UAE Weekly Business News 28/02/21

Gateway Group's UAE Weekly News Roundup. Abu Dhabi and Dubai trade 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.

Simply scan through the headlines and choose the ones relevant to you. To read the full article, click the headline. The source is in purple for reference.

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UAE Weekly Business News, Issue 25. 28th February 2021.

Trade license-related headlines

• 60,600 businesses operating in UAE free zones (WAM 23/02/2021)

UAE bilateral trade relationship headlines

• Tawazun, Saudi Arabia’s GAMI ink MoU for cooperation on defense industries (WAM 22/02/2021)

• Japan-UAE cooperation can establish hydrogen, ammonia global supply chain (WAM 22/02/2021)

• Pakistan wants to ‘enhance level, scope of military engagements’ with UAE (WAM 23/02/2021)

• Japan-UAE long-time economic ties remain robust with US$22.4bn trade in 2020 (WAM 23/02/2021)

• Reem Al Hashemy heads UAE delegation at GCC-UK Ministerial Meeting (WAM 23/02/2021)

• UAE Central Bank joins Hong Kong government's digital currency project (The National 23/02/2021)

• UAE-Israel ambassadors meet in Abu Dhabi (Khaleej Times 23/02/2021)

• Dubai’s trade with Kuwait touches AED8.52bn in H1- 2020 (WAM 24/02/2021)

• AED51.3 billion of non-oil trade in Abu Dhabi and Kuwait over 5 years (WAM 24/02/2021)

• UAE Ambassador, Andorra's Foreign Minister discuss strengthening cooperation (WAM 24/02/2021)

• Spain wants to increase current €3bn FDI in UAE (WAM 25/02/2021)

• Abdullah bin Zayed meets with Indian counterpart (Gulf News 26/02/2021)

• Brazil to add flavour to UAE food security (Khaleej Times 26/02/2021)

• UAE, Ukraine gearing up for new trade, investment partnerships (WAM 27/02/2021)

UAE economy-related news headlines

• Abu Dhabi Maritime, ADNOC seal waterways safety agreement (WAM 21/02/2021)

• Dubai committed to helping private sector spur growth (Khaleej Times 22/02/2021)

• Dubai extends 'smart' valuation to villas, buildings (Gulf News 22/02/2021)

• UAE's F&B businesses needs more than a menu change (Gulf News 22/02/2021)

• International F&B companies see great potential in UAE as regional hub (Khaleej Times 22/02/2021)

• IHC opens new facility to process quarter of UAE’s seafood, supporting country’s food security aims (WAM 23/02/2021)

• UAE Armed Forces sign AED 17.913 billion worth of deals in three days at IDEX and NAVDEX (WAM 23/02/2021)

• Mohamed bin Zayed University for Humanities becomes accredited IELTS exam centre (WAM 23/02/2021)

• Seven field hospitals to combat COVID-19 in the UAE (Gulf News 23/02/2021)

• UAE's off plan homes could cost more as steel surges (Gulf News 23/02/2021)

• Surge in Mideast M&A activity bucks global trends in 2020 (Khaleej Times 23/02/2021)

• Dubai Exports well positioned to aid regional and international companies (Khaleej Times 23/02/2021)

• Dubai malls, attractions adopt more Covid safety rules (Khaleej Times 23/02/2021)

• UAE tops MENA region rankings in World Bank’s ‘Women, Business and the Law’ 2021 report (WAM 24/02/2021)

• UAE establishes executive office to combat money laundering, terrorist financing (WAM 24/02/2021)

• Tawazun to manage procurements, contracts of UAE Armed Forces, Abu Dhabi Police (WAM 24/02/2021)

• MoCCAE enforces seasonal ban on shark fishing, trade from 1st March (WAM 24/02/2021)

• Du announces foreign ownership limit increase to 49% (WAM 24/02/2021)

• Why gender equality reforms in the Arab world can benefit everyone (The National 24/02/2021)

• UAE property high on M.E. investor wishlist (Gulf News 24/02/2021)

• Dubai's Atlantis Aquaventure is set for expansion ride (Gulf News 24/02/2021)

• UAE approves new National Agenda and strategic projects (Gulf News 24/02/2021)

• F&B players record surge in demand for organics (Khaleej Times 24/02/2021)

• No aircraft with PW4000 engines in UAE airspace: GCAA (Khaleej Times 24/02/2021)

• UAE set to add 10,000 new millionaires every year till 2025 (Khaleej Times 24/02/2021)

• Dubai has second highest number of prime properties in world (Khaleej Times 24/02/2021)

• Covid UAE: Masks you can't wear at Dubai airport (Khaleej Times 24/02/2021)

• ADNOC Logistics & Services announces strategic fleet expansion with acquisition of 6 VLCCs (WAM 25/02/2021)

• Emirates and Dubai Health Authority to digitally verify travellers' Covid-19 medical records (The National 25/02/2021)

• Abu Dhabi Ship Building expects revenue growth in 2021 on higher exports (The National 25/02/2021)

• ‘Should I hire a company to manage my UAE property or do it myself remotely?’ (The National 25/02/2021)

• UAE retailers find promotions can only deliver so much (Gulf News 25/02/2021)

• Restaurant suppliers want to be in UAE supermarkets (Gulf News 25/02/2021)

• A private jet ride is becoming easier in UAE (Gulf News 26/02/2021)

• UAE's facilities businesses are getting cut out (Gulf News 26/02/2021)

• Dubai Customs deals with 13.4 mn suitcases, 8.7mn passengers in 2020 (WAM 27/02/2021)

• Mohammed bin Rashid announces new appointments in UAE government (WAM 27/02/2021)

• Islamic financing growth to outdo conventional lending (Gulf News 27/02/2021)

• GCC’s retail banking revenue growth to slowdown (Gulf News 27/02/2021)

• The 'price' is right? GCC inflation to remain manageable in 2021 (Khaleej Times 27/02/2021)

• UAE home to growing sports industry (Khaleej Times 27/02/2021)

• DP World, UAE Region, Jafza to drive growth in F&B (Khaleej Times 27/02/2021)

• Dh500,000 fine: Dubai cops warn of fake charity cases (Khaleej Times 27/02/2021)

• Dubai launches smart device for home patient monitoring (Khaleej Times 27/02/2021)

• Dubai pubs, bars closed till mid-April: Full list of Covid rules (Khaleej Times 27/02/2021)

• Nearly 200% increase in hiring digital freelancers (Khaleej Times 27/02/2021)

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Written by Jenny Hunt

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

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