UAE Weekly Business News 11/07/21
Welcome to Gateway's 44th 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 trade licence-related headlines
Business Bay has 17,893 operating companies in 2021, reports Dubai Economy (WAM 05/07/2021)
260 financial institutions registered in UAE in H1 2021 (WAM 05/07/2021)
DMCC registers 1,230 companies in 2021 - best H1 performance in 8 years (WAM 06/07/2021)
Visa-related headlines
India-UAE flights: What to do if your family's visas expire soon (Khaleej Times 11/07/2021)
Bilateral trade-related headlines
Thani Al Zeyoudi meets Minister of Economic Development of Montenegro (WAM 06/07/2021)
Pakistan imports goods worth $6.2 billion from UAE during first eleven months of 2020-21 (WAM 06/07/2021)
Mohammed Al Bowardi, Australian Ambassador discuss cooperation in defence fields (WAM 06/07/2021)
UAE, Georgia sign cooperation agreement to enhance security collaboration (WAM 06/07/2021)
UAE, Spain explore fostering economic ties (WAM 07/07/2021)
UAE welcomes US Treasury delegation to discuss combatting money laundering and terrorist financing (WAM 08/07/2021)
UAE economy-related headlines
Most economic, commercial activities in UAE recorded positive signs in May 2021 (WAM 04/07/2021)
DEWA AED256m water pipeline project reaches 96.4% completion (WAM 04/07/2021)
Dubai Economy reports 97.7% rate of compliance with COVID-19 guidelines (WAM 04/07/2021)
New economic initiatives 'set to boost UAE’s competitiveness' (The National 04/07/2021)
Brighter skies ahead for Mideast carriers (Khaleej Times 04/07/2021)
Jebel Ali Power and Desalination Complex enhances generation efficiency, meets Dubai's energy and water demand (WAM 05/07/2021)
UAE says it is committed to Opec and supports output increase in August (The National 05/07/2021)
Abu Dhabi updates home quarantine rules for arriving passengers (The National 05/07/2021)
Majority of GCC mobile traffic will be on 5G networks beyond 2023 (Khaleej Times 05/07/2021)
Dubai’s consumer confidence rises to its highest since 2011 (WAM 06/07/2021)
‘Business Online Presence’ launched to boost digital reach of SMEs in UAE (WAM 06/07/2021)
CSP Abu Dhabi Terminal, Khalifa Port implement region’s first autonomous port truck system (WAM 06/07/2021)
DEWA completes 81.22% of Nakhali water reservoir (WAM 06/07/2021)
Islamic fintech transforms operational models, customer experience (Khaleej Times 06/07/2021)
UAE, Saudi Arabia to boost Mena digital economy to $100b by 2023 (Khaleej Times 06/07/2021)
DIFC enacts intellectual property regulations (Khaleej Times 06/07/2021)
Dubai at the forefront of global tourism recovery, a year after reopening to international travellers (WAM 07/07/2021)
TAQA Group, Abu Dhabi Ports planning 2 GW green hydrogen to ammonia project (WAM 07/07/2021)
Dubai Chamber explores UAE food e-commerce dynamics (WAM 07/07/2021)
UAE eighth in global ranking of most cashless economies (The National 07/07/2021)
Villa prices go up as high as 10.3% in Dubai’s prime areas (Khaleej Times 07/07/2021)
AED5.3bn of weeklong real estate transactions in Dubai (WAM 08/07/2021)
ADNOC and three Japanese companies to explore hydrogen and blue ammonia opportunities (WAM 08/07/2021)
Abu Dhabi accelerates development of 12 community markets using Musataha tenders (WAM 08/07/2021)
Almost 90% of UAE brands changed customer experiences due to the pandemic (Khaleej Times 08/07/2021)
Dubai's pharmaceuticals, medical supplies trade rises 31% to AED6.8bn in Q1 2021 (WAM 10/07/2021)
152 government tenders awarded to 159 local companies holding ICV certificates in 2020: ADDED (WAM 10/07/2021)
GCC can continue to attract FDI inflows (Khaleej Times 10/07/2021)
Dubai non-oil private sector growth weakens in June (Khaleej Times 11/07/2021)
Eid Al Adha: UAE announces four-day holiday (Khaleej Times 11/07/2021)
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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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