UAE Weekly Business News 06/02/23

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 122. 6th February 2023.

Abu Dhabi and Dubai trade license, entrepreneur, employment and visa-related news headlines

• CBUAE imposes sanctions on a finance company operating in UAE (WAM 02/02/2023)

• Restaurant in Abu Dhabi closed after salmonella outbreak (The National 02/02/2023)

• Company fined $490,000 for breaching UAE anti-money laundering law (The National 02/02/2023)

• ICP launches service of entry permit application for residents who stayed outside country for over 6 months (WAM 31/01/2023)

• MoHRE extends deadline to rectify private sector's unlimited-term employment contracts to fixed-term (WAM 30/01/2023)

UAE bilateral trade news headlines

• UAE Participates in first Sustainable Finance Working Group Meeting within the G20 Finance Track for 2023 (WAM 04/02/2023)

• UAE, France, India establish trilateral cooperation initiative, adopt implementation roadmap (WAM 04/02/2023)

• WAM delegation visits media organisations in Cuba, signs 5 MoUs (WAM 04/02/2023)

• Emirati economic delegation led by Al Sayegh visits Mexico to enhance cooperation (WAM 03/02/2023)

• UAE Executive Office of AML/CTF leads delegation to Serbia to strengthen cooperation on AML/CFT (WAM 03/02/2023)

• UAE, Algeria explore cooperation in defence industries (WAM 03/02/2023)

• Abdullah bin Zayed meets Britain's Shadow Foreign Secretary (WAM 03/02/2023)

• President Sheikh Mohamed receives Belarus President Alexander Lukashenko (The National 03/02/2023)

• UAE telecoms operator e& raises stake in Vodafone Group to 13% (The National 03/02/2023)

• DP World wins bid for development of mega-container terminal at India’s Deendayal Port (WAM 02/02/2023)

• WAM delegation discusses bilateral cooperation with media entities in Panama (WAM 02/02/2023)

• Italian Trade Agency supports 160 companies exhibiting at Arab Health 2023 (WAM 01/02/2023)

• UAE, Ireland to stimulate investment exchanges in innovative startups, circular economy, tourism sectors (WAM 01/02/2023)

• UAE, France to form bilateral partnership focussing on decarbonisation of HTA industries (WAM 31/01/2023)

• U.S. treasury officials meet UAE authorities on AML/CFT, discuss bilateral efforts (WAM 31/01/2023)

• IFHC takes conservation educational outreach model to Kazakhstan (WAM 31/01/2023)

• Abu Dhabi Global Market receives French delegation (WAM 30/01/2023)

• ADX, Bahrain Bourse announce joining of Muscat Stock Exchange to Tabadul (WAM 30/01/2023)

• UAE University conducts workshop on research collaboration with University of Malaya (WAM 30/01/2023)

UAE business and economy-related news headlines

• Dubai receives 14.36m international visitors in 2022 (WAM 05/02/2023)

• UAE is committed to achieving sustainability, preserving natural resources for future generations: Hamdan bin Zayed (WAM 04/02/2023)

• DEWA receives requests for submitting research papers to participate in first MENA Solar Conference 2023

• Saif bin Zayed launches MoI’s strategy for 2023-2026 (WAM 04/02/2023)

• Dubai's weeklong real estate transactions cross AED9b (WAM 03/02/2023)

• Why a China-GCC free trade deal might be a game changer (The National 03/02/2023)

• Dubai apartment sells for record $112m as property market surges (The National 03/02/2023)

• UAE non-oil businesses resilient in January with employment rising (The National 03/02/2023)

• First Chinese tour groups to arrive in Dubai after three years of Covid curbs (The National 03/02/2023)

• UAE shares up driven by high investors' sentiments (WAM 02/02/2023)

• Krews, ADEC partner to digitise leisure, entertainment experiences in Abu Dhabi (WAM 02/02/2023)

• Abu Dhabi Chamber launches its new strategy for 2023-2025 (WAM 02/02/2023)

• Masdar City breaks ground on 'The Link' (WAM 02/02/2023)

• ADNOC signs agreements with 23 companies for local manufacturing opportunities worth AED17b (WAM 02/02/2023)

• Etihad Airways boosts frequency to Frankfurt (WAM 02/02/2023)

• Mohammed bin Rashid issues decree establishing Family Business Centre (WAM 02/02/2023)

• Dubai Art Season returns for 2023 (WAM 02/02/2023)

• Dubai Chamber of Commerce launches four business groups within construction sector (WAM 02/02/2023)

• ADPHC, Talabat UAE sign MoU for food ordering data analysis to promote healthy living (WAM 02/02/2023)

• Insilico Medicine opens largest AI-Powered Biotechnology Research Centre in Middle East (WAM 02/02/2023)

• New cargo system to combat illegal trade launched in Dubai (The National 02/02/2023)

• Abu Dhabi uses space technology to detect vehicle emission levels (The National 02/02/2023)

• Details of first long-duration Arab astronaut mission announced (The National 02/02/2023)

• UAE universities to set own admission requirements under exam shake-up (The National 02/02/2023)

• UAE raises base rate by 25 basis points (WAM 01/02/2023)

• Jafza’s healthcare companies spur seven-fold growth in trade value in four years (WAM 01/02/2023)

• Dubai records 5.5% growth in energy demand in 2022 (WAM 01/02/2023)

• ADNEC to host leading international conferences and exhibitions during 2023 (WAM 01/02/2023)

• National Experts Programme will contribute to UAE’s future economic prosperity (WAM 01/02/2023)

• Dubai’s dhow trade sees robust 12% growth in 2022 (WAM 01/02/2023)

• Abu Dhabi Judicial Department completed over 251,000 digital notary public transactions in 2022 (WAM 01/02/2023)

• UAE Press: Why Arab Health is more than a conference (WAM 01/02/2023)

• ADIB expects its financing business to maintain market-beating growth in 2023 (The National 01/02/2023)

• Arab Health: Sustainability now a 'driving factor' for global health industry (The National 01/02/2023)

• UAE and Saudi Arabia to lead $234bn ICT spending in Middle East, Turkey and Africa in 2023 (The National 01/02/2023)

• UAE’s national digital economy set to grow $140b by 2031 (WAM 31/01/2023)

• Emirates NBD partners with Abu Dhabi Securities Exchange to offer clients instant trading access (WAM 31/01/2023)

• Abu Dhabi's innovation ecosystem powers ahead with addition of three global tech companies (WAM 31/01/2023)

• AD Ports Logistics unveils new distribution line to support region’s growing healthcare market (WAM 31/01/2023)

• Ministry of Finance confirms Applicable Taxable Income Threshold for Corporate Tax (WAM 31/01/2023)

• Air Arabia Abu Dhabi launches new flights to Amman (WAM 31/01/2023)

• DoH launches Abu Dhabi Life Science Hub in Metaverse (WAM 31/01/2023)

• New 'DubaiDestinations' guide unveils city’s outdoor dining experiences (WAM 31/01/2023)

• Dubai Future Foundation publishes report highlighting global trends for 2023 (WAM 31/01/2023)

• Etihad cargo yields to stay above pre-Covid levels despite market 'normalisation' (The National 31/01/2023)

• DIFC announces ‘DIFC Metaverse Platform’ (WAM 30/01/2023)

• Emirates operates demonstration flight powered with fully Sustainable Aviation Fuel (WAM 30/01/2023)

• KEZAD CEO highlights growing demand for integrated industrial, trade centres in Abu Dhabi (WAM 30/01/2023)

• MoIAT launches Industrial Census project to establish centralised database of industrial companies in UAE (WAM 30/01/2023)

• UAE leading proactive march towards future: Omar Al Olama (WAM 30/01/2023)

• Continuous modernisation of DEWA's operations contributes to reducing carbon emissions (WAM 30/01/2023)

• 'New wave' of Chinese property investors set to return to Dubai (The National 30/01/2023)

• UAE's first auction of treasury bonds in 2023 oversubscribed 6.2 times (The National 30/01/2023)

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Written by Jenny Hunt

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

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