UAE Weekly Business News 08/08/22
Welcome to Gateway's 98th weekly roundup of business headlines in the UAE. This resource aims to help you quickly and conveniently keep in touch with business in Abu Dhabi and Dubai.
Simply scan through the headlines and choose to read those which are relevant to your business. Click the headlines below to go directly to the articles. The source is in purple.
UAE trade license, employment and visa-related news headlines
Dubai CommerCity, Dubai Culture sign MoU to support and incentivise new creative economy businesses (WAM 07/08/2022)
Man who swindled jobseekers in Dubai jailed for three years (The National 04/08/2022)
CBUAE issues guidance for licensed financial institutions on risks related to politically exposed persons (WAM 02/08/2022)
Abu Dhabi expands online booking service for residency visa medical screenings (The National 02/08/2022)
CBUAE issues new guidance for licensed financial institutions on risks related to payments (WAM 01/08/2022)
UAE bilateral trade news headlines
Masdar signs agreement with Tanzania’s TANESCO to develop 2 GW renewable energy capacity (WAM 05/08/2022)
Chinese Consulate gifts 1,000 books to Mohammed bin Rashid Library (WAM 04/08/2022)
Dubai Chambers organises visit for Ethiopian delegation to explore emirate’s digital economy, customer service (WAM 04/08/2022)
AD Ports Group and India's Adani Ports to explore investment opportunities in Tanzania (The National 04/08/2022)
UAE signs treaty of amity and cooperation in Southeast Asia (WAM 03/08/2022)
Dubai Customs discusses furthering trade cooperation with South Korea (WAM 02/08/2022)
Minister of Economy explores stronger economic cooperation with Mongolia (WAM 02/08/2022)
Abu Dhabi's Adia invests in food industry fund McWin and China's Taibang Biologic (The National 02/08/2022)
UAE economy-related news headlines
Dubai to have 'world's best-performing prime residential sector' (The National 08/08/2022)
Dubai's Huspy vows to transform home buying and financing (The National 08/08/2022)
Dubai firmly on course to achieve tourism goals as city welcomes 7.12m international visitors in first half of 2022 (WAM 07/08/2022)
DEWA’s preventive maintenance work on energy transmission network makes grid the best worldwide (WAM 07/08/2022)
National banks' gross assets in UAE stand at AED3t in first five months of 2022: CBUAE (WAM 07/08/2022)
RTA completes 75% of Sheikh Rashid bin Saeed Corridor Project (WAM 07/08/2022)
Dubai Chamber of Digital Economy announces formation of Dubai Digital Assets Business Group (WAM 07/08/2022)
Emirates Development Bank approves AED2.4b in finance during H1 2022 (WAM 07/08/2022)
Dr Sultan Al Jaber: AI is an economic and social game changer (The National 07/08/2022)
EDB boosts industrial sector funding five-fold in first half (The National 07/08/2022)
High oil prices offer Middle East SWFs more capital to invest in alternatives (The National 07/08/2022)
DFM announces inclusion of TECOM to General Index (WAM 05/08/2022)
MoIAT, EDGE sign MoU to establish Industry 4.0 Enablement Centre (WAM 05/08/2022)
Dubai's weeklong real estate transactions total AED5.3b (WAM 05/08/2022)
FDIs in UAE grew by 116% in past decade (WAM 05/08/2022)
UAE to step up Fourth Industrial Revolution tech adoption in manufacturing (The National 05/08/2022)
Long-time Dubai Chambers chief executive Hamad Buamim to step down (The National 05/08/2022)
How the UAE has become the WFH capital of the world (The National 05/08/2022)
Value of CBUAE's gold reserve up 1.6% in first five months of 2022 to AED12.1b (WAM 04/08/2022)
ADNOC Drilling awarded over $3.4 billion in contracts to drive offshore production capacity growth (WAM 04/08/2022)
Emirates Reprographic Rights Management Association set to galvanize UAE publishing industry (WAM 04/08/2022)
Emirates heads to UK to recruit pilots – here’s the salary on offer (The National 04/08/2022)
Ministry of Climate Change and Environment launches 'Dynamics of Circularity Series' (WAM 03/08/2022)
Abu Dhabi's Al Bateen airport to welcome wide-body aircraft as it looks to new era (The National 03/08/2022)
Emirates and Etihad say Amsterdam flights unchanged by Schiphol's extended passenger caps (The National 03/08/2022)
Non-oil business activity in Saudi Arabia and UAE continues to improve in July (The National 03/08/2022)
Majority of UAE consumers used a new digital payment method last year (The National 03/08/2022)
Ministry of Climate Change to cooperate with EDB in financing modern agricultural ventures (WAM 02/08/2022)
UAE continues to maintain its regional and international leadership in tourism (WAM 02/08/2022)
Dubai consolidates status as world’s Web3 capital (WAM 02/08/2022)
Ministry of Economy welcomes Krush Brands to UAE under NextGenFDI initiative (WAM 02/08/2022)
Dubai Department of Finance launches its new strategy (WAM 02/08/2022)
Dubai's metaverse strategy positions city as 'global pioneer' in tech ecosystem (The National 02/08/2022)
Abu Dhabi's G42 Healthcare teams up with AWS to offer genome sequencing (The National 02/08/2022)
Dubai's metaverse strategy: 'Business Extra' (The National 02/08/2022)
Use of plastic bags in Dubai Spinneys' shops falls 90 per cent (The National 02/08/2022)
How to get a driving licence in the UAE and do I need to take a test? (The National 02/08/2022)
UAE plays pivotal role in securing global energy supplies: OPEC Secretary-General (WAM 01/08/2022)
Third auction of UAE Treasury Bonds continues to achieve exceptional results (WAM 01/08/2022)
Gross banks’ assets in UAE stand at AED3,442.7 billion in May: CBUAE (WAM 01/08/2022)
20,500 new investor accounts added to Dubai Financial Market in first 7 months of 2022 (WAM 01/08/2022)
Senior officials tour Tawazun Industrial Park as UAE aims to boost industrial ecosystem (The National 01/08/2022)
Inside the Abu Dhabi laboratory that tests for toxic food and products (The National 01/08/2022)
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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!
Connect with us for your international expansion into the UAE. Get the best company registration experience, as well as employment and residency visas for your expat staff and their families, in Abu Dhabi and Dubai.
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Gateway Group Of Companies
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Written by Jenny Hunt
Founder, Gateway Group of Companies, Abu Dhabi & Dubai, United Arab Emirates
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