UAE Weekly Business News 09/05/21
9th May 2021
Welcome to Gateway's 35th 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.
Links to articles are in purple. In some instances where the publisher and date is mentioned without a link, it means it was seen in the paper version of the title and no online link was found.
UAE bilateral trade-related headlines
Mohamed bin Zayed, Biden discuss bilateral relations (WAM 05/05/2021)
UAE, Pakistan explore developing trade and investment ties (WAM 06/05/2021)
Abu Dhabi, Singapore launch smart city innovation call (WAM 06/05/2021)
Abu Dhabi Chamber explores economic cooperation with Costa Rica (WAM 09/05/2021)
UAE economy-related headlines
DMCC Authority beats seven-year record for number of companies joining in April (WAM 02/05/2021)
AED11.5bn Abu Dhabi real estate transactions in Q1'21 (WAM 03/05/2021)
Health minister reviews UAE's experience in COVID-19 management, governance (WAM 03/05/2021)
UAE ranks first in the world for mobile network speed within Ookla Index (WAM 03/05/2021)
UAE Explained: everything you need to know about quarantine rules in Abu Dhabi (The National 03/05/2021)
2,600 trademarks renewed registrations in 4 months (WAM 04/05/2021)
DCT Abu Dhabi to launch three new cultural heritage initiatives (WAM 04/05/2021)
Adnoc simplifies tendering process by standardising legal terms (The National 04/05/2021)
UAE announces Eid Al Fitr holiday for private sector workers (The National 04/05/2021)
Eid Al Fitr holidays for UAE government workers announced (The National 04/05/2021)
Now, even bank deposits are turning 'green' in UAE (Gulf News 04/05/2021)
Amidst uncertainties, Dubai's ready for more visitors (Gulf News 04/05/2021)
All set for Dubai's first in-person mega-event (Gulf News 04/05/2021)
Dubai Customs’ IP protection efforts get the UAE off U.S. anti-counterfeiting Watch List (WAM 05/05/2021)
Moody's affirms UAE rating on strong fundamentals and effective response to Covid-19 (The National 05/05/2021)
Most UAE consumers willing to try new digital payment methods (The National 05/05/2021)
Dubai Ruler streamlines government entities to increase efficiency (The National 05/05/2021)
DAFZA's non-oil foreign trade exceeded AED119bn in 2020 (WAM 06/05/2021)
AED3.4bn of weeklong real estate transactions in Dubai (WAM 06/05/2021)
Mohammed bin Rashid issues Law on DIFC (WAM 06/05/2021)
Eid Al Fitr Holiday announced for Financial Markets (WAM 06/05/2021)
Luxury goods spending in Gulf set to recover in 2021 (The National 06/05/2021)
How banks are set to better support SMEs in financing their businesses (The National 06/05/2021)
No plans to change Friday-Saturday weekend, says UAE news agency (The National 06/05/2021)
Non-fungible token gems now in UAE (Khaleej Times 06/05/2021)
Dubai's F&B businesses hold their own this Ramadan (Gulf News 07/05/2021)
Post COVID-19, UAE malls' fortunes centre on families (Gulf News 07/05/2021)
VIP Terminal at Dubai South records rapid increase of 336% in private jets movements in Q1 2021 (WAM 08/05/2021)
DIFC Courts boosts ‘paperless’ mission with adoption of electronic seal ‘Ethaq’ (WAM 08/05/2021)
Abu Dhabi expands retail calendar in tourism recovery push (The National 08/05/2021)
Urban development in the UAE may be limiting pollution levels (The National 08/05/2021)
UAE ranked among top 20 in 6 competitiveness indexes related to entrepreneurship (WAM 09/05/2021)
ADNOC invites bookrunners for drilling unit IPO (Gulf News 09/05/2021)
Pandemic poses huge challenges to Mena tourism sector (Gulf News 09/05/2021)
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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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