
Hamdan bin Mohammed forms interim steering committee to oversee transfer of commercial control operations in Dubai (WAM 24/12/2024)
Indian businesses top list of new companies joining Dubai Chamber of Commerce in 9 months (WAM 24/12/2024)
DCT Abu Dhabi records 4.8 million hotel visitors received in 2024 (WAM 24/12/2024)
Dubai to host first World Congress of Neurosurgery in Middle East (WAM 24/12/2024)
RTA expands nol Card services to enable e-scooter payments (WAM 24/12/2024)
Economy Middle East Summit to convene in May 2025 (WAM 24/12/2024)
ADAFSA amplifies agricultural sustainability efforts (WAM 24/12/2024)
EWEC secures four new sites for developing renewable energy projects (WAM 24/12/2024)
Ministry of Economy details new pricing policy for 9 categories of essential consumer goods (WAM 24/12/2024)
Air Arabia Abu Dhabi to resume Beirut flights on January 9 (WAM 24/12/2024)
ENOC to construct Jumeirah Lake Towers’ first service station (Arabian Business 24/12/2024)
Abu Dhabi’s Al Seer Marine expands its fleet with 2 modern MR tankers (Arabian Business 24/12/2024)
ADNOC Drilling expands UAE fleet with arrival of two new jack-up rigs (Arabian Business 24/12/2024)
Tahnoon bin Zayed emphasises ADQ’s role as catalyst for Abu Dhabi’s economic growth, expansion of international investment opportunities (WAM 23/12/2024)
UAE Government launches 'Data Index' to enhance data governance (WAM 23/12/2024)
Dubai Electronic Security Centre, World Bank Group to host first Global Government Cloud Forum (WAM 23/12/2024)
Dubai Metro, Tram score 96% in 2024 International Customer Experience Standards (WAM 23/12/2024)024)
Miral launches Sustainability Strategy to advance responsible leisure, entertainment and tourism in Abu Dhabi (Abu Dhabi Media Office 23/12/2024)
UAE FINANCE AND ECONOMY NEWS
Is cryptocurrency halal, legal? Experts weigh in (Khaleej Times 30/12/2024)
Al Ansari Financial Services, Halan partner to launch financing solutions in UAE (Arabian Business 30/12/2024)
SHUAA Capital approves launch of MCB tranches (WAM 29/12/2024)
Awqaf Capital: Facilitating endowment management and institutional investment (Abu Dhabi Media Office 29/12/2024)
UAE: Is Bitcoin haram? Experts argue it can be the ‘most Islamic form of money’ (Khaleej Times 29/12/2024)
UAE to remain fastest-growing economy in GCC (Khaleej Times 29/12/2024)
Public finance of GCC countries witnessed significant financial surplus in 2022, 2023: GCC-Stat (WAM 28/12/2024)
Dubai authorities dismantle two major international money laundering networks worth over AED641m (WAM 27/12/2024)
Emirates NBD joins National Incubator Network (WAM 26/12/2024)
Hamdan bin Mohammed issues Resolution pertaining to foreign banks operating in Dubai (WAM 26/12/2024)
ADFD extends additional AED147m loan to complete Velana International Airport development in Maldives (WAM 25/12/2024)
Global inflation: UAE tracks prices around world to prevent unjustified hikes (Khaleej Times 25/12/2024)
UAE retail investors prioritise financial goals for new year’s resolution: Report (Arabian Business 25/12/2024)
UAE retailers banned from hiking prices of 9 basic goods without prior approval (Khaleej Times 24/12/2024)
MoF announces amendments to Ministerial Decisions on Tax Groups, Participation and Foreign Permanent Establishment Exemptions (WAM 23/12/2024)
FTA renews its calls for Resident Juridical Persons with Licences issued in December to register for Corporate Tax (WAM 23/12/2024)
CBUAE maintains GDP growth projections for 2024 at 4% (WAM 23/12/2024)
UAE M&A NEWS
AD Ports Group completes restructuring of Noatum Group Assets (WAM 25/12/2024)
UAE BILATERAL TRADE NEWS
RAK Chamber, Pakistan Consulate discuss enhancing bilateral trade (WAM 25/12/2024)
UAE participates in first meeting of Arab Cybersecurity Ministers Council in Riyadh (WAM 23/12/2024)
UAE President receives phone call from Prime Minister of Iraq (WAM 23/12/2024)
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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
