UAE Weekly Business News 13/06/21
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 40. 13th June 2021.
UAE trade licence-related headlines
CBUAE issues guidances for its licensed financial institutions on anti-money laundering and combatting the financing of terrorism (WAM 12/06/2021)
UAE bilateral trade-related headlines
DP World, UAE Region aims to strengthen UAE-China trade ties (WAM 08/06/2021)
UK welcomes UAE's support on oceans initiative (The National 08/06/2021)
Joint Statement on the Eighth US-UAE Economic Policy Dialogue (WAM 09/06/2021)
UAE, Egypt Central Banks enhance cooperation on banking supervision (WAM 10/06/2021)
Abdullah bin Zayed, Deputy Prime Minister of Turkmenistan review bilateral relations (WAM 10/06/2021)
UAE Minister of State for Food and Water Security, President of Tatarstan explore food security cooperation (WAM 11/06/2021)
Sheikh Mohamed bin Zayed meets President of Iraq's Kurdistan region (WAM 12/06/2021)
Abu Dhabi Chamber discusses boosting cooperation with Polish entrepreneurs (WAM 13/06/2021)
UAE business and economy-related headlines
CBUAE introduces whistleblowing portal to anonymously report misconduct (WAM 07/06/2021)
S&P assigns ‘AA-’ issuer rating to Emirates Development Bank with Outlook Stable (WAM 07/06/2021)
UAE Gender Balance Council, OECD identify best practices for gender mainstreaming in government (Khaleej Times 07/06/2021)
Virtual investor outreach set to lure bigger FDI flow to Dubai (Khaleej Times 07/06/2021)
ADIB partners with Visa, introduces UAE’s first biometric authentication for e-commerce transactions (WAM 08/06/2021)
Dubai Customs’ Jebel Ali Centre completes 952k transactions in 1st four months of 2021 (WAM 08/06/2021)
CBUAE issues new Outsourcing Regulation to ensure efficient risk management of banks’ outsourcing (WAM 08/06/2021)
Abu Dhabi unites culture, creative industries under DCT Abu Dhabi as part of AED30+bn investment (WAM 08/06/2021)
Follow-Up Committee of UAE President Initiatives implements strategic road networks worth AED1.95bn (WAM 08/06/2021)
Abu Dhabi to invest $6bn in culture and creative industries amid economic diversification push (The National 08/06/2021)
Dubai property sales value hits four-year high of AED11.11bn in May (The National 08/06/2021)
Abu Dhabi launches largest coral reef rehabilitation project in the region (The National 08/06/2021)
Coronavirus: UAE's vaccination campaign nears 85% (The National 08/06/2021)
Dubai among world's top 10 fastest growing remote work hubs in 2021 (Khaleej Times 08/06/2021)
Coursera’s Global Skills Report 2021 ranks UAE 2nd Globally for Business Skills (WAM 09/06/2021)
Saving accounts in national banks drew AED9.77bn in four months (WAM 09/06/2021)
Global trade defies expectations in 2021 and drives recovery, finds latest DMCC report on 'Future of Trade’ (WAM 09/06/2021)
Dubai to remove administrative hurdles for businesses by 30% (The National 09/06/2021)
Khalifa University makes top 200 of global higher education rankings in UAE first (The National 09/06/2021)
Is it time for the GCC to have its own Green New Deal? (The National 09/06/2021)
Abu Dhabi updates Al Hosn app entry rules for malls, restaurants, hotels and supermarkets (The National 09/06/2021)
How to maintain green pass status on Al Hosn app to secure 'safe entry' to some Abu Dhabi venues (The National 09/06/2021)
Dubai economy continues to grow in May, but at slower pace (The National 09/06/2021)
Abu Dhabi Department of Economic Development and Al Ain University collaborate on economic research (WAM 10/06/2021)
Dubai's weeklong real estate transactions valued at AED10.7bn (WAM 10/06/2021)
Ministry of Economy inspects DNFBP establishments’ compliance with AML regulations (WAM 10/06/2021)
Securities and Commodities Authority registers 114 foreign investment funds in 2020 (WAM 10/06/2021)
UAE residents asked to use digital Emirates IDs until they receive new cards (WAM 10/06/2021)
World Bank upgrades Mena growth forecast to 2.4% in 2021 (The National 10/06/2021)
Time to move from traditional models of healthcare delivery (Khaleej Times 10/06/2021)
Green hydrogen a promising energy source to accelerate shift towards green economy (WAM 11/06/2021)
A guide to Dubai’s new private schools and their fees (The National 11/06/2021)
UAE pledges to tackle global crises as UN Security Council member (The National 11/06/2021)
Al Hosn: how to download and register the UAE's Covid-19 vaccine app (The National 11/06/2021)
Dubai’s non-oil external trade grows 10% to AED354bn in Q1 2021 (WAM 12/06/2021)
Sheikh Mohamed bin Zayed meets President of Iraq's Kurdistan region (WAM 12/06/2021)
Written by Jenny Hunt
Founder, Gateway Group, Abu Dhabi & Dubai, United Arab Emirates
FORBES' Top 100 Most Influential Women in the Middle East
Need business support services in the UAE? We're here to help.
Remove the challenge of doing business in a foreign country, by using the trusted business services of Gateway Group. Recommended by international law firms, business groups and trade associations; we can support your business when you need the peace of mind of having someone on-the-ground who knows what they are doing, understands the business environment, is clued up on how to get things done and will quickly grasp exactly what you need. Whether you need one-time help or on-going support, speak to our friendly team to find out how we can help you.
Gateway Group Business Setup
Gateway Group helps companies get licensed to do business in the United Arab Emirates. Founding Partner, Jenny Hunt, has been setting up businesses in Abu Dhabi and Dubai, and arranging visas, for over 10 years!
Founded, and headed up by, British husband and wife team, Nathan and Jenny Hunt, Gateway operates with it's core values at heart: Honesty. Trust. Integrity. Just like their clients - they've invested their own money into businesses, and want the confidence of having management & financial control, asset protection, trustworthy partners for on-the-ground support, and being legally compliant. They understand the anxiety. And, the good news is they've done all the ground work already - tried and tested it on your behalf, so to speak - so they are best positioned to help you setup your UAE company the right way, and provide complementary business support services. #GatewayToUAE #ReassuringlyHonest