UAE Weekly Business News 16/01/23

Gateway Group's UAE Weekly Business News. Abu Dhabi and Dubai trade, investment and economy headlines.

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

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)

UAE 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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Written by Jenny Hunt

Founder, Gateway Group, Abu Dhabi & Dubai, United Arab Emirates

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