UAE Weekly Business News 04/10/20
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UAE Weekly Business News, Issue 04. 4th October 2020.
UAE trade license related headlines
Ministry of Education revokes licences of six universities in UAE (The National 30/09/2020)
UAE bilateral trade relationship headlines
SCCI discusses enhancing bilateral cooperation with Romania (WAM 28/09/2020)
UAE, US, Israel issue joint statement on establishing strategic vision for energy partnership (WAM 01/10/2020)
UAE is keen to develop its commercial relations with Chile (WAM 01/10/2020)
UAE, Singapore explore prospects for partnerships in advanced technology (WAM 02/10/2020)
SCCI explores opportunities for economic partnerships with Sri Lanka (Khaleej Times 02/09/2020)
UAE Ambassador, Australian Deputy Prime Minister discuss cooperation (WAM 04/10/2020)
UAE economy-related news
Financial Affairs State Minister, GCC Secretary-General discuss Gulf economic integration (WAM 27/09/2020)
Value of Dubai Chamber member-exports up 7.4% in June-August 2020 (WAM 27/09/2020)
ADNOC L&S signs 25-year Agreement to service petroleum ports in Abu Dhabi (WAM 27/09/2020)
Over 300K people, 10K SMEs benefit from UAE central bank stimulus (Khaleej Times 27/09/2020)
47% of EZDubai is operational, under development since launch last year (WAM 28/09/2020)
Etihad Cargo reinforces pharmaceutical shipment expertise with PharmaLife launch (WAM 28/09/2020)
EPI expands facility to manufacture Boeing 787 Dreamliner metallic parts in UAE (WAM 28/09/2020)
Share of manufactured exports in RAK's total exports up 58% in 2019 (WAM 28/09/2020)
Employed persons in UAE account for 97.8 pct of working age population (WAM 28/09/2020)
Dubai to exempt electric vehicles from public parking fees until 2022 (The National 28/09/2020)
Are UAE businesses finally back on track after COVID-19? (Gulf News 28/09/2020)
Abu Dhabi's Edge sticks with timetable for drones, UAVs (Gulf News 28/09/2020)
UAE #1 in 121 indicators in pandemic year (Khaleej Times (28/09/2020)
Pandemic accelerates UAE's digital drive (Khaleej Times 28/09/2020)
'We believe in need for joint collaboration between nations to strengthen security and stability, and provide goodness for humanity': Al Bowardi (WAM 29/09/2020)
'Strata' leverages 4IR technology to strengthen core manufacturing capabilities, diversify product (WAM 29/09/2020)
AMMROC marks first aircraft delivery from new state-of-the-art Al Ain MRO Facility (WAM 29/09/2020)
‘Sharjah Sustainable City’ launches its flexible and competitive payment plans for property investment (WAM 29/09/2020)
Middle East and Central Asia's economies need more social spending to boost inclusive growth (The National 29/09/2020)
UAE online grocery shopping to cross $1 billion in 2020 (Gulf News 29/09/2020)
UAE malls keep pushing into online space (Gulf News 29/09/2020)
Ras Al Khaimah to invest more on UAE's highest mountain (Gulf News 29/09/2020)
UAE unemployment rate among lowest in the world (Khaleej Times 29/09/2020)
UAE plans to be become AI capital in 10 years (Khaleej Times 29/09/2020)
SEHA introduces new central mortuary in Al Ain (WAM 30/09/2020)
Expats' remittances amounted to AED79.6 bn in H1-2020 (WAM 30/09/2020)
Fujairah oil products stockpiles drop to eight-month low (WAM 30/09/2020)
Dubai's external coffee trade hit AED3.5 billion (WAM 30/09/2020)
ADNOC Trading starts derivatives trading (WAM 30/09/2020)
Jafza, ECI join forces to support growth plans of UAE businesses (WAM 30/09/2020)
Abu Dhabi partners with 10 banks to ease credit availability and boost FDI (The National 30/09/2020)
Abu Dhabi shopping festival generates Dh2 billion (Gulf News 30/09/2020)
UAE plans 71 space initiatives (Khaleej Times 30/09/2020)
UAE secures 24.8 per cent of Japan's crude oil needs in August (WAM01/10/2020)
Relations between UAE, China based on respect, mutual interests: Sharjah Chamber (WAM 01/10/2020)
UAE ranks first in Arab region in IMD World Digital Competitiveness Ranking (WAM 01/10/2020)
Businesses share effective talent strategies, recommendations for post-COVID-19 era (WAM 01/10/2020)
UAE joins international efforts to preserve marine life (WAM 01/10/2020)
ADDED signs cooperation agreement with ADQ to support Abu Dhabi Local Content (WAM01/10/2020)
Arabtec shareholders vote to dissolve company (The National 01/10/2020)
Middle East aviation and related industries may lose 1.7 million jobs amid pandemic (The National 01/10/2020)
Gulf’s renewables come up against headwinds (Gulf News 01/10/2020)
UAE hotels can repurpose dining experiences (Gulf News 01/10/2020)
UAE consumers dictate terms on prices and everything else (Gulf News 01/10/2020) (
UAE construction sector braces for Arabtec fallout (Gulf News 01/10/2020)
Dubai realty sees V-shaped rebound (Khaleej Times 02/10/2020)
Central Bank of the UAE signs agreement with DIEDC to explore Islamic finance opportunities (The National 03/10/20)
How the events industry is staging a comeback (The National 03/10/2020)
DIFC Courts establishes new arbitration working group (The National 03/10/20)
Dubai launches region’s first association of district cooling operators (WAM 03/10/2020)
CBUAE, DIEDC join forces to strengthen Islamic banking sector (WAM 03/10/2020)
99% companies ensure compliance with midday break rule (WAM 03/10/2020)
'Invest in Dubai Real Estate' set to become top virtual destination for the real estate (Gulf News 03/10/2020)
Islamic investments in GCC survive COVID-19 (Gulf News 03/10/2020)
Hiring activity rising in the UAE (Khaleej Times 03/10/2020)
Work cut out for Arab world labour (Khaleej Times 03/10/2020)
Dubai GDP seen back at 2019 levels by 2023 (Khaleej Times 04/10/2020)
UAE continues to be a magnet for high net worth individuals (Khaleej Times 04/10/2020)
Khorfakkan Hospital obtains international health accreditation (WAM 04/10/2020)
Gulf pegs, Mideast markets face rough quarter (Gulf News 04/10/2020)
Covid-related headlines
Dubai Economy fines 22 businesses, warns 2 for violating COVID-19 guidelines (WAM 27/09/2020)
18 establishments fined, 12 warned for violating COVID-19 precautionary measures, says Dubai Economy (WAM 28/09/2020)
Six sports establishments fined over crowds and unmasked patrons (Khaleej Times 28/09/2020)
Dubai Economy fines 10 businesses, warns 11 for violating COVID-19 guidelines (WAM 29/09/2020)
Dubai Economy fines 5 businesses and warns 3 for violating COVID-19 guidelines (WAM 30/09/2020)
Dubai Economy fines 17 businesses, warns 15 for violating COVID-19 guidelines (WAM 01/10/2020)
The latest rule changes regarding travel to the UAE (The National 04/10/2020)
Latest Covid-19 stats in the UAE as at 4th October 2020
1,041 New Cases
1,063 New Recoveries
0 Deaths
98,810 Total Cases
88,123 Total Recoveries
426 Total Deaths
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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
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