UAE Weekly Business News 16/01/23

Welcome to Gateway Group's weekly roundup of business headlines for Abu Dhabi and Dubai. It's an ideal way of quickly and conveniently keeping clued up on essential business news in the UAE.

Simply scan through the headlines, choose those which are relevant to you and click the headlines to go directly to the articles. The source is in purple for reference only.

The UAE Weekly Business News is published every Monday. Subscribe to our blog to get it emailed to you each week.

UAE Weekly Business News, Issue 119. 16th January 2023.

UAE Weekly Business News. Abu Dhabi and Dubai headlines covering the economy, trade, bilateral relations and regulatory changes.

Abu Dhabi and Dubai trade license, entrepreneur, employment and visa-related news headlines

• Small companies to remain exempt from Emiratisation targets, says official (The National 16/01/2023)

• 'Should I resign before starting a new job to accept another offer?' (The National 15/01/2023)

• (WAM 14/01/2023)

• UAE schools intensify efforts to find Emirati staff as deadlines approach (The National 13/01/2023)

• Strategies of Emirati Talent Competitiveness Council achieved exceptional results on Emiratisation (WAM 12/01/2023)

• A guide to teaching in the UAE and how much you can earn (The National 12/01/2023)

• Mansour bin Zayed chairs ETCC Board meeting, reviews NAFIS’ 2022 results and 2023 Emiratisation

• UAE golden visas issued in all categories increased to 79,617 in 2022: GDRFA (WAM 11/01/2023)

• Thousands of Emiratis join private sector (The National 11/01/2023)

UAE bilateral trade news headlines

• UAE, US form Expert Group to lead bilateral clean energy partnership (WAM 15/01/2023)

• President of UAE, Angolan counterpart review advancing relations (WAM 15/01/2023)

• UAE President receives President of Azerbaijan (WAM 15/01/2023)

• Kazakh President arrives in UAE (WAM 15/01/2023)

• President of Serbia receives Abdullah bin Zayed, discusses strategic partnership between two countries

• UAE President, Korean President witness announcement, exchanging of several agreements, MoUs (WAM 15/01/2023)

• Korea-UAE cooperation will support global energy and smart city markets, says President Yoon Suk Yeol (WAM 15/01/2023)

• UAE President, Korean President discuss bilateral cooperation (WAM 15/01/2023)

• UAE and US to allocate $20b for 15 gigawatts of clean energy projects (The National 15/01/2023)

• UAE Minister of Energy and Infrastructure, Romanian counterpart discuss cooperation in energy field (WAM 14/01/2023)

• Masdar signs agreement with 4 Dutch companies to explore exporting green hydrogen from Abu Dhabi to Europe (WAM 14/01/2023)

• Abdullah bin Zayed participates in India's Voice of Global South Summit (WAM 13/01/2023)

• UAE, Pakistan issue joint statement affirming keenness to strengthen their strategic partnership (WAM 13/01/2023)

• UAE Ministry of Energy and Infrastructure, UK counterpart sign MoU to drive energy sector (WAM 13/01/2023)

• Iranian Economic delegation in Abu Dhabi to discuss bilateral relations (WAM 12/01/2023)

• Saqr Ghobash, IPU Secretary-General discuss bilateral relations (WAM 12/01/2023)

• Mohammed bin Rashid meets Prime Minister of Pakistan (WAM 12/01/2023)

• UAE participates in Global Partnership for Financial Inclusion meeting under India G20 Presidency (WAM 12/01/2023)

• Dubai Customs, Arab-Brazilian Chamber of Commerce discuss furthering trade cooperation (WAM 11/01/2023)

• UAE holds first Financial Dialogue with Israel (WAM 11/01/2023)

• Mohammed bin Rashid meets with Chairman of Bank of America (WAM 10/01/2023)

• Mansour bin Zayed receives Governor of Central Bank of Iran (WAM 10/01/2023)

• UAE’s Masdar signs agreement with Kyrgyzstan to develop renewable energy projects (The National 10/01/2023)

• Negev Forum Working Groups meeting begins in Abu Dhabi (WAM 09/01/2023)

Abu Dhabi and Dubai business and economy-related news headlines

• Leaders at Abu Dhabi Sustainability Week to drive climate action (The National 16/01/2023)

• Almheiri affirms UAE's enduring support for energy transition (WAM 15/01/2023)

• UAE launched 11 environmentally-friendly energy projects worth AED159 billion in 2022: Suhail Al Mazrouei (WAM 15/01/2023)

• Suqia UAE’s Board of Trustees discuss plans for 2023 (WAM 15/01/2023)

• UAE committed to supporting balance in oil market: Suhail Al Mazrouei (WAM 14/01/2023)

• Ministry of Energy and Infrastructure reviews its ambitious initiatives and projects in support of climate action (WAM 14/01/2023)

• Incoming COP28 President-Designate calls for COP of Action, COP For All to deliver (WAM 14/01/2023)

• Sultan Al Jaber reaffirms UAE’s full support in advancing IRENA’s mission (WAM 14/01/2023)

• Release of US oil reserves aimed at ‘underlying crisis’, Abu Dhabi forum told (The National 14/01/2023)

• 'Transformational' progress needed to achieve net zero, Dr Al Jaber says (The National 14/01/2023)

• Over 250,000 subscribe to Unemployment Insurance Scheme since start of registration (WAM 13/01/2023)

• UAE provides conducive environment for cooperation between fossil fuel providers, climate activists: Atlantic Council President and CEO (WAM 13/01/2023)

• Hamdan bin Zayed chairs EAD’s Board of Directors meeting, reviews key achievements in 2022 (WAM 13/01/2023)

• MoIAT to sign strategic partnerships and announce regulatory decrees ahead of COP28 (WAM 13/01/2023)

• Dubai logs over AED8.1b in weeklong real estate transactions (WAM 13/01/2023)

• College of Agriculture and Veterinary Medicine at UAE University, a new breakthrough in 2023 (WAM 13/01/2023)

• UAE Press: The leaders shaping Cop28 (WAM 13/01/2023)

• Dubai, an attractive destination for ambitious ideas and projects: Dubai Culture Director-General (WAM 13/01/2023)

• Rashid Rover completes one month in space; on track towards lunar surface (WAM 13/01/2023)

• Gulf set for 'critical' economic boost as China reopens (The National 13/01/2023)

• Abu Dhabi Sustainability Week will serve as a gateway to Cop28 (The National 13/01/2023)

• Dubai to build world's first 3D-printed mosque (The National 13/01/2023)

• Islamic Banks' assets up to AED607.8b by October 2022 (WAM 12/01/2023)

• UAE well poised to host solutions-oriented COP28: Suhail AI Mazrouei (WAM 12/01/2023)

• Aldar launches comprehensive plan to decarbonise its business and assets (WAM 12/01/2023)

• Dubai enriches its visual identity via 'Public Art Strategy' (WAM 12/01/2023)

• Masdar City’s Innovate returns to Abu Dhabi Sustainability Week 2023 to showcase clean-tech companies (WAM 12/01/2023)

• Emirates expands Asian network with Haneda resumption (WAM 12/01/2023)

• Dubai Chamber of Commerce launches five business groups (WAM 12/01/2023)

• DP World and Maersk enter long-term partnership at Jebel Ali (WAM 12/01/2023)

• Abu Dhabi to host Global Information Technology Challenge for Youth of Determination in October (WAM 12/01/2023)

• Following presidential directive, Mansour bin Zayed appoints COP28 UAE President-Designate (WAM 12/01/2023)

• Local Press: UAE will not miss single-use plastics (WAM 12/01/2023)

• IATA reports 84.6% growth in travel for Middle Eastern airlines in November (WAM 12/01/2023)

• DUPHAT 2023 concludes with commercial deals worth over AED6.12b (WAM 12/01/2023)

• Environment Agency – Abu Dhabi plants one million mangrove seeds by drone (WAM 12/01/2023)

• In his capacity as Ruler of Abu Dhabi the UAE President issues law to establish Abu Dhabi Media Office (WAM 12/01/2023)

• flydubai expands its network in Kazakhstan to three destinations (WAM 12/01/2023)

• Dubai hotels end 2022 with strong room revenue in December (The National 12/01/2023)

• Investment opportunities are shining a light on the GCC (The National 12/01/2023)

• New social investing platform unveiled for GCC traders (The National 12/01/2023)

• Dubai World Trade Centre kicks off 2023 with action-packed Q1 agenda (WAM 11/01/2023)

• CBUAE issues new guidance on anti-money laundering and combatting financing of terrorism (WAM 11/01/2023)

• Abu Dhabi Global Market publishes Healthcare Regulations (WAM 11/01/2023)

• Emirates NBD first bank to issue Dirham-bond following UAE Federal Government’s establishment of yield curve (WAM 11/01/2023)

• Seatrade Maritime Logistics Middle East puts digitalisation in focus (WAM 11/01/2023)

• Dubai Chamber of Commerce launches Printing & Publishing Business Group (WAM 11/01/2023)

• How companies in the region can take advantage of digitalisation (The National 11/01/2023)

• The Debt Panel: ‘Can I keep my UAE bank account after UK move?’ (The National 11/01/2023)

• Foreign assets up 0.41% to AED426b in October 2022 (WAM 10/01/2023)

• FAB issues 5-year $500 million sukuk marking first global sukuk issuance in 2023 (WAM 10/01/2023)

• Borouge secures two new contracts worth AED55M from leading UAE manufacturers (WAM 10/01/2023)

• Hamdan bin Mohammed and Maktoum bin Mohammed review roadmap for implementing Dubai Economic Agenda (WAM 10/01/2023)

• Mubadala, Resilience partner to develop and advance biopharma manufacturing in UAE (WAM 10/01/2023)

• ADNOC’s new world-scale gas processing, operations and marketing company established (WAM 10/01/2023)

• Abu Dhabi Chamber enhances digital ‘Effortless Certificate of Origin’ service (WAM 10/01/2023)

• Investcorp set to invest $1b in GCC real estate over next five years (WAM 10/01/2023)

• DIFC hosts over 250 companies managing assets worth $450b (WAM 10/01/2023)

• ADNEC Group holds meeting with ambassador, diplomatic missions' representatives, military attachés in the UAE (WAM 10/01/2023)

• Dubai Municipality designs Recyclable Materials Collection Centre using cargo shipping (WAM 10/01/2023)

• Dubai's non-oil private economy continued to improve in December on sharp output rise (The National 10/01/2023)

• Dubai property prices: where they rose and fell last month (The National 10/01/2023)

• ADNOC’s new gas subsidiary begins operations (The National 10/01/2023)

• Abu Dhabi Accountability Authority launches ADAA Smart application (WAM 09/01/2023)

• DFM, DWTC to launch MENA IPO Summit (WAM 09/01/2023)

• ADGM’s Abu Dhabi Sustainable Finance Forum to return for its 5th edition in 2023 (WAM 09/01/2023)

• Ministry of Finance holds first session of Corporate Tax Public Awareness Programme in Abu Dhabi (WAM 09/01/2023)

• UAE to keep 9% corporate tax rate for foreseeable future, Finance Ministry official says (The National 09/01/2023)

Abu Dhabi Tender Opportunity

• Abu Dhabi Investment Office launches Khalifa University student accommodation tender process (WAM 10/01/2023)

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Gateway Group Of Companies

With offices in Abu Dhabi and Dubai, Gateway Group helps international companies get registered to do business in the United Arab Emirates (UAE). We are the authority on business licenses and visas for expats in Abu Dhabi and Dubai.

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. We do what's in the best interests of our clients rather than what's best for our bottom line. After all, we are just like our clients - we've invested our own money into our business licenses, so we fully appreciate what a big investment a commercial license is. We believe this uniquely positions us to provide our services with understanding and empathy.

From our own first-hand experience and knowledge, generated from living and working in the UAE, as well as setting up companies and building relationships here, we are able to offer unique insight and guidance to help our clients successfully step into the market and do business in the UAE.

We value long-term relationships and our incredible client retention is one of our strongest assets, which is extremely rare in our industry.

Founding Partner, Jenny Hunt, has been setting up businesses in Abu Dhabi and Dubai for over 10 years and is ranked in FORBES' Top 100 Most Influential Women In The Middle East.

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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