UAE Weekly News Roundup 27/12/20

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 16. 27th December 2020.

UAE bilateral trade relationship headlines

• UAE, Canada reconfirm support to 'Circular Economy' (WAM 23/12/2020)

UAE economy-related news headlines

• Tadweer opens Eco Park Complex to promote sustainable development in Abu Dhabi (WAM 20/12/2020)

• UAE extends Dh420m worth of trade credit support to SMEs in 2020 (The National 20/12/2020)

• ADNOC awards 'Eni', 'PTTEP' consortium first offshore exploration block in Abu Dhabi’s second competitive block bid round (WAM 21/12/2020)

• Abu Dhabi's Ma'an rolls out accelerator for ventures focused on mental health (The National 21/12/2020)

• Water pipe tobacco products, e-cigarettes bearing Digital Tax Stamp permitted from 1st January 2021 (WAM 22/12/2020)

• UAE's Central Bank to begin selling M-Bills next month (The National 21/12/2020)

• Dubai Economy sharpens focus on Circular Economy in preparation for next 50 years (WAM 22/12/2020)

• UAE's first crypto library at Abu Dhabi’s Technology Innovation Institute (WAM 22/12/2020)

• TAQA announces financial closing for world’s largest solar power plant (WAM 22/12/2020)

• Dubai economy forecast to grow by 4% in 2021 (WAM 23/12/2020)

• 365 industrial facilities add commercial and service activities to their licenses in Abu Dhabi (WAM 23/12/2020)

• Dubai Economy signs MoU with Empay to accelerate cashless licencing transactions (WAM 23/12/2020)

• UAE economy to grow 2.5% in 2021, Central Bank says (The National 23/12/2020)

• Abu Dhabi will remove 14-day self-isolation for some passengers (Gulf News 23/12/2020)

• UAE hospitality sector looks to a brighter future (Khaleej Times 23/12/2020)

• Can the UAE Government achieve a successful economic reboot? (Khaleej Times 23/12/2020)

• AED4.6 billion of weeklong real estate transactions in Dubai (WAM 24/12/2020)

• Abu Dhabi Ports makes strong case for continued FDI in increasingly advanced zones (WAM 24/12/2020)

• UAE remains Mena region leader with 47 industrial park zones (Khaleej Times 24/12/2020)

• Gaming tech sees big investments (Khaleej Times 25/12/2020)

• Agritech ideas keep sprouting (Khaleej Times 25/12/2020)

• Dubai has advantage in the healthcare and technology sectors (Khaleej Times 26/12/2020)

• Dewa inaugurates 2,367 substations across Dubai in 2020 (Khaleej Times 26/12/2020)

• Abu Dhabi opens new facility at Khalifa Port to boost capacity (The National 27/12/2020)

• Sheikh Mohammed bin Rashid approves 2021 Dubai budget with Dh57.1bn in spending (The National 27/12/2020)

• Accelerating decarbonisation and digitisation can build upon UAE's game-changing reforms (The National 27/12/2020)

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Written by Jenny Hunt

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

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