UAE Weekly Business News 25/07/22

Gateway Group's UAE Weekly Business News. Abu Dhabi and Dubai trade, investment and economy headlines.

Welcome to Gateway Group's weekly collection of business highlights from Abu Dhabi and Dubai. It's the ideal way of staying informed about crucial UAE business news, conveniently in one place.

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UAE Weekly Business News, Issue 96. 25th July 2022.

UAE trade license, employment and visa-related news headlines

• Can UAE visa still be valid after six months outside the country? (The National 25/07/2022)

• ‘Can my employer deny me paid sick leave?’ (The National 24/07/2022)

• UAE prosecutors send warning against selling tobacco products to minors (The National 24/07/2022)

• Talabat to raise pay for delivery riders in UAE (The National 24/07/2022)

• Blue-collar workers in Dubai given training to understand their legal rights (The National 23/07/2022)

• How UAE teens are gaining vital job and money skills through part-time work (The National 21/07/2022)

• Dubai records 25% growth in new business licences in H1 2022 (WAM 19/07/2022)

• Dubai grants provisional virtual asset licence to Singapore's Fintonia Group (The National 19/07/2022)

• Dubai issues new law to support growth of real estate investment funds (The National 19/07/2022)

• How Dubai golden visa holders can benefit from Esaad card discount scheme (The National 19/07/2022)

• Ministry honours 16 companies that embraced Emirati recruitment drive (The National 18/07/2022)

UAE bilateral trade news headlines

• Noura Al Kaabi hails French ties: 'I would like them to know how different the UAE is' (The National 23/07/2022)

• Nahyan bin Mubarak receives Italian Ambassador, praises UAE-Italy relations (WAM 22/07/2022)

• Noura Al Kaabi visits the office of UAE’s Permanent Delegation to UNESCO in Paris (WAM 21/07/2022)

• UAE-France relationship 'has gone to another level', says ambassador (The National 21/07/2022)

• UAE, Korea discuss cooperation in food security, health, technology (WAM 20/07/2022)

• UAE Ambassador meets Peruvian Minister of Economy and Finance (WAM 20/07/2022)

• Mohamed bin Zayed and Emmanuel Macron witness the launch of the UAE-France Business Council (WAM 19/07/2022)

• Mohamed bin Zayed and Emmanuel Macron witness signing of Comprehensive Strategic Energy partnership between UAE and France (WAM 19/07/2022)

• UAE Minister of Culture and Youth, French counterpart discuss future of cultural relations (WAM 19/07/2022)

• UAE President’s visit to France will uncover new prospects for economic, trade cooperation: Thani Al Zeyoudi (WAM 19/07/2022)

• Mariam Almheiri meets French Energy Transition Minister in Paris (WAM 19/07/2022)

• UAE-France joint statement on occasion of UAE President's state visit to France (WAM 19/07/2022)

• UAE President meets with Prime Minister of French Republic (WAM 19/07/2022)

• UAE, France sign several agreements, MoUs (WAM 19/07/2022)

• Value of Emirati-French trade totalled AED256.1b over 10 years (WAM 18/07/2022)

• UAE, France sign MoU to maximise social and economic benefits of climate action (WAM 18/07/2022)

• UAE President meets President of Senate of French Republic (WAM 18/07/2022)

• UAE President meets with French Republic President (WAM 18/07/2022)

• UAE and France strengthen strategic partnership through cultural cooperation (WAM 18/07/2022)

• Official French Republic reception ceremony held for UAE President (WAM 18/07/2022)

UAE business and economy-related headlines

• Sotrovimab: Major UAE study shows benefits of Covid-19 drug(The National 25/07/2022)

• Generation Start-up: how FinFlx aims to help protect UAE gratuity payments (The National 25/07/2022)

• UAE President appoints Directors-General of Federal Authority for Identity, Citizenship, Customs and Port Security (WAM 24/07/2022)

• Brand Dubai launches fifth Dubai Destinations guide (WAM 23/07/2022)

• UFC 280 fighters excited at prospect of wowing crowds in Abu Dhabi (WAM 23/07/2022)

• AED10.9b in weeklong real estate transactions in Dubai (WAM 22/07/2022)

• Mohammed bin Rashid issues Decree amending regulations governing grant of title to allotted industrial and commercial land in Dubai (WAM 22/07/2022)

• Reduction of single-use plastic bags made positive and significant impact (WAM 22/07/2022)

• Abu Dhabi records over AED22.5b total of real estate transactions in H1 2022 (WAM 22/07/2022)

• DEWA's R&D Centre develops national capabilities through 'Al Baheth' programme (WAM 22/07/2022)

• 2.6% Y-o-Y increase in total assets of insurance sector, 5.4% Y-o-Y increase in invested assets in Q1 2022: CBUAE (WAM 21/07/2022)

• Ministry of Economy reviews due diligence guidelines to ensure responsible gold supply chain (WAM 21/07/2022)

• President’s speech drafts roadmap for UAE's economic development, enhances competitiveness (WAM 21/07/2022)

• Dubai Health Authority, Visa sign MoU (WAM 21/07/2022)

• Ministry of Climate Change and Environment announces launch of 'Shark Week' 2022 (WAM 21/07/2022)

• How will the sinking euro affect Arab economies? (The National 21/07/2022)

• UAE economy set for strongest expansion in 11 years (The National 21/07/2022)

• How investors will benefit from Dubai’s new law on real estate funds (The National 21/07/2022)

• Mohammed bin Rashid issues Decree regulating grant of ‘Musataha’ rights on commercial lands in Dubai (WAM 20/07/2022)

• Strata Manufacturing signs new contract with Mohammed Bin Rashid Space Centre to produce more parts (WAM 20/07/2022)

• Dubai Chamber of Commerce members' exports, re-exports exceed AED129b in H1 (WAM 20/07/2022)

• Etihad Airways joins UAE’s In-Country Value Programme to boost aviation’s contribution to industrial sector (WAM 20/07/2022)

• Abu Dhabi Art Fair announces largest fair to date featuring prominent guest curators (WAM 20/07/2022)

• Yas Theme Parks, CLYMB Abu Dhabi, Qasr Al Watan named as top choices for travelers in 2022 by Tripadvisor (WAM 20/07/2022)

• Masdar empowers young women in sustainability, environment, renewable energy (WAM 20/07/2022)

• AED40b capital expenditure for electricity, water projects in Dubai in next 5 years (WAM 20/07/2022)

• Doctors at Tawam Hospital successfully conduct hysterectomy using revolutionary technique (WAM 20/07/2022)

• Strata to produce more parts on UAE's Earth-imaging satellite (The National 20/07/2022)

• UAE minister says climate goals need to be pragmatic and sustainable (The National 20/07/2022)

• UAE confirms $980m deal with US for C-17 cargo plane upgrades (The National 20/07/2022)

• UAE to host ITU's World Radiocommunication Conference next year (The National 20/07/2022)

• Dubai's first football-themed hotel to open for Fifa World Cup (The National 20/07/2022)

• Mohammed bin Rashid issues Decree introducing incentives for property investment funds in Dubai (WAM 19/07/2022)

• First edition of Abu Dhabi International Food Exhibition to kick off in December 2022 (WAM 19/07/2022)

• ADNOC, TotalEnergies sign strategic partnership agreement (WAM 19/07/2022)

• Hamdan bin Mohammed announces launch of Dubai Metaverse Assembly in September (WAM 19/07/2022)

• Dubai’s energy demand up 6.3% in the first half of 2022 on economic recovery (The National 19/07/2022)

• UAE investment group Astra Tech to raise $500m to develop an 'ultra' digital platform (The National 19/07/2022)

• MENA Power Projects Forum 2022 to focus on US$250 billion worth of upcoming power projects in MENA (WAM 18/07/2022)

• EGA awarded 'Green Industries' label for environmental performance (WAM 18/07/2022)

• 59% increase in number of French tourists visiting UAE in 2021 (WAM 18/07/2022)

• Dubai Chamber of Commerce sees record membership growth in H1 2022 (WAM 18/07/2022)

• DFM welcomes listing of Union Coop, largest retail cooperative in UAE (WAM 18/07/2022)

• Abu Dhabi holiday home operators reminded to obtain licence before 1st August (WAM 18/07/2022)

• DEWA commissions one 400/132 kV, ten 132/11 kV substations in H1 of 2022 (WAM 18/07/2022)

• Dubai’s new metaverse strategy to add $4bn to economy and create more than 40,000 jobs (The National 18/07/2022)

• Higher energy prices will lift Gulf economies' growth in 2022-2023, KPMG says (The National 18/07/2022)

• Hotel occupancy in Dubai and Abu Dhabi above 70% as tourism rebounds (The National 18/07/2022)

• Emirates airline opens world's biggest vertical farm in Dubai (The National 18/07/2022)

• Why Emirates stood up to Heathrow's 'unacceptable' demands (The National 18/07/2022)

• UAE investors will soon be able to trade cryptocurrencies in dirhams (The National 18/07/2022)

• Dubai hotels expecting near full occupancy during Qatar World Cup 2022 (The National 18/07/2022)

Tenders and Business Opportunities

• EWEC, Tadweer launch Request for Proposals for developing Waste-to-Energy Power Plant Project (WAM 20/07/2022)

• Hub71 launches new Outliers programme to boost Abu Dhabi start-ups (The National 19/07/2022)

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Written by Jenny Hunt

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

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