UAE Weekly Business News 03/01/22
Happy New Year and welcome to Gateway's 67th weekly roundup of business headlines in the UAE. Moving forward, this weekly online magazine will be published on a Monday in line with the UAE's new working week of Monday - Friday. This resource aims to help you quickly and conveniently keep in touch with business in Abu Dhabi and Dubai.
Click the headlines to go directly to the articles. The source is in purple.
Trade licence and visa-related headlines
CBUAE fines exchange house for non-compliance of AML/CFT law (WAM 27/12/2021)
CBUAE fines exchange house AED600,000 for using civilian vehicle to transport money (WAM 30/12/2021)
Bilateral trade-related headlines
Etihad Airways, Henan Province Airport Group sign MoSC for strengthening Sino-Arab cargo ties (WAM 27/12/2021)
Tajikistan exempts Emirati nationals from pre-entry visa (WAM 28/12/2021)
UAE, Georgia commence talks on Comprehensive Economic Partnership Agreement (WAM 30/12/2021)
UAE signs MoU for cultural cooperation with Vietnam (WAM 03/01/2022)
UAE economy-related headlines
ADGM aligns with international financial hubs, global economies on Monday to Friday work week (WAM 27/12/2021)
New amendments on cheque provisions to take effect from 2nd January 2022 (WAM 27/12/2021)
UAE Anti-Money Laundering and Countering Terrorism Financing Public-Private-Partnership (WAM 27/12/2021)
UAE begins next 50 years with world records, major investments, strategic plans (WAM 28/12/2021)
Abu Dhabi Department of Energy issues ‘2020 Annual Technical Report for the Water, Wastewater, and Electricity Sectors in Emirate of Abu Dhabi (WAM 29/12/2021)
Dubai reports 20% increase in traffic fatalities (The National 29/12/2021)
Abu Dhabi to host region’s first tyre storage and distribution hub (WAM 30/12/2021)
AD Ports Group achieves historic milestones in 2021 (WAM 30/12/2021)
Masdar continues to strengthen its leading stature in clean energy sector (WAM 01/01/2022)
Emirates Water and Electricity completes transfer of load despatch function from TRANSCO (WAM 01/01/2022)
EWEC transferring its control centre will enhance energy efficiency (WAM 02/01/2022)
Mohammed bin Rashid approves Dubai Government's general budget for 2022-2024 with AED181bn expenditure (WAM 02/01/2022)
Publishing fake news in UAE during pandemic or disaster means jail and Dh200,000 fines (The National /02/01/2022)
Dubai begins booster shot appointments amid global Omicron concerns (The National /03/01/2022)
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Written by Jenny Hunt, Founding Partner & Strategic Advisor to the Gateway Group of Companies, Abu Dhabi & Dubai UAE
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