UAE Weekly News Roundup 11/10/20
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UAE Weekly Business News, Issue 05. 11th October 2020.
UAE trade license related headlines
29 industrial facilities convert their license status to ‘Production’ in Abu Dhabi with investment value of AED2.6 billion (WAM 10/10/2020)
UAE bilateral trade relationship headlines
Mohamed bin Zayed receives phone call from Prince of Monaco (WAM 05/10/2020)
Abdullah bin Zayed meets Israeli FM in Berlin (WAM 06/10/2020)
RAK Ruler receives US Ambassador (WAM 06/10/2020)
Abu Dhabi Investment Office and Israel Export Institute lay foundations for bilateral trade (WAM 06/10/2020)
UAE Embassy in Jakarta organises dialogue on economic, investment cooperation with Indonesia (WAM 08/10/2020)
UAE, India discuss strategic issues of mutual interest (WAM 08/10/2020)
UAE, Swiss ministers discuss ways to strengthen financial partnerships (WAM 08/10/2020)
Abu Dhabi-Japan Economic Council holds 7th session virtually (WAM 09/10/2020)
General Authority for Sports discusses signing sports cooperation agreement with Spain (WAM 10/10/2020)
Mohamed bin Zayed receives note from Chinese president (WAM 11/10/2020)
Ras Al Khaimah to discuss business cooperation with Rwanda (WAM 11/10/2020)
UAE economy-related news
headlines
UAE calls for UN Member States to uphold obligations to protect women’s rights (WAM 04/10/2020)
Dubai businesses leverage on immersive technologies (Khaleej Times 04/10/2020)
UAE resumes issuing visas to domestic workers, entry permits for government and semi-government employees (WAM 05/10/2020)
RAK International Airport to welcome all passengers from 15th October (WAM 05/10/2020)
MoHAP discusses health cooperation prospects with Australia (WAM 05/10/2020)
Purchasing Managers' Index in UAE up to 11-month high (WAM 05/10/2020)
New policy adopted to ensure compliance of Abu Dhabi products with conformity programmes, technical standards (WAM 05/10/2020)
UAE’s civil aviation sector shows capacity to overcome challenges imposed by COVID-19 (WAM 05/10/2020)
Auto loans down 7.6% in 2019, as consumers tend to optimise spending (WAM 05/10/2020)
Dubai DoF signs MoU with CBUAE to facilitate payment of fees owed by consumers of Dubai government entities (WAM 05/10/2020)
UAE's private sector job losses are slowing down, but worries persist (Gulf News 05/10/2020)
UAE business conditions improve amid dim optimism (Khaleej Times 05/10/2020)
Covid hit to drag GCC countries' tax revenues 20% lower (Khaleej Times 05/10/2020)
6 Abu Dhabi construction firms fined for flouting tower cranes' safety norms (Khaleej Times 05/10/2020)
Dubai Economy announces results of region’s first evaluation of Consumer-Friendly Standards among businesses (WAM 06/10/2020)
UAE Central Bank monitors 6 positive indicators in real estate sector in 2019 (WAM 06/10/2020)
UAE retains top spot for best place to live for young Arabs (WAM 06/07/2020)
GCC banks to see a wave of mergers amid pandemic-driven economic slowdown, Moody's says (The National 06/10/2020)
GCC e-commerce market to more than double to $50bn by 2025 due to pandemic-driven boom (The National 06/10/2020)
Telecoms providers STC and Etisalat ranked most valuable Saudi Arabian and UAE brands (The National 06/10/2020)
Find out why UAE scores high in the global 'no-worry' index (Gulf News 06/10/2020)
UAE has region's best startup ecosystem: Forbes (Khaleej Times 06/10/2020)
UAE plays leading role in establishing understanding among members: OPEC (WAM 07/10/2020)
IDEX signs agreement with ISDEF to establish Israeli pavilion at IDEX and NAVDEX 2021 (WAM 07/10/2020)
ECI secures AED4 billion of non-oil trade in H1 2020 to accelerate UAE exporters’ recovery (WAM 07/10/2020)
Dubai issues new building code to reduce construction costs (The National 07/10/2020)
UAE a pioneer of employing AI to build knowledge-based economy (WAM 07/10/2020)
ADNOC starts AI venture with Group 42 (Gulf News 07/10/2020)
UAE ports start to see green shoots of recovery admist pandemic (Gulf News 07/10/2020)
Anxiety and stress taking a toll on majority of UAE workforce, finds Oracle study (Gulf News 07/10/2020)
Careem launches ride-hailing services in Ras Al Khaimah (Gulf News 07/10/2020)
Abu Dhabi's asset base remains strong (Khaleej Times 07/10/2020)
Ministry of Energy and Infrastructure issues resolution on unified regulations related to trading petroleum products (WAM 08/10/2020)
‘The Bankers Programme’ to contribute towards development of future bankers across UAE (WAM 08/10/2020)
RAK Chamber discusses commercial, investment cooperation with Estonia (WAM 08/10/2020)
UAE affirms its commitment to support international efforts to encourage tourism & improve safety of travel experience (WAM 08/10/2020)
Ras Al Khaimah Transport Authority launches smart bus platform ‘RAKBUS’ (Gulf News 08/10/2020)
Covid unlocks more wealth, millionaires in ME (Khaleej Times 08/10/2020)
ICA approval must for non-Dubai residents arriving at Dubai airport (Khaleej Times 08/10/2020)
HCHF discusses prospects for cooperation with UNESCO-IBE (WAM 09/10/2020)
UAE's fine dining restaurants start stocking up on locally grown produce (Gulf News 09/10/2020)
Abu Dhabi's driving solar power rates to record lows in green energy switch (Gulf News 09/10/2020)
SEWGA completes 157 new 11 kilovolts distribution stations (WAM 10/10/2020)
SFD completes first phase in linking to 'Digital Identity' (WAM 10/10/2020)
MoHAP launches Post Office initiative to improve health insurance claims process (WAM 10/10/2020)
UAE and GCC economies to rebound in 2021: HSBC’s regional CEO (Gulf News 10/10/2020)
DFM collaborates with 14 companies as 'Launch Partners' of its planned equity futures platform (WAM 11/10/2020)
DP World - UAE Region tackles key industry challenges, opportunities (WAM 11/10/2020)
SHUAA launches US$200 million 'Financing Opportunities Fund' (WAM 11/10/2020)
Abu Dhabi Customs launches new incentives, facilities for importers and partners (WAM 11/10/2020)
UAE approves new law regulating wealth management sector (The National 11/102020)
Emirates Development Bank launches supply chain finance platform to help UAE businesses (The National 11/10/2020)
How Covid-19 is accelerating the adoption of air-to-water tech in the Middle East (The National 11/10/2020)
Abu Dhabi economy to expand up to 8% in next two years (The National 11/10/2020)
Embassies issue warning as Dh315 a week fines introduced for expired UAE visas (The National 11/10/2020)
UAE companies going remote-first amid signs working from home is here to stay (The National 11/10/2020)
Electric scooter rentals to resume in Abu Dhabi city (The National 11/10/2020)
Sainsbury’s products to be available on Kibsons from October 15 (Gulf News 11/10/2020)
Dubai Entrepreneurship Academy organises certificate programme to help SMEs win procurement contracts (Khaleej Times 11/10/2020)
Why UAE will be able to ride out Covid crisis faster (Khaleej Times 11/10/2020)
UAE will quickly overcome economic adversities (Khaleej Times 11/10/2020)
Covid-19 won't affect UAE's long-term competitiveness (Khaleej Times 11/10/2020)
Covid-related news headlines
Dubai Economy fines 4 businesses, warns 2 for violating COVID-19 guidelines (WAM 05/10/2020)
NCEMA adopts monitoring, inspection system to verify implementation of resolutions related to coronavirus (WAM 05/10/2020)
Dubai Economy shuts down brokerage office, fines 8 businesses for violating COVID-19 guidelines (WAM 06/10/2020)
Dubai Economy fines five businesses and warns seven for violating COVID-19 guidelines (WAM 07/10/2020)
ADP records 1,252 violations of resolution prohibiting gatherings, parties in ranches (WAM 07/10/2020)
Dubai Economy fines 2 businesses violating COVID-19 guidelines (WAM 08/10/2020)
Dubai Economy shuts down a service centre in Al Twar after an event led to overcrowding (WAM 09/10/2020)
Dubai Economy fines 6 businesses and warns 1 for violating COVID-19 guidelines (WAM 11/10/2020)
My highs and lows of wearing Abu Dhabi's quarantine wristband (The National 11/10/2020)
Sharjah Police fine more than 5,000 people for flouting Covid-19 safety rules (The National 11/10/2020)
Dubai Municipality shuts two salons, a laundry and a food outlet for COVID-19 safety violations (Gulf News 11/10/2020)
Door-to-door Covid-19 testing expanded to densely populated areas in Abu Dhabi (Khaleej Times 11/10/2020)
Latest Covid-19 stats in the UAE as at 11th October 2020
1,096 New Cases
1,311 New Recoveries
2 Deaths
106,229 Total Cases
97,284 Total Recoveries
445 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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