UAE Weekly Business News 10/10/21

Gateway Group's weekly business news headlines for Abu Dhabi and Dubai, United Arab Emirates

Welcome to Gateway's 57th 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.

Click the headlines to directly to the articles. The source is in purple.

Trade licence and visa-related headlines

• CBUAE issues new guidance on anti-money laundering and combatting the financing of terrorism for licensed financial institutions providing services to cash-intensive businesses (WAM 03/10/2021)

• DMCC records best nine-month performance since inception, welcomes 1800 companies in 2021 (WAM 04/10/2021)

• CBUAE imposes financial sanctions on six exchange houses operating in UAE (WAM 04/10/2021)

Bilateral trade-related headlines

• UAE, Brazil explore new growth prospects (WAM 03/10/2021)

• Brazil-UAE bilateral trade defies pandemic, with 33% rise in first 8 months of 2021 (WAM 03/10/2021)

• UAE and France sign strategic reinsurance agreement (WAM 05/10/2021)

• Federation of UAE Chambers discusses boosting trade and investment cooperation with Kuwait (WAM 05/10/2021)

• Mansour bin Zayed, Libyan Foreign Minister discuss consolidating ties (WAM 05/10/2021)

• UAE, Australia discuss economic relations (WAM 05/10/2021)

• Abu Dhabi Chamber, Udmurt Republic discuss enhancing increasing economic cooperation (WAM 06/10/2021)

• FNC, Burundian Parliament discuss enhancing cooperation (WAM 06/10/2021)

• ADFD, Egypt's Central Bank discuss bolstering investment cooperation (WAM 07/10/2021)

• UAE, Finland discuss enhancing cooperation in space field (WAM 07/10/2021)

UAE economy-related headlines

• Etihad Airways to hire 1,000 cabin crew (The National 04/10/2021)

• Dubai Economy resolves over 560 consumer complaints from free zones (WAM 05/10/2021)

• Dubai Financial Services Authority provides the right regulatory framework for the future of finance (WAM 05/10/2021)

• RTA releases 6th Sustainability Report 2020 (WAM 05/10/2021)

• Ministry of Energy and Infrastructure showcase its directions and future vision in developing electricity (WAM 05/10/2021)

• UAE hiring boost as companies expect up to 50% rise in revenue (The National 05/10/2021)

• UAE sets sights on Venus with new five-year space mission (The National 05/10/2021)

• DAFZA contributes 11% to Dubai's non-oil trade H1 2021 (WAM 06/10/2021)

• Hamdan bin Mohammed issues Resolution regulating vocational education in Dubai (WAM 06/10/2021)

• Most UAE employees believe 9-to-5 workday is outdated (The National 06/10/2021)

• AED7.1bn in week-long real estate transactions in Dubai (WAM 07/10/2021)

• Dubai house prices rise 4.4% in first eight months of 2021 (The National 07/10/2021)

• What the UAE is doing to tackle financial crime (The National 07/10/2021)

• Dubai Culture, DP World sign MoU to work together to boost Dubai's cultural and creative economy (WAM 09/10/2021)

• President Sheikh Khalifa issues decree on 10 key principles (The National 09/10/2021)

• The UAE's net zero plan by 2050 is the only way (The National 10/10/2021)

• UAE public holiday announced for Prophet's birthday (The National 10/10/2021)

Gateway Group Of Companies

Gateway helps companies get correctly licensed to do business in Abu Dhabi & Dubai. Our core values are Honesty, Trust & Integrity.

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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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