UAE Weekly Business News 23/05/22
Welcome to Gateway's 87th 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.
Click the headlines below to go directly to the articles. The source is in purple.
UAE trade licence and visa-related headlines
32,564 instant licences issued by DET since launch of the initiative in August 2017 (WAM 18/05/2022)
‘Can I demand compensation for arbitrary dismissal?’ (The National 22/05/2022)
(The National 21/05/2022)
Benefits for Emiratis in private sector jobs: all you need to know (The National 20/05/2022)
UAE bilateral trade headlines
Dubai Customs discusses more cooperation with Uzbek delegation (WAM 22/05/2022)
Australian businesses grow sixfold, community fourfold in UAE since 2004 (WAM 20/05/2022)
Australian Governor-General says Sheikh Mohamed would make UAE global technology leader (WAM 20/05/2022)
Minister of Economy, Indian officials discuss economic cooperation under CEPA (WAM 19/05/2022)
UAE, Turkey export credit agencies sign MoU to bolster trade and business (WAM 19/05/2022)
ADX, Bahrain Bourse discuss high-level strategic partnership in Abu Dhabi (WAM 19/05/2022)
UAE trade mission visits Finland, Estonia, Latvia, and Lithuania (WAM 19/05/2022)
Oil-rich Azerbaijan wants to be net exporter of renewables with UAE’s support (WAM 19/05/2022)
UAE-German non-oil trade rises 10.5% to $9.5b in 2021 (WAM 19/05/2022)
CII India UAE Economic Partnership Summit takes place in Mumbai (WAM 18/05/2022)
MoIAT hosts virtual tour for Singaporean business and science communities (WAM 18/05/2022)
UAE, Turkmenistan discuss bilateral cooperation (WAM 18/05/2022)
‘Mohamed bin Zayed a beacon of hope,’ Maldives President says (WAM 17/05/2022)
UAE economy-related headlines
Borouge to raise $2b from Abu Dhabi IPO (The National 23/05/2022)
Dubai to build new cycling paths in Barsha 1 and 2 (The National 22/05/2022)
UAE fully prepared to deal with monkeypox, Ministry of Health says (The National 22/05/2022)
UAE among world's top tea exporting countries (WAM 21/05/2022)
UAE enhances its stature as capital of business tourism under Sheikh Mohamed bin Zayed' leadership (WAM 20/05/2022)
AED7.2b in weeklong real estate transactions in Dubai (WAM 20/05/2022)
UAE participates in 7th annual meeting of Board of Governors of New Development Bank (WAM 20/05/2022)
UAE's concern over environment continues to intensify: Nahyan bin Mubarak (WAM 20/05/2022)
Environment Agency – Abu Dhabi celebrates continued success of world’s largest mammal reintroduction programme (WAM 20/05/2022)
Middle East assets under management set to grow further after 52% gain (The National 20/05/2022)
Supermodel Tyra Banks explores Abu Dhabi business opportunities (The National 20/05/2022)
Aggregate Q1 profit of UAE's 10 largest banks climbs 24% amid economic recovery (The National 20/05/2022)
UAE plans world-class national library (The National 20/05/2022)
AI to be UAE's top sector over next decade, survey finds (The National 20/05/2022)
Dubai green tariff to apply to all single-use bags including paper and biodegradable (The National 20/05/2022)
Dubai hotel opens eco-friendly vertical farm on site (The National 20/05/2022)
Dubai Customs launches 'Training Doses' initiative to raise inspection efficiency (WAM 19/05/2022)
Dubai sees increased trade through commercial wooden dhows in Q1 2022 (WAM 19/05/2022)
Etihad Rail signs three MoUs with European railway operators to exchange knowledge, expertise (WAM 19/05/2022)
Hamdan bin Mohammed, Maktoum bin Mohammed issue directives to set up task force to track digital economy (WAM 19/05/2022)
EGA’s Al Taweelah site recertified to Aluminium Stewardship Initiative responsibility standards (WAM 19/05/2022)
UAE tourism sector performance in Q1 2022 exceeds pre-pandemic growth rates (WAM 19/05/2022)
Dnata to convert its vehicles and equipment to electric in sustainability push (The National 19/05/2022)
Adnoc makes new oil discoveries at Bu Hasa, Onshore Block 3 and Al Dhafra (The National 19/05/2022)
Engineering and tech employers in UAE struggling to find right job candidates (The National 19/05/2022)
UAE home cancer test aims to boost early detection and save lives (The National 19/05/2022)
MoFAIC launches new system to streamline attestation services across business and trade sectors (WAM 18/05/2022)
Economic partnerships earning UAE increased global confidence under Mohamed bin Zayed (WAM 18/05/2022)
ECI named Best Export Credit Agency at 2022 GTR Leaders in Trade Awards (WAM 18/05/2022)
Airports need to invest more in innovative technology, say experts at Dubai's 2022 Airport Show (WAM 18/05/2022)
ADDED, SAP sign MoU to accelerate digital transformation in Abu Dhabi (WAM 18/05/2022)
ADX facilitates access to growing market opportunities for investors registered in other UAE capital markets (WAM 18/05/2022)
UAE registers 19,000 radiocommunication stations at International Telecommunication (WAM 18/05/2022)
Dubai reinforces its status among world’s most open cities in post-pandemic world (WAM 18/05/2022)
Dubai’s Museum of the Future, Binance NFT launch their first-ever NFT collection (WAM 18/05/2022)
ADNOC launches listing process of Borouge on Abu Dhabi Securities Exchange (WAM 18/05/2022)
Etihad Rail: UAE train could change 'where we live, work and study' (The National 18/05/2022)
Dubai Airport on right track, retains position as world’s busiest international airport (WAM 17/05/2022)
Mubadala: A partner in making UAE a force for progress and prosperity (WAM 17/05/2022)
Etihad Rail is committed to foster vision of country's leadership (WAM 17/05/2022)
UAE’s economy advances to achieve sustainable growth (WAM 17/05/2022)
Dubai's proactive initiatives to deal with pandemic enable rapid recovery of travel and tourism sector (WAM 17/05/2022)
Sheikh Mohamed bin Zayed: key moments in his own words (The National 17/05/2022)
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The Gateway Group Of Companies helps organizations to mitigate the risks of getting licensed to do business in the UAE. We were established back in 2014 to provide no-nonsense, transparent and well communicated services, as a result of witnessing the troubles companies encountered when doing their company formation in Abu Dhabi and Dubai.
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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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