UAEThrive Daily News Roundup January 28 2025

January 28, 2025, is shaping up to be a dynamic day for the UAE, with key developments across diverse sectors. From the announcement of 2025 as the “Year of Community” promoting social cohesion and heritage preservation, to international collaborations strengthening ties, today’s headlines reflect a forward-looking nation. In this roundup, we’ll cover everything from groundbreaking scientific advancements, like the inauguration of the new Stem Cells Research Centre, to global events spotlighting the UAE’s leadership in innovation, sustainability, and diplomacy.

Stay tuned as we highlight top stories, essential updates, and emerging trends all focused on the UAE’s economy, culture, and progress. Whether you’re a resident, entrepreneur, or simply intrigued by the UAE’s rapid development, this comprehensive news digest is crafted to keep you informed. For similar updates, visit our daily coverage page.

Economic Growth and Digital Advancements

The UAE continues to establish itself as a global leader in addressing economic and technological challenges through innovative policies. With initiatives ranging from fintech advancements to sustainability goals, the country is setting benchmarks for futuristic governance. Below, we explore some of the major updates that are shaping the UAE’s economic and digital landscape.

Careem Pay’s Fee-Free Remittance Initiative

Photo by Nataliya Vaitkevich

Careem’s latest move to introduce fee-free remittances is a bold step targeting one of the most critical pain points for expatriates. With over 80% of the UAE’s population comprising expats, remittance fees often eat into their hard-earned money when sending money home. By removing these fees, Careem Pay not only lightens the financial burden of users but also disrupts a traditional remittance system that has been notoriously slow to innovate.

This initiative integrates seamlessly with the UAE’s broader digital transformation goals. It supports the growth of the fintech sector, an area increasingly highlighted in the country’s economic strategies. Moreover, by leveraging the ease of digital payments, Careem Pay strengthens consumer trust in emerging financial technologies.

Key takeaway: By eliminating remittance fees, Careem Pay doesn’t just offer convenience; it serves as part of the UAE’s push to digitise financial systems and reduce the dependency on traditional banking.

Corporate Tax Registration Deadline by FTA

The Federal Tax Authority (FTA) recently reminded businesses about the March 2025 deadline for corporate tax registration. This is a critical milestone in ensuring compliance with the UAE’s regulations, particularly as the government aligns itself with global economic trends.

Why does this matter? Well, adhering to the corporate tax requirements isn’t just about avoiding fines; it’s about building a culture of accountability. Businesses that lag behind may face penalties, while those in compliance can position themselves favourably in an increasingly competitive market. The move is part of a larger aim to diversify state revenues and reduce reliance on oil.

For businesses, now is the time to act. Companies need to ensure that their books are in order, appoint suitable tax consultants, and invest in tools aimed at simplifying compliance.

Pro Tip: If you’re a small business owner, look into FTA tax guidelines to better understand the registration process.

DIFC’s Focus on Wealth Transfer and Net Zero Goals

Dubai International Financial Centre (DIFC) is spearheading two critical objectives: facilitating a smooth $1 trillion wealth transfer and supporting the UAE’s net zero sustainability targets. These two areas may seem unrelated, but they are deeply interconnected.

On one hand, the DIFC expects a massive generational wealth transfer over the coming decade. To navigate this process smoothly, the DIFC is focusing on regulatory frameworks and family office setups. On the other hand, its net zero commitment underscores a long-term strategy to align economic growth with sustainability—a foundational pillar of the country’s Vision 2030.

By prioritising eco-conscious investment avenues and integrating ESG (Environmental, Social, Governance) standards, the DIFC is setting an example for financial hubs worldwide. It’s a vision that not only fosters economic resilience but also aligns financial policies with global calls for climate action.

Why does this matter to you? Whether you’re an investor or a financial professional, the DIFC’s twin focus opens up untapped opportunities in sustainable investments and advisory roles. It’s a reminder that growth and responsibility can—and should—move in tandem.

For further details, explore how technology impacts economic growth, and see why DIFC remains a linchpin in UAE’s financial sector.

Real Estate and Infrastructure Developments

The UAE continues to make headlines with transformative developments in real estate and infrastructure. From the surging property market to innovations in transportation, these advancements signal a brighter future, albeit with some challenges along the way.

Dubai Real Estate Surge and Housing Affordability

Dubai’s real estate market is on the rise, but it’s not without its challenges. With property prices increasing by over 10% in 2024 alone, Dubai has witnessed robust foreign investment, a high influx of residents, and rising demand for premium housing. Major events like the ACRES 2025 Real Estate Exhibition showcase how developers are focusing on luxury properties and innovative architecture to cater to a global audience.

However, this boom has sparked rental hikes, making affordability a growing concern, especially for middle-class residents. With rents climbing dramatically, many UAE residents are revisiting their financial strategies to adjust to these changes. Infrastructure strain is another pressing issue, as the city continues to expand to accommodate its growing population. Developers and policymakers must strike a balance between meeting global demand and ensuring affordable housing and modern urban living.

For more noteworthy insights into Dubai’s property landscape, explore Metropolitan Real Estate.

Etihad Rail Unveils High-Speed Inter-City Travel

Photo by The Lazy Artist Gallery

Imagine a commute between Abu Dhabi and Dubai in just 30 minutes—this is no longer a dream, thanks to the groundbreaking high-speed passenger rail system unveiled by Etihad Rail. Scheduled to revolutionise inter-city travel, the rail service is expected to enhance not just transportation but also economic integration across the UAE’s two largest cities.

This initiative is a game-changer for businesses and commuters alike, cutting travel time significantly while reducing the environmental impact of road-based transportation. According to analysts, this project will connect communities, fuel economic activity, and support the UAE’s sustainability goals. With plans to offer all-electric service, Etihad Rail is setting a new benchmark in eco-friendly travel infrastructure.

Key takeaway: This high-speed link isn’t just a convenience. It represents a shift in how the UAE balances connectivity, sustainability, and long-term growth.

Flexible Toll Pricing by SALIK

As traffic congestion becomes a pressing issue in Dubai’s ever-expanding metropolis, SALIK has introduced a flexible toll pricing system, effective January 31, 2025. The dynamic pricing model adjusts charges based on peak and off-peak hours, aiming to smooth traffic flow and encourage smarter commuting practices. Peak hour tolls will now increase slightly, while off-peak and free hours provide an alternative for those seeking cost-effective travel.

What does this mean for residents and businesses? In essence, drivers will need to plan their commutes wisely. The variable pricing initiative is expected to result in better traffic management and reduced congestion during critical hours. It’s an innovative step to ensure that Dubai’s roads remain efficient and accessible as the city continues to grow.

For local commuters who dread long delays, this system presents not just a challenge, but also an opportunity to rethink travel habits.

Quick Tip: Keep your travel apps updated to track toll costs and optimised routes in real-time.

Sustainability and Innovative Collaborations

The UAE continues to champion sustainability and innovation with collaborations that have transformative potential on a global scale. By bridging continents and fostering investment, these initiatives are not only shaping a greener future but also solidifying the UAE’s role as a global leader in sustainable development.

Green Hydrogen Partnership: ACWA Power and Snam

Photo by Anna Shvets

Saudi Arabia’s ACWA Power and Italy’s Snam have entered a groundbreaking partnership aimed at establishing an international supply chain for green hydrogen. This collaboration seeks to connect the Middle East and Europe, creating a reliable and cost-effective system to transport green hydrogen and ammonia across borders.

Why does this matter? Green hydrogen has emerged as a vital solution to reducing global carbon emissions and achieving energy transitions. Through initiatives like this, the UAE further cements its commitment to environmental sustainability while aligning with Europe’s goal of becoming a carbon-neutral continent by 2050.

Key anticipated outcomes include:

• Boosting clean energy exports: The UAE will play a pivotal role in delivering clean fuel to regions with high energy demands, much like a green artery connecting continents.
• Increased investments in R&D: The partnership opens doors for joint investments in technologies that can optimise hydrogen production and storage.
• Strengthened economic ties: Collaborations like these also enhance diplomatic and economic connections between the Middle East and Europe.

According to Power Engineering International, this partnership exemplifies the growing synergy among global power players to accelerate decarbonisation. It’s a move that not only benefits both regions economically but also sends a strong message about international cooperation on climate action.

For more insights into sustainable strategies, check out Business Trends 2025, where innovations in energy and eco-friendly technologies are highlighted.

NEOM Secures Global Financial Backing

In a landmark development, Saudi Arabia’s NEOM megaproject has achieved a financial milestone by securing $3 billion in financing, guaranteed by Italy’s export credit agency, SACE. Supported by a coalition of nine international banks, this funding is instrumental in advancing NEOM’s ambitious infrastructure and sustainability initiatives.

Why should we care? NEOM isn’t just another infrastructure project; it represents a vision for a future where urban living harmonises with the environment. The $500 billion development plans include futuristic cities like “The Line”, as well as sustainable tourism hubs such as Trojena.

This new injection of funds is poised to:

• Accelerate development timelines: With finances secured, NEOM can expedite critical projects to meet its 2030 completion goals.
• Diversify funding: Tapping into global financing strengthens its economic model and reduces dependence on traditional funding sources.
• Lead in sustainability: Projects under the NEOM umbrella focus heavily on renewable energy, desalination using solar power, and urban designs that eliminate the need for cars or emissions-heavy infrastructure components.

Financing Middle East reported that this funding will specifically support projects pivotal to NEOM’s vision, such as The Line and Trojena. Such initiatives are expected to redefine sustainability benchmarks for urban developments globally.

It’s becoming increasingly clear that NEOM is not merely a local project but a global effort to reimagine what sustainable living can look like. For a broader conversation on sustainability’s role in future business practices, explore related insights in 2025 Marketing Trends.

Social and Cultural Highlights

As the UAE ushers in another landmark year, social initiatives and cultural events are at the forefront of shaping a united and inclusive society. From celebrating the values of community to empowering the next generation, let’s take a closer look at some of the highlights.

2025: The Year of Community

Photo by PNW Production

The UAE has rightly declared 2025 as the “Year of Community,” a step that embodies its mission to unify individuals across diverse backgrounds. With a focus on inclusion, collaboration, and national development, this initiative encourages citizens and residents to actively participate in fostering stronger societal bonds.

Expect a diverse calendar packed with heritage preservation events, family-friendly programmes, and community-based collaborations. These initiatives aim to:

• Bring generations together: Strengthen connections between younger and older Emiratis.
• Preserve cultural identity: Highlight arts, crafts, and traditions unique to the UAE.
• Enhance national pride: Promote shared responsibilities for societal growth.

This year’s theme also aligns with the UAE’s long-term vision to nurture an inclusive environment where every stakeholder, from citizens to expats, feels valued. For an in-depth perspective, Khaleej Times outlines how these efforts will bring communities closer while preserving heritage.

Pro Tip: Dive into initiatives like ‘Chasing Dreams by TeamAngelWolf’ that exemplify teamwork, unity, and the power of collective effort.

Dubai Youth Forum: Empowering Future Leaders

Youth represent the backbone of any thriving nation, and the Dubai Youth Forum is proof of the UAE’s commitment to inspiring the leaders of tomorrow. Hosted at the iconic Mohammed Bin Rashid Library, this forum is a platform where budding talents are encouraged to share ideas, develop skills, and collaborate on transformative projects.

Key highlights of the forum include:

• Workshops on innovation: Interactive sessions designed to nurture creative problem-solving.
• Panel discussions with industry leaders: Insights from experts across tech, sustainability, and cultural sectors.
• Networking opportunities: A chance for young minds to connect with mentors and peers.

For attendees, the forum offers an inspiring mix of education and empowerment, paving the way for impactful contributions to their communities. Don’t miss the chance to explore focused sessions that align with the UAE Vision 2030, designed to equip the youth with tools they need to tackle future challenges.

Key takeaway: The Dubai Youth Forum isn’t just an event; it’s a movement to cultivate innovators, disruptors, and leaders who will shape the future of the UAE.

For more details on youth-related empowerment initiatives, keep an eye on UAE Thrive.

Middle East Tech and Travel Updates

Technology and travel in the Middle East have been making headlines recently, demonstrating the region’s ambition and preparedness for a digitally connected, travel-driven future. With advancements in 5G fuelling connectivity and innovative projects redefining regional travel, the Middle East is positioning itself as a hub for innovation and seamless exploration.

eSim Market Expansion Driven by 5G and Travel Demand

Photo by The Lazy Artist Gallery

The adoption of 5G technology is creating a robust ecosystem for the expansion of the eSim (embedded SIM) market in the Middle East. As 5G continues to roll out across the region, it is enabling faster, more reliable internet connections, which are critical for both local consumers and travellers seeking uninterrupted digital access.

What’s driving the demand? The surge in international travel to and from the region plays a pivotal role. As travel restrictions ease and tourism booms, the convenience of eSim technology—eliminating the need for physical SIM cards—has become a game changer. Whether for a business trip or a holiday in Dubai, travellers are opting for seamless connectivity to stay online the moment they land.

Key Benefits of eSims:

• Instant activation: No waiting in line to purchase a SIM on arrival.
• Flexible plans: Customisable data packages that adapt to travel needs.
• Multi-region functionality: Easily switch between service providers while travelling.

Major telco operators in the UAE and neighbouring countries are capitalising on this trend by integrating eSim options into their 5G networks. As a result, the region is quickly becoming a leader in digital connectivity for global travellers.

For a deep dive into how the tech landscape is shaping travel explore market growth statistics.

Saudi Arabia’s Dream of the Desert Train

Saudi Arabia is ushering in a new era of luxury and speed with its visionary project—a high-speed rail system connecting key desert regions. Dubbed the “Desert Train”, this futuristic transportation system is as much about spectacle as it is about functionality.

Much like its architectural marvels, Saudi Arabia’s train system reflects both innovation and extravagance. Designed to cater to luxury travellers, the train will feature premium cabins, exclusive lounges, and gourmet dining experiences. But it’s not just about luxury—it serves a broader purpose.

How the Desert Train Transforms Travel in the Middle East:

1. Enhancing Accessibility: Connects remote, picturesque desert locales to urban hubs, making exploration easier for tourists.
2. Supporting Sustainability Goals: Operates on renewable energy sources, aligning with Saudi Arabia’s green initiatives.
3. Boosting Economic Integration: Facilitates quicker movement between cities, positively impacting business travel and tourism.

In many ways, the Desert Train symbolises the intersection of culture and modernity. Travellers can expect to glide through sand dunes in unparalleled comfort, with a ride reminiscent of luxury air travel but on the ground.

To understand broader trends shaping travel in Saudi Arabia, check out the key trends in Middle East travel that redefine tourism experiences.

The Middle East continues to surprise with its ambitious projects and technological investments. These developments spotlight the region’s vision for becoming a central player in global connectivity and travel. Stay tuned as these stories evolve and bring new possibilities for residents and visitors alike.

Conclusion

The UAE’s progress on January 28, 2025, exemplifies its ambition and strategic vision across various sectors. From economic innovation to robust sustainability initiatives and cultural unity, the nation continues to set benchmarks on a global scale.

Take a moment to explore key stories like the fee-free remittance rollout by Careem Pay, the expansion of green hydrogen partnerships, and the inauguration of cutting-edge inter-city rail services. These developments are shaping a stronger, more inclusive UAE.

Stay consistently informed with UAEThrive’s daily news updates, and join the conversation by sharing your perspectives on these transformative events. Let’s keep the momentum going as we navigate the UAE’s journey in creating a vibrant, future-ready society.