UAE Weekly Business News 30/01/23
Updated: Feb 21
Welcome to Gateway Group's weekly roundup of business headlines for Abu Dhabi and Dubai. It's an ideal way of quickly and conveniently keeping clued up on essential business news in the UAE.
Simply scan through the headlines, choose those which are relevant to you and click the headlines to go directly to the articles. The source is in purple for reference only.
The UAE Weekly Business News is published every Monday. Subscribe to our blog to get it emailed to you each week.
UAE Weekly Business News, Issue 121. 30th January 2023.
Abu Dhabi and Dubai trade license, entrepreneur, employment and visa-related news headlines
‘Is it mandatory for employees to switch to a limited-term contract?' (The National 29/01/2023)
Over 4,200 new companies set up base at RAKEZ in 2022 (WAM 26/01/2023)
Everything you need to know about UAE employment contract changes - what is fixed term? (The National 26/01/2023)
UAE salary guide 2023: How much should you be earning? (The National 26/01/2023)
UAE's commercial agencies law to come into effect on June 16 (The National 25/01/2023)
MoIAT reduces fees for 14 services to enhance business environment in industrial sector (WAM 24/01/2023)
Most Mena professionals planning more freelance work (The National 24/01/2023)
UAE bilateral trade news headlines
WAM delegation visits media organisations in Ecuador, signs 7 MoUs (WAM 29/01/2023)
dnata invests $10m in Zanzibar (WAM 26/01/2023)
Arab, foreign ambassadors delegation visits heritage, tourist attractions and events in Al Dhafra (WAM 26/01/2023)
Dubai Investments acquires 9% stake in UK-based Monument Bank (WAM 26/01/2023)
UAE GBC explores stronger cooperation with Women’s Forum of Parliamentary Assembly of Mediterranean (WAM 26/01/2023)
Japanese delegation visits Federal Tax Authority (WAM 25/01/2023)
Khalifa Fund signs MoU with Zambia to support enterprise development with AED55m (WAM 25/01/2023)
Saqr Ghobash receives President of PAM's Women Parliamentary Forum (WAM 25/01/2023)
WAM delegation visits media entities in Costa Rica, signs 5 MoUs (WAM 25/01/2023)
Emirates Falconers Club, Japanese INPEX JODCO Foundation sign MoU (WAM 25/01/2023)
UAE President arrives in Pakistan (WAM 25/01/2023)
UAE-Pakistan ties are as old as the Emirates (The National 25/01/2023)
India-UAE Partnership Summit calls for economic partnerships to drive development plans (WAM 24/01/2023)
UAE President receives President of Democratic Republic of Congo (WAM 24/01/2023)
UAE President receives Algerian President's note (WAM 24/01/2023)
India-UAE trade up by 30% since Cepa signing (The National 24/01/2023)
UAE's AD Ports Group inaugurates Aqaba Cruise Terminal in Jordan (The National 23/01/2023)
Abu Dhabi and Dubai business and economy-related news headlines
DEWA commissions 17 transmission substations worth AED3.2b in 2022 (WAM 29/01/2023)
Local Press: Hatta Dam will soon help power the UAE’s green transition (WAM 27/01/2023)
DoH to present unparalleled healthcare breakthroughs at Arab Health 2023 (WAM 27/01/2023)
AED246.6b saving deposits in UAE banks by end of November 2022 (WAM 27/01/2023)
Dubai's weeklong real estate transactions exceed AED 8.4b (WAM 27/01/2023)
Abu Dhabi Customs now provides possibility of clearing goods for non-resident individuals and companies from outside UAE (WAM 27/01/2023)
KEZAD Group to showcase critical infrastructure for life sciences sector at Arab Health 2023 (WAM 27/01/2023)
EGA supplies 203,000 tonnes of waste to other industries as feedstock in 2022 (WAM 27/01/2023)
Saadiyat leads way as Abu Dhabi luxury property prices rise (The National 27/01/2023)
Wizz Air Abu Dhabi carried 1.2m passengers in 2022 (The National 27/01/2023)
Abu Dhabi’s free coding school has 800 places available (The National 27/01/2023)
AED33.1b in net profit reported by seven listed banks for 2022 (WAM 26/01/2023)
DLD issues 9,047 permits, 6,479 licences in 2022 (WAM 26/01/2023)
DGCX reports 16% growth in total volume of trades in 2022 (WAM 26/01/2023)
Dubai South, Bright Capital Investment sign agreement to open British Curriculum school in district (WAM 26/01/2023)
Ministry of Economy highlights new commercial agency law's role in propelling business environment (WAM 26/01/2023)
GPRC Summit 2023 spotlights risk and governance in UAE's digital future (WAM 26/01/2023)
Year of Sustainability will help accelerate UAE's transition towards a greener tomorrow (WAM 26/01/2023)
Record number of countries to take part in Arab Health 2023 (WAM 26/01/2023)
First glimpse as Dubai’s hydroelectric plant in Hatta takes shape (The National 26/01/2023)
Helping women in Stem careers is a top priority, UAE envoy says (The National 26/01/2023)
Masdar, TotalEnergies, Siemens Energy, Marubeni to certify novel pathway to make methanol-based sustainable aviation fuel (WAM 25/01/2023)
UAE banks’ investments totalled AED511b in November 2022, highest in 13 months (WAM 25/01/2023)
Dubai's Business Bay sees highest number of real estate transactions in 2022 (WAM 25/01/2023)
Dubai Chamber of Commerce launches additional sector-specific business groups (WAM 25/01/2023)
4.1m stayed in Abu Dhabi hotels, generating AED5.4b in revenues in 2022 (WAM 25/01/2023)
UAE leadership’s vision to empower women ensured women are equal participants in nation’s sustainable development (WAM 25/01/2023)
DCD contributes to developing Domestic Workers’ Guide (WAM 25/01/2023)
UAE investors traded US tech stocks the most in 2022 (The National 25/01/2023)
Where expats like to buy property in Dubai (The National 25/01/2023)
Abu Dhabi to host Fortune Global Forum 2023 (WAM 24/01/2023)
Abu Dhabi aims to attract more FDI amid new policies (The National 24/01/2023)
Listing of 11 UAE companies to raise more than $2.18b in 2023 (The National 24/01/2023)
Sheikh Mohamed appoints Abu Dhabi Executive Council members (The National 24/01/2023)
DEWA launches 'OWNEK' awareness initiative (WAM 23/01/2023)
Dubai Chamber of Commerce bolsters member support with launch of four new business groups (WAM 23/01/2023)
Gross banks’ assets exceed AED3.63t by end-November 2022: CBUAE (WAM 23/01/2023)
Emirates completes ground testing for fully Sustainable Aviation Fuel engine (WAM 23/01/2023)
Dubai's private health facilities hit record 4,482 in 2022 (WAM 23/01/2023)
Emirates adds two more Australia services (WAM 23/01/2023)
Emirates to reach pre-pandemic capacity in Australia as travel demand soars (The National 23/01/2023)
When is half-term break for UAE schools? (The National 23/01/2023)
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Gateway Group Of Companies
With offices in Abu Dhabi and Dubai, Gateway Group helps international companies get registered to do business in the United Arab Emirates (UAE). We are the authority on business licenses and visas for expats in Abu Dhabi and Dubai.
Founded and headed up by British husband and wife team, Nathan and Jenny Hunt, Gateway operates with it's core values at heart: Honesty. Trust. Integrity. We do what's in the best interests of our clients rather than what's best for our bottom line. After all, we are just like our clients - we've invested our own money into our business licenses, so we fully appreciate what a big investment a commercial license is. We believe this uniquely positions us to provide our services with understanding and empathy.
From our own first-hand experience and knowledge, generated from living and working in the UAE, as well as setting up companies and building relationships here, we are able to offer unique insight and guidance to help our clients successfully step into the market and do business in the UAE.
We value long-term relationships and our incredible client retention is one of our strongest assets, which is extremely rare in our industry.
Founding Partner, Jenny Hunt, has been setting up businesses in Abu Dhabi and Dubai for over 10 years and is ranked in FORBES' Top 100 Most Influential Women In The Middle East.
Gateway Group's blog is ranked in Feedspot's '25 Best Abu Dhabi Blogs And Websites You Should Follow In 2023' (currently ranked 9th - 27th January 2023).
Contact us for your international expansion into the UAE. Get the best business setup experience in Dubai and Abu Dhabi, as well as employment and residency visas for your expat staff and their families.
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Written by Jenny Hunt
Founder, Gateway Group, Abu Dhabi & Dubai, United Arab Emirates
FORBES' Top 100 Most Influential Women in the Middle East