UAE Weekly News Roundup 24/01/21

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 20. 24th January 2021.

Trade license-related headlines

• Dubai Economy issues 9,949 DED Trader licences till end of 2020 (WAM 17/01/2021)

• Dubai Economy records 132% increase in DED Trader licences issued during 2020 (Khaleej Times 17/01/2021)

• Foreign businesses operating in UAE grew to 3209 by December 2020 (WAM 19/01/2021)

• UAE shuts down 250 offices for hiring domestic workers (Khaleej Times 19/01/2021)

• UAE to shut all private maid-hiring agencies by March (The National 19/01/2021)

• UAE decision to close private maid-hiring agencies will stamp out rogue companies (The National 21/01/2021)

• Sharjah attracts $220m of foreign investment in 2020 (The National 23/01/2021)

• Dubai Health Authority licensed 3,958 health care professionals and 321 facilities in 2020 (Gulf News 24/01/2021)

UAE bilateral trade relationship headlines

• Adnoc invites US energy companies to develop its unconventional hydrocarbons sector (The National 19/01/2021)

• Abdullah bin Zayed, French FM discuss bilateral ties, global developments (WAM 21/01/2021)

• UAE Foreign Minister, Moroccan counterpart discuss relations (WAM 21/01/2021)

• Spain looks at UAE’s offshore expertise for green hydrogen production (WAM 24/01/2021)

UAE economy-related news headlines

• Abu Dhabi Department of Finance launches AED6 billion supply chain financing initiative to increase (WAM 17/01/2021)

• Dubai’s gold sector reinstating full salaries (Gulf News 17/01/2021)

• UAE's export markets grow to 230 by end of September (WAM 18/01/2021)

• UAE becomes world’s first country to produce aluminium using solar power (WAM 18/01/2021)

• UAE to continue exploring hydrocarbon reserves and courting strategic partners (The National 18/01/2021)

• Cybersecurity jobs boom in UAE with starting salaries of Dh40,000 or more (The National 18/01/2021)

• Car renting is proving a compelling choice in UAE (Gulf News 18/01/2021)

• UAE new car sales yet to enter post-COVID recovery (Gulf News 18/01/2021)

• Consumer Confidence Index at highest level since 2017, says Dubai Economy (WAM 19/01/2021)

• UAE one of lowest GHG emission producers of oil and gas in world: Atlantic Council CEO (WAM 19/01/2021)

• Oil markets could rebalance as early as 2022, UAE minister says (The National 19/01/2021)

• Mubadala aims to expand and strengthen its businesses in UAE (The National 19/01/2021)

• Abu Dhabi bans heavy vehicles during foggy weather (The National 19/01/2021)

• Etihad Airways and Emirates to trial Iata's Travel Pass (The National 19/01/2021)

• FNC approves draft law on regulating industrial property rights (Gulf News 19/01/2021)

• UAE looks set for V-shaped economic recovery in 2021 (Khaleej Times 19/01/2021)

• UAE jobs with up to Dh55,000 salary: Cybersecurity experts in demand (Khaleej Times 19/01/2021)

• Dubai's iconic skyline welcomes 12 new skyscrapers (Khaleej Times 19/01/2021)

• Pearl Initiative launches 'Vision 2025' to transform corporate governance practices across Gulf region (WAM 20/01/2021)

• Abu Dhabi has bold aspirations to diversify energy sources: DoE Chairman (WAM 20/01/2021)

• 'We support world's drive to a low-carbon future': UAE Energy Minister (WAM 20/01/2021)

• Oil, gas industry to play important role in providing practical solutions to climate change (WAM 20/01/2021)

• Abu Dhabi Government, Aldar Properties to develop capital projects worth AED45 billion (WAM 20/01/2021)

• Abu Dhabi Department of Energy launches Policy for Energy Production from Waste (WAM 20/01/2021)

• Emirates NBD sees digital money transfers increase 20% in 2020 (The National 20/01/2021)

• UAE office market remains tenant-friendly (Gulf News 20/01/2021)

• AED19.7 bn in credit facilities to non-resident clients in 11 months (WAM 21/01/2021)

• Masdar, China Gezhouba Group, to explore global collaboration on renewable energy projects (WAM 21/01/2021)

• Ministry of Energy and Infrastructure launches ‘Water Platform’ (WAM 21/01/2021)

• MoCCAE launches UAE Climate Change Research Network to advance climate data collection (WAM 21/01/2021)

• Masdar and Bee’ah joint venture to develop UAE’s first solar landfill project (The National 21/01/2021)

• Dubai's office leases see longer rent-free offers (Gulf News 21/01/2021)

• Cash-on-delivery is finally sliding in importance (Gulf News 21/01/2021)

• Dubai Expo 2020 opens: what you need to know before you visit (The National 22/01/2021)

• UAE has resources and will to build medical R&D base (Gulf News 22/01/2021)

• UAE hotels have reasons to start hiring again (Gulf News 22/01/2021)

• DEWA’s AED 256 million water pipeline project 87.73% complete (WAM 23/01/2021)

• UAE’s non-oil trade volume may grow 12.9% this year, Dubai Chamber says (The National 23/01/2021)

• Logistics on track for growth path in 2021 (Khaleej Times 23/01/2021)

• UAE non-oil trade to see 12.9% growth in 2021 (Khaleej Times 23/01/2021)

• Pandemic triggered e-commerce (Khaleej Times 23/01/2021)

• Private jets movements at Dubai South increased 21% in 2020 compared to 2019 (WAM 24/01/2021)

• Ewec invites bidders for Abu Dhabi's first waste-to-energy plant (The National 24/01/2021)

• Education Day: school system needs reform after impact of Covid-19 lockdown (The National 24/01/2021)

COVID-related headlines

• Vaccinated people in Abu Dhabi need weekly PCR tests to be eligible for exemptions (The National 17/01/2021)

• UAE allows use of Covid-19 vaccine for children aged 16 and above (The National 17/01/2021)

• Eight violations of COVID-19 guidelines detected in Dubai (WAM 18/01/2021)

• How prices of face masks have fallen in UAE (Gulf News 19/01/2021)

• Dubai Economy shuts down 2 shops, finds 32 violations of COVID-19 guidelines (WAM 20/01/2021)

• UAE ranks among top countries in tackling the pandemic (The National 20/01/2021)

• Dubai hospitals told to cancel non-essential surgery (The National 20/01/2021)

• ICA approval: Indian Embassy in talks with UAE to resolve issue, says minister (Khaleej Times 20/01/2021)

• Covid-19: Dubai cancels all live entertainment in hotels and restaurants (The National 21/01/2021)

• Dubai Economy finds 17 violations of COVID-19 guidelines (WAM 22/01/2021)

• New rules for gyms in Dubai (Gulf News 22/01/2021)

• Dubai shuts three shisha cafes for breaking Covid-19 rules (The National 23/01/2021)

• Dubai limits number of people allowed to sit together in restaurants and cafes as cases surge (The National 23/01/2021)

• Compulsory Covid tests expanded to include teachers (Khaleej Times 23/01/2021)

• Two gyms and a department store shut down in Dubai for flouting Covid-19 rules (The National 24/01/2021)

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Written by Jenny Hunt

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

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