UAE Weekly Business News 13/06/22
Updated: Aug 31
Welcome to Gateway Group's weekly collection of business highlights from Abu Dhabi and Dubai. It's the ideal way of staying informed about crucial UAE business news, conveniently in one place.
Simply scan through the headlines and choose the ones relevant to you. To read the full article, click the headline. The source is in purple for reference.
Don't miss it
The UAE Weekly Business News is published every Monday. Subscribe to our blog to receive it in your inbox automatically.
UAE Weekly Business News, Issue 90. 13th June 2022.
UAE trade licence and visa-related headlines
‘Can my employer change my job role without my consent?’ (The National 12/06/2022)
ADGM Registration Authority publishes consultation paper on its insolvency practitioner regime (WAM 09/06/2022)
Some UAE bosses 'still trying to prevent employees from switching companies' (The National 09/06/2022)
Summer relief for UAE labourers starts next week (The National 08/06/2022)
President Sheikh Mohamed honours parent-friendly workplaces (The National 08/06/2022)
Dubai SME launches business incubator focusing on digital technology (The National 07/06/2022)
UAE bilateral trade headlines
UAE and Uzbekistan sign expanded strategic partnership (The National 12/06/2022)
Abu Dhabi, China’s Shandong to enhance industrial and technological cooperation (WAM 10/06/2022)
DMCC boosts Dubai–US relations through agreement with Brooklyn Chamber of Commerce (WAM 10/06/2022)
UAE, European Union explore further cooperation (WAM 10/06/2022)
UAE, Philippines sign agreement on mutual promotion and protection of investments (WAM 09/06/2022)
UAE participates in MENA Europe Future Energy Dialogue in Jordan (WAM 09/06/2022)
British government could look at negotiating other agreements with UAE like CEPA: Bradley Jones (WAM 09/06/2022)
UAE strengthens ties with South Korea, advances strategic partnerships across industrial, energy value chain (WAM 09/06/2022)
Building enduring UAE-Germany partnership on shared values and high ambitions (WAM 09/06/2022)
UAE President receives Israeli Prime Minister (WAM 09/06/2022)
ADQ, Jordan’s Ministry of Digital Economy and Entrepreneurship launch $100m tech fund (WAM 08/06/2022)
Bin Touq to head delegation on visit to Morocco tomorrow (WAM 08/06/2022)
UAE secures 32.1% of Japan's crude oil needs in April (WAM 08/06/2022)
Central Bank governors from UAE, Egypt and Jordan discuss prospects for supporting industrial partnerships (WAM 07/06/2022)
UAE, Japan strengthen economic, energy, industrial cooperation to drive low carbon growth (WAM 07/06/2022)
Dubai International Chamber announces plans to open representative office in Israel (WAM 06/06/2022)
Jordanian Government sings MoU to explore gold, copper (WAM 06/06/2022)
UAE business and economy-related headlines
Registration for first global Spark AR Hackathon Challenge closes on June 17 (WAM 13/06/2022)
Dubai enters new phase in developing its creative ecosystem (WAM 12/06/2022)
DEWA adopts latest smart systems to reduce water network losses (WAM 12/06/2022)
Adnoc Distribution signs new deals for petroleum products (The National 12/06/2022)
Seventeen top-rated private schools in Dubai: a guide (The National 12/06/2022)
Abu Dhabi primed to be major clinical trial capital, officials say (The National 12/06/2022)
Single-use bag charge in Dubai is first step towards ban, authorities say (The National 11/06/2022)
UAE tops Arab countries as best FDI attraction hub (WAM 10/06/2022)
Dubai Chamber strengthens partnership with Dubai Land Department (WAM 10/06/2022)
EWEC to conduct 4th Clean Energy Certificates Auction (WAM 10/06/2022)
ADX records highest trading value in Arab region in May 2022 (WAM 10/06/2022)
EDGE Group’s HALCON to showcase advanced manufacturing capabilities at Middle East Coatings Show Dubai (WAM 10/06/2022)
AED8.7b in weeklong real estate transactions in Dubai (WAM 10/06/2022)
DXB's Northern runway rehabilitation programme on track for completion on June 22
UAE vows to deliver on 'promises and pledges' to tackle climate change (The National 10/06/2022)
UAE's first-quarter diamond trade rises 36% to $11bn (The National 10/06/2022)
UAE well prepared to thwart ransomware attacks, report finds (The National 10/06/2022)
UAE government schools prepare for Arabic to English switch (The National 10/06/2022)
UAE’s trade surplus with GCC countries at AED134.7b in 2021 (WAM 09/06/2022)
Ministry of Industry and Advanced Technology concludes region’s first Sugar Reduction Programme (WAM 09/06/2022)
TECOM offers 625 million shares on Dubai Financial Market (WAM 09/06/2022)
Dubai's visitor numbers up more than threefold to 5.1 million in first four months of 2022 (The National 09/06/2022)
Increased women's participation in Mena workforce could raise GDP by $2T, PwC says (The National 09/06/2022)
Mena start-ups raise 63% more in funding in May (The National 09/06/2022)
Dubai's non-oil economy surges to 35-month high on tourism recovery (The National 09/06/2022)
Dubai to list 12.5% of Tecom through IPO on Dubai Financial Market (The National 09/06/2022)
Dubai's VaultsPay and Wibmo to introduce pre-paid banking card for blue-collar workers (The National 09/06/2022)
How UAE residents are using self-storage to save space and money (The National 09/06/2022)
UAE-funded US research centre promises to transform paediatric care (The National 09/06/2022)
CBUAE expects UAE's real GDP growth to reach 4.2% next year (WAM 08/06/2022)
FAB offers ADGM registered entities preferential banking services (WAM 08/06/2022)
UAE energy minister says oil prices could rise further (The National 08/06/2022)
Abu Dhabi Convention and Exhibition Bureau, SITE team up to enhance emirate’s incentive travel sector (WAM 07/06/2022)
ADX's market capitalisation grew by 25% (WAM 07/06/2022)
Hub71 partners with AIQ to accelerate AI-driven transformation of energy industry (WAM 07/06/2022)
Khalifa Fund for Enterprise Development releases UAE Consumer Survey Report (WAM 07/06/2022)
Mubadala, EQT Private Equity to acquire Envirotainer, provider of mission-critical biopharma transport (WAM 07/06/2022)
Masdar City, DANA to develop beta site for innovative agritech pilot projects, testing (WAM 07/06/2022)
Flying taxi trips could take off soon in Dubai as Falcon and Embraer sign deal (The National 07/06/2022)
Dubai poised to open $163m facility in Jafza for wholesale and retail traders (The National 07/06/2022)
Abu Dhabi to host construction and manufacturing events in September (The National 07/06/2022)
Solid growth on the cards for the UAE despite accelerating inflation (The National 07/06/2022)
Sheikh Mansour bin Zayed establishes National Media Office (The National 07/06/2022)
Omar Al Olama highlights importance of adopting advanced technologies, improving UAE’s infrastructure (WAM 06/06/2022)
DIFC advances Dubai's status as preferred global financial, innovation hub among US institutions (WAM 06/06/2022)
DP World, CDPQ announce US$5 billion investment in strategic assets in UAE (WAM 06/06/2022)
DEWA completes 44% of 250MW Hatta hydroelectric power plant (WAM 06/06/2022)
ADGM publishes amendments to its legislative framework (WAM 06/06/2022)
UAE economy to expand 5.4% this year on Covid mitigation measures, Central Bank says (The National 06/06/2022)
UAE telecom operator e& and G42 merge data centres under Khazna (The National 06/06/2022)
Images reveal progress on Dubai hydroelectric project (The National 06/06/2022)
Written by Jenny Hunt
Founder, Gateway Group, Abu Dhabi & Dubai, United Arab Emirates
FORBES' Top 100 Most Influential Women in the Middle East
25 Best Abu Dhabi Blogs And Websites
Need business support services in the UAE? We're here to help.
Remove the challenge of doing business in a foreign country, by using the trusted business services of Gateway Group. Recommended by international law firms, business groups and trade associations; we can support your business when you need the peace of mind of having someone on-the-ground who knows what they are doing, understands the business environment, is clued up on how to get things done and will quickly grasp exactly what you need. Whether you need one-time help or on-going support, speak to our friendly team to find out how we can help you.
Gateway Group Business Setup
Gateway Group helps companies get licensed to do business in the United Arab Emirates. Founding Partner, Jenny Hunt, has been setting up businesses in Abu Dhabi and Dubai, and arranging visas, for over 10 years!
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. Just like their clients - they've invested their own money into businesses, and want the confidence of having management & financial control, asset protection, trustworthy partners for on-the-ground support, and being legally compliant. They understand the anxiety. And, the good news is they've done all the ground work already - tried and tested it on your behalf, so to speak - so they are best positioned to help you setup your UAE company the right way, and provide complementary business support services. #GatewayToUAE #ReassuringlyHonest
