Government | Thursday 21 September, 2023 8:56 am

RAKEZ team visits China’s Guangdong province to boost trade and economic synergies

A delegation from Ras Al Khaimah Economic Zone (RAKEZ), led by Group CEO Ramy Jallad, successfully wrapped up its roadshow in China’s Guangdong province to foster deeper ties with local enterprises, prominent trade associations, and key government entities and explore new opportunities for...

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Government | Thursday 21 September, 2023 3:13 am

Saudi Arabia to rank among world’s strongest economies, works on Vision 2040: Crown Prince

Crown Prince Mohammed bin Salman said that Saudi Arabia will be one of the world’s strongest economies. It will rank among the world’s top seven economies globally if it goes on the right track.   In an interview with Fox News, the Crown Prince said that Saudi Arabia is working...

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Government | Wednesday 20 September, 2023 9:05 am

Cabinet approves law on selling, leasing off-plan real estate projects

The Saudi Cabinet, chaired by King Salman bin Abdulaziz Al Saud, approved a law on selling and leasing off-plan real estate projects.    In addition, the Cabinet greenlit several decisions, including amending the Law of Patents, Layout Designs of Integrated Circuits that was...

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Government | Wednesday 20 September, 2023 9:03 am

HRSD Ministry to verify expat worker qualifications before entering Kingdom

The Ministry of Human Resources and Social Development (HRSD), represented by the Professional Accreditation program, launched a service to verify the qualifications of expat workers, in cooperation with the Ministry of Foreign Affairs.   In a statement, the ministry said the service ...

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Government | Wednesday 20 September, 2023 8:59 am

Al Hogail: Law on selling, leasing off-plan projects is likely to raise investor confidence

Minister of Municipal, Rural Affairs and Housing Majed Al Hogail said that he looks forward to the Cabinet's approval of the law on selling and leasing off-plan real estate projects (Wafi Program), along with the rest of the real estate legislation, to enhance investor confidence in the Saudi real...

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Government | Monday 18 September, 2023 10:20 am

MoIAT delegation visits RAKEZ to explore industrial development opportunities

A delegation from the Ministry of Industry and Advanced Technology (MoIAT), led by His Excellency Omar Al Suwaidi, Undersecretary of MoIAT, visited Ras Al Khaimah Economic Zone (RAKEZ) to explore the business ecosystem and identify potential areas of collaboration to enhance the emirate’s...

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Government | Monday 18 September, 2023 9:34 am

Dubai Customs foils massive drug smuggling operation

Dubai Customs' Intelligence Department has achieved a significant milestone by intercepting a major drug smuggling attempt via air cargo. They successfully prevented the trafficking of 200,000 restricted narcotics and pills valued at approximately AED6.2 million.This operation is a crucial part of...

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Government | Sunday 17 September, 2023 11:46 am

Ministry of Municipal Affairs says 1.3 mln commercial licenses issued YTD

The Ministry of Municipal and Rural Affairs and Housing stated that the number of commercial licenses issued since the beginning of this year reached 1.31 million, Al Eqtisadiah newspaper reported.   It added that the licenses include restaurants, services, salons, residential and...

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Government | Saturday 16 September, 2023 1:47 am

Minister of Economy meets officials, investors from China, Hong Kong

Abdullah bin Touq Al Marri, Minister of Economy, held talks with high-level officials and investors from China and Hong Kong.During the talks, the two sides discussed ways of enhancing their economic relations and finding new opportunities to deepen the strategic partnership between the two...

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Government | Saturday 16 September, 2023 1:35 am

GAC files criminal cases against 43 establishments in car market

The General Authority for Competition (GAC) brought charges against several car agents and distributors, deciding to file criminal cases against 43 establishments in the sector and 24 in other segments. It will also hold investigations into the collusion of eight establishments for SAR 600 million...

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