UAE Weekly News Roundup 21/02/21
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UAE Weekly Business News, Issue 24. 21st February 2021.
Trade license-related headlines
2,025 new companies joined DMCC in 2020, highest in 5 years (WAM 15/02/2021)
Abu Dhabi Department of Economic Development closes down 354 commercial establishments in implementation of COVID-19 countermeasures (WAM 16/02/2021)
Dubai closes 32 food outlets for breaching Covid-19 rules this year (The National 16/02/2021)
Dubai travel agency shut down for selling Covid-19 tests on WhatsApp (The National 18/02/2021)
31 Dubai shops fined for breaking Covid rules (Khaleej Times 21/02/2021)
UAE bilateral trade relationship headlines
Trade in COVID-19 related products and medicines between UAE and Jordan grew 10% in 2020 (WAM 14/02/2021)
Hope Probe’s success ‘inspires’ South Korea’s space projects (WAM 14/02/2021)
Dubai, UK trade hit AED21.5bn in 2020 (WAM 14/02/2021)
Non-oil trade between UAE, Africa in first nine months of 2020 totals US$40.7 billion (WAM 15/02/2021)
Mubadala, Ukrainian companies to explore investment opportunities (WAM 15/02/2021)
Second UAE- France Forum kicks off at UAEU (WAM 15/02/2021)
Abu Dhabi Chamber signs economic cooperation agreement with Tel Aviv Chamber of Commerce (WAM 16/02/2021)
Shakhbout bin Nahyan meets President of Burkina Faso (WAM 16/02/2021)
UAE Consul General meets Health Minister of Iraqi Kurdistan (WAM 18/02/2021)
Mohamed bin Zayed meets Lebanese PM-designate Saad Hariri (WAM 19/02/2021)
Abdullah bin Zayed, Sudanese counterpart exploring boosting ties (WAM 19/02/2021)
Abdullah bin Zayed, Russian Minister of Trade discuss advancing strategic partnership (WAM 20/02/2021)
UAE Ambassador, Brazilian Minister of Infrastructure discuss cooperation (WAM 20/02/2021)
Sheikh Mohammed bin Rashid and Sheikh Mohamed bin Zayed meet Bahrain King in his Abu Dhabi home (The National 20/02/2021)
UAE calls for more tech collaboration among Arab allies (The National 20/02/2021)
UAE economy-related news headlines
Rising oil, faster vaccine rollout, Expo 2020 to accelerate UAE recovery in H2 (Khaleej Times 13/02/2021)
UAE Press: 'Thrive in Abu Dhabi' is a smart move to attract talent (WAM 14/02/2021)
ADGM enacts its new Data Protection Regulations 2021 (WAM 14/02/2021)
FTA continues inspection in local markets to ensure compliance with tax regulations (WAM 14/02/2021)
Ewec invites bids for major desalination plant in Abu Dhabi (The National 15/02/2021)
Dubai Airports saw 25.9 million passengers in 2020 (Gulf News 15/02/2021)
Migrant exodus weighs on GCC growth: S&P (Khaleej Times 15/02/2021)
Ministry of Energy and Infrastructure implements 129 development projects worth (WAM 16/02/2021)
UAE ranked first in MEA region in terms of foreign investments in biotechnology sector (WAM 16/02/2021)
Economic, commercial activities in UAE continue positive run in first half of February (WAM 16/02/2021)
Why the low interest rate environment is spurring UAE residents to refinance mortgages (The National 16/02/2021)
Will the UAE’s accelerated vaccine campaign help fuel economic growth? (The National 16/02/2021)
Abu Dhabi oil town Ruwais to halt visitor access for three weeks to control Covid-19 (The National 16/02/2021)
Rents at 10-year low: Should UAE residents buy homes? (Gulf News 16/02/2021)
UAE passes draft law to combat fake degrees (Gulf News 16/02/2021)
2m drivers’ licences processed in 2020 (Gulf News 16/02/2021)
Value of real estate transactions in Abu Dhabi in 2020 totalled AED74 billion (WAM 17/02/2021)
Over 340 million riders used mass transit means, shared transport, taxis in 2020 despite COVID-19 challenges (WAM 17/02/2021)
Dubai records AED6.74 billion in real estate sales in January 2021 (WAM 17/02/2021)
Hope Probe enhances UAE’s soft power, efforts for Arab World’s knowledge hub status (WAM 17/02/2021)
UAE in space: will the country soon have its first female astronaut? (The National 17/02/2021)
Regional energy industry requires 'substantial' capital post-Covid, Apicorp says (The National 17/02/2021)
Dubai developer expects UAE property market to recover by second half of 2021 (The National 17/02/2021)
Prison sentence and Dh50,000 fine for Covid-19 patients who do not report to authorities (The National 17/02/2021)
UAE most prepared country for B2C e-commerce in Middle East, says UN (Khaleej Times 17/02/2021)
Mental health support amid Covid only a call away now (Khaleej Times 17/02/2021)
RTA attracted over AED1 bn in foreign investment in 2020 (WAM 18/02/2021)
AED4.9 billion of weeklong real estate transactions in Dubai (WAM 18/02/2021)
Gulf defence spending to rebound to pre-pandemic levels by 2024, Janes says (The National 18/02/2021)
Fake CVs and degrees: tough action will remove blight on industry, recruiters say (The National 18/02/2021)
Home with a visa: Property-linked visas back in UAE (Gulf News 18/02/2021)
Gulfood 2021 returns with focus on safety, innovation, and sustainability (Khaleej Times 18/02/2021)
Organisations have a responsibility to ensure employee physical and mental health (Khaleej Times 18/02/2021)
Hospitality prospects remain intact (Khaleej Times 18/02/2021)
FNC proposes unifying legal fees and hiring Emiratis in international law firms in the UAE (The National 19/02/2021)
Covid-19 pandemic gives rise to telehealth services across Gulf (The National 19/02/2021)
How UAE camel cloning became an industry worth millions of dirhams (The National 19/02/2021)
UAE banks will find 2021 is no normal year either (Gulf News 19/02/2021)
Environment Agency reveals key challenges faced in Abu Dhabi (WAM 20/02/2021)
UAE jobs alert: Health ministry, hospitals are hiring (Khaleej Times 20/02/2021)
UAE is best in region for remote working (Khaleej Times 20/02/2021)
All 7 Emirates announce new, stricter Covid safety rules (Khaleej Times 20/02/2021)
Dubai Government jobs: Multiple openings available (Khaleej Times 20/02/2021)
Dubai's prime areas lifting real estate market
UAE stresses importance of digital technologies in achieving sustainable development (WAM 21/02/2021)
Idex 2021: UAE Armed Forces sign $1.37bn of military deals on day one (The National 21/02/2021)
UAE's new measures to combat money laundering (Khaleej Times 21/02/2021)
93% UAE residents proud to live in country: Survey (Khaleej Times 21/02/2021)
Dubai most Instagrammed city in region during spring (Khaleej Times 21/02/2021)
Written by Jenny Hunt
Founder, Gateway Group, Abu Dhabi & Dubai, United Arab Emirates
FORBES' Top 100 Most Influential Women in the Middle East
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