UAE Weekly Business News 29/08/21

Welcome to Gateway's 51st 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.
Trade licence-related headlines
ADDED announces 22 new industrial facilities at total investments of AED286.4m (WAM 22/08/2021)
Abu Dhabi identifies 725 industrial activities for full foreign ownership to attract FDI (The National 22/08/2021)
Masdar City Free Zone launches new license options to support Abu Dhabi business growth (WAM 23/08/2021)
Masdar City Free Zone introduces exclusive business package for women entrepreneurs (WAM 25/08/2021)
Visa-related headlines
UAE to re-open tourist visa applications for fully vaccinated (Arabian Business 29/08/2021)
Bilateral trade-related headlines
UAE, Philippines explore possible space sector collaboration (WAM 22/08/2021)
UAE, Peru discuss cooperation relations (WAM 22/08/2021)
UAE, Mozambique explore boosting maritime cooperation (WAM 22/08/2021)
RTA, Korean delegation discuss future of transport and control systems (WAM 24/08/2021)
'We are keen to learn from UAE’s economic model', says Minister of Foreign Affairs of DRC (WAM 25/08/2021)
Mohamed bin Zayed, King of Spain discuss fostering ties (WAM 27/08/2021)
UAE economy-related headlines
Dubai Courts sets up specialised money laundering court to combat financial crimes (WAM 22/08/2021)
Tadweer completes several vital projects in H1 2021 (WAM 22/08/2021)
DEWA completes AED23.1 million water pumping station at Mohammed bin Rashid Al Maktoum Solar Park (WAM 22/08/2021)
RTA’s marine transport lines ferry 5.7m riders H1 of 2021 (WAM 23/08/2021)
ADNOC signs framework agreements worth nearly $1 billion for project engineering services (WAM 23/08/2021)
Funding to Middle East and Africa start-ups doubles to $2.1bn so far in 2021 (The National 25/08/2021)
Department of Energy now exclusive I-REC standard accredited issuer in Abu Dhabi (WAM 25/08/2021)
Covid-19 boosts digital payments adoption in Middle East, McKinsey says (The National 25/08/2021)
AMF, Visa to support growth of cross-border payments between Arab region and global markets (WAM 26/08/2021)
AED6.2bn of weeklong real estate transactions in Dubai (WAM 26/08/2021)
Unit 2 of Barakah Plant successfully starts up (WAM 27/08/2021)
Outcome of national strategy for empowerment of Emirati women, a source of pride: Fatima bint Mubarak (WAM 27/08/2021)
The Emirati women who are dominating the sectors driving the UAE's economy (Arabian Business 28/08/2021)
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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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