UAE Weekly Business News 31/01/22
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UAE Weekly Business News, Issue 71. 31st January 2022.
Trade licence and visa-related headlines
e-Trader licence records 6% growth during 2021 (WAM 24/01/2022)
How easy is it to change jobs under the new UAE labour law? (The National 30/01/2022)
‘Can my employer delay visa cancellation after the notice period?’ (The National 30/01/2022)
Bilateral trade-related headlines
Federation of UAE Chambers, Malta Chamber sign MoU to expand trade and industrial cooperation (WAM 24/01/2022)
Gargash meets High Representative for the Horn of Africa (WAM 25/01/2022)
GBF Latin America 2022 in Dubai to explore prospects for new economic partnerships (WAM 27/01/2022)
UAE set to remain Russian tourists' preferred GCC destination (WAM 27/01/2022)
Sheikh Mohamed bin Zayed meets President of Slovakia (The National 27/01/2022)
Abdullah bin Zayed meets Andorra’s PM at Expo 2020 Dubai (WAM 28/01/2022)
MoF Under-Secretary meets with Chairman of Australia-UAE Business Council (WAM 28/01/2022)
Sheikh Abdullah bin Zayed meets Andorra's prime minister (The National 28/01/2022)
Mohamed bin Zayed receives Ethiopian PM (WAM 29/01/2022)
Mohamed bin Zayed receives President of Israel (WAM 30/01/2022)
Abdullah bin Zayed meets with Governor-General of Australia at Expo 2020 Dubai (WAM 30/01/2022)
Mohamed bin Zayed, President of Israel review prospects of cooperation (WAM 30/01/2022)
UAE business and economy-related headlines
Dewa opened 16 new substations worth $790m in 2021 (The National 23/01/2022)
One year extension on grace period to benefit from re-determination of administrative penalties (WAM 24/01/2022)
ADX welcomes approval of region’s first SPAC regulatory framework (WAM 24/01/2022)
MoHAP launches world's first Metaverse customer happiness service centre (WAM 25/01/2022)
Khalifa bin Zayed issues new family business ownership governance law (WAM 25/01/2022)
Abu Dhabi residential capital values hit five-year high (The National 25/01/2022)
Jafza's strategic pillars reinforce Dubai’s leading position in healthcare, pharmaceuticals trade, manufacturing (WAM 26/01/2022)
ADNOC named UAE’s most valuable brand worth AED47bn, for 4th consecutive year (WAM 26/01/2022)
Etisalat named world's strongest telecom brand with US$12.5 bn portfolio (WAM 26/01/2022)
Anti-money laundering and terrorism financing unit says UAE seized Dh2.3bn in 2021 (The National 26/01/2022)
Six months in jail and Dh100,000 fine for flying drones in the UAE (The National 26/01/2022)
Dubai's luxury home prices rose 41% in fourth quarter of 2021 (The National 26/01/2022)
Abu Dhabi scraps 20,000 requirements for business set-up to attract investors (The National 26/01/2022)
Executive Council of Dubai approves Integrated Waste Management Strategy 2021-2041, with a budget of AED74.5 billion (WAM 27/01/2022)
UAE industrial exports hit AED120 billion, with 220 new factories going into service and beginning production (WAM 27/01/2022)
MoHAP, AWS ink MoU on cloud-based electronic medical record system (WAM 27/01/2022)
Taweelah plant to begin early commercial production of 100 million gallons per day in Q1, 2022 (WAM 27/01/2022)
Families with domestic workers urged to use new payment system (The National 27/01/2022)
How get a driving licence in the UAE: All you need to know about taking your test (The National 27/01/2022)
GCC companies to develop financial well-being plans for employees (The National 27/01/2022)
Abu Dhabi’s non-oil trade totalled AED190.2bn in 11 months (WAM 28/01/2022)
2021 saw exceptional results that will contribute to driving real estate sector in next 50 years (WAM 28/01/2022)
Dubai registers record property deals worth $82bn last year (The National 28/01/2022)
Institutional investors and government can make UAE a pharma hub (The National 28/01/2022)
Abu Dhabi's non-oil trade rises 3% to $51.8bn in January-November 2021 (The National 28/01/2022)
Abu Dhabi Maritime to manage operations and future growth of all ferry services operating within the Emirate (WAM 29/01/2022)
AED4.9bn in weeklong real estate transactions in Dubai (WAM 29/01/2022)
Public Prosecution to issue fines of up to Dh500,000 for illegal use of personal data (The National 29/01/2022)
Dubai third globally in attracting greenfield foreign direct investments (WAM 30/01/2022)
World's first hydrogen-powered flying boat, ‘THE JET,’ set to launch in Dubai (WAM 30/01/2022)
Dubai attracts $4.3bn in foreign direct investment in nine months (The National 30/01/2022)
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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