UAE Weekly Business News 18/04/22
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 82. 18th April 2022.
UAE Trade licence and visa-related headlines
New Emirates ID rules replacing residency visas come into effect (The National 11/04/2022)
DMCC breaks record registering 665 new companies in Dubai in Q1 2022 (WAM 12/04/2022)
Ramadan 2022: ‘Am I entitled to overtime pay during the holy month?’ (The National 17/04/2022)
Abu Dhabi Business Centre adds 80 new economic activities in 2021 (WAM 18/04/2022)
UAE Bilateral trade-related headlines
UAE, Costa Rica sign MoU to promote tourism exchange (WAM 11/04/2022)
Peru deepens trade ties with UAE amid bumper billion-dollar export year (WAM 11/04/2022)
UAE, Brunei Darussalam collaborate to enhance training, assessment of seafarers (WAM 12/04/2022)
Abu Dhabi Chamber keen to expand economic cooperation with Rwanda (WAM 12/04/2022)
Sheikh Mohammed hails UAE-US Mars data-sharing partnership (The National 12/04/2022)
UAE Central Bank, Bank of Korea renew Bilateral Currency Swap Agreement (WAM 13/04/2022)
Second session of UAE-Tanzania Joint Committee discusses strengthening cooperation (WAM 14/04/2022)
Dubai-Mozambique Business Forum highlights investment opportunities emerging in Mozambique (WAM 14/04/2022)
FCSC, UK Statistics Authority sign cooperation agreement (WAM 14/04/2022)
Sultan Al Jaber, Azerbaijani President discuss strengthening bilateral relations, investment opportunities (WAM 15/04/2022)
Masdar, Kyrgyzstan sign MoU to explore renewable energy opportunities (WAM 15/04/2022)
ADFD Director-General meets Indian Envoy, highlights scope for extensive cooperation (WAM 18/04/2022)
UAE business and economy-related headlines
Empower District Cooling network grows 33.2% in 4 years (WAM 11/04/2022)
Chaired by Mohammed bin Rashid, UAE Cabinet meeting approves establishment of UAE Council for Digital Economy (WAM 11/04/2022)
DEWA, TRANSCO to increase UAE’s water security with three water-interconnection projects (WAM 11/04/2022)
Dubai airport was world's busiest international hub in 2021 (The National 11/04/2022)
DEWA surges 15.7% on market debut (WAM 12/04/2022)
Dubai Next attracts 398 contributors, approves 62 campaigns in less than a year (WAM 12/04/2022)
ADQ, Chimera Investments partner to launch UAE’s first SPAC on ADX (WAM 12/04/2022)
AED, SAR account for 25% of inter-Arab payments (WAM 12/04/2022)
ADNOC L&S expands its shipping fleet with acquisition of two new-build LNG vessels (WAM 12/04/2022)
Dubai unveils new study affirming success of its strategy to support cultural, creative industries (WAM 12/04/2022)
Mubadala's Cepsa looks to Abu Dhabi for green hydrogen and clean energy partnerships (The National 12/04/2022)
Department of Health in Abu Dhabi joins coalition to revolutionize cancer care (The National 12/04/2022)
Directory launched for women-founded businesses in the UAE (The National 12/04/2022)
Dubai FDI launches 'Investment Aftercare' book (WAM 13/04/2022)
Senior Vice President reveals strategic plan of DXB LIVE to become a global market leader (WAM 13/04/2022)
Safeguarding the financial system against cyber breaches is a priority (WAM 13/04/2022)
Arab Monetary Fund study highlights key factors in attracting FDI to Arab region (WAM 13/04/2022)
Dubai Supreme Council of Energy discusses Waste Management Strategy 2021-2041 (WAM 13/04/2022)
Dubai Chamber sees AED11m in cost savings from paperless strategy (WAM 13/04/2022)
DMCC visits key Brazilian cities to drive trade, new business to Dubai (WAM 13/04/2022)
FSRA issues discussion paper on Decentralised Finance 'DeFi' (WAM 13/04/2022)
Ministry of Economy continues monitoring prices of 300 commodities (WAM 13/04/2022)
More than 50% of Abu Dhabi population reads on regular basis, reports Statistics Centre – Abu Dhabi (WAM 13/04/2022)
Imdaad secures Dubai Municipality’s contract for providing cleaning services in industrial areas (WAM 13/04/2022)
RTA endorses digital signature system based on top information security standards (WAM 13/04/2022)
UAE chief executives account for more than half of top 20 in the Middle East (The National 13/04/2022)
UAE calls on global investors to benefit from its business-friendly environment (The National 13/04/2022)
UAE retirement: 45% of residents have not started saving (The National 13/04/2022)
FTA launches whistle-blower program for tax violations and evasion effective as of Friday, April 15 (WAM 14/04/2022)
UAE's executive to chair Arab Union for Industrial Exports Development (WAM 14/04/2022)
Ministry of Human Resources and Emiratisation warns of risks of dealing with unlicensed domestic recruitment agencies (WAM 14/04/2022)
MoFAIC and MoIAT cooperate to facilitate authentication procedures for factories in country (WAM 14/04/2022)
ADX unveils rebranded Growth Market to encourage private sector listings (WAM 14/04/2022)
Dubai Electronic Security Center launches Cyber Node (WAM 14/04/2022)
Emirates airline plans to create NFTs and metaverse experiences (The National 14/04/2022)
UAE to digitize procedures and reduce costs for industrial businesses (The National 14/04/2022)
Mena economies to grow 5.2% in 2022 but recovery will be uneven, World Bank says (The National 14/04/2022)
Sheikh Mohamed bin Zayed visits Bahrain for talks with King Hamad (The National 14/04/2022)
UAE will 'build bridges and partnerships' in a changing world (The National 14/04/2022)
Dubai RTA detects more than 1,000 fare evaders in inspection operation (The National 14/04/2022)
Abu Dhabi plans to stop sending waste to landfill by 2071 (The National 14/04/2022)
Dubai's weeklong real estate transactions hit AED7.8b (WAM 15/04/2022)
Barakah Plant powers UAE’s net-zero economy, drives innovation (WAM 15/04/2022)
Investopia becomes UAE’s first trademark to be registered under Madrid Protocol (WAM 15/04/2022)
Environment Agency - Abu Dhabi issues its digital annual report (WAM 15/04/2022)
Dubai property prices: where they are rising and falling - March 2022 (The National 15/04/2022)
Abu Dhabi unveils world’s biggest Arabic AI language processing model (The National 15/04/2022)
UAE head teachers speak of struggle to recruit talent amid global teacher shortage (The National 15/04/2022)
With pandemic well controlled, Abu Dhabi charts a futuristic path in healthcare (The National 15/04/2022)
Environment Agency Abu Dhabi highlights success stories of 2021 (The National 15/04/2022)
Sheikh Zayed Grand Mosque a leading destination for visitors of major international events hosted (WAM 16/04/2022)
Mena start-up funding more than doubled to $864m in first quarter of 2022 (The National 16/04/2022)
Sand dunes can 'breathe', research carried out in Gulf desert shows (The National 16/04/2022)
Sheikh Zayed Grand Mosque welcomes more than 1.2m visitors in six months (The National 16/04/2022)
Dubai Customs’ Logistics City Centre clears AED1.6b of goods in Q1 (WAM 17/04/2022)
RTA endorses 5-Year Sustainability Plan 2021-2025 (WAM 17/04/2022)
New Dubai court to hear family inheritance cases (The National 17/04/2022)
Ruler of Dubai sets out plan to make Expo site a global destination (The National 17/04/2022)
Unit 1 of Barakah Nuclear Energy Plant celebrates year on operation with significant wins for energy security (WAM 18/04/2022)
Regular nuclear refuelling phase, maintenance of Unit 1 of Barakah begins (WAM 18/04/2022)
Dubai Chambers rebrands, unveils new corporate identity (WAM 18/04/2022)
UAE recognises Croatian 'Register of Shipping' to issue statutory certificates (WAM 18/04/2022)
DEWA EV Green Chargers provides over 8,800MWh of electricity to electric vehicles since 2015 (WAM 18/04/2022)
EAD announces 2021 achievements regarding groundwater conservation (WAM 18/04/2022)
DCD launches first emirate-wide survey for sports, physical activity (WAM 18/04/2022)
Rashid Hospital's radiology department obtains international accreditation (WAM 18/04/2022)
Dubai and Abu Dhabi office rents rebound to pre-pandemic levels (The National 18/04/2022)
UAE's best universities: United Arab Emirates University (The National 18/04/2022)
Written by Jenny Hunt
Founder, Gateway Group, Abu Dhabi & Dubai, United Arab Emirates
FORBES' Top 100 Most Influential Women in the Middle East
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