UAE Weekly Business News 09/05/22
Welcome to Gateway's 85th weekly roundup of business headlines in the UAE. This resource aims to help you quickly and conveniently keep in touch with business in Abu Dhabi and Dubai.
Click the headlines below to go directly to the articles. The source is in purple.
UAE trade licence and visa-related headlines
Deliveroo UAE scraps plans to cut wages for riders (The National 02/05/2022)
‘Can my employer terminate me without notice?’ (The National 08/05/2022)
UAE bilateral trade-related headlines
Noticeable increase in Japan's imports of UAE crude oil in March (WAM 03/05/2022)
UAE-India trade deal is new phase of globalisation (WAM 03/05/2022)
UAE economy-related headlines
UAE receives first shipment of duty-free jewellery from India valued at $1 million (The National 03/05/2022)
These degrees could lead you to the highest paying jobs in UAE (The National 03/05/2022)
CBUAE raises Base Rate by 50 basis points (WAM 04/05/2022)
How blockchain’s disruptive potential is paying off for the UAE (The National 04/05/2022)
What does the US Federal Reserve's interest rate rise mean for UAE residents? (The National 05/05/2022)
Mena M&A deal values rise 11% in first quarter of 2022 (The National 05/05/2022)
Dubai the most profitable city in the world for Airbnb landlords (The National 06/05/2022)
Dubai ranked first globally in attracting FDI projects in 2021 (WAM 08/05/2022)
Abu Dhabi launches competitive 'Summer Like You Mean It' campaign (WAM 08/05/2022)
DoH to showcase prominent services for medical tourists at ATM 2022 (WAM 08/05/2022)
Documentary charts inside story of Dubai's fight against Covid-19 (The National 08/05/2022)
Non-oil business activity in Arab world's largest economies improved in April (The National 09/05/2022)
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Gateway Group Of Companies
The Gateway Group Of Companies helps organizations to mitigate the risks of getting licensed to do business in the UAE. We were established back in 2014 to provide no-nonsense, transparent and well communicated services, as a result of witnessing the troubles companies encountered when doing their company formation in Abu Dhabi and Dubai.
Establishing a presence in the UAE doesn't need to be difficult, providing you engage the right expertise at the outset. We are just like you - we have invested our own money to establish our businesses in the UAE, so unlike a sales team, we understand and can empathize with the anxieties and risks of doing business overseas and the implications of making the wrong decisions. We are best positioned to provide, on-the-ground, practical advice from first hand experience. Hence, our services are designed to give you full control of your business, protect your assets and keep your profits. After all, this is exactly what we want for our own businesses too.
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Gateway Group Of Companies
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Written by Jenny Hunt, Founding Partner & Strategic Advisor to the Gateway Group of Companies, Abu Dhabi & Dubai UAE
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