UAE Weekly News Roundup 13/12/20
13th December 2020
Welcome to Gateway's fourteenth weekly UAE business news roundup. A weekly, local business magazine of headlines from the last week, to help you 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
'We aim to increase number of companies from 300,000 to one million within 10 years': Minister of Economy (WAM 09/12/2020)
UAE bilateral trade relationship headlines
Mohamed bin Zayed receives Coordinating Minister for Maritime Affairs of Indonesia (WAM 07/12/2020)
British investments in UAE valued at $20.5bn, UAE one of 27 top investors in UK (WAM 08/12/2020)
UAE, Comoros Political Consultations Committee discusses means of bolstering cooperation (WAM 08/12/2020)
UAE strengthening economic ties with Estonia (WAM 09/12/2020)
GCC ministers discuss increasing free trade agreements with other countries (WAM 09/12/2020)
Abu Dhabi Ports, Manufacturers’ Association of Israel cooperate on expanding trade between UAE and Israel (WAM 09/12/2020)
UAE, France discuss fostering cultural cooperation (WAM 09/12/2020)
Sharjah, Ottawa explore collaboration in science, culture (WAM 09/12/2020)
Mohamed bin Zayed, British PM discuss bilateral ties, regional developments (WAM 10/12/2020)
Nahyan bin Mubarak, Afghan Ambassador discuss expanding cooperation (WAM 13/12/2020)
UAE, Nigeria to establish joint committee to enhance cooperation (WAM 13/12/2020)
UAE, Mauritanian ministers meet to bolster cooperation (WAM 13/12/2020)
UAE economy-related headlines
ADDED identifies eight new areas for investment across basic food industries (WAM 07/12/2020)
First unit at Barakah nuclear plant fully powers up (The National 07/12/2020)
Abu Dhabi's Edge among world's 25 biggest military suppliers (The National 07/12/2020)
UAE ranks highly in international data openness report (The National 07/12/2020)
Six countries now exempt from pre-flight PCR test under Dubai travel rules (The National 07/12/2020)
UAE's gold and jewellery industry is set for its biggest makeover yet (Gulf News 08/12/2020)
Dubai Economy launches Unified Payments Network to boost digital payments, cashless economy (WAM 08/12/2020)
E-Commerce sales to rise to AED100bn by 2022 (WAM 08/12/2020)
UAE’s non-oil private sector economy remained unchanged in November (The National 08/12/2020)
Abu Dhabi road toll scheme set to launch on January 2 (The National 08/12/2020)
Abu Dhabi launches $15m plan to create chicken and fish substitutes and help end global hunger (The National 08/12/2020)
UAE has the lowest COVID-19 fatality rate in the world (Gulf News 08/12/2020)
AED15.8 bn in letters of guarantee issued by UAE banks in nine months (WAM 09/12/2020)
Moody’s assigns Aa2 rating to UAE Government with stable outlook for the national economy (WAM 09/12/2020)
ADNOC awards Occidental onshore exploration block after competitive bid (WAM 09/12/2020)
Environment Agency - Abu Dhabi launches first UAE Soil Map (WAM 09/12/2020)
UAE economy rated second best in the world in Global Knowledge Index (The National 09/12/2020)
UAE legal reform: top official says divorce, alcohol and cohabitation law changes part of 'progressive policy' (The National 09/12/2020)
Coronavirus: Abu Dhabi plans to remove most restrictions within two weeks (The National 09/12/2020)
Unesco to review four UAE sites for World Heritage List (Gulf News 09/12/2020)
Dubai Electronic Security Centre rolls out cyber resilience plan (The National 10/12/2020)
UAE visa rules latest: all you need to know as amnesty deadline draws near (The National 10/12/2020)
UAE hotels are getting back their guests big time (Gulf News 10/12/2020)
New law to unify Dubai govt’s procurement processes (Khaleej Times 10/12/2020)
UAE GDP expected back at pre-Covid levels by 2023 (Khaleej Times 11/12/2020)
UAE's e-commerce players need to be innovators (Khaleej Times 11/12/2020)
Faster UAE hotel occupancy spike to lead Mena rebound in 2021 (Khaleej Times 11/12/2020)
Economic Recovery Committee announces completion of 46pc of first phase of flexible package to support economic recovery (WAM 12/12/2020)
Mohammed bin Rashid approves UAE Strategy for Domestic Tourism (WAM 12/12/2020)
Mohammed bin Rashid issues law on Dubai Civil Aviation Authority (WAM 12/12/2020)
UAE has rolled out Dh388bn in economic support since pandemic began (The National 12/12/2020)
Mobile shipments to UAE hit 1M (Khaleej Times 12/12/2020)
Rising oil prices, Covid vaccine progress bode well for Mena economies (Khaleej Times 12/12/2020)
Significant attention given to logistical efforts to organise land, maritime, railway transportation (WAM 13/12/2020)
Ras Al Khaimah Police introduce new rules for obtaining driving licence (Gulf News 13/12/2020)
Sheikh Mohammed issues new expert witness law (Gulf News 13/12/2020)
UAE’s health expenditure has registered a 26% rise (Gulf News 13/12/2020)
UAE’s loan growth and liquidity pick up pace in Q3 (Gulf News 13/12/2020)
UAE among top countries for remote working (Khaleej Times 13/12/2020)
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Written by Jenny Hunt, Founding Partner & CEO
Gateway Group of Companies, Abu Dhabi & Dubai UAE
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