Jenny Hunt
UAE Weekly Business News 21/08/23
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UAE Weekly Business News, Issue 150. 21st August 2023.
UAE free zones news
UAE freezone sees boom in Chinese interest amid $200b trade target (Arabian Business 16/08/2023)
DIFC subsidizes commercial licences 90% to help AI and Web3 companies set up (The National 14/08/2023)
UAE employment, visa and Emiratisation news
Dubai rated top city in the world and Abu Dhabi fourth for remote workers (The National 17/08/2023)
Can an entry permit be valid for re-entry to UAE after 6mths outside the country? (The National 17/08/2023)
Dubai announces new entry permit system (Arabian Business 17/08/2023)
Dubai announces 10-year jail time for forging visa, residence permit (Arabian Business 17/08/2023)
What is the UAE’s Golden Pension scheme? (The National 16/08/2023)
National Bond's 'Second Salary’ plan ties up with Ports, Customs and Freezone Corporation (Arabian Business 16/08/2023)
UAE business, trade, economy and investment news
UAE to expand geothermal energy ambitions (The National 21/08/2023)
Dubai scores advanced position in TomTom Traffic Index (Government of Dubai Media Office 20/08/2023)
Entry of Russian investsors led to 47% rise in Dubai property costs (Khaleej Times 20/08/2023)
Dubai property prices stabilising after 2 years of increase (Khaleej Times 20/08/2023)
UAE household wealth stood at $1.2t in 2022 (Khaleej Times 20/08/2023)
Abu Dhabi Civil Defence Authority undertakes field survey in Al Ain (Abu Dhabi Media Office19/08/2023)
Dubai records AED10.4b in weekly real estate transactions (WAM 18/08/2023)
Brand Dubai launches new #DubaiDestinations guide (WAM 18/08/2023)
Al Quoz Creative Zone – A home for creativity and success (WAM 17/08/2023)
Emirates and Philippine Airlines enhance interline partnership (WAM 17/08/2023)
EWEC to conduct its Q3 2023 Clean Energy Certificates Auction (WAM 17/08/2023)
Emirates and Air Canada expand codeshare deal to Montreal flights (The National 17/08/2023)
'Fuel of the future': Gulf states, including UAE, bet on 'green' hydrogen (Khaleej Times 17/08/2023)
Emirates announces expanded service to Philippine provinces (Khaleej Times 17/08/2023)
UAE eyes plans for winter sports tournament (Arabian Business 17/08/2023)
MRO Middle East and AIME will return for record edition in 2024 (WAM 16/08/2023)
DWTC's hospitality division sees 32% growth in H1'23 (WAM 16/08/2023)
Emirates Group expands collaboration with PwC's Academy (WAM 16/08/2023)
'Supercharged' villa prices drive Dubai property growth (The National 16/08/2023)
Abu Dhabi university harnesses AI to detect infant heart disease (The National 16/08/2023)
Sustained demand drives Dubai home prices up by 17% in 12 months (Khaleej Times 16/08/2023)
IndiGo launches flights from Ahmedabad to Abu Dhabi (Arabian Business 16/08/2023)
Inaugural Abu Dhabi Global Healthcare Week to take place in May 2024 (WAM 15/08/2023)
Emirates Airline adds more London Heathrow flights to meet demand (Arabian Business 15/08/2023)
UAE public holiday: 3-day weekend expected dates revealed (Arabian Business 15/08/2023)
Abu Dhabi manufacturing investment hits $105bn (Arabian Business 15/08/2023)
UAE to use AI to boost bin collections (Arabian Business 14/08/2023)
UAE Financial News
Majid Al Futtaim first-half earnings soar 74% (The National 21/08/2023)
Dubai offers training after bounced cheques decriminalised (Arabian Business 20/08/2023)
How Indians in the UAE can save on taxes when selling property back home (The National 18/08/2023)
Dubai fines digital asset exchange Opnx and Three Arrows founders (The National 17/08/2023)
How to close a bank account before leaving the UAE (The National 17/08/2023)
Dubai and Saudi Arabia inflation slowed in July (The National 16/08/2023)
Yalla Group records AED561m in first half revenues (The National 17/08/2023)
AD Ports Group delivers 66% revenue growth in Q2 '23 (The National 17/08/2023)
Shuaa's top shareholder Jassim Alseddiqi to cut stake and step down as MD (The National 14/08/2023)
UAE bilateral trade news
Emirati investments in Ethiopia totalled $2.9b at end of 2022 (WAM 18/08/2023)
UAE President, Prime Minister of Ethiopia discuss cooperation (WAM 18/08/2023)
UAE and Ethiopia: Journeying towards shared developmental goals (WAM 18/08/2023)
India has started buying UAE oil with rupees - here's what it means (The National 17/08/2023)
ADNEC Group opens new Capital Holiday office in Munich (WAM 16/08/2023)
UAE President receives credentials from foreign ambassadors (WAM 16/08/2023)
Abdullah bin Zayed, Azeri FM discuss bilateral relations over phone (WAM 15/08/2023)
Leading up to COP28 in the UAE (30th November - 12th December 2023)
New climate finance framework needs to unlock more private capital, Dr Al Jaber says (The National 16/08/2023)
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Written by Jenny Hunt
Founder, Gateway Group, Abu Dhabi & Dubai, United Arab Emirates
FORBES' Top 100 Most Influential Women in the Middle East
25 Best Abu Dhabi Blogs And Websites (Ranked 5th, 26th August 2023, Feedspot)