There's good news for those who do business at Jebel Ali Free Zone (JAFZA).
JAFZA has announced that it's waiving around AED 35 million in fines for its customers.
They'll also return cash and bank guarantees to clients through its new Workforce Protection Programme initiative that is set to be rolled out next September.
The move is expected to infuse AED 1.3 billion back into Dubai’s economy that companies can invest in their operations.
Abu Dhabi unveils major AI training programme for government and public
The Abu Dhabi Government has launched an AI training programme for every government employee as well as the wider public, built with OpenAI, Microsoft and Mohamed bin Zayed University of Artificial Intelligence (MBZUAI).
African Union launches continent's first credit rating agency
The African Union launched the continent's first credit rating agency on Wednesday, seeking to provide an alternative to the "big three" global ratings agencies as debt burdens weigh on many African economies.
e& reverts to Etisalat to pay homage to 50 years in business
The UAE telecommunications group e& has reverted its name to Etisalat in an effort to return to its "roots" following its 50th anniversary.
Dubai Retail to open new mall on Al Khail Road in 2027
Dubai Retail, under Dubai Holding Asset Management, has unveiled Skylight Mall, a shopping destination set to open on Al Khail Road in 2027.
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