UAE Weekly Business News 24/10/22
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 109. 24th October 2022.
Abu Dhabi and Dubai trade license, employment and visa-related news headlines
'Can I take legal action against a former employer for not paying my salary?' (The National 23/10/2022)
UAE private-sector firms urged to hit 2% Emiratisation target by end of year (The National 20/10/2022)
UAE golden visas: Top students are now sponsoring their parents (The National 19/10/2022)
GCC job creation surges in third quarter of 2022 (The National 17/10/2022)
AD Ports to hire 7,500 Emiratis in next five years (The National 17/10/2022)
UAE bilateral trade news headlines
S. Korea, Arab nations to hold new round of FTA talks next week (WAM 23/10/2022)
Sheikh Abdullah bin Zayed and King Hamad hail UAE-Bahrain ties in Manama meeting (The National 23/10/2022)
UAE, Germany cement strategic energy and industry partnership (WAM 21/10/2022)
UAE, Jordan sign MoUs to cooperate in 7 social development areas (WAM 21/10/2022)
Dubai Police receives Minister of Home Affairs of Zimbabwe (WAM 21/10/2022)
Abdullah bin Zayed, Chilean counterpart discuss bilateral relations (WAM 21/10/2022)
Germany receives first container of UAE hydrogen-based ammonia fuel (The National 21/10/2022)
Ambassador of Belarus says UAE is largest investor in country (WAM 20/10/2022)
Mohammed bin Rashid receives Prime Minister of North Macedonia (WAM 20/10/2022)
Mansour bin Zayed meets Prime Minister of Kazakhstan (WAM 19/10/2022)
UAE- Saudi Business Council holds its first meeting (WAM 18/10/2022)
Gargash meets Russian Deputy FM (WAM 18/10/2022)
UAE and Egypt… 50 years of brotherly bonds and strong relations (WAM 18/10/2022)
UAE President holds phone call with President of Ukraine (WAM 17/10/2022)
Visa-free travel between UAE, Japan starting 1st November (WAM 17/10/2022)
Indian Institute of Technology team to visit Abu Dhabi this month (WAM 17/10/2022)
Abu Dhabi's Injazat signs initial pact with Singapore's trade tech body (The National 17/10/2022)
Abu Dhabi and Dubai business and economy-related news headlines
Empower IPO: Dubai district cooling company to sell 10% and list on DFM (The National 24/10/2022)
Abu Dhabi and Dubai lead Mena region in global engagement and outlook survey (The National 24/10/2022)
Middle East and Africa only region globally to show hotel pipeline increase in Q3 (The National 23/10/2022)
Dubai's main road network to be covered by congestion-busting smart traffic system (The National 23/10/2022)
Abu Dhabi prosecutors investigate British man suspected of money laundering (The National 22/10/2022)
Dubai records AED8b in weekly real estate transactions (WAM 21/10/2022)
G42-owned Bayanat set to raise $171m in Abu Dhabi bourse IPO (The National 21/10/2022)
Rate increases and macroeconomic tailwinds set to boost profitability of UAE banks (The National 21/10/2022)
One-cheque rents on the rise as many Dubai tenants stay put (The National 21/10/2022)
ADIB named safest Islamic financial institution in 2022 (WAM 20/10/2022)
Dubai to host World Hospital Congress 2022 in November (WAM 20/10/2022)
SEHA, ADU join to promote medical education and knowledge transfer (WAM 20/10/2022)
How cloud technology is helping Middle East companies win their Covid battles (The National 20/10/2022)
UAE property: ‘Can I claim compensation for a delayed handover?’ (The National 20/10/2022)
Dubai property prices: where they rose and fell — September 2022 (The National 20/10/2022)
Local Press: Aviation is boosting UAE's economy on deepest levels (WAM 19/10/2022)
Dubai to host World of Coffee Exhibition (WAM 19/10/2022)
Abu Dhabi to host World Volunteer Conference (WAM 19/10/2022)
UAE payments industry revenue set to reach $18.7bn by 2031, BCG says (The National 19/10/2022)
HSBC expands private banking in UAE to cater to growing millionaire base (The National 19/10/2022)
Illegal taxis in Dubai seized as authorities crack down (The National 19/10/2022)
Etihad Aviation Group transferred into ADQ’s portfolio (WAM 18/10/2022)
Ministry of Finance announces amendments to Excise Tax Law (WAM 18/10/2022)
Abu Dhabi wins bid to host IDA World Congress 2024 (WAM 18/10/2022)
EDB approves AED4.4b in loans during first nine months of 2022 (WAM 18/10/2022)
EGA spent AED17b on procurement of products and services in 2021 (WAM 18/10/2022)
Opec+ decision to cut output 'technical' and 'right' measure, UAE energy minister says (The National 18/10/2022)
Half of UAE residents say remittances are a lifeline for dependants (The National 18/10/2022)
Adia to set up centre for data and computational science research (The National 18/10/2022)
Where to rent in Abu Dhabi if you are a new arrival (The National 18/10/2022)
UAE Cyber Security Council joins Gartner Research Board (WAM 17/10/2022)
UAE tops MENA region in Global Food Security Index 2022 (WAM 17/10/2022)
What is the DFSA’s approach to the regulation of cryptocurrencies? (The National 17/10/2022)
Cherie Blair to announce UAE business initiative to empower female entrepreneurs (The National 17/10/2022)
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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, Abu Dhabi & Dubai, United Arab Emirates
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