UAE Weekly Business News 28/03/22

Welcome to Gateway's 79th 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.

Gateway Group's weekly business news headlines for Abu Dhabi and Dubai, United Arab Emirates

UAE Trade licence and visa-related headlines

• Hub71 leads AED1.5b investments for Abu Dhabi startups (WAM 23/03/2022)

• Scale2Dubai programme's first cohort to feature 85 start-ups, small businesses (WAM 24/03/2022)

• Jail term for Emirati woman after worker's death highlights employers' duty of care (The National 24/03/2022)

• UAE jobs: Why the Emirates has one of the world's 'strongest hiring booms' (The National 28/03/2022)

• ‘Should my employer pay for my flight home from UAE after sacking me?’ (The National 28/03/2022)

UAE Bilateral trade-related headlines

• UAE, Turkey accelerating trade cooperation (WAM 21/03/2022)

• Japanese Foreign Minister highlights UAE-Japan strategic partnership (WAM 21/03/2022)

• ADNOC expands strategic partnerships across hydrogen value chain with leading German companies (WAM 21/03/2022)

• UAE accounts for 77% of GCC investments in Latin America over 2016-2021 period (WAM 22/03/2022)

• CEPA paves way for new era of growth for UAE, India (WAM 22/03/2022)

• Abu Dhabi Chamber discusses economic cooperation with Turkey's ULUSKON (WAM 22/03/2022)

• Middle East market remains promising for Vietnamese exporters (WAM 22/03/2022)

• Mohamed bin Zayed, President of Azerbaijan review advancing clean energy cooperation (WAM 22/03/2022)

• Abdullah bin Zayed meets German Vice Chancellor at Expo 2020 Dubai (WAM 22/03/2022)

• Abdullah bin Zayed meets with Estonian President at Expo 2020 Dubai (WAM 22/03/2022)

• Maktoum bin Mohammed meets with Greek Deputy PM at Expo 2020 Dubai (WAM 23/03/2022)

• UAE, Netherlands sign MoU on hydrogen energy (WAM 23/03/2022)

• Abdullah bin Zayed receives Vice President of Paraguay at Expo 2020 Dubai (WAM 23/03/2022)

• UAE-India CEPA to become operational in one month (WAM 24/03/2022)

• UAE is key digital economy partner for Latin America (WAM 24/03/2022)

• UAE, Netherlands ink agreement to bolster 50 years of trade, economic relations (WAM 24/03/2022)

• Mohamed bin Zayed receives Grand Duke of Luxembourg (WAM 24/03/2022)

• UAE hosts first session of UAE-Estonia Business Council (WAM 26/03/2022)

• UAE-Turkey Real Estate Development & Construction Conclave to tap into new bilateral opportunities (WAM 26/03/2022)

• AD Ports, Kuwait General Administration of Customs sign MoU to establish virtual trade corridor (WAM 27/03/2022)

• Abdullah bin Zayed participates in 'Negev Summit' in Israel (WAM 28/03/2022)

• Mexican FM hails bilateral relations with UAE (WAM 28/03/2022)

UAE economy-related headlines

• Six currencies account for 90% of Arab transactions: AMF Director-General (WAM 21/03/2022)

• Environment Agency - Abu Dhabi records remarkable improvement in indicator of sustainable fishing (WAM 21/03/2022)

• Masdar’s clean energy capacity jumped 40% in 2021 with renewables portfolio expansion (The National 21/03/2022)

• UAE schools run financial literacy workshops during Global Money Week (The National 21/03/2022)

• UAE’s Cybersecurity Council to collaborate with Huawei in strengthening ecosystems and capabilities (WAM 22/03/2022)

• Water security integral part of development drive: Minister of Energy and Infrastructure (WAM 22/03/2022)

• Dubai SME members win government procurement contracts worth AED921.6 million in 2021 (WAM 22/03/2022)

• Dubai Airports to close DXB’s northern runway for refurbishment (WAM 22/03/2022)

• Mariam Almheiri highlights efforts of Emirati women in environmental conservation field (WAM 22/03/2022)

• UAE to revise service fee structures across ministries and federal bodies (The National 22/03/2022)

• Why crowdfunding is important for the UAE (The National 22/03/2022)

• Abu Dhabi megaprojects: four new developments announced in 2022 (The National 22/03/2022)

• First Dubai International Real Estate Conference spotlights women's role, real estate's future (WAM 23/03/2022)

• DCT Abu Dhabi appoints Miral to oversee Saadiyat Island’s destination management strategy (WAM 23/03/2022)

• UAE is a prime example of an economic miracle: President of New Development Bank (WAM 23/03/2022)

• Minister of Energy and Infrastructure launches initiatives to ensure sustainability of water resources (WAM 23/03/2022)

• Strata unveils visionary pivot adding more advanced manufacturing verticals (WAM 23/03/2022)

• Khaled bin Mohamed bin Zayed launches Natural History Museum Abu Dhabi project (WAM 23/03/2022)

• Citigroup expects sharp increase in UAE and Mena business amid economic recovery (The National 23/03/2022)

• Polestar electric cars on sale in UAE as Al-Futtaim signs official deal (The National 23/03/2022)

• UAE steps up jail terms and fines for cyber criminals (The National 23/03/2022)

• Dubai residential property prices and rents to continue increasing in 2022, S&P says (The National 23/03/2022)

• Hamdan bin Mohammed directs establishment of entity to protect consumer rights, ensure fair trade (WAM 24/03/2022)

• Barakah Nuclear Power Plant a positive UAE's success story of collective cooperation, action (WAM 24/03/2022)

• UAE Peaceful Nuclear Programme continues accomplishing distinguished achievements (WAM 24/03/2022)

• FANR continues conducting its regulatory oversight, inspection to ensure the safety and security of Unit 2 of the Barakah Nuclear Power Plant (WAM 24/03/2022)

• UAE's clean electricity generation has doubled in less than year (WAM 24/03/2022)