UAE Weekly News Roundup 29/11/20
29th November 2020
Welcome to Gateway's twelfth weekly UAE business news roundup. Business 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
New decree overhauling foreign ownership rules of commercial companies in UAE opens up local (WAM 24/11/2020)
Dubai Economy issues 32,158 new licences during first 10 months of 2020 (WAM 24/11/2020)
UAE bilateral trade relationship headlines
UAE, Indonesia discuss ways to enhance relations, strategic partnerships (WAM 24/11/2020)
SCCI boosts economic and investment relations with China (WAM 24/11/2020)
UAE, UK join hands to boost trade ties, export credit opportunities (WAM 24/11/2020)
Abdullah bin Zayed, Slovak foreign minister discuss advancing ties (WAM 24/11/2020)
UAE and Netherlands discuss food and water security ahead of Abu Dhabi Sustainability Week 2021 (WAM 26/11/2020)
UAE, Curaçao sign air services agreements (WAM 26/11/2020)
Dubai, Portugal have huge potential to expand (Khaleej Times 26/11/2020)
India to increase share of organic Basmati rice exports to UAE (WAM 27/11/2020)
UAE economy-related headlines
Expanding golden residency quantum leap towards economic growth, sustainable development (WAM 23/11/2020)
UAE allows full foreign ownership of commercial companies (WAM 23/11/2020)
ADDED launches ‘TAHAQAQ’ verification service to provide information about licensed (WAM 23/11/2020)
Statistics Centre-Abu Dhabi launches the 2020 Labour Force Survey (WAM 23/11/2020)
Latest oil discoveries in Abu Dhabi will drive economic growth in UAE (WAM 23/11/2020)
DCT Abu Dhabi launches ‘Register of Cultural Organisations and Professionals’ (WAM 23/11/2020)
UAE allows full foreign ownership of commercial companies (WAM 23/11/2020)
How Gulf countries can evolve their economies over the coming decades (The National 23/11/2020)
Ministry of Economy develops strategic plan to strengthen UAE’s anti-money laundering efforts (WAM 24/11/2020)
New Zealand leads Covid-19 resilience rankings with UAE in top 20 (The National 24/11/2020)
UAE healthcare sector set for post-Covid revenue boost (Khaleej Times 24/11/2020)
Tadweer opens organic waste composting unit in Abu Dhabi (WAM 25/11/2020)
80% off customs fines to ease burden on businesses amid pandemic (WAM 25/11/2020)
UAE has met all Economic Substance Regulations requirements (WAM 25/11/2020)
Coronavirus: Abu Dhabi to axe 14-day quarantine for vaccinated airline passengers (The National 25/11/2020)
Mideast airlines will lose $7b this year (Gulf News 25/11/2020)
Mena’s renewables investment to hit $97 billion in five years (Khaleej Times 25/11/2020)
Ministry of Climate Change highlights UAE’s achievements, future outlook in agriculture, environmental (WAM 26/11/2020)
AED 3.9 bn of weekly real estate transactions in Dubai (WAM 26/11/2020)
Why tapping into renewable drinking water is the next logical step for the UAE (The National 26/11/2020)
UAE a gold mine of opportunity (Khaleej Times 26/11/2020)
How knowledge-based human capital can drive UAE’s diversification efforts (The National 27/11/2020)
583 companies engaged in dairy production, industry in Dubai (WAM 28/11/2020)
Dubai signals accelerating pace of recovery with 24.5% rise in customs transactions in first nine months of 2020 (WAM 28/11/2020)
4th phase of Mohammed bin Rashid Al Maktoum Solar Park will have the largest energy storage capacity in the world (WAM 28/11/2020)
Smart Dubai to start using facial recognition to authenticate payments (The National 29/11/2020)
Adnoc documentary shows the UAE's swift response to the pandemic (The National 29/11/2020)
Islamic banking gains prominence in the UAE (Gulf News 29/11/2020)
UAE's media buying could do with some re-inventing (Gulf News 29/11/2020)
Abu Dhabi, Dubai among best cities for expats... here is why (Khaleej Times 29/11/2020)
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Written by Jenny Hunt, Founding Partner & CEO
Gateway Group of Companies, Abu Dhabi & Dubai UAE
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