Browsing: Business

Jebel Ali Free Zone (Jafza) is a major contributor to the growing trade between India and the UAE. There’s been a significant increase in Indian businesses setting up there, with 28% more new companies in 2023 compared to the previous year. This resulted in over 190 new Indian businesses and a total of more than 1,500 Indian companies in Jafza. This growth follows trade events held in India to connect with potential businesses.

The UK’s fishing fleet has been denied access to Russia’s resource rich Arctic fishing grounds, after Russian President Vladimir Putin signed a law that ends a longstanding agreement allowing British vessels operate in the Barents Sea. The document was published on Russia’s official website for legal information on Monday.

Hiring in the United States stayed robust in February while unemployment crept up, government data showed Friday, a potentially encouraging sign for policymakers hoping to cool the economy without tipping it into a downturn.

RAS AL KHAIMAH – Ras Al Khaimah Economic Zone (RAKEZ) dedicates its efforts to fostering the growth of over 21,000 companies from 100 countries across more than 50 sectors. RAKEZ is steadfast in supporting the vibrant ecosystem of international business and entrepreneurial success.