UAE Weekly Business News 19/09/22

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 104. 19th September 2022.

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

• DMCC doubles Chinese companies over last five years (WAM 15/09/2022)

• UAE salaries likely to rise by 4.4% in 2023, study finds (The National 15/09/2022)

• Most Middle East companies offer end-of-service benefits (The National 15/09/2022)

• ADDED registers 136 new industrial licenses in H1, 2022 (WAM 12/09/2022)

• Dubai Chamber of Commerce sees 69% surge in new members during first 8 months of 2022 (WAM 12/09/2022)

• Majority of UAE employers plan to hire more staff in 2023 (The National 12/09/2022)

UAE bilateral trade news headlines

• UAE a global business centre that attracts American companies, says US-UAE Business Council (WAM 19/09/2022)

• Abdullah bin Zayed meets Israeli Minister of Defence (WAM 19/09/2022)

• UAE President receives written letter from Sri Lankan President (WAM 12/09/2022)

• (The National 19/09/2022)

• President Sheikh Mohamed congratulates King Charles on accession to UK throne (The National 18/09/2022)

• Utah trade mission delegation explores new partnerships in UAE (WAM 17/09/2022)

• UAE, Uruguay explore prospects for agricultural cooperation (WAM 17/09/2022)

• Minister of Climate Change attends reception hosted by Embassy of Mexico (WAM 16/09/2022)

• Abdullah bin Zayed holds official reception in Tel Aviv on second anniversary of Abraham Accords (WAM 16/09/2022)

• Abdullah bin Zayed meets Benjamin Netanyahu (WAM 16/09/2022)

• Abdullah bin Zayed meets with Israeli Finance Minister (WAM 16/09/2022)

• Abdullah bin Zayed meets with Israeli Interior Minister (WAM 16/09/2022)

• Abdullah bin Zayed meets with Israeli Minister of Transport (WAM 16/09/2022)

• Abu Dhabi Chamber, Kazakhstan discuss trade expansion, investment cooperation (WAM 15/09/2022)

• UAE delegation participates in Cambridge International Symposium on Economic Crime (WAM 15/09/2022)

• Shakhboot bin Nahyan attends inauguration of Kenyan President (WAM 15/09/2022)

• Abdullah bin Zayed meets Prime Minister of Israel (WAM 15/09/2022)

• UAE President invites Israeli counterpart to attend Abu Dhabi Space Dialogue (WAM 15/09/2022)

• Saqr Ghobash, Brazilian Minister of Foreign Affairs discuss bilateral ties (WAM 15/09/2022)

• Saqr Ghobash, Brazilian Minister of Economy discuss bilateral ties (WAM 15/09/2022)

• WETEX & DSS attract wide range of South Korean companies (WAM 15/09/2022)

• Minister of Economy, Greek Prime Minister explore economic partnerships and investments (WAM 14/09/2022)

• ‏ (WAM 14/09/2022) Shakhboot bin Nahyan meets President of Gabon

• Shakhboot bin Nahyan meets President of Guinea-Bissau (WAM 14/09/2022)

• UAE Council for Environmental and Municipal Work approves 6-month municipal work agenda (WAM 14/09/2022)

• Abu Dhabi Chamber discusses cooperation with Federation of Egyptian Industries (WAM 13/09/2022)

• Chinese Ambassador visits Emirates Global Aluminium in Jebel Ali (WAM 13/09/2022)

• UAE economic delegation led by Ahmed Al Sayegh visits Georgia (WAM 13/09/2022)

• UAE President invited to participate in 31st Arab League Summit (WAM 13/09/2022)

• UAE President, Japanese PM review aspects of cooperation (WAM 13/09/2022)

• Increase in bilateral trade between UAE and Costa Rica by 292.3% since opening of Embassy (WAM 12/09/2022)

UAE business and economy-related news headlines

• Applications open for 3rd UAE edition of Academy for Women Entrepreneurs (WAM 19/09/2022)

• Dubai Supreme Council of Energy announces Emirate’s success in reducing 21% carbon emissions in 2021 (WAM 19/09/2022)

• Initiative to double UAE family businesses' contribution to GDP to $320b by 2032 (The National 19/09/2022)

• AD Ports Group launches Kezad Group as integrated ecosystem for key industries (The National 19/09/2022)

• Dubai reduced carbon emissions by 21% in 2021 (The National 19/09/2022)

• Launch window for UAE Moon mission revealed (The National 19/09/2022)

• Arab economies expected to grow by 5.4% in 2022: Arab Monetary Fund (WAM 18/09/2022)

• RTA approves package of services and development projects for Dubai Taxi (WAM 18/09/2022)

• Culture Summit Abu Dhabi 2022 to explore future of diverse, sustainable culture sector (WAM 18/09/2022)

• World Green Economy Summit to discuss global food security, role of agriculture sector in achieving net zero future (WAM 17/09/2022)

• Jebel Ali Free Zone propels automotive markets growth through world-class infrastructure and access (WAM 17/09/2022)

• Dubai's real estate market records AED8.9b in weeklong transactions (WAM 16/09/2022)

• Emirates Institute for Banking and Financial Studies scores 93% satisfaction rating in H1 of 2022 (WAM 16/09/2022)

• Dubai's Salik ups IPO size 24.9% on strong investor demand (WAM 16/09/2022)

• Transport Centre completes 3,025 parking spaces for motorcycles in Abu Dhabi (WAM 16/09/2022)

• UAE stocks hit three-week high (WAM 15/09/2022)

• Emirates, United expand market presence through new agreement (WAM 15/09/2022)

• Ministry of Finance signs a MoU with the UAE Internal Auditors Association (WAM 15/09/2022)

• UAE ranks first in MENA, 11th globally in UNIDO’s Index (WAM 15/09/2022)

• Etihad Airways rated one of world's most punctual airlines (WAM 15/09/2022)

• Air Arabia Abu Dhabi adds Kuwait to its network (WAM 15/09/2022)

• Abu Dhabi event to explore new business tourism opportunities (WAM 15/09/2022)

• Dubai international visitors almost triple in first 7 months of 2022 to surpass 2021 total (The National 15/09/2022)

• UN ranks UAE first in Mena in sustainable development report (The National 15/09/2022)

• UAE ranks in top 10 countries for expatriates, survey finds (The National 15/09/2022)

• FTA rolls out complete digital VAT-refund scheme for tourists (WAM 14/09/2022)

• Arab Health anticipates 3,000 companies from 70 countries for its next edition in January (WAM 14/09/2022)

• MoIAT launches digital platform for ICV Programme certification (WAM 14/09/2022)

• Miral announces opening of SeaWorld Abu Dhabi in 2023 (WAM 14/09/2022)

• Abu Dhabi Business Events Week to take place on September 26 (WAM 14/09/2022)

• ADNOC Refining to complete first phase of 'Waste Heat Recovery' project (WAM 14/09/2022)

• RTA scoops gold Stevie International Business Award (WAM 14/09/2022)

• Dubai's Jafza facilitated $12.4b of vehicle and transport commodities trade in 2021 (The National 14/09/2022)

• 'No better time than now' for GCC to foster non-oil growth (The National 14/09/2022)

• Dubai records 18% increase in multimillionaire residents in 2022 (The National 14/09/2022)

• Abu Dhabi’s new Russian school welcomes its first pupils (The National 14/09/2022)

• More dementia care urged for Middle East as cases forecast to soar (The National 14/09/2022)

• Emirates expands flight schedule to Algeria (WAM 13/09/2022)

• flydubai adds Namangan in Uzbekistan to its growing network in Central Asia (WAM 13/09/2022)

• UAE to host ISO Annual Meeting, including representatives of national standardisation bodies, experts technicians (WAM 13/09/2022)

• ADGM strengthens registration authority’s existing legislative insolvency practitioner framework (WAM 13/09/2022)

• Telecommunications and Digital Government Regulatory Authority attains membership in EFQM (WAM 13/09/2022)

• Ministry of Economy publishes new policy for responsible sourcing of gold on its website in Arabic and English (WAM 13/09/2022)

• 'Salik' announces offer price at AED2 per share, implying market capitalisation of AED15b (WAM 13/09/2022)

• 'Salik' announces offer price at AED2.0 per share, implying market capitalisation of AED15b

• Advancement of gender balance is a long-standing priority for UAE: Hessa Buhumaid (WAM 13/09/2022)

• UAE committee meets to discuss general budget draft for fiscal 2023 (The National 13/09/2022)

• Digital bank Wio starts operations with focus on SMEs (The National 13/09/2022)

• Dubai sets up R&D programme to tap into new economic opportunities (The National 13/09/2022)

• Abu Dhabi hotel occupancy rates rise to 65.2% in August (The National 13/09/2022)

• Digital bank Wio starts operations with focus on SMEs (The National 13/09/2022)

• UAE ranks eighth globally in readiness for electric mobility (The National 13/09/2022)

• UAE to lead 'ambitious, inclusive and solutions-oriented approach' to Cop28 (The National 13/09/2022)

• Emirates NBD launches API developer portal (WAM 12/09/2022)

• UAE's 5-year tranche Treasury Bonds achieves exceptional bidding results (WAM 12/09/2022)

• New PPP law will help UAE achieve sustainable, competitive-economy based on knowledge: CEO of Etihad (WAM 12/09/2022)

• ADIPEC 2022 announces 2022 conference agenda (WAM 12/09/2022)

• ADGM’s financial regulator publishes guiding principles on its approach to virtual asset regulation and supervision (WAM 12/09/2022)

• Dubai Municipality completes 85% of world’s largest waste-to-energy project (WAM 12/09/2022)

• UAE raises economy-wide greenhouse gas emission reduction target in updated second NDC (WAM 12/09/2022)

• Dubai Chamber of Commerce members' exports rise 20% in first eight months of 2022 (The National 12/09/2022)

• UAE economy set to grow at the fastest pace since 2011 after beating estimates (The National 12/09/2022)

• UAE sets more ambitious targets to cut greenhouse gas emissions (The National 12/09/2022)

UAE Tenders

• EWEC invites EOI submissions for development of Abu Dhabi Islands RO IWP project (WAM 19/09/2022)

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Written by Jenny Hunt

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

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