UAE Weekly Business News 02/01/23
Happy New Year. We wish you a peaceful, happy and successful 2023.
Welcome to Gateway Group's weekly roundup of business headlines for Abu Dhabi and Dubai. It's an ideal way of quickly and conveniently keeping clued up on essential business news in the UAE.
Simply scan through the headlines, choose those which are relevant to you and click the headlines to go directly to the articles. The source is in purple for reference only.
The UAE Weekly Business News is published every Monday. Subscribe to our blog to get it emailed to you each week.
UAE Weekly Business News, Issue 117. 2nd January 2023.

Abu Dhabi and Dubai trade license, entrepreneur, employment and visa-related news headlines
‘Can I take annual leave during my notice period?’ (The National 01/01/2023)
(WAM 31/12/2022)
UAE’s unemployment insurance scheme comes into effect (The National 30/12/2022)
CBUAE cancels registration of Al Fazaa Insurance Agent (WAM 29/12/2022)
AED72,000 for every Emirati not appointed according to 2022 target (WAM 29/12/2022)
Subscription to Unemployment Insurance Scheme starts on 1st January, 2023 (WAM 28/12/2022)
CBUAE cancels registration of BH Insurance Brokerage LLC (WAM 27/12/2022)
UAE’s Pension Authority raises awareness on incorrect contribution practices that result in penalising private sector entities (WAM 27/12/2022)
UAE government begins applying entrepreneurship leave for self-employment in January 2023 (WAM 27/12/2022)
UAE bilateral trade news headlines
Abdullah bin Zayed, Azerbaijani FM review bilateral relations (WAM 01/01/2023)
University of Dubai, Luiss University sign MoU (WAM 31/12/2022)
UAE secured 41.5% of Japan's crude oil needs in November (WAM 30/12/2022)
TDRA receives delegation from International Telecommunication Union (WAM 29/12/2022)
India supports UAE’s maritime initiatives: Indian Ministry of Shipping (WAM 29/12/2022)
Private sector to be fined for missing Emiratisation targets from January 1 (The National 29/12/2022)
How UAE life will change in 2023 as new laws come into force (The National 29/12/2022)
AD Ports Group signs major agreements with Kazakh National Oil Company subsidiary (WAM 28/12/2022)
Zimbabwe Business Council established in Dubai to boost trade volume and business relations (WAM 27/12/2022)
GCC is India’s largest trading partner bloc: Indian ministry of commerce (WAM 27/12/2022)
UAE and Africa: 51 years of deep-rooted relations (WAM 27/12/2022)
UAE President, Mauritanian President discuss bilateral relations over phone (WAM 27/12/2022)
US is UAE's most important ally, says ambassador Al Otaiba (The National 26/12/2022)
Abu Dhabi and Dubai business and economy-related news headlines
Smart electricity and water metres in Dubai increase 10-fold in 7 years (WAM 02/01/2023
Clean energy reaches 14% of Dubai’s total power production capacity (WAM 01/01/2023)
2.1m riders used public and shared transport means during New Year’s Eve (WAM 01/01/2023)
ZHO, Emirates Schools Establishment complete geographical data of 206 schools schools adapted for People of Determination at Level of Abu Dhabi (WAM 01/01/2023)
UAE leads Arab world in exports of manufactures (WAM 30/12/2022)
Dubai records AED9.6b in weekly real estate transactions (WAM 30/12/2022)
KEZAD Group advances Abu Dhabi Industrial Strategy with 500,000-metric tonne Dana Steel project (WAM 30/12/2022)
Hamdan bin Zayed inaugurates Bateen Liwa Resort (WAM 30/12/2022)
COVID-19 testing, vaccination remain available within Emirate’s healthcare facilities: DoH (WAM 30/12/2022)
EAD imposes AED328,000 administrative fines on environmental legislation violators (WAM 30/12/2022)
President Sheikh Mohamed looks to 'brighter future together' in 2023 (The National 31/12/2022)
Sheikh Mohammed calls for 2023 to be full of 'goodness and peace' (The National 31/12/2022)
UAE entering new year with confidence, says Dr Anwar Gargash (The National 31/12/2022)
Seha to close all Covid-19 centres in Abu Dhabi, Al Ain and Al Dhafra (The National 30/12/2022)
Abu Dhabi launches first mobile infectious diseases lab in UAE (The National 30/12/2022)
AGFUND, AMF sign MoU to promote economic development in Arab region (WAM 29/12/2022)
WAM report highlights UAE’s key milestones in 2022 (WAM 29/12/2022)
FAHR activates e-signature across federal government using UAE Pass (WAM 29/12/2022)
Abu Dhabi Blood Bank Services secures volunteer credit hours for blood donors (WAM 29/12/2022)
Dubai Chamber of Commerce launches Cloud Computing Business Group (WAM 29/12/2022)
UAE leadership believes in adopting advanced technology to explore futuristic approaches: Al Olama (WAM 29/12/2022)
EWEC announces over 60% of total power demand delivered from renewable energy sources (WAM 29/12/2022)
Net foreign investments in UAE stocks hit around AED30b since start of 2022 WAM 28/12/2022)
DEWA’s 'TESTIAC' project reduces 44,000 tonnes of CO2 emissions annually (WAM 28/12/2022)
How will Dubai and Abu Dhabi property markets perform in 2023? (The National 28/12/2022)
Al Etihad Credit Bureau strengthens credit registry in collaboration with Ministry of Justice (WAM 27/12/2022)
General Civil Aviation published world first national regulation related to vertiports (WAM 27/12/2022)
UAE tops world in technical and vocational education and training in UNDP's Global Knowledge Index (WAM 27/12/2022)
Etihad Airways adds flights to Shanghai (WAM 27/12/2022)
Dubai Land Department launches its new strategic plan 2026 (WAM 26/12/2022)
Major 450,000 sqm Metal Park breaks ground in KEZAD (WAM 26/12/2022)
Dubai Police arrest 432 International Fugitives, extradite 379 to 30 Countries in Two Years (WAM 26/12/2022)
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Gateway Group Of Companies
With offices in Abu Dhabi and Dubai, Gateway Group helps international companies get registered to do business in the United Arab Emirates (UAE). We are the authority on business licenses and visas for expats in Abu Dhabi and Dubai.
Founded and headed up by British husband and wife team, Nathan and Jenny Hunt, Gateway operates with it's core values at heart: Honesty. Trust. Integrity. We do what's in the best interests of our clients rather than what's best for our bottom line. After all, we are just like our clients - we've invested our own money into our business licenses, so we fully appreciate what a big investment a commercial license is. We believe this uniquely positions us to provide our services with understanding and empathy.
From our own first-hand experience and knowledge, generated from living and working in the UAE, as well as setting up companies and building relationships here, we are able to offer unique insight and guidance to help our clients successfully step into the market and do business in the UAE.
We value long-term relationships and our incredible client retention is one of our strongest assets, which is extremely rare in our industry.
Founding Partner, Jenny Hunt, has been setting up businesses in Abu Dhabi and Dubai for over 10 years and is ranked in FORBES' Top 100 Most Influential Women In The Middle East.
Gateway Group's blog is ranked in Feedspot's '25 Best Abu Dhabi Blogs And Websites You Should Follow In 2023' (currently ranked 9th - 1st January 2023).
Contact us for your international expansion into the UAE. Get the best business setup experience in Dubai and Abu Dhabi, as well as employment and residency visas for your expat staff and their families.
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Gateway Group Of Companies
☎️ +971 600 567562
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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