UAE Weekly Business News 27/06/21
Welcome to Gateway's 42nd 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.
Links to articles are in purple. In some instances where the publisher and date is mentioned without a link, it means it was seen in the paper version of the title and no online link was found.
UAE trade licence-related headlines
Abu Dhabi eases Covid-19 rules for nurseries (The National 21/06/2021)
Dubai employers should provide safety gear for workers who commute by bike (The National 21/06/2021)
DFSA imposes restrictions on FFA Private Bank (Dubai) Limited (Khaleej Times 23/06/2021)
Bilateral trade-related headlines
UAE, UK conclude initial programme to identify, tackle money laundering and terrorist financing (WAM 21/06/2021)
UAE, Korea hold first round of joint consular committee meetings (WAM 23/06/2021)
Abdullah bin Zayed, US permanent envoy to UN discuss strategic ties (WAM 24/06/2021)
UAE joins Central American Integration System (WAM 25/06/2021)
UAE economy-related headlines
DEWA increases desalinated water production to 490 million gallons per day (WAM 20/06/2021)
AD Department of Energy launches 'Wastewater Monitoring Lab' (WAM 20/06/2021)
Abu Dhabi sets up fast-track court to handle minor financial disputes (The National 20/06/2021)
Abu Dhabi's non-oil foreign trade reached AED201.2bn in 2020 (WAM 21/06/2021)
Sustainability experts discuss objectives of UAE Circular Economy Policy (WAM 21/06/2021)
UAE was the world's 15th-biggest recipient of foreign investment last year (The National 21/06/2021)
Deadline for providing 'Beneficial Owner' data extended to 30 June (WAM 22/06/2021)
Ministry of Economy takes 'additional' measures to ensure establishments’ compliance with ultimate beneficial owner procedures (WAM 22/06/2021)
UAE leads on global climate action through green economy plans (WAM 22/06/2021)
Moody’s and Fitch assign very strong investment grade credit ratings of Aa2 and AA to ADQ (WAM 22/06/2021)
Economic data point to a post-pandemic rebound of UAE economy (WAM 22/06/2021)
ADNEC launches 'Tourism 365' to enhance Abu Dhabi's global positioning as touristic destination (WAM 22/06/2021)
UAE salaries: What are the best entry-level jobs and how much do they pay? (The National 22/06/2021)
All you need to know about Abu Dhabi’s fast-track court (The National 22/06/2021)
UAE establishes new regulatory body to govern the media (The National 22/06/2021)
Abu Dhabi to allow cruise ships back from September (The National 22/06/2021)
Eid Al Adha 2021: when will the holiday begin in the UAE? (The National 22/06/2021)
Value of UAE retail e-commerce market hits record US$3.9bn in 2020 (WAM 23/06/2021)
Yas Creative Hub and Abu Dhabi's push into the entertainment industry: Business Extra (The National 23/06/2021)
UAE ranks 14th globally for highest concentration of green buildings (The National 23/06/2021)
Dubai's weeklong real estate transactions valued at AED7.7bn (WAM 24/06/2021)
UAE offers foreign investors many incentives, facilities (WAM 24/06/2021)
Etihad Credit Insurance to provide Dh3.3bn in credit guarantees to UAE companies by year-end (The National 24/06/2021)
Five UAE institutions on 'Times Higher Education' young university global rankings (The National 24/06/2021)
Climate action 'at centre of the UAE's economic growth' (The National 24/06/2021)
UAE pension scheme among best globally (Khaleej Times 24/06/2021)
Maritime sector playing effective role in securing food, medical supplies during COVID-19 (WAM 25/06/2021)
Villa owners reportedly trying to lock in higher rents before three-year rent freeze law comes into effect (The National 25/06/2021)
FTA urges registrants to take advantage of penalty redetermination (Khaleej Times 26/06/2021)
UAE consumers see Covid-19 affecting retail spending well into 2022 (The National 27/06/2021)
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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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