UAE Weekly News Roundup 14/02/21

Gateway Group's UAE Weekly News Roundup. Abu Dhabi and Dubai trade and economy headlines.

Welcome to Gateway Group's weekly collection of business highlights from Abu Dhabi and Dubai. It's the ideal way of staying informed about crucial UAE business news, conveniently in one place.

Simply scan through the headlines and choose the ones relevant to you. To read the full article, click the headline. The source is in purple for reference.

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UAE Weekly Business News, Issue 23. 14th February 2021.

Trade license-related headlines

• Sole Establishments witness robust activity in UAE (WAM 08/02/2021)

UAE bilateral trade relationship headlines

• Abdullah bin Zayed, Maltese Minister for Foreign Affairs exchange three MoUs (WAM 07/02/2021)

• Zimbabwean agribusiness companies eye Dubai to boost trade (WAM 08/02/2021)

• COVID-19 proved Spain and UAE are great friends (WAM 07/02/2021)

• European Space Agency looks forward to ‘Hope’s exciting new discoveries’ (WAM 10/02/2021)

• Ukrainian president Volodymyr Zelensky hails UAE on first visit (The National 13/02/2021)

UAE economy-related news headlines

• UAE’s GDP contracted 7.7% in 2020 (Gulf News 07/02/2021)

• Prime property market in Dubai shows signs of improvement (The National 08/02/2021)

• How Abu Dhabi kept rent in check during 2020 (Gulf News 08/02/2021)

• Dubai well positioned for transition to cashless economy (Khaleej Times 08/02/2021)

• Over 85% of UAE investors upbeat about economy (Khaleej Times 08/02/2021)

• FTA issues public clarification regarding VAT registration of ‘Sole Establishments’ (WAM 09/02/2021)

• A recap of 2020 and the way ahead (The National 09/02/2021)

• Dubai's non-oil economy expands with boost in employment and improved outlook (The National 09/02/2021)

• UAE most competitive market in GCC; 4th globally (Khaleej Times 09/02/2021)

• NMDC, NPCC complete merger to create leading engineering, construction powerhouse (WAM 10/02/2021)

• Hub71 attracts over 100 startups in two years as tech ecosystem gears up for global growth (WAM 10/02/2021)

• MoF highlights importance of Decree-Law regarding 'Trusts' to support wealth management sector (WAM 10/02/2021)

• CBUAE imposes financial sanction on exchange house operating in UAE (WAM 10/02/2021)

• ADNOC awards Japan's Cosmo exploration rights of offshore block in Abu Dhabi (WAM 10/02/2021)

• NMC Health's UAE and Oman assets put up for sale (The National 10/02/2021)

• UAE's new trust law to benefit onshore businesses (The National 10/02/2021)

• Agility bullish on the growth of the logistics sector in the Gulf region (The National 10/02/2021)

• Majority of UAE businesses ready to turn to technology to offset Covid-19 impact (The National 10/02/2021)

• Strict adherence to ESR requirements necessary (Gulf News 10/02/2021)

• Dubai consolidates its position as ‘FDI Global City of the Future' (WAM 11/02/2021)

• Central Bank's total assets up 6.6% to AED470.5bn in December (WAM 11/02/2021)

• Why the Middle East's energy companies should continue digitising (The National 11/02/2021)

• Abu Dhabi launches campaign to attract talent to capital (The National 11/02/2021)

• Abu Dhabi invites expats to explore long-term visa, citizenship options (Khaleej Times 11/02/2021)

• UAE’s renewable energy capacity set to increase to 9GW by 2025 (The National 12/02/2021)

• How UAE's small businesses succeed in a COVID era (Gulf News 12/02/2021)

• Rising oil, faster vaccine rollout, Expo 2020 to accelerate UAE recovery in H2 (Khaleej Times 13/02/2021)

• Private maid-hiring agencies stay open after seeking Tadbeer affiliation (The National 14/02/2021)

DED Circular about the frequency of Covid-19 PCR tests for staff in Abu Dhabi

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Written by Jenny Hunt

Founder, Gateway Group, Abu Dhabi & Dubai, United Arab Emirates

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