UAE Weekly Business News 04/07/22

Gateway Group's UAE Weekly Business News. Abu Dhabi and Dubai trade, investment 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 93. 4th July 2022.

UAE trade licence, employment and visa-related headlines

• 'Do I have to pay my employer for resigning during probation?' (The National 03/07/2022)

• Dubai Multi Commodities Centre reports its best ever H1 performance, registering 1,469 new companies (WAM 01/07/2022)

• New draft commercial agency law to allow public joint-stock companies with at least 51% of national capital contribution to act as commercial agents: Ministry of Economy (WAM 29/06/2022)

• MoF extends report submission deadline in accordance with FATCA, CRS requirements (WAM 29/06/2022)

• GCC jobs: the best workplaces for millennials in 2022 (The National 28/06/2022)

• Hamdan bin Mohammed issues resolution cancelling fees levied on Dubai-based airline agents and offices (WAM 27/06/2022)

• ADNOC signs strategic collaboration agreement with NAFIS (WAM 27/06/2022)

• Adnoc signs deal to create 3,000 jobs for Emiratis by 2025 (The National 27/06/2022)

UAE bilateral trade headlines

• Shakhboot bin Nahyan Al Nahyan meets President of Seychelles (WAM 04/07/2022)

• Maltese trade mission to visit UAE in mid-September 2022 (WAM 03/07/2022)

• Ministry of Culture and Youth delegation concludes visit to Washington D.C (WAM 03/07/2022)

• UAE participates in Baku Conference of the Non-Aligned Movement Parliamentary Network (WAM 02/07/2022)

• UAE Commander of Joint Operations meets his UK counterpart (WAM 02/07/2022)

• UAE-Indonesia CEPA to launch new era of strategic cooperation (WAM 01/07/2022)

• UAE-Indonesia trade exchange projected to hit $10b mark in five years (WAM 01/07/2022)

• UAE President, Indonesian President witness signing of Comprehensive Economic Partnership Agreement (WAM 01/07/2022)

• Laila Mostafa Abdullatif elected Chair of WWF’s Asia Pacific Growth Strategy (WAM 01/07/2022)

• UAE President receives Chinese President's Special Envoy (WAM 01/07/2022)

• Anwar Gargash receives Cypriot Foreign Minister (WAM 01/07/2022)

• UAE Foreign Minister, Cypriot counterpart discuss developing ties (WAM 01/07/2022)

• UAE, South Korea launch joint cooperation programme to support entrepreneurship, SMEs (WAM 30/06/2022)

• Dubai Land Department, Japan review real estate cooperation (WAM 30/06/2022)

• UAE Minister of State for Foreign Trade participates in SelectUSA Investment Summit (WAM 30/06/2022)

• Khalifa Al Marar attends British Embassy's celebration of Queen Elizabeth II's birthday (WAM 30/06/2022)

• ‎‏Shakhboot bin Nahyan meets President of Mozambique (WAM 29/06/2022)

• Thani Al Zeyoudi promotes trade agenda during Florida visit (WAM 29/06/2022)

• UAE, Germany discuss cooperation in clean energy (WAM 29/06/2022)

• Mariam Almheiri highlights importance of ocean-based climate solutions at UN Ocean Conference in (WAM 29/06/2022)

• UAE and Germany to boost clean energy management and development (The National 29/06/2022)

• Abu Dhabi Chamber reviews cooperation in tourism with North Macedonia (WAM 28/06/2022)

• UAE Ambassador meets officials in Turkmenistan (WAM 28/06/2022)

• UAE President receives Indian PM (WAM 28/06/2022)

• Shakhboot bin Nahyan Al Nahyan meets with Prime Minister of Cameroon (WAM 28/06/2022)

• Emir of Qatar receives Tahnoun bin Zayed (WAM 28/06/2022)

• Ministry of Climate Change, Philippines department of agriculture sign MoU to develop agricultural (WAM 28/06/2022)

• Abu Dhabi signs deal to boost UAE exports to West Africa (The National 28/06/2022)

• Sheikh Abdullah bin Zayed discusses climate change with French foreign minister (The National 28/06/2022)

• DMCC hosts Made for Trade Live Roadshow in Poland (WAM 27/06/2022)

• Over 1,600 African companies join Dubai Chambers since October 2021 (WAM 27/06/2022)

• Mansour bin Zayed receives Kazakh official (WAM 27/06/2022)

UAE business and economy-related headlines

• President issues Federal Decree renaming Ministry of Presidential Affairs (WAM 04/07/2022)

• Abu Dhabi marks 60 years since first oil shipment left emirate's shores (The National 04/07/2022)

• New artefacts offer glimpse into UAE life more than 4,000 years ago (The National 04/07/2022)

• Strata and Pilatus strengthen their partnership to manufacture hot press parts for first time in UAE (WAM 03/07/2022)

• Dubai’s Sea Customs Centres Management conducts 61,852 inspections, 120 seizures in Q1, 2022 (WAM 03/07/2022)

• DEWA adds 700MW of energy production capacity, totalling 14,117 MW, with 1,627 MW from renewable energy (WAM 03/07/2022)

• Tesla Model 3 to join Dubai Taxi fleet on trial basis (WAM 03/07/2022)

• UAE Circular Economy Council approves 22 policies to expedite progress of circular economy transition (WAM 03/07/2022)

• Dubai to raise share of renewables to 14% of energy mix by end of year (The National 03/07/2022)

• Senior UAE judges outline action taken to tighten anti-money laundering controls (The National 03/07/2022)

• How UAE works to protect water supplies - and what you can do to help (The National 03/07/2022)

• AED9.9b in weeklong real estate transactions in Dubai (WAM 02/07/2022)

• New ranking reveals Dubai’s best international universities (The National 02/07/2022)

• Union Coop announces intention to list its shares on DFM on 18th of July 2022 (WAM 01/07/2022)

• Ministry of Climate Change hosts second National Dialogue for Climate Ambition (WAM 01/07/2022)

• DEWA celebrates its distinguished female Emirati engineers (WAM 01/07/2022)

• Higher oil prices to offset US interest rate's effect on GCC non-oil economy, IIF says (The National 01/07/2022)

• A guide to Abu Dhabi's nine top ranked private schools (The National 01/07/2022)

• Delma Street in Abu Dhabi renamed to honour revered Emirati (The National 01/07/2022)

• Launch of Abu Dhabi Industrial Strategy aligns with leadership’s vision to boost national industrial growth: Sultan Al Jaber (WAM 30/06/2022)

• Abu Dhabi’s industrial sector continues to perform key role (WAM 30/06/2022)

• Emirates Development Bank approves trade finance facility for JLW to execute data centre in Masdar (WAM 30/06/2022)

• Magnati launches region’s first metaverse marketplace (WAM 30/06/2022)

• Dubai Airports completes DXB’s Northern Runway rehabilitation programme (WAM 30/06/2022)

• Hatta Resorts, Hatta Wadi Hub set new records with 200,000 visitors (WAM 30/06/2022)

• Al Ain Zoo: Magnet for talented Emiratis (WAM 30/06/2022)

• Etihad Airways returns to Beijing (WAM 30/06/2022)

• How Etihad Airways recruits and trains cabin crew amid hiring spree (The National 30/06/2022)

• Etihad Airways 'well-staffed' for summer travel peak (The National 30/06/2022)

• New marketplace opens to help Emirati farmers go global and cut waste (The National 30/06/2022)

• UAE partners with Siemens and Audi amid e-mobility push (The National 30/06/2022)

• UAE's commercial agencies' draft law to boost competitiveness (The National 30/06/2022)

• Abu Dhabi to invest $2.72bn to double manufacturing sector by 2031 (The National 30/06/2022)

• Cross-border payment adoption helps UAE SMEs earn more than pre-pandemic era (The National 30/06/2022)

• Etisalat launches GoChat Messenger for free voice and video calls in UAE (The National 30/06/2022)

• Hub71, e& enterprise and DataRobot to open AI centre in Abu Dhabi (The National 30/06/2022)

• Are solar-powered cars coming to the UAE? (The National 30/06/2022)

• UAE public holidays: when is Eid Al Adha 2022? (The National 30/06/2022)

• The UAE's five most common traffic offences in 2021 (The National 30/06/2022)

• Pure Harvest raises $181m as it focuses on food security and expansion (The National 30/06/2022)

• Shamma bint Sultan joins Atlantic Council's Women Leaders in Energy and Climate Fellowship (WAM 29/06/2022)

• Using latest technologies, SWRO, IWP enhance UAE’s competitiveness in water sustainability (WAM 29/06/2022)

• UAE bourses in green as key global stocks end flat in volatile trading (WAM 29/06/2022)

• Dubai Future Foundation hosts startups, VCs to explore collaborations in technology (WAM 29/06/2022)

• ADX lists Invictus Investment Company on Growth Market (WAM 29/06/2022)

• UAE presents National Report on Spent Nuclear Fuel, Radioactive Waste Management (WAM 29/06/2022)

• NYUAD to open first exhibition documenting Arabian Peninsula's modern art movements (WAM 29/06/2022)

• Etihad Airways to welcome over 2.7 million guests this summer (WAM 29/06/2022)

• Dr. Mona Kashwani of Emirates Health Services: First Emirati physician to perform robotic surgery (WAM 29/06/2022)

• Dubai named best city in Middle East for student life (The National 29/06/2022)

• UAE's newest doctors prepare to enter changed world (The National 29/06/2022)

• Mena start-ups and venture capitalists explore partnerships to boost Dubai's digital economy (The National 29/06/2022)

• GCC key focus for global cloud technology players amid rapid digital adoption (The National 29/06/2022)

• DIFC launches region's first Open Finance Lab (WAM 28/06/2022)

• RTA, Emirates Inventors Association sign MoU to support innovative initiatives (WAM 28/06/2022)

• UAE celebrates first-ever International Day of Women in Diplomacy at UN (WAM 28/06/2022)

• Museum of the Future, RTA accelerate smart city mobility with strategic partnership and exhibition (WAM 28/06/2022)

• Sheikh Zayed Grand Mosque Centre ranked among world's 'Top Attractions' by TripAdvisor (WAM 28/06/2022)

• Hamdan bin Mohammed launches ‘Dubai Global’ initiative (WAM 28/06/2022)

• Executive Office of AMLCTF becomes first 'Born in Cloud' Federal entity in UAE (WAM 28/06/2022)

• Strata, Hyperganic and EOS sign a partnership agreement to build world's most efficient residential air conditioners (WAM 28/06/2022)

• Alpha Dhabi increases stake in Aldar, becoming parent company (WAM 28/06/2022)

• Yiwu Market opens in Dubai: all you need to know about the smart free zone space (The National 28/06/2022)

• UAE's Strata exploring biopharmaceuticals and EV-manufacturing joint ventures, CEO says (The National 28/06/2022)

• UAE FinTech sector to benefit from access to funding and expertise (The National 28/06/2022)

• Is now the time to invest in UAE property? — 'Pocketful of Dirhams' (The National 28/06/2022)

• Alpha Dhabi raises stake in Aldar to become developer's parent (The National 28/06/2022)

• Abu Dhabi port's new food hub to play crucial role in tackling supply shortages (The National 28/06/2022)

• Support grows for later school start times for pupils (The National 28/06/2022)

• UAE is producing near to its maximum production capacity based on its current OPEC+ production (WAM 27/06/2022)

• Dubai Customs makes 936 seizures in 4 months (WAM 27/06/2022)

• AD Ports Group to host World Union of Wholesale Markets 2022 Conference (WAM 27/06/2022)

• Chimera Capital launches two US Shariah-compliant exchange traded funds (WAM 27/06/2022)

• Under the support and directives of wise leadership, UAE made quantum leap in industrial development: Dr. Sultan Al Jaber (WAM 27/06/2022)

• DEWA launches Automatic Smart Grid Restoration System (WAM 27/06/2022)

• Malaysia's Expo 2020 Dubai pavilion to become a tech and innovation hub (The National 27/06/2022)

• UAE's best universities: University of Wollongong in Dubai (The National 27/06/2022)

• Multifaceted approach needed for smooth energy transition, UAE minister says (The National 27/06/2022)

• Tecom IPO: Dubai company raises $463m from oversubscribed DFM listing (The National 27/06/2022)

• EDB a 'key engine of UAE’s industrial transformation agenda' (The National 27/06/2022)

• Dubai's RTA to sell its data to government departments and private sector (The National 27/06/2022)

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Written by Jenny Hunt

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

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