UAE Weekly Business News 26/12/22
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UAE Weekly Business News, Issue 116. 26th December 2022.
Abu Dhabi and Dubai trade license, entrepreneur, employment and visa-related news headlines
UAE Public Prosecution orders arrest of company director who faked employment of over 40 Emiratis (WAM 23/12/2022)
25,000 Emirati women entrepreneurs own 50,000 trade licences valued at AED60b in 2021 (WAM 22/12/2022)
Ministry of Economy imposes fines exceeding AED3m on six DNFBP companies for violating AML legislation (WAM 21/12/2022)
Payment of vacation contributions raises the pension rate or end-of-service benefit, confirms the GPSSA (WAM 21/12/2022)
Tabreed's foreign ownership increases to maximum capacity (WAM 20/12/2022)
Ministry discusses Emiratisation progress with major UAE recruitment agencies (WAM 19/12/2022)
Emiratisation can transform UAE labour market, says minister (The National 19/12/2022)
UAE bilateral trade news headlines
UAE, Canada discuss cooperation in transport sector (WAM 22/12/2022)
50th anniversary year of Japan-UAE ties finds increased official interactions, new era of cultural relations: Japanese envoy (WAM 22/12/2022)
Eswatini keen to boost commercial, investment relations with UAE: King Mswati III (WAM 22/12/2022)
Emirati, Kazakh relations a successful model of bilateral cooperation: Ambassador of Kazakhstan (WAM 22/12/2022)
ADJD presents its judicial and legal services to US, Canadian police delegations (WAM 22/12/2022)
UAE–Brunei Darussalam Joint Committee convenes in Abu Dhabi (WAM 21/12/2022)
UAE, Morocco discuss strategic relations and cooperation (WAM 21/12/2022)
Dubai Chambers connects Canadian food and beverage trade mission to local market (WAM 20/12/2022)
Developing Arabic language application for AI with Israel, UAE cooperation will benefit entire region (WAM 20/12/2022)
Abu Dhabi selects French consortium for Phase 2 of Road Lighting LED project (WAM 19/12/2022)
UAE President, King of Jordan discuss bilateral relations in phone call (WAM 19/12/2022)
Dubai International Financial Centre and UK government boost data transfer partnership (The National 19/12/2022)
UAE business and economy-related news headlines
Dubai Chamber of Commerce launches Fintech & Payments Business Group (WAM 26/12/2022)
DEWA’s hydroelectric power plant in Hatta is 58.48% complete (WAM 26/12/2022)
Dubai Police Traffic campaigns benefit 10M people over last three years (WAM 25/12/2022)
RTA begins Phase I of Sheikh Rashid bin Saeed Corridor Project (WAM 25/12/2022)
Dubai Customs’ Air Cargo Centres deal with 81b items of goods in 2022 (WAM 25/12/2022)
DEWA 9th Sustainability Report showcases its progress in sustainable development (WAM 25/12/2022)
First phase of Ras Al Khor road improvements complete (The National 25/12/2022)
42 Abu Dhabi celebrates year of empowering coders to shape digital future of Abu Dhabi (WAM 23/12/2022)
Dubai records over AED9.1b in weeklong real estate transactions (WAM 23/12/2022)
FAB, Magnati, and PayRow Net partner to create payment solution for Dubai’s ports sector (WAM 23/12/2022)
Department of Health – Abu Dhabi boosts sector’s preparedness for cyber challenges (WAM 23/12/2022)
Flydubai expects double-digit operational growth in 2023, CEO says (The National 23/12/2022)
Benefits of UAE boarding schools and why fees can reach AED239k a year (The National 23/12/2022)
How Dubai schools adapted to a 4.5-day week in 2022 (The National 23/12/2022)
Hamdan bin Zayed inaugurates new waterfront destinations in Al Dhafra, Mugheirah Bay, Mamsha Al Mugheirah (WAM 22/12/2022)
CBUAE issues new guidance on anti-money laundering and combatting financing of terrorism for insurance sector (WAM 22/12/2022)
UAE Ministry of Finance launches corporate tax public awareness programme (WAM 22/12/2022)
Dubai reaffirms status as leading global destination for gastronomy (WAM 22/12/2022)
'The Economist' highlights UAE's energy transition efforts (WAM 22/12/2022)
Dubai Future Foundation launches new report on future of the metaverse (WAM 22/12/2022)
Federal Tax Authority reminds taxpayers to benefit from administrative penalty re-determination facility before 31st December (WAM 22/12/2022)
Mariam Almheiri reiterates UAE’s support for adoption of global biodiversity framework at COP15 (WAM 22/12/2022)
Dubai tops Mena in Global Power City Index 2022 (The National 22/12/2022)
Dubai Chamber of Commerce launches new group to promote events industry (The National 22/12/2022)
Abu Dhabi unveils policy governing service provision by utilities (The National 22/12/2022)
The best places to work in the GCC public sector in 2022 (The National 22/12/2022)
UAE property: Does the DLD’s rent valuation supersede Rera's index? (The National 22/12/2022)
UAE economy survived economic impact of COVID-19: IMF Official (WAM 21/12/2022)
Abu Dhabi’s ASPIRE announces four visiting international professorships in energy, aerospace, mobility, and sustainability (WAM 21/12/2022)
AmCham Abu Dhabi’s Annual Roundtable Summit to discuss business opportunities and challenges (WAM 21/12/2022)
ADNOC acquires 24.9% stake in OMV (WAM 21/12/2022)
RTA approves Strategic Plan 2023-2030 aligned with Dubai Urban Plan 2040 (WAM 21/12/2022)
Airbnb launches one-stop hub for remote workers in Dubai (WAM 21/12/2022)
Abu Dhabi Department of Energy launches consumer protection policy (WAM 21/12/2022)
UAE cuts road deaths by two thirds in 10 years (The National 21/12/2022)
GCC IPOs expected to keep shining in 2023 (The National 21/12/2022)
GCC IPO bonanza set to continue next year amid booming economies (The National 21/12/2022)
National banks’ financing of trade, industry sectors totalled AED37.2b in 9 months : CBUAE (WAM 20/12/2022)
ADNEC Group receives first Kitemark Innovation Management Certification within the events sector (WAM 20/12/2022)
Executive Office of Anti-Money Laundering and Counter Terrorism Financing, FANR sign MOU (WAM 20/12/2022)
Banking, realty sectors continue to drive UAE financial markets (WAM 20/12/2022)
Hatta Honey Festival to showcase products of over 50 Emirati beekeepers (WAM 20/12/2022)
EIAC receives international recognition for its healthcare accreditation standard (WAM 20/12/2022)
AAU ranked 2nd in UAE and 168 worldwide in '2022 UI Greenmetric Ranking' (WAM 20/12/2022)
MoHRE announces January 1 as New Year holiday for private sector in UAE (WAM 20/12/2022)
Abu Dhabi's G42 and AstraZeneca team up to manufacture pharmaceutical products in the UAE (The National 20/12/2022)
'World’s Coolest Winter' campaign launches new website (WAM 19/12/2022)
CBUAE projects real GDP to grow by 7.6 % in 2022 (WAM 19/12/2022)
NEXT50 commences phase 1 deployment of biometrics initiative at Abu Dhabi International Airport (WAM 19/12/2022)
EDGE to collaborate with Abu Dhabi Maritime Academy for fire safety, maritime training (WAM 19/12/2022)
TECOM Group breaks ground on Innovation Hub Phase 2 in Dubai Internet City (WAM 19/12/2022)
ADJD launches awareness-raising campaign for workers in labour camps (WAM 19/12/2022)
Dubai retains title as world's busiest international airport (The National 19/12/2022)
Amanat creates largest pan-GCC post-acute care platform (The National 19/12/2022)
Online FMCG sales growth significantly outpaces overall market in UAE and Saudi Arabia (The National 19/12/2022)
DIFC's contribution to UAE's economic output on the rise, governor says (The National 19/12/2022)
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Written by Jenny Hunt
Founder, Gateway Group, Abu Dhabi & Dubai, United Arab Emirates
FORBES' Top 100 Most Influential Women in the Middle East