UAE Weekly Business News 02/05/22
Eid Mubarak!
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UAE Weekly Business News, Issue 84. 2nd May 2022.
UAE trade licence and visa-related headlines
Dubai issues 18,013 e-Trader licences to date (WAM 25/04/2022)
Dubai Chamber records 64% year-over-year membership growth in Q1 2022 (WAM 26/04/2022)
100,000 free licences of 01Gov platform for government employees (WAM 27/04/2022)
ADDED signs agreements with 4 banks to provide 'easy payment plan' (WAM 28/04/2022)
UAE salaries: which tech jobs are in demand and how much do they pay? (The National 28/04/2022)
What the UAE's new green visa means for teachers (The National 28/04/2022)
Dubai property broker fined AED50,000 for cold calling (The National 29/04/2022)
Dubai property sets record for price per square foot (The National 29/04/2022)
Marina 101: Dubai's second-tallest building 'close to completion' (The National 29/04/2022)
‘Can an employer withdraw a job offer over late bill payments?’ (The National01/05/2022)
UAE bilateral trade-related headlines
Export credit agencies of UAE and Indonesia sign reinsurance agreement to bolster bilateral trade (WAM 25/04/2022)
UAE-Turkey discuss Comprehensive Economic Partnership Agreement (WAM 27/04/2022)
Abdullah bin Zayed receives Abraham Accords Delegation (WAM 27/04/2022)
Al Zeyoudi discusses with Chinese Business Council measures to enhance Chinese investments in UAE (WAM 28/04/2022)
UAE, Rwanda sign economic, technical cooperation agreement (WAM 29/04/2022)
Abdullah bin Zayed, Turkmen Deputy Premier, FM discuss enhancing bilateral ties (WAM 30/04/2022)
UAE business and economy-related headlines
AED6.8b of contracts awarded to SMEs through Expo 2020 Dubai (WAM 25/04/2022)
DLD's Mo’asher tracks highest-ever number of quarterly real estate transactions since 2010 (WAM 26/04/2022)
EAD discovers new Eagle Ray species in Abu Dhabi waters (WAM 26/04/2022)
Emirates aims to return to 100% of pre-pandemic capacity in 2023 (The National 26/04/2022)
Aldar sets up logistics unit after acquiring stake in Abu Dhabi Business Hub (The National 26/04/2022)
UAE's best universities: The British University in Dubai (The National 26/04/2022)
Abu Dhabi to begin new clinical trials for people with MS (The National 26/04/2022)
National Marine Dredging Company allows foreigners to own 49% of company's capital (WAM 27/04/2022)
Total bank deposits amounted to AED1.988t by end of February: Central Bank
Gold Souk Extension ready to welcome the world (WAM 27/04/2022)
Dubai Free Zones to boost their contribution to Dubai’s GDP to AED250b by 2030 (WAM 27/04/2022)
Hamdan bin Mohammed approves launch of AED370m ‘Venture Capital Fund for Startups’ (WAM 27/04/2022)
Emirates Tourism Council reviews national plans to develop tourism data system in UAE (WAM 27/04/2022)
Dubai Airports announces capacity shift to DWC during closure of DXB’s northern runway (WAM 27/04/2022)
Dewa to spend $11b to expand its renewable energy capacity over next five years (The National 27/04/2022)
UAE hotels welcomed 19 million guests in 2021 (The National 27/04/2022)
Saudi and UAE universities reach top rankings for sustainability (The National 27/04/2022)
UAE's best universities: New York University Abu Dhabi (The National 27/04/2022)
DXB gearing up for Eid travel rush (WAM 28/04/2022)
FANR Board reviews Barakah Nuclear Power Plant progress, approves 2023-2026 strategy (WAM 28/04/2022)
Fitch Affirms ‘AA-’ long-term Issuer Rating to Emirates Development Bank with stable outlook (WAM 28/04/2022)
JAFZA breaks ground at new Logistics Park (WAM 28/04/2022)
More than 300,000 apply for 6,000 Emirates cabin crew jobs (The National 28/04/2022)
Dubai is the 14th-best city in the world for retirees (The National 28/04/2022)
Dubai's free zones on track to boost GDP contribution to $68b by 2030 (The National 28/04/2022)
Dubai the third-best city in the world for digital nomads (The National 28/04/2022)
Dubai Police prepare inmates for life after prison with university courses (The National 28/04/2022)
AECB introduces 'Expense to Salary Ratio' indicator to credit reports (WAM 29/04/2022)
New Executive Regulation of Industrial Property Law complements UAE’s legislative patent system (WAM 29/04/2022)
Abu Dhabi's real estate transactions exceed AED11.3b in Q1 2022 (WAM 29/04/2022)
AED6.6b in weeklong real estate transactions in Dubai (WAM 29/04/2022)
DEWA completes 96.50% of SWRO water desalination plant in Jebel Ali (WAM 29/04/2022)
Ministry of Finance launches digital public consultation initiative (WAM 29/04/2022)
EIBFS, Chartered Banker Institute launch educational programmes to boost green and sustainable finance (WAM 29/04/2022)
Abu Dhabi International Book Fair 2022 to feature over 1,000 publishers from 80 countries (WAM 29/04/2022)
Mohammed bin Rashid issues Law to form Rashid and Latifa Schools Establishment (WAM 29/04/2022)
Yahsat wins $7.7m UAE government deal (The National 29/04/2022)
UAE consumer spending up 14% in Q1 as economic recovery gains momentum (The National 29/04/2022)
UAE petrol prices to fall in May (The National 29/04/2022)
UAE's best universities: Murdoch University Dubai (The National 29/04/2022)
Emirati astronaut set for six-month mission to ISS (The National 29/04/2022)
GCAA grants operational approval for Dubai Civil Defense to use UAS (WAM 30/04/2022)
ADDED encourages private sector companies to benefit from UAE-India CEPA (WAM 30/04/2022)
New 5, 10, 50 dirham banknotes enter circulation (WAM 30/04/2022)
EDB reaffirms financial commitment to UAE SMEs and start-ups (The National01/05/2022)
Dubai's gold sector to receive a boost as UAE-India pact takes effect (The National01/05/2022)
Written by Jenny Hunt
Founder, Gateway Group, Abu Dhabi & Dubai, United Arab Emirates
FORBES' Top 100 Most Influential Women in the Middle East
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