Jenny Hunt
UAE Weekly News Roundup 08/11/20
8th November 2020
Welcome to Gateway's ninth weekly UAE business news roundup, which is a collection of businesss headlines from the last week. A great way to quickly and conveniently keep in touch with the UAE's business world.
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 License-related headlines
Dubai Economy, talabat join hands to support Emirati DED Trader Licence holders (WAM 01/11/2020)
UAE bilateral trade relationship headlines
Federation of UAE Chambers of Commerce and Industry, Korea International Trade Association sign MoU (WAM 01/11/2020)
Mohamed bin Zayed, French President discuss relations, latest regional developments (WAM 01/11/2020)
UAE ambassador meets Jordanian Prime Minister (WAM 03/11/2020)
Dubai FDI highlights Dubai advantage in food, agribusiness, technology, healthcare, logistics sectors to UK investors (WAM 04/11/2020)
Mohamed bin Zayed, Egyptian President discuss fraternal relations, latest regional developments (WAM 04/11/2020)
UAE-Latvia Political Consultations Commission discusses enhancing cooperation (WAM 04/11/2020)
UAE, Russia discuss financial, trade and investment cooperation (WAM 04/11/2020)
UAE, Malta discuss cultural cooperation (WAM 04/11/2020)
DMCC, US discuss boosting trade ties (WAM 06/11/2020)
UAE economy-related headlines
Surge in female founders joining Hub71, Abu Dhabi’s growing tech ecosystem (WAM 01/11/2020)
Dewa attracts Dh40B investments from IPPs (Khaleej Times 01/11/2020)
UAE reaffirms commitment to promoting role of women in maintaining peace and security (WAM 02/11/2020)
Total electricity generation of Abu Dhabi’s energy sector reached 85 GWh in 2019 (WAM 02/11/2020)
Middle East among the fastest growing gaming markets in the world (The National 02/11/2020)
CBUAE issues new regulation to support development of digital payment services (WAM 03/11/2020)
Three in 10 Emiratis expect to work permanently from home (The National 03/11/2020)
UAE private businesses cut more jobs in October (Gulf News 03/11/2020)
It's the 75-90% discount season for UAE shoppers (Gulf News 03/11/2020)
Sharjah okays fresh Dh512M stimulus to combat Covid effects (Khaleej Times 03/11/2020)
UAE job market signals rebound with 9.5% hiring surge in Oct (Khaleej Times 03/11/2020)
FTA to issue Tax Residency, Commercial Activities Certificates for investors in UAE via its e-Services (WAM 04/11/2020)
flydubai commences flights to Tel Aviv from 26th November (WAM 04/11/2020)
Mina Rashid bags 'Middle East's Leading Cruise Port Award' at World Travel Awards 2020 (WAM 04/11/2020)
UAE online retail sales to touch $1.5bn in Q4 this year (The National 04/11/2020)
Supporting local businesses in their growth story (Gulf News 04/11/2020)
Luxury is sustainability in global F&B and hospitality (Gulf News 04/11/2020)
CBUAE issues new regulation on Stored Value Facilities (Gulf News 04/11/2020)
UAE SMEs have fast-track ways to press legal claims (Gulf News 04/11/2020)
Most firms not yet ready to abide by new DIFC data law (Khaleej Times 04/11/2020)
Hamad Al Sharqi directs relevant authorities to accelerate work on phase one of Dibba Fujairah Port (WAM 05/11/2020)
Executive Committee approves a strategy for Abu Dhabi government cyber security (WAM 05/11/2020)
UAE net investment in non-financial assets rose to AED32.2 billion in H1 2020 (WAM 05/11/2020)
AED2.9 bn of weekly real estate transactions in Dubai (WAM 05/11/2020)
Emirates Customs seizes over 168,000 counterfeit goods in 2019 (WAM 05/11/2020)
UAE companies try weathering pandemic impact on results (Gulf News 05/11/2020)
UK's lockdown will slow UAE airlines' recovery (Gulf News 05/11/2020)
Dubai Parks sees 67% drop in 2020 visitor numbers (Gulf News 05/11/2020)
GCC to drive foreign capital inflows into Mena (Gulf News 05/11/2020)
Dubai’s digital future gets reshaped in a pandemic (Gulf News 05/11/2020)
UAE construction sector will test new Bankruptcy Law (Gulf News 05/11/2020)
Malls in UAE tie rent relief to lease renewals (Gulf News 05/11/2020)
UAE developers will need to stand up and deliver once again (Gulf News 06/11/2020)
Dubai private developers not getting bank funding (Gulf News 06/11/2020)
Dubai private developers face tough norms for launches (Gulf News 06/11/2020)
GCC insurers face sharp decline in profits in 2020 (Gulf News 06/11/2020)
Food markets are a hot trend in Dubai's F&B space (Gulf News 06/11/2020)
Dubai-China trade grows substantially in first 8 months of 2020 (Khaleej Times 06/11/2020)
‘Automation to drive future remote oil & gas operations’, say ADIPEC 2020 Exhibitors (WAM 07/11/2020)
Air France KLM Group inaugurates new regional headquarters in Dubai (WAM 07/11/2020)
DEWA inaugurates 20 new substations in 2020 with investments totalling AED2.6 billion (WAM 07/11/2020)
President approves amendments to Personal Status, Civil Transactions, Penal Code, Criminal Procedural laws (WAM 07/11/2020)
Gulf economies: How does post-pandemic recovery look like? (Gulf News 07/11/2020)
E-commerce boom drives courier business (Khaleej Times 07/11/2020)
UAE re-elected as member of Global Association of the Exhibition Industry (Khaleej Times 07/11/2020)
Covid-related headlines
Dubai Economy finds full compliance to COVID-19 guidelines in 652 businesses (WAM 03/11/2020)
Dubai Economy fines 3 businesses for violating COVID-19 guidelines (WAM 04/11/2020)
Dubai Economy inspections find 754 businesses as fully compliant with COVID-19 guidelines (WAM 05/11/2020)
Dubai Economy inspections find 649 businesses as fully compliant with COVID-19 guidelines (WAM 06/11/2020)
Latest Covid-19 stats in the UAE as at 7th November 2020
1,141 New Cases
672 New Recoveries
4 Deaths
141,032 Total Cases
137,608 Total Recoveries
514 Total Deaths
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Written by Jenny Hunt, Founding Partner & CEO
Gateway Group of Companies, Abu Dhabi & Dubai UAE
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