UAE Weekly Business News 01/08/22
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UAE Weekly Business News, Issue 97. 1st August 2022.
UAE trade license, employment and visa-related news headlines
‘How much notice should I give if I resign during probation?’ (The National 31/07/2022)
CBUAE imposes financial sanctions on 6 banks operating in country (WAM 28/07/2022)
Abu Dhabi Business Centre adds 126 new activities under Tajer category to support SMEs (The National 28/07/2022)
Ministry of Human Resources and Emiratisation amends provisions of Wages Protection System (WAM 27/07/2022)
CBUAE imposes financial sanction on exchange house operating in country (WAM 27/07/2022)
UAE doubles down on penalties for late payment of wages (The National 27/07/2022)
IFZA, Commercial Bank of Dubai partner to provide exclusive banking solutions (WAM 26/07/2022)
Cybercriminals pose as postal services to target Middle East consumers (The National 26/07/2022)
Dubai grants provisional licence to Huobi crypto exchange (The National 25/07/2022)
Can UAE visa still be valid after six months outside the country? (The National 25/07/2022)
UAE bilateral trade news headlines
UAE, Kenya announce intent to commence negotiations on Comprehensive Economic Partnership Agreement (WAM 28/07/2022)
UAE seeks stronger maritime collaboration with Egypt (The National 28/07/2022)
Abu Dhabi Chamber discusses cementing cooperation with Philippine Business Council (WAM 27/07/2022)
Abdullah bin Zayed, Romanian counterpart discuss bilateral ties over phone (WAM 27/07/2022)
UAE-Nigeria Joint Committee meeting convened to advance economic cooperation (WAM 26/07/2022)
Bahrain joins UAE, Egypt and Jordan's industrial partnership for growth (The National 25/07/2022)
UAE business and economy-related headlines
Watermelon Market in push to help F&B industry save time and money (The National 01/08/2022)
Etihad Credit Insurance extends credit guarantees worth $1.3b in January-May (The National 01/08/2022)
School leavers are spending thousands of dollars for help with university applications (The National 01/08/2022)
Emirati neurosurgeon returns to carry out groundbreaking robotic spine surgery (The National 01/08/2022)
Passengers urged to register for smart gates at Dubai airport to avoid delays (The National 01/08/2022)
DEWA uses AI to improve efficiency of water network (WAM 31/07/2022)
MENA Attractions & Destinations Forum 2022 set to highlight regions key attractions, destinations to drive tourism growth sustainably (WAM 30/07/2022)
National banks provided AED696.7b in credit facilities to business and industrial sector in first four months of 2022 (WAM 29/07/2022)
Dubai’s real estate market records in June highest volume of sales in nine years (WAM 29/07/2022)
Dubai Financial Services Authority appoints new Chief Executive (WAM 29/07/2022)
AED6.8b in weeklong real estate transactions in Dubai (WAM 29/07/2022)
ADNOC announces second gas discovery from Offshore Block 2 Exploration Concession in Abu Dhabi (WAM 29/07/2022)
Ma'an incubator helps 12 start-ups to solve financial literacy and EdTech challenges (The National 29/07/2022)
Could starting a side hustle be your ticket to financial success? (The National 29/07/2022)
Some Abu Dhabi pharmacies allowed to provide Covid-19 vaccines and PCR tests
Abu Dhabi drive-through Covid-19 test centre to close (The National 29/07/2022)
Actis to acquire controlling stake in UAE's renewable energy developer Yellow Door Energy (The National 29/07/2022)
Etihad Airways soars to record-breaking first half profit as transformation pays off (WAM 28/07/2022)
DP World signs new development projects to strengthen F&B cluster, capabilities within Jebel Ali (WAM 28/07/2022)
Aldar Properties to acquire four commercial towers in ADGM From Mubadala Investment Company (WAM 28/07/2022)
EAD highlights Abu Dhabi Marine biodiversity conservation and rehabilitation efforts (WAM 28/07/2022)
UAE trademark applications up 98% in first half of 2022 (The National 28/07/2022)
DP World signs deals to develop new agri-storage and processing units at Jebel Ali port (The National 28/07/2022)
CBUAE raises Base Rate at 75 basis points (WAM 27/07/2022)
Ministry of Energy and Infrastructure launches Power-to-Liquids Roadmap (WAM 27/07/2022)
National visions on sustainable development support long-term cable industry growth in MENA (WAM 27/07/2022)
ADX ranked first in Arab region in terms of market value increase (WAM 27/07/2022)
EDB offers free consultancy to SMEs, boosting efficiency in UAE manufacturing (WAM 27/07/2022)
ADNOC Drilling awarded $2 billion in contracts for Hail, Ghasha Gas Development Project (WAM 27/07/2022)
Top M&A advisers in the Middle East and Africa in H1 revealed (The National 27/07/2022)
Abu Dhabi to open nine charter schools in September (The National 27/07/2022)
Genetic sequencing at Dubai children's hospital aims to improve patient care (The National 27/07/2022)
Fund transfers between UAE banks amounted to AED3.96t in first four months of 2022 (WAM 26/07/2022)
Cheques cleared in first four months valued at AED389b (WAM 26/07/2022)
Dubai Investments strengthens foothold in steel business with 25 years of Emirates Building Systems (WAM 26/07/2022)
ADNOC Logistics and Services acquires Zakher Marine International (WAM 26/07/2022)
Hub71, Clara partner to digitise startups’ legal needs (WAM 26/07/2022)
DEWA increases production capacity of energy and water (WAM 26/07/2022)
Mariam Almheiri inaugurates upgraded National Air Quality Platform (WAM 26/07/2022)
EAD reflects on Mangrove restoration efforts undertaken in Abu Dhabi (WAM 26/07/2022)
'Uber of private jet bookings' starts Middle East operations (The National 26/07/2022)
Dubai forms higher committee for future technology and digital economy (The National 26/07/2022)
Dubai to expand electricity and water production capacity to meet growing demand (The National 26/07/2022)
UAE’s financial wealth expected to surge to $1tn by 2026 #UAE prosecutors warn against posting images online without consent (The National 26/07/2022)
Abu Dhabi approves Dh6.6bn plan to boost pensions of Emirati public school workers (The National 26/07/2022)
President Sheikh Mohamed meets Sheikh Mohammed bin Rashid (The National 26/07/2022)
'Borouge 4' on track with early works underway, construction set to commence (WAM 25/07/2022)
Abu Dhabi's Borouge 4 plant set for next phase of development (The National 25/07/2022)
Written by Jenny Hunt
Founder, Gateway Group, Abu Dhabi & Dubai, United Arab Emirates
FORBES' Top 100 Most Influential Women in the Middle East
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