UAE Weekly Business News 12/12/22
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UAE Weekly Business News, Issue 114. 12th December 2022.
Abu Dhabi and Dubai trade license, entrepreneur, employment and visa-related news headlines
HUB71 startups community raises $1b in venture capital (WAM 12/12/2022)
DMCC announces launch of its gaming centre (WAM 12/12/2022)
How female Arab entrepreneurs are inspiring change (The National 12/12/2022)
Public Prosecution probes CEO of private sector company for violating Emiratisation regulations (WAM 10/12/2022)
MoHRE, ICP complete 4.7m joint transactions in 10 months (WAM 09/12/2022)
CBUAE imposes financial sanction on exchange house operating in UAE (WAM 09/12/2022)
UAE Central Bank fines exchange house $286,000 for compliance failures (The National 09/12/2022)
Private sector scrambles to hit January 1 Emiratisation target (WAM 08/12/2022)
Achieving Emiratisation targets conditional to employing Emiratis in skilled jobs: MoHRE (WAM 07/12/2022)
UAE Central Bank fines exchange house $525,000 (The National 07/12/2022)
GPSSA raises awareness on pension requirements as per NAFIS programme (WAM 06/12/2022)
MoHRE launches automated system for employment contracts (WAM 06/12/2022)
UAE authorities warn companies over breaching health and safety rules (WAM 06/12/2022)
Dubai Labour Force Survey 2022 kicks off (WAM 05/12/2022)
UAE job-seekers regard salary and security as most important (WAM 05/12/2022)
UAE bilateral trade news headlines
Dubai Customs shares digital experience with South Korean delegation (WAM 11/12/2022)
First China-Arab Summit to deepen high-quality cooperation: UAE Ambassador to China (WAM 11/12/2022)
UAE, Turkmenistan review enhancing bilateral relations (WAM 10/12/2022)
UAE participates in Euro-Mediterranean and Gulf Economic Forum in Marrakesh (WAM 09/12/2022)
Indian Minister attends UAE National Day reception (WAM 09/12/2022)
Korean delegation from National Institute of Meteorological Sciences commends NCM’s pioneering expertise (WAM 09/12/2022)
HUB71, Mohammed Bin Salman Foundation to drive cross-border market access for startups, tech companies (WAM 08/12/2022)
ADEX signs AED92m financing agreement with Togo to raise capacity of Mohamed bin Zayed Solar PV Complex (WAM 08/12/2022)
President Sheikh Mohamed meets UN representatives (The National 08/12/2022)
AD Ports Group signs collaboration agreement with Africa Finance Corporation (WAM 07/12/2022)
UAE President holds phone call with Russian President, discusses bilateral relations and international developments (WAM 07/12/2022)
UAE launches initiative to support top 100 start-ups (The National 06/12/2022)
UAE, Ukraine announce intent to negotiate Comprehensive Economic Partnership Agreement (WAM 05/12/2022)
President His Highness Sheikh Mohamed bin Zayed Receives President of Israel (WAM 05/12/2022)
Khaled bin Mohamed bin Zayed meets leaders of space agencies from around the world at Abu Dhabi (WAM 05/12/2022)
UAE Space Agency signs MoU with Philippine Space Agency to promote knowledge and science exchange and cooperation (WAM 05/12/2022)
UAE President, Malaysia’s King witness Signing of Middle East’s First Unconventional Oil Concession (WAM 05/12/2022)
Mohamed bin Zayed a leader of pioneering development vision: Israeli President (WAM 05/12/2022)
India is keen to take its space cooperation with UAE to newer heights (WAM 05/12/2022)
President of Israel arrives in UAE to participate in Abu Dhabi Space Debate (WAM 05/12/2022)
President of Azerbaijan receives Emirati delegation (WAM 05/12/2022)
UAE President arrives in Doha (WAM 05/12/2022)
UAE President Sheikh Mohamed meets Sheikh Tamim in Qatar (The National 05/12/2022)
UAE seeks 22 Cepas by 2031 as Ukraine trade talks start (The National 05/12/2022)
UAE business and economy-related news headlines
Local Press: Rashid rover marks first Arab step in achieving humanity's lunar dreams (WAM 12/12/2022)
Americana shares surge on market debut after raising $1.8b in IPO (The National 12/12/2022)
Tamkeen launches 4th 'Ideas Abu Dhabi' thought-leadership platform (WAM 11/12/2022)
Mohammed bin Rashid visits MBRSC Mission Control Centre, witnesses Rashid Rover launch (WAM 11/12/2022)
UAE-built Rashid Rover takes off to moon successfully (WAM 11/12/2022)
'Dubai Destinations' campaign returns to highlight Dubai’s unique winter attractions and experiences (WAM 11/12/2022)
DEWA completes 93% of 4th phase of H-Station in Al Aweer (WAM 11/12/2022)
Sheikh Mohammed: Sky is not the limit for UAE's space ambitions (The National 11/12/2022)
DEWA receives 29 EOIs to implement first phase of SWRO desalination project at Hassyan complex (WAM 10/12/2022)
Brand Dubai partners with Dubai Culture to showcase the culinary creativity of homegrown businesses at 'Al Marmoom: Film in the Desert' festival (WAM 09/12/2022)
2nd Al Sila Marine Festival to take place in Al Dhafra Region next week (WAM 09/12/2022)
UAE stresses importance of cultural coordination among Arab countries at 23rd Conference of Arab Culture (WAM 09/12/2022)
UAE issues Personal Status Federal Decree- Law for non-Muslims in the country (WAM 09/12/2022)
AED2.1b spent on racehorse training: Minister of Economy (WAM 09/12/2022)
Dubai records over AED9.1b in weeklong real estate transactions (WAM 09/12/2022)
Etihad Airways to reintroduce four of its A380s in summer of 2023 (WAM 09/12/2022)
UAE issues Federal Decree-Law on corporate tax – 9% rate for taxable business profits exceeding AED375,000 (WAM 09/12/2022)
Mohammed bin Rashid amends Law on Judicial Authorities in Dubai, promotes several judges and members of the prosecution (WAM 09/12/2022)
MoCCAE organises forum for fishing and fishermen affairs to raise awareness on programmes, legislation (WAM 09/12/2022)
Mohammed bin Rashid approves Dubai Government's General Budget for 2023-2025 fiscal cycle with expenditures of AED205b (WAM 08/12/2022)
UAE leads Arab World in IMD World Talent Ranking 2022 (WAM 08/12/2022)
Abu Dhabi Chamber signs 3 agreements to drive economic growth (WAM 08/12/2022)
Local production enhances UAE's food security system: FCSC (WAM 08/12/2022)
UAE adds new cohort of nuclear energy professionals at Barakah Plant (WAM 08/12/2022)
Abu Dhabi Accountability Authority joins International Association of Anti-Corruption Authorities (WAM 08/12/2022)
Dubai Shopping Festival returns with stellar lineup (WAM 08/12/2022)
Continuous efforts to enhance UAE's endeavor to confront money laundering crimes (WAM 08/12/2022)
Hamdan bin Zayed approves Executive Regulation for Environmental Assessment and licensing (WAM 08/12/2022)
National Dialogue for Climate Ambition explores innovation in waste management to achieve net-zero targets (WAM 08/12/2022)
Air Arabia Abu Dhabi launches its first flight to Tashkent (WAM 08/12/2022)
Zayed University’s research excellence recognised in Times Higher Education Arab University rankings (WAM 08/12/2022)
Hamdan bin Mohammed discusses progress of UAE National Rail Network with Theyab bin Mohamed (WAM 08/12/2022)
MoEI, International Group of Protection and Indemnity Clubs collaborate to reduce maritime accidents (WAM 08/12/2022)
AED1.85b contracts signed over two days of Abu Dhabi International Food Exhibition (WAM 08/12/2022)
Ministry of Finance organises a series of field visits to local finance departments (WAM 08/12/2022)
EWEC to close its 2022 Clean Energy Certificates auction on 14 December (WAM 08/12/2022)
TAQA, ADNOC, and Mubadala complete landmark transaction for stake in Masdar clean energy (WAM 08/12/2022)
Key business aviation industry players sign new deals at MEBAA Show 2022 (WAM 08/12/2022)
Switzerland is top talent magnet and UAE leads the Arab world, study says (The National 08/12/2022)
First shipment of UAEGD-compliant gold exported to Indian International Stock Exchange (WAM 07/12/2022)
UAE an exception in global trade, economy: Mohammed bin Rashid (WAM 07/12/2022)
AED1.637t, value of non-oil foreign trade within 9 months: Thani Al Zeyoudi (WAM 07/12/2022)
DP World Logistics opens new Container Freight Station to optimise global trade operations (WAM 07/12/2022)
AD Ports Group signs partnership agreement with Agthia Group (WAM 07/12/2022)
Art Dubai unveils inclusive and extensive 2023 programme (WAM 07/12/2022)
Jafza's Polymers and Petrochemical trade worth AED49b in 2021 (WAM 07/12/2022)
Al Jalila Foundation announces launch of new grant cycle to support cancer research in UAE (WAM 07/12/2022)
ADFSA releases latest version of EFST Programme (WAM 07/12/2022)
Higher Committee for Government Digital Transformation showcases 10 projects (WAM 07/12/2022)
UAE Space Agency, Amazon Web Services sign agreement to support long-term growth in region’s space ecosystem (WAM 07/12/2022)
Gitex 2022 generates record $698m in economic output (The National 07/12/2022)
Metaverse expected to add $15 billion annually to GCC economies by 2030 (The National 07/12/2022)
UAE's foreign trade set to hit almost $600b in 2022 (The National 07/12/2022)
ADQ-backed Silal teams up with Abu Dhabi venture company Dana Global to boost food sector (The National 07/12/2022)
UAE's non-oil economy business conditions continue to improve (The National 07/12/2022)
New well-being strategy introduced for Dubai private schools (The National 07/12/2022)
Mohammed bin Rashid affirms Dubai's keenness to improve cooperation with global partners, support global economic growth (WAM 06/12/2022)
UAE Space Agency, Anwar Gargash Diplomatic Academy sign MoU to create opportunities for Emiratis in space industry (WAM 06/12/2022)
Outcomes of inaugural Abu Dhabi Space Debate will contribute to sustainable development of sector (WAM 06/12/2022)
UAE Space Agency, Bayanat partner to develop geospatial analytics platform for space data centre (WAM 06/12/2022)
Emirates ramps up operations to London Gatwick with third daily service (WAM 06/12/2022)
UAE President receives leaders of space agencies participating in Abu Dhabi Space Dialogue (WAM 06/12/2022)
DIFC-based FinTech firms secured more than AED2b of funding in first nine months (WAM 06/12/2022)
ADNOC signs food catering agreements worth over AED1bn with four UAE companies (WAM 06/12/2022)
ADGM introduces guiding principles on whistleblowing (WAM 06/12/2022)
Emerge, Al Dahra sign strategic partnership to develop rooftop solar project in Abu Dhabi (WAM 06/12/2022)
Etihad Cargo expands operations in China and India with introduction of Shanghai-Chennai direct route (WAM 06/12/2022)
World of Coffee Dubai 2023 exhibition set to host 1,000 companies and brands (WAM 06/12/2022)
Abu Dhabi Airports, Bombardier partner to create UAE's first purpose-built service hub for business aircraft (WAM 06/12/2022)
MoF amends VAT treatment for workmanship services when supplying gold and diamonds (WAM 06/12/2022)
UAE, Saudi Arabia sign MoU for mutual recognition of maritime training and certification of competency of seafarers (WAM 06/12/2022)
ADNOC accelerates delivery of low carbon growth strategy to continue responsibly meeting global energy needs (WAM 06/12/2022)
AD Ports Group announces merger of KEZAD Communities with Al Eskan Al Jamae (WAM 06/12/2022)
Adnoc to set up new vertical in decarbonisation push (The National 06/12/2022)
GCC economies well positioned as the world enters uncertain 2023 (The National 06/12/2022)
UAE health chiefs set out national nutrition strategy (The National 06/12/2022)
FTA activates new and improved digital tax administration platform, EmaraTax (WAM 05/12/2022)
Abu Dhabi Chamber’s Labour Camps Developers Group holds first meeting of 2022 after restructuring (WAM 05/12/2022)
Abu Dhabi Space Debate witnesses launch of Space for Climate Observatory (WAM 05/12/2022)
Abu Dhabi Space Debate, a great opportunity to face space sector's challenges: Sarah Al Amiri (WAM 05/12/2022)
When do UAE schools close for winter break and when does the new term start? (The National 05/12/2022)
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Written by Jenny Hunt
Founder, Gateway Group, Abu Dhabi & Dubai, United Arab Emirates
FORBES' Top 100 Most Influential Women in the Middle East