UAE Weekly Business News 18/07/21
Welcome to Gateway's 45th 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.
Visa-related headlines
UAE sets out plan to provide 100,000 golden visas for world's best coders (The National 11/07/2021)
More than 2,000 top pupils eligible for UAE golden visa (The National 15/07/2021)
Bilateral trade-related headlines
UAE Banks Federation discuss financial crime countermeasures with US Treasury official (WAM 13/07/2021)
Abu Dhabi Chamber Chairman, Argentinean Ambassador discuss trade cooperation (WAM 13/07/2021)
Emirati delegation discusses enhancing cooperation with Estonian officials (WAM 13/07/2021)
UAE holds dialogue with EU on stamping out financial crime (The National 13/07/2021)
Denmark supports UAE, US initiative on Agriculture Innovation Mission for Climate (WAM 14/07/2021)
UAE, Hungary sign agreement on mutual promotion and protection of investments (WAM 15/07/2021)
UAE economy-related headlines
RTA publishes Dubai Delivery Services Management Manual (WAM 11/07/2021)
Dubai Chamber survey points to improving business confidence in Dubai (WAM 11/07/2021)
Arab Health and Medlab Middle East generates over AED767m deals in four days (WAM 11/07/2021)
Sharaka supports private sector in Abu Dhabi settle undisputed payments with public sector (WAM 11/07/2021)
Business confidence in Dubai at seven-year peak ahead of Expo (The National 11/07/2021)
10 good reasons for businesses to migrate to Dubai (Khaleej Times 11/07/2021)
ADNOC joins Hydrogen Council (WAM 12/07/2021)
DEWA completes 79.6% of Lusaily water reservoir to increase water storage capacity in Dubai to 1002 MIG (WAM 12/07/2021)
Abu Dhabi's foodstuffs trade valued at AED 7.51 billion in five months (WAM 12/07/2021)
Dubai leads the way for global tourism recovery (WAM 12/07/2021)
Dubai office rents stabilise amid economic recovery and job creation (The National 12/07/2021)
Cash-on-delivery down 75% in UAE since start of the pandemic (The National 12/07/2021)
Why higher oil prices are unlikely to change GCC government spending plans (The National 12/07/2021)
EGA starts up second phase of Al Taweelah smelter expansion ahead of schedule (WAM 13/07/2021)
FTA intensifies inspections in local markets, uncovers tax violations worth AED71.48 million (WAM 13/07/2021)
Funding to Mena start-ups rises 64 per cent to $1.2bn in first half of 2021 (The National 13/07/2021)
74% of Gulf employers expect to step up hiring this year (The National 13/07/2021)
More than half of all Emiratis trust banks with their personal data (The National 13/07/2021)
UAE Minister of State for Food and Water Security and Start-Up Nation Central to cooperate on promoting innovation (Khaleej Times 13/07/2021)
Dubai facilitates smooth investment journey for global FDIs (Khaleej Times 13/07/2021)
Abu Dhabi hotel occupancy hits highest since Feb 2020 (Khaleej Times 13/07/2021)
ADNOC invests over US$750 million in drilling-related services to support production capacity growth (WAM 14/07/2021)
Dubai South VIP Terminal records over 346% increase in private-jet movements in H1 2021 (WAM 14/07/2021)
Al Ain International Airport welcomes two new weekly flights operated by Nile Air (WAM 15/07/2021)
Dubai's weeklong real estate transactions valued at AED5.3bn (WAM 15/07/2021)
New border entry rules for Abu Dhabi announced (The National 15/07/2021)
UAE on path to become a leading digital economy (Khaleej Times 15/07/2021)
VC does it for startups in the UAE (Khaleej Times 16/07/2021)
Dubai Custom, DP World introduce automation of Exit/Entry Certificates (WAM 17/07/2021)
CBUAE issues Retail Payment Services and Card Schemes Regulation (WAM 17/07/2021)
UAE speeds up global broadband index (Khaleej Times 17/07/2021)
UAE's dark kitchen revolution takes a bite from traditional restaurants (The National 18/07/2021)
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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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