UAE Weekly News Roundup 27/09/20
27th September 2020
Welcome to Gateway's third weekly business news roundup for the UAE. We hope this collection of business headlines, all in one place, is a helpful resource for companies expanding into the UAE and for companies already doing business here.
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.
UAE bilateral trade relationship headlines
Sheikh Abdullah bin Zayed meets UK Foreign Secretary in London (The National 21/09/2020)
Barings, Mubadala form strategic partnership on financing solutions for European middle-market businesses (WAM22/09/2020)
SCCI explores opportunities for economic partnerships with Sri Lanka (Khaleej Times 22/09/2020)
Abdullah bin Zayed meets French Foreign Affairs Minister (WAM 23/09/2020)
UAE stresses commitment to supporting efforts to reinforce international trade, investment (WAM 23/09/2020)
UAE-Lithuanian Political Consultations Commission discusses enhancing cooperation (WAM 23/09/2020)
Ties between UAE, Saudi Arabia represent exceptional model of bilateral relations: Ministers (WAM23/09/2020)
Abu Dhabi’s non-oil trade with Saudi Arabia hit AED493.8 bn in 10 years (WAM 23/09/2020)
Dubai Chamber, Tel Aviv Chamber sign agreement to foster bilateral cooperation (WAM 24/09/2020)
Minister of Industry and Advanced Technology reinforces UAE commitment to coordination and consultation to support joint GCC economic actions (WAM 24/09/2020)
Jafza, Federation of Israeli Chambers of Commerce sign MoU to accelerate economic, trade relations (WAM 25/09/2020)
DAFZA signs MOU with Federal Israeli Chamber of Commerce (WAM2 5/09/2020)
UAE, Greece aspiring for bilateral strategic partnership based on robust foundation: Abdullah bin Zayed (WAM 25/09/2020)
FNC, UAE-EU Parliamentary Friendship Group explore joint cooperation, coordination (WAM 26/09/2020)
DIFC to advance role of women in financial services (Gulf News 26/09/2020)
More than 300,000 individuals benefitted from Central Bank of UAE's zero cost liquidity (Gulf News 26/09/2020)
UAE economy-related headlines
ADDED identifies 14 new investment areas within Abu Dhabi’s health sector (WAM 20/09/2020)
ADNOC partners with Mubadala, ENEC to drive In-Country Value for UAE (WAM20/09/2020)
Dubai Customs: AED67b airborne gold, diamonds trade from 1st March to 30th June (WAM 21/09/2020)
Two shopping malls temporarily closed in Ajman for not adhering to preventive measures (WAM21/09/2020)
Dubai Economy shuts down café in Al Seef, fines 9 businesses and warns 6 for violating COVID-19 guidelines (WAM21/09/2020)
UAE Updates Economic Substance Regulations (Mondaq 22/09/2020)
GreenFactory Emirates: The largest indoor farm in world to be developed in Abu Dhabi (WAM 23/09/2020)
E-commerce, delivery services post highest growth rates in August, says SEDD (WAM 23/09/2020)
DFM, Nasdaq Dubai highlight significant role of IR in strengthening listed companies’ links with investors (WAM 23/09/2020)
ADDED reopens recreational, entertainment play halls inside and outside malls (WAM 23/09/2020)
MoF announces details of cabinet resolution concerning economic substance regulations (WAM 23/09/2020)
Traders can deny entry to consumers violating COVID-19 guidelines: Dubai Economy (WAM 23/09/2020)
UAE banks availed AED44.72 bn of TESS liquidity facility (WAM 23/09/2020)
DICM to launch its first E-Ramadan Content Market in 2021 (WAM23/09/2020)
Sharper economic contraction seen for UAE in 2020 (Khaleej Times 24/09/2020)
ADIO formalises Abu Dhabi’s public-private partnership procurement framework to guide investors (WAM 24/09/2020)
Abu Dhabi transfers ownership of ENEC to ADQ (WAM 24/09/2020)
COVID-19: UAE resumes issuing new visas excluding work permits (Gulf News 24/09/2020)
Emirates to resume flights to Johannesburg, Cape Town, Durban, Harare and Mauritius (WAM24/09/2020)
Abu Dhabi announces new traffic rules (Khaleej Times 24/09/2020)
10-year swap rate on UAE Dirham at 1.6 percent by end of June (WAM24/09/2020)
Tourism a cornerstones of economic development: DCT-Abu Dhabi (WAM 26/09/2020)
CBUAE Governor reviews TESS Programme, systemic stability with banks CEO’s (WAM24/09/2020)
UAE President's Decree on equal wages for women, men in private sector to come into force tomorrow (WAM24/09/2020)
Dubai updates Covid-19 rules for restaurant diners (The National 25/09/2020)
Abu Dhabi and five other emirates to issue tourist visas from today (The National 25/09/2020)
Freelancers bank on high demand (Khaleej Times 25/09/2020)
Dubai's 'food halls' are proving a less expensive option for F&B businesses (Gulf News 25/09/2020)
COVID-19: UAE retailers at mercy of landlords (Gulf News 25/09/2020)
UAE healthcare spend to swell (Khaleej Times 26/09/2020)
Court judgments to go public on ADJD website (WAM 26/09/2020)
SCCI holds 13th periodic meeting, reaffirms commitment to bolstering institutional performance (WAM26/09/2020)
Abu Dhabi-Korea Healthcare Week to be held in October (WAM26/09/2020)
Abu Dhabi releases new guidelines for PPs (Khaleej Times 26/09/2020)
Abu Dhabi, Dubai rents are falling in these areas (Khaleej Times 26/09/2020)
Special: Realty bites for low-income expats (Khaleej Times 27/09/2020)
Covid-related headlines
More fines and closures as Dubai and Abu Dhabi authorities enforce Covid-19 rules (The National 20/09/2020)
Two shopping centres in Ajman closed for violating COVID-19 precautions (Gulf News 21/09/2020)
Dubai Economy fines 24 businesses, warns five for violating COVID-19 guidelines (WAM 24/09/2020)
Hotels in Dubai should close by 3am under new rules (Khaleej Times 26/09/2020)
Dubai Economy fines 7 businesses and warns one for breach of COVID-19 precautionary measures (WAM 26/09/2020)
Latest Covid-19 stats in the UAE as at 26th September 2020
1,078 New Cases
857 New Recoveries
2 Deaths
90,618 Total Cases
79,676 Total Recoveries
411 Total Deaths
Gateway Group Of Companies
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Written by Jenny Hunt, Founding Partner & CEO
Gateway Group of Companies, Abu Dhabi & Dubai UAE
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