RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) welcomed 1,839 new companies in the first quarter of 2023, representing 122% growth compared to the same period in 2022, indicating a strong start to the year for the economic zone. Rakez Group CEO Ramy Jallad commented on this achievement: “We are thrilled to welcome 1,839 new companies to …

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has separately received two high-level diplomatic delegations from Bahrain and Cuba to discuss best practices and regulations for serving the interests of its members and the private sector in Sharjah and the UAE. The meetings also focussed on enhancing economic relations between business communities and exploring investment opportunities in …

ABU DHABI / WAM The United Arab Emirates, represented by the Ministry of Finance (MoF), is participating in the 2023 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF), which will be held in Washington from April 10-16. The UAE delegation is headed by Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs. …