UAE Weekly Business News 23/01/23

Gateway Group's UAE Weekly Business News. Abu Dhabi and Dubai trade, investment and economy headlines.

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UAE Weekly Business News, Issue 120. 23rd January 2023.

Abu Dhabi and Dubai trade license, entrepreneur, employment and visa-related news headlines

• Deadline for UAE employment contract changes nears (The National 23/01/2023)

• Masdar City, ADGM sign agreement to create new pathways for Abu Dhabi businesses (WAM 19/01/2023)

• Ministry of Human Resources and Emiratisation calls on employers to register domestic workers in WPS (WAM 19/01/2023)

• Rise of AI creates job worries, UAE survey finds (The National 19/01/2023)

• What are the most in-demand jobs in the UAE and Saudi Arabia? (The National 18/01/2023)

• UAE schools to train Emirati teachers from scratch (The National 18/01/2023)

• MoHRE Customer First Forum attracts over 8,200 participants (WAM 16/01/2023)

UAE bilateral trade news headlines

• DMCC, Bharat Subcontinent Agri Foundation to boost UAE agri commodities trade with South Asia (WAM 23/01/2023)

• Abdullah bin Zayed, Italian Foreign Minister discuss advancing bilateral relations (WAM 21/01/2023)

• Masdar to develop 5 GW of renewable energy projects to advance Africa’s clean energy (WAM 20/01/2023)

• UAE Consul-General meets Second Vice President of Zanzibar (WAM 20/01/2023)

• President Sheikh Mohamed receives call from Zelenskyy (The National 20/01/2023)

• AD Ports Group signs major maritime and port framework agreements with Angolan organisations (WAM 19/01/2023)

• Thani Al Zeyoudi outlines how trade is catalyst of growth at WEF Annual Meeting in Davos (WAM 19/01/2023)

• DEWA showcases its sustainability projects to French, Cuban delegations (WAM 19/01/2023)

• King of Bahrain receives UAE President at his residence in Abu Dhabi (WAM 19/01/2023)

• Tahnoun bin Zayed participates in meeting with national security advisors of Bahrain, US, Israel (WAM 19/01/2023)

• UAE President receives Chairman of Oman's Shura Council (WAM 19/01/2023)

• Indian minister in charge of Gulf to visit UAE (WAM 19/01/2023)

• US, UAE, Bahrain and Israel vow to expand Abraham Accords (The National 20/01/2023)

• UAE signs international cooperation agreements during WEF (WAM 18/01/2023)

• DMT partners with Korean entities to promote use of low-carbon hydrogen in public transportation (WAM 18/01/2023)

• UAE President receives Egyptian President (WAM 18/01/2023)

• Mohammed bin Rashid meets President of Kazakhstan (WAM 18/01/2023)

• UAE President receives phone call from US Vice President (WAM 18/01/2023)

• Sheikha Fatima receives Queen of Jordan (WAM 18/01/2023)

• UAE President receives President of Palau (WAM 18/01/2023)

• UAE President hosts fraternal consultative meeting with a number of leaders of GCC countries, Jordan, Egypt in Abu Dhabi (WAM 18/01/2023)

• Shakhbout bin Nahyan Al Nahyan delivers opening speech at Ghana Business Forum (WAM 18/01/2023)

• India UAE Partnership Summit boosts economic ties (WAM 18/01/2023)

• AD Ports Group partners with Kazakh National Oil Company, Ministry of Industry and Infrastructural Development (WAM 18/01/2023)

• UAE participates in G20 Finance Track’s First Infrastructure Working Group meeting (WAM 18/01/2023)

• UAE discusses economy, space, education challenges, future opportunities at World Economic Forum (WAM 17/01/2023)

• UAE and Kazakh Presidents discuss bilateral relations (WAM 17/01/2023)

• Ahmed Al Sayegh discusses strengthening bilateral relations with Prime Minister of Tonga (WAM 17/01/2023)

• UAE President receives President of Kazakhstan (WAM 17/01/2023)

• UAE, Japan sign agreements to help accelerate energy transition and tech adoption in industry (WAM 17/01/2023)

• ADNOC explores commercial-scale ammonia cracking plants with Germany-based thyssenkrupp to progress global clean-energy value chain (WAM 17/01/2023)

• DFM concludes its investor roadshow in New York (WAM 17/01/2023)

• UAE-Korea Business Forum discusses economic cooperation and investment opportunities (WAM 17/01/2023)

• ADEX signs agreement with Korea Trade Insurance Corporation to promote trade and investment (WAM 17/01/2023)

• Masdar partners with Azerbaijan’s SOCAR to develop renewable energy Projects with 4GW capacity (WAM 17/01/2023)

• Sheikh Abdullah receives Japan's Minister of Economy, Trade and Industry (WAM 16/01/2023)

• Korean Ambassador: Success of Barakah represents power of international collaboration (WAM 16/01/2023)

• Suhail Al Mazrouei meets Malaysian Minister of Natural Resources, Environment and Climate Change (WAM 16/01/2023)

• Suhail Al Mazrouei meets French Minister of Energy Transition (WAM 16/01/2023)

• UAE President meets with world leaders on sidelines of World Future Energy Summit (WAM 16/01/2023)

UAE business and economy-related news headlines

• Few UAE investors rely on social media influencers for financial advice (The National 23/01/2023)

• Scaling up carbon capture in the Mena region (The National 23/01/2023)

• Abu Dhabi clinics to ask about mental health during visits (The National 23/01/2023)

• FTA opens pre-registration for corporate tax through EmaraTax platform (WAM 22/01/2023)

• Strata reports record-breaking year, looks forward to further success in 2023 (WAM 22/01/2023)

• Dubai wins 232 bids for business events in 2022, almost twice as many as 2021 (WAM 22/01/2023)

• Dubai Culture, Tashkeel partner to cement Dubai’s creative sector (WAM 22/01/2023)

• Dubai Customs completes 25.7m transactions, 2,147 seizures in 2022 (WAM 22/01/2023)

• Strata reaches 'production milestone' (The National 22/01/2023)

• New roads and bridges open in Dubai Silicon Oasis (The National 22/01/2023)

• Dubai's Bentley and Rolls-Royce dealers see boom in demand (The National 22/01/2023)

• Masdar, ADNOC, bp, Tadweer and Etihad Airways explore production in the UAE of sustainable aviation fuel (WAM 20/01/2023)

• Dubai's weeklong real estate transactions exceed AED13b (WAM 20/01/2023)

• From ADSW to COP28: UAE’s pioneering journey leading up to the Year of Sustainability (WAM 20/01/2023)

• ‘Year of Sustainability’ reflects UAE’s commitment to promote sustainability in all fields and sectors (WAM 20/01/2023)

• ADNOC Distribution to decarbonise operations, reduce carbon intensity by 25% by 2030 (WAM 20/01/2023)

• TAQA acquires stake in Taweelah B IWPP project (WAM 20/01/2023)

• Dubai 2nd best city in the world for expats (WAM 20/01/2023)

• UAE President announces 2023 as ‘Year of Sustainability' (WAM 20/01/2023)

• Middle East and Africa hotel pipeline activity shines globally (The National 20/01/2023)

• Adnoc Distribution aims to cut carbon intensity by 25% by 2030 (The National 20/01/2023)

• Mena region has immense potential to generate renewable energy (The National 20/01/2023)

• WIZZ AIR Abu Dhabi inaugurates first flight to Türkiye (WAM 19/01/2023)

• Women investors play vital role in Dubai real estate sector’s growth (WAM 19/01/2023)

• Abu Dhabi to host UNCTAD’s World Investment Forum in October (WAM 19/01/2023)

• AED25.7b value of FAB's financing for sustainable projects in 2022 (WAM 19/01/2023)

• UAE plans first food-grade plastic recycling plant (WAM 19/01/2023)

• TA’ZIZ, Proman sign shareholders’ agreement to develop UAE’s first Methanol facility (WAM 19/01/2023)

• ADGM’s Abu Dhabi Sustainable Finance Forum charts path to upcoming COP28 (WAM 19/01/2023)

• Etihad Airways doubles daily flights To Jakarta (WAM 19/01/2023)

• ADNOC distribution, TAQA reveal E2GO to provide EV charging points across UAE (WAM 19/01/2023)

• BEEAH Recycling to launch UAE’s first EV battery recycling facility (WAM 19/01/2023)

• UAE one of leading countries globally in combatting terrorism (WAM 19/01/2023)

• Bringing clinical trials to Abu Dhabi (WAM 19/01/2023)

• Middle East economies set to grow despite global challenges (The National 19/01/2023)

• Adnoc Distribution and Taqa to set up joint venture for EV infrastructure (The National 19/01/2023)

• UAE securities regulator plans to develop carbon-trading mechanism (The National 19/01/2023)

• MoIAT issues ministerial decision regulating trade of recycled plastic water bottles (WAM 18/01/2023)

• ADNOC announces world’s first fully sequestered CO2 injection project in carbonate rock (WAM 18/01/2023)

• MBZUAI, IBM launch AI Centre of Excellence (WAM 18/01/2023)

• ADNOC named UAE’s most valuable brand worth $14.2b for 5th consecutive year (WAM 18/01/2023)

• e& named MEA’s most valuable portfolio of telecom brands, by Brand Finance (WAM 18/01/2023)

• UAE bourses continue to rally (WAM 18/01/2023)

• Tadweer signs five operation contracts worth over AED2b (WAM 18/01/2023)

• ADDC unveils AED20m investment to reduce electricity consumption in Abu Dhabi mosques (WAM 18/01/2023)

• Dubai sees completion of 55 real estate projects worth AED11.9b in 2022 (WAM 18/01/2023)

• Etihad, Satavia sign agreement to deliver contrail management, future carbon credits (WAM 18/01/2023)

• Department of Energy - Abu Dhabi launches 'Water Management in District Cooling Plants' policy (WAM 18/01/2023)

• Aldar plans to start 12 new projects this year amid UAE property market recovery (The National 18/01/2023)

• UAE launches index to track economic opportunities of future (The National 17/01/2023)

• Why decarbonising the aluminium industry is key to achieving the UAE's net-zero goal (The National 17/01/2023)

• Ministry of Finance, Dubai Free Zones Council sign MoU on exchange of information for tax purposes (WAM 17/01/2023)

• New advanced Emergency Department launched in Mussafah to cater to industrial workforce (WAM 17/01/2023)

• UAE President issues Federal Law to establish National Media Office (WAM 17/01/2023)

• Investments by Dubai Future District Fund advance economic contribution from future-focused start-ups (WAM 17/01/2023)

• UAE industry and energy ministries join forces with Schneider Electric to boost energy efficiency in industry (WAM 17/01/2023)

• EWEC’s Q4 2022 Clean Energy Certificates auction yields biggest results since inception (WAM 16/01/2023)

• Emirates to expand mainland China operations (WAM 16/01/2023)

• Barakah Plant a catalyst of innovation in UAE's clean energy transition: Mohamed Al Hammadi (WAM 16/01/2023)

• Dubai’s annual real estate transactions cross AED500b in 2022 (WAM 16/01/2023)

• DFSA releases 2023-2024 Business Plan to support Dubai’s growth as futuristic financial services hub (WAM 16/01/2023)

• DMCC E-commerce Ecosystem to boost MENA region’s $32b e-commerce sector (WAM 16/01/2023)

• NHRC to prepare for national report on 'Universal Periodic Review' of human rights (WAM 16/01/2023)

• UAE aims to be among top 10 hydrogen-producing countries globally (The National 16/01/2023)

• Dubai property market performance was exceptional in 2022, says Sheikh Hamdan (The National 16/01/2023)

• Dubai sets record for ultra-luxury home deals in 2022 (The National 16/01/2023)

Abu Dhabi Tender Opportunities

• EWEC issues Request for Proposals for developing Al Ajban Solar Photovoltaic Independent Power (WAM 18/01/2023)

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Written by Jenny Hunt

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

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