Jenny Hunt
UAE Weekly Business News 17/04/23
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 132. 17th April 2023.
UAE free zones news headlines
UAE employment and visa news
UAE: What kind of legal actions can employer take against me under non-competition clause? (Khaleej Times 16/04/2023)
UAE resident extra salary: How to apply for a second monthly income (Arabian Business 12/04/2023)
More than 60% of UAE professionals prefer to be their own boss, survey shows (The National 11/04/2023)
UAE business, trade and economy news
Emirates, flydubai extend flight suspension to Sudan as air strikes continue (Khaleej Times 17/04/2023)
Dubai: European buyers surpass Indians, Pakistanis in new property project (Khaleej Times 17/04/2023)
How UAE’s corporate tax will affect informal business partnerships (The National 17/04/2023)
7 million transactions by Dubai Customs in Q1-23 (WAM 16/04/2023)
Dubai's VARA sets regulations deadline for virtual assets operators (Government of Dubai Media Office 16/04/2023)
KPMG ordered to pay investors $231m after Abraaj fund audit (The National 16/04/2023)
Dewa's second nanosatellite launched on SpaceX rocket (The National 15/04/2023)
TDRA launches ‘Name Ideas’ ChatGPT-supported initiative (WAM 14/04/2023)
New law issued for operating self-driving cars in Dubai (The National 14/04/2023)
UAE FinTech MBME to list its shares on ADX next week (The National 14/04/2023)
First concept store by Delma Exchange and Western Union opens in the UAE (Arabian Business 14/04/2023)
UAE announces private sector holiday for Eid Al Fitr (WAM 13/04/2023)
Eid al-Fitr holiday for federal government begins 29th Ramadan (WAM 13/04/2023)
AED 245.5b saving deposits in UAE banks by end of January 2023 (WAM 13/04/2023)
Air Canada to launch new Vancouver-Dubai Service in October (WAM 13/04/2023)
UAE stock markets rally continues (WAM 13/04/2023)
Abu Dhabi to host two Challenge Tour golf championships (Abu Dhabi Media Office 13/04/2023)
New rules to tackle rowdy airline passengers arriving in UAE (The National 13/04/2023)
Adnoc Drilling awarded $412m contract for Upper Zakum oil field (The National 13/04/2023)
How to buy property in Dubai if you are not a resident (Khaleej Times 13/04/2023)
Listed UAE firms post higher rate of growth in profits than GCC peers (Khaleej Times 13/04/2023)
UAE announces new Abu Dhabi bridge, slashes travel time (Arabian Business 13/04/2023)
Abu Dhabi’s AED10b Island announces contractors for Jubail Terraces (Arabian Business 13/04/2023)
TAQA establishes New Green Finance Framework (WAM 12/04/2023)
UAE Cabinet celebrates 17 years of achievements (WAM 12/04/2023)
UAE's Rashid Rover to land on Moon on 25th April (WAM 12/04/2023)
Dubai received 674,000 medical tourists who spent $270m in 2022 (The National 12/04/2023)
Spending on AI in Mena region 'to soar to $3b in 2023' (The National 12/04/2023)
Doubling re-exports to 'significantly' boost UAE GDP, minister says (The National 12/04/2023)
UAE's GDP doubled, foreign trade jumped 5 times in 17 years: Sheikh Mohammed (Khaleej Times 12/04/2023)
Dubai to host 2023 Global Summit of Women (WAM 11/04/2023)
Etihad Airways goes daily to Toronto (WAM 11/04/2023)
ADX announces listing of MBME GROUP’s shares (WAM 11/04/2023)
UAE CLIMATE TECH to take place in Abu Dhabi on May 10 (WAM 11/04/2023)
ADNEC prepares for major global events in next 3 months (WAM 11/04/2023)
Abu Dhabi University to regulate use of ChatGPT in education (WAM 11/04/2023)
ADEK outlines framework to enhance academic excellence of private schools in Abu Dhabi (Abu Dhabi Media Office 11/04/2023)
Expo City Mall to open its doors in 2024 (The National 11/04/2023)
Fines of up to AED200,000 for breaching egg and poultry price cap (The National 11/04/2023)
Abu Dhabi private schools can raise tuition fees for first time in three years (The National 11/04/2023)
Dubai's non-oil economy hits five-month high on boost in jobs and inventory growth (The National 11/04/2023)
UAE's trade to grow amid non-oil sector growth and Cepa deals, economists say (The National 11/04/2023)
UAE economy to grow at a faster pace next year: IMF (Khaleej Times 11/04/2023)
Dubai’s ultra-luxury home prices climb 27% in first quarter amid strong demand (The National 10/04/2023)
UAE corporate tax: Ministry clarifies organisations exempt from registration (The National 10/04/2023)
UAE Mergers & Acquisitions news
Sukoon Insurance gets regulatory approval for majority stake acquisition in Ascana (Arabian Business 14/04/2023)
e& to acquire a majority stake in Careem Super App (WAM 10/04/2023)
UAE Financial Results
QCC publishes annual report for 2022 (WAM 10/04/2023)
UAE bilateral trade news
$5b of UAE investments in Brazil: Minister of Economy (WAM 15/04/2023)
AED111b of UAE-Brazil trade in 10 years (WAM 15/04/2023)
President of Brazil arrives in UAE (WAM 15/04/2023)
UAE the leading Arab investor in Egypt: UAEIIC Secretary-General (WAM 13/04/2023)
EDGE to open LATAM Regional Office in Brazil (WAM 11/04/2023)
Saqr Ghobash, Chinese Ambassador, discuss bilateral ties (WAM 11/04/2023)
If you find this resource informative and helpful,
please show your appreciation by clicking the ❤️ at the bottom of this page.
Thank you.
Written by Jenny Hunt
Founder, Gateway Group, Abu Dhabi & Dubai, United Arab Emirates
FORBES' Top 100 Most Influential Women in the Middle East