UAE Weekly Business News 15/08/21

Welcome to Gateway's 49th 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.
Bilateral trade-related headlines
Expo 2020 Dubai a key economic driver after COVID-19 pandemic: Austrian Minister of Economy (WAM 10/08/2021)
Dubai Chamber exports, re-exports to West Africa up 42% in first 5 months of 2021 (WAM 10/08/2021)
Abdulla Al Marri holds virtual meeting with Latvian counterpart to enhance economic cooperation (WAM 11/08/2021)
Dubai's external trade with India reaches AED67bn in H1 2021 (WAM 11/08/2021)
Ministry of Energy and Infrastructure, South Korea discuss enhancing cooperation (WAM 11/08/2021)
UAE economy-related headlines
Wizz Air to recruit 4,600 new pilots by 2030 (WAM 08/08/2021)
UAE salaries: what are the most in-demand healthcare jobs and how much do they pay? (The National 08/08/2021)
ADDED to issue professional licenses that permit 100% foreign ownership
Mena users spend an average 90 minutes daily with short-form content online (The National 09/08/2021)
Relaxed travel curbs 'to boost UAE aviation and hospitality recovery' (The National 09/08/2021)
Dubai's business conditions improve at quickest pace in a year (The National 09/08/2021)
Dubai resolves 8,713 rental disputes in first half of 2021 (The National 09/08/2021)
UAEU Centre for Public Policy and Leadership conducts research study on UAE food industry (WAM 10/08/2021)
Dubai Airports expects rebound in air traffic during H2 2021 (WAM 11/08/2021)
SeaWorld Abu Dhabi on Yas Island set to feature world’s largest aquarium (WAM 11/08/2021)
Expo 2020’s ‘Thrive Together’ programme to explore new business opportunities (WAM 11/08/2021)
Abu Dhabi property prices rise as demand picks up in key areas (The National 11/08/2021)
AED4.7bn of weeklong real estate transactions in Dubai (WAM 12/08/2021)
GCC economic recovery to accelerate in 2022 on oil income and private sector growth (The National 12/08/2021)
Consumer spending in UAE retail sector up 4% in second quarter (The National 12/08/2021)
Majority of female entrepreneurs in MEA have digital presence for their businesses (The National 12/08/2021)
Dubai property prices continue to rise amid economic recovery and higher demand (The National 12/08/2021)
UAE victims of cyber crime lose $746m a year (The National 13/08/2021)
Abu Dhabi Early Childhood Authority’s WED Movement engages global experts to drive innovation, excellence (WAM 14/08/2021)
Dubai Customs introduces comprehensive guide on customs services during EXPO2020 Dubai (WAM 14/08/2021)
Abu Dhabi Emergency, Crisis and Disasters Committee updates home quarantine guidelines for those in contact with COVID-19 positive case (WAM 14/08/2021)
Abu Dhabi Emergency, Crisis and Disasters Committee updates travel procedures for citizens, residents and visitors (WAM 14/08/2021)
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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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