UAE Weekly Business News 02/05/21

Gateway Group's UAE Weekly News Roundup. Abu Dhabi and Dubai trade and economy headlines.

Welcome to Gateway Group's weekly collection of business highlights from Abu Dhabi and Dubai. It's the ideal way of staying informed about crucial UAE business news, conveniently in one place.

Simply scan through the headlines and choose the ones relevant to you. To read the full article, click the headline. The source is in purple for reference.

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UAE Weekly Business News, Issue 34. 2nd May 2021.

Trade licence-related headlines

• Dubai South sees 1.4% growth in new business licences in April (WAM 29/04/2021)

UAE bilateral trade-related headlines

• Japan to open tourism promotion office in Dubai (WAM 26/04/2021)

• Abdullah bin Zayed receives Italian FM (WAM 26/04/2021)

• ADCCI Director-General meets with Malta and Kosovo ambassadors to enhance cooperation (WAM 27/04/2021)

• UAE and UK set to sign multibillion-pound clean energy and tech investment deals (The National 27/04/2021)

• Brazil’s Q1 2021 exports to Arab world soar $2.91bn (Khaleej Times 27/04/2021)

• Negotiations begin for streamlining organic products trade with UAE (The National 28/04/2021)

• UAE, Italy discuss boosting bilateral trade (WAM 28/04/2021)

• UK launches preparations for Arabian Gulf free-trade deal (The National 28/04/2021)

• UAE reaffirms commitment to protecting infrastructure and supplies essential to civilian survival (WAM 29/04/2021)

• Mohamed bin Zayed receives Saudi Foreign Minister (WAM 01/05/2021)

UAE business and economy-related headlines

• Over 25,000 patents registered at end of 2020 (WAM 26/04/2021)

• Tax liabilities worth AED74m collected in Q1-21: FTA (WAM 26/04/2021)

• Government authorities complete inspections of hazardous material in Abu Dhabi facilities (WAM 26/04/2021)

• Emirates Food Security Council approves the creation of 'Climate Change Impact System' to support transition toward sustainable food systems (WAM 26/04/2021)

• New impact system will improve food security in the Emirates (The National 26/04/2021)

• Mena IT spending to surge 4.5% to $171b in 2021 (Gulf News 26/04/2021)

• Investors are lining up for UAE assets and with reason (Gulf News 26/04/2021)

• Dubai SME unveils ‘Ztartup’ incubator specialised in digital health technologies (WAM 27/04/2021)

• UAE's economy ministry begins inspections to ensure businesses follow rules on financial crimes (The National 27/04/2021)

• It's a long road to recovery for UAE's hotels (Gulf News 27/04/2021)

• Increased fish stocks recorded in Abu Dhabi waters (The National 28/04/2021)

• Dubai International Airport's Q1 passenger traffic slips but cargo volumes rise (The National 28/04/2021)

• Gulf states will have a say in setting trade routes (Gulf News 28/04/2021)

• UAE ministry waives fee for some services, 50% off for others (Khaleej Times 28/04/2021)

• AED8.5bn of weeklong real estate transactions in Dubai (WAM 29/04/2021)

• UAE’s DP World launches e-commerce platform to accelerate global trade (WAM 29/04/2021)

• More spending up on F&B services in Q1'21 (WAM 29/04/2021)

• New census shows school children in Dubai are better rested but teachers are working longer hours (The National 29/04/2021)

• UAE passes draft law on homeowner associations (Gulf News 29/04/2021)

• DNFBP establishments that have not registered in anti-money laundering regulations to be penalised from 01 May 2021 (WAM 30/04/2021)

• Mohammed bin Rashid launches Food Tech Valley (WAM 01/05/2021)

• CBUAE issues specialised banks with low risk regulation (WAM 01/05/2021)

• UAE aims to double size of economy to AED3tn by 2031 (The National 01/05/2021)

• Dubai most-popular beach city for digital nomads (The National 01/05/2021)

• UAE ranked among top 10 countries in 28 competitiveness indexes related to finance, taxes (WAM 02/05/2021)

• Eid 2021: Dubai hotels' occupancy reaching full capacity (Khaleej Times 02/05/2021)

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Written by Jenny Hunt

Founder, Gateway Group, Abu Dhabi & Dubai, United Arab Emirates

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