UAE Weekly Business News 10/04/23
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.
Don't miss it
The UAE Weekly Business News is published every Monday. Subscribe to our blog to receive it in your inbox automatically.
UAE Weekly Business News, Issue 131. 10th April 2023.
UAE free zones news headlines
RAKEZ attracts 1,839 new companies to Ras Al Khaimah in Q1 (WAM 09/04/2023)
Dubai Aviation City Corporation records 86% decrease in workplace injury frequency rate (WAM 07/04/2023)
RTA, DMCC collaborate to support digital firms engaged in private and commercial transport activities in Dubai (WAM 04/04/2023)
Notable names join DIFC to tap into wealth across region (WAM 04/04/2023)
DIFC registers 'strong interest' from digital asset companies and hedge funds (The National 04/04/2023)
DMCC attracts a record 708 new companies to Dubai in Q1 2023 (WAM 03/04/2023)
Dubai Airshow returns this November, showcasing global aerospace trends (WAM 03/04/2023)
UAE employment and visa news
‘Can my manager deny me a one-hour lunch break?’ (The National 09/04/2023)
Talent Outsourcing Services in UAE to reach $6.8b by year-end, new report reveals (WAM 06/04/2023)
Unemployment Insurance Scheme subscribers exceed 1m since launch in January 2023 (WAM 05/04/2023)
Labour cases in Abu Dhabi drop by 40% during 2022: Judicial Department (WAM 03/04/2023)
GPSSA launches ‘Get Ready - Proactive Financial Planning’ campaign; offers pivotal information on retirement (WAM 03/04/2023)
UAE business and economy news
First Abu Dhabi Bank open to acquisitions to spur growth, CEO says (The National 10/04/2023)
Abu Dhabi Customs recycles 578 counterfeit goods worth AED2m during 2022, Q1'23 (WAM 09/04/2023)
Ministry of Climate Change and Environment leads national efforts with ‘Green Retreat’ ahead of Cop28 UAE (WAM 09/04/2023)
UAB successfully completes issuance of additional Tier 1 capital instruments (WAM 09/04/2023)
Dubai customs collaborates with Global Innovation Institute to enhance services (Government of Dubai Media Office 09/04/23)
Leadership scheme to help Dubai become 'city of the future' (The National 09/04/2023)
Onwani system facilitates efficient access, easier navigation across Abu Dhabi (WAM 08/04/2023)
Public Prosecution processed 362,161 procedures remotely in 2022 (WAM 08/04/2023)
Technology Innovation Institute to host 2nd ‘Additive Manufacturing the Future’ seminar in Abu Dhabi (WAM 07/04/2023)
Dubai records AED10.4b in weekly real estate transactions (WAM 07/04/2023)
ADCB not planning to sell its non-performing loans portfolio (The National 07/04/2023)
World Health Day: UAE focus is to provide the best care (The National 07/04/2023)
UAE's merchandise trade with the world crossed $1t mark in 2022: WTO (WAM 06/04/2023)
557,000 SMEs operated in UAE at end of 2022: Minister of Economy (WAM 06/04/2023)
CBUAE issues a new banknote of AED1000 denomination for circulation (WAM 06/04/2023)
MoF issues decision on small business relief for corporate tax purposes (WAM 06/04/2023)
Pre-arrival customs clearance transactions in Abu Dhabi grow by 33% during Q1 2023 (WAM 06/04/2023)
Dubai Culture organises Sikka Ramadan Pop-Up (WAM 06/04/2023)
Abu Dhabi Police partners with Wio Bank to combat financial crimes (WAM 06/04/2023)
The UAE's advanced health system guarantee (WAM 06/04/2023)
Eid Al Fitr most likely to fall on Friday, April 21: International Astronomical Centre (WAM 06/04/2023)
UAE to offer corporate tax relief to small businesses earning $816,880 or less (The National 06/04/2023)
Al Ansari shares surge on Dubai market debut (The National 06/04/2023)
ADQ-backed digital assets infrastructure company Zero Two launched in Abu Dhabi (The National 06/04/2023)
Biofuel blends at UAE fuel stations could boost sustainable transport push (The National 06/04/2023)
How focusing on the future can help navigate uncertainties (The National 06/04/2023)
UAE trade set to surge this year, Sheikh Mohammed bin Rashid says (The National 06/04/2023)
Saving behaviour in the UAE jumps as National Bonds hits another strong year with 15% growth in 2022 (WAM 05/04/2023)
Annual Investment Meeting signs MoU with World Tourism Organisation (WAM 05/04/2023)
World leaders to shape future of sustainable tourism at ATM 2023 (WAM 05/04/2023)
Abu Dhabi Islamic Bank's SME financing totalled AED1b in 2022 (WAM 05/04/2023)
Public Prosecution explains penalty for unlicensed collection of money (WAM 05/04/2023)
RTA, Cruise start data collection, testing on Dubai roads (WAM 05/04/2023)
Dubai Culture promotes music sector to enhance the emirate's attractiveness (WAM 05/04/2023)
UAE's non-oil economy expands at strongest pace in five months (The National 05/04/2023)
Dubai property transactions grew 53% annually to $9.3b in March, report says (The National 05/04/2023)
Dubai named world's busiest international airport again in 2022 (The National 05/04/2023)
Investopia: Partnership with a network of CEOs and government sfficials in MENA will foster public-provate sector collaboration in new economies (WAM 04/04/2023)
Dubai Maritime Authority launches programme to strengthen partnerships in maritime sector (WAM 04/04/2023)
Ministry of Energy and Infrastructure enables e-Signature feature for engineering contracts (WAM 04/04/2023)
AD Ports Group secures US$2b corporate facility with syndicate of 13 banks (WAM 04/04/2023)
Dubai's luxury home sales hit $1.63b in the first quarter (The National 04/04/2023)
UAE supply chains being redefined along with changes to global economy (The National 04/04/2023)
Fairmont relocates headquarters from Paris to Dubai (The National 04/04/2023)
Etihad Rail says freight network fully operational (The National 04/04/2023)
Blue-chip communication stocks drive ADX, as Dubai Financial Market hits one-month high (WAM 03/04/2023)
Informa Markets partners with NAFL to drive progress of regional logistics sector (WAM 03/04/2023)
National Centre of Meteorology receives 96 research proposals from 35 countries (WAM 03/04/2023)
77% of students in Dubai attend private schools rated 'good or better': KHDA (WAM 03/04/2023)
Abu Dhabi starts fund to boost business tourism in the emirate (The National 03/04/2023)
Amanat spins off new healthcare platform with plans for a potential IPO (The National 03/04/2023)
UAE Financial Results
DIEZ records 42% increase in operating profit in 2022 (WAM 10/04/2023)
Emirates REIT records strong FY 2022 results with net profit up 30% year-on-year (WAM 04/04/2023)
UAE bilateral trade news
UAE participates in the WB-IMF Spring Meetings (WAM 09/04/2023)
UAE President sends written letter to Emir of Kuwait (WAM 07/04/2023)
UAE and Vietnam sign joint declaration of intent to launch CEPA negotiations (WAM 06/04/2023)
Masdar achieves financial close on three solar projects in Uzbekistan (WAM 06/04/2023)
UAE President extends personal COP28 invite to President El Sisi of Egypt (WAM 06/04/2023)
Abdullah bin Zayed meets with Serbia's Prime Minister in Belgrade (WAM 06/04/2023)
Borouge enters into agreement to expand footprint in East Africa (WAM 05/04/2023)
Dubai Financial Services Authority, Brunei Darussalam Central Bank (WAM 04/04/2023)
Abdullah bin Zayed, Prime Minister of Kosovo discuss bilateral relations (WAM 04/04/2023)
Abdullah bin Zayed, Kosovo's Deputy PM & FM review promoting cooperation (WAM 04/04/2023)
EDGE makes inroad into Latin America with major presence at LAAD Defence & Security 2023 (WAM 03/04/2023)
DEWA, Chinese companies discuss cooperation in energy, infrastructure sectors (WAM 03/04/2023)
Abdullah bin Zayed, Greek FM review strengthening strategic partnership (WAM 03/04/2023)
Abudllah bin Zayed meets with Greek PM in Athens (WAM 03/04/2023)
If you find this resource informative and helpful,
please show your appreciation by clicking the ❤️ at the bottom of this page.
Thank you.
Written by Jenny Hunt
Founder, Gateway Group, Abu Dhabi & Dubai, United Arab Emirates
FORBES' Top 100 Most Influential Women in the Middle East
