UAE Weekly Business News 19/09/22

Welcome to Gateway Group's weekly roundup of business headlines for Abu Dhabi and Dubai. It's an ideal way of quickly and conveniently keeping clued up on essential business news in the UAE.

Simply scan through the headlines, choose those which are relevant to you and click the headlines to go directly to the articles. The source is in purple for reference only.

We publish the UAE Weekly Business News every week on a Monday. Subscribe to our blog to get it emailed to you each week.

UAE Weekly Business News, Issue 104. 19th September 2022.

UAE Weekly Business News headlines. Choose Gateway Group for the best company registration, free zone business setup, offshore incorporation and visa services in Abu Dhabi and Dubai, United Arab Emirates.

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)

Abu Dhabi and Dubai 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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Gateway Group Of Companies

With offices in Abu Dhabi and Dubai, Gateway Group helps international companies get registered to do business in the United Arab Emirates (UAE). We are the authority on business licenses and visas for expats in Abu Dhabi and Dubai.

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. We do what's in the best interests of our clients rather than what's best for our bottom line. After all, we are just like our clients - we've invested our own money into our business licenses, so we fully appreciate what a big investment a commercial license is. We believe this uniquely positions us to provide our services with understanding and empathy.

From our own first-hand experience and knowledge, generated from living and working in the UAE, as well as setting up companies and building relationships here, we are able to offer unique insight and guidance to help our clients successfully step into the market and do business in the UAE.

We value long-term relationships and our incredible client retention is one of our strongest assets, which is extremely rare in our industry.

Founding Partner, Jenny Hunt, has been setting up businesses in Abu Dhabi and Dubai for over 10 years and is ranked in FORBES' Top 100 Most Influential Women In The Middle East!

Contact us for your international expansion into the UAE. Get the best business setup experience in Dubai and Abu Dhabi, as well as employment and residency visas for your expat staff and their families.

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Written by Jenny Hunt

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

FORBES' Top 100 Most Influential Women in the Middle East

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