UAE Weekly Business News 31/10/21
Welcome to Gateway's 60th 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 to directly to the articles. The source is in purple.
Bilateral trade-related headlines
UAE reaffirms support for joint GCC action to increase trade exchange among GCC countries (WAM 24/10/2021)
Mansoor bin Mohammed receives Singaporean Minister (WAM 24/10/2021)
UAE’s AI economy opens opportunities for further collaboration with US: State Dept. (WAM 25/10/2021)
Abu Dhabi and Cuba chambers discuss boosting investments in renewable energy (WAM 25/10/2021)
Hamdan bin Zayed, Pakistan's Sindh province Governor review accelerating cooperation (WAM 25/10/2021)
Shakhbout bin Nahyan receives Tanzanian Minister of Energy (WAM 25/10/2021)
Abdullah bin Zayed meets Singaporean Second Minister for Education & Foreign Affairs at Expo (WAM 25/10/2021)
UAE Ambassador meets with Kuwait's FM, discuss bilateral relations (WAM 26/10/2021)
UAE, South Korea agree to strengthen trade ties (WAM 27/10/2021)
UAE, Rwanda review ways to further boost bilateral ties (WAM 27/10/2021)
UAE Ambassador meets Argentina's Minister of Foreign Affairs, International Trade and Worship (WAM 27/10/2021)
South Korean PM receives Saqr Ghobash (WAM 28/10/2021)
UAE, Niger discuss promoting bilateral relations (WAM 28/10/2021)
Shakhbout bin Nahyan meets President of Togo (WAM 29/10/2021)
UAE economy-related headlines
UAE banking industry is in recovery mode (WAM 24/10/2021)
UAE banking assets to grow by up to 10% next year (The National 24/10/2021)
DFSA introduces regulatory framework for Investment Tokens (WAM 25/10/2021)
Dubai Digital Transformation Steering Committee explores emirate’s digital aspirations in inaugural meeting (WAM 25/10/2021)
Dubai Dialogue 2021 offers glimpse into future of UAE’s circular economy (WAM 25/10/2021)
2021-2022 cruise season in Dubai kicks off (The National 25/10/2021)
Three EDGE Group entities consolidate under JAHEZIYA (WAM 26/10/2021)
27th edition of iconic Dubai Shopping Festival to run on 15 December-29 January (WAM 26/10/2021)
UAE prosecutors say people who mistreat senior citizens face jail (The National 26/10/2021)
Dubai cruise season restarts with 500,000 visitors expected (The National 26/10/2021)
ADNEC launches expansion plans in Abu Dhabi, London (WAM 27/10/2021)
Trojan and Six Construct joint venture wins Guggenheim Abu Dhabi contract (The National 27/10/2021)
Khalifa Fund connects Emirati entrepreneurs to manufacturers in production push (The National 27/10/2021)
Know the law when hiring domestic staff (The National 27/10/2021)
Dubai signs deal to monitor transport use and allow driverless cars by 2023 (The National 27/10/2021)
Ministry of Economy explores mechanisms to develop space economy, investment, tourism (WAM 28/10/2021)
AED4.9bn of weeklong real estate transactions recorded in Dubai (WAM 28/10/2021)
Moody’s affirms eight UAE banks' ratings and changes outlook to stable (The National 28/10/2021)
Middle East travel and tourism sector set to grow 27% this year (The National 28/10/2021)
Abu Dhabi climbs in global smart-city ranking to lead the Middle East (The National 28/10/2021)
Sheikh Abdullah bin Zayed leads Cop26 delegation (The National 28/10/2021)
UAE 'has made significant progress to advance human rights' (The National 28/10/2021)
Sheikh Mohammed bin Rashid meets King of Bahrain in Abu Dhabi (The National 28/10/2021)
UAE third in table of best places to live during the pandemic (The National 28/10/2021)
UAE leading MENA in use of technology to improve quality of life (WAM 29/10/2021)
UAE reiterates commitment to developing climate-resilient health sector (WAM 29/10/2021)
Healthcare sector helps Dubai residents obtain vital medicine (The National 29/10/2021)
Amendment on tax treatment for supply of goods in designated zones, connected shipping/delivery services goes into effect on October 30 (WAM 30/10/2021)
BNY Mellon sees Middle East outpacing growth of global business over next five years (The National 30/10/2021)
UAE steps up prosecutions for money laundering and terrorist financing (The National 30/10/2021)
UAE tops global ranking for women's personal safety (The National 30/10/2021)
On the front lines of Dubai's suburban housing rush, properties go in minutes (The National 31/10/2021)
CEO: Mubadala riding 'tailwinds' lifting technology, mobility and life sciences sectors (The National 31/10/2021)
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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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