RAS AL KHAIMAH/WAM Ras Al Khaimah Economic Zone (RAKEZ) announced a significant milestone in 2024, with 13,141 new companies joining its thriving ecosystem. This represents an impressive 66% growth in new registrations compared to 2023. With this achievement, RAKEZ is now home to nearly 30,000 multinational companies, reinforcing its status as a leading global hub for business excellence. The growth ...

ABU DHABI/WAM The Federal Tax Authority (FTA) has confirmed that its digital VAT refund systems, including the VAT-refund system for UAE nationals for the construction of new residences and the VAT-refund system for tourists, achieved outstanding results in 2024 due to a continuous development of digitalisation plans, implemented by the FTA over the calendar year. The FTA also announced on ...

KHAN YUNIS/WAM As part of the ongoing efforts of the United Arab Emirates within Operation Chivalrous Knight 3, a project to urgently repair sewage networks in various areas within the Khan Yunis Municipality, Gaza, was announced on Saturday. The project addresses the urgent needs of Gazans, who are facing a humanitarian disaster and a complete collapse of infrastructure. State Officials ...