The United Arab Emirates (UAE) has confirmed that its residents will be able to travel to Armenia without a visa starting July 1, 2025. This new move is expected to boost tourism and make travel easier between the two countries. Previously, only UAE citizens could enter Armenia without a visa. UAE residents needed a visa…
The United Arab Emirates has announced the launch of the world’s first Machine Economy Free Zone (MEFZ), setting a new global benchmark for AI, robotics, and blockchain integration. The initiative is led by PEAQ, a blockchain platform built for the Machine Economy, in partnership with Pulsar Group, an Emirati venture builder focused on emerging technologies.…
Ras Al Khaimah Economic Zone (RAKEZ), a rapidly growing business and industrial hub in the UAE, will participate in the fifth edition of Big 5 Construct Egypt, taking place from June 17 to 19, 2025, at the Egypt International Exhibition Center (EIEC) in Cairo. The event, recognized as Egypt’s largest construction industry expo, attracts professionals…
The UAE’s Federal Tax Authority (FTA) has started issuing refunds to businesses penalized for missing corporate tax registration deadlines, providing welcome relief, especially for small and medium enterprises (SMEs). These refunds follow the FTA’s May 2025 announcement offering an automatic waiver or refund of the AED 10,000 late registration penalty, provided businesses submit their corporate…
The Ministry of Industry and Advanced Technology (MoIAT) has signed two pivotal Memorandums of Understanding (MoUs) aimed at accelerating the UAE’s industrial and economic development. The agreements were formalized during the fourth edition of the “Make it in the Emirates” forum held at the Abu Dhabi National Exhibition Centre. The first MoU was signed between…
In a pioneering move to enhance investor protection and strengthen digital financial regulation, the United Arab Emirates has officially introduced a ‘finfluencer licence.’ Announced by the Securities and Commodities Authority (SCA) on May 28, 2025, the new licence mandates that all individuals sharing financial or investment advice through digital or traditional media must now be…