RAK to reduce trade licenses fees for businesses in remote areas

Ras Al Khaimah: Trade licenses fees for businesses in Ras Al Khaimah’s remote areas will be reduced to support economic development and investments in these areas, it was announced on Wednesday. The reduction decision was approved yesterday during Ras Al Khaimah’s Executive Council meeting chaired by Shaikh Mohammad Bin Saud Bin Saqr Al Qasimi, Crown Prince of Ras Al Khaimah. The move aims to meet the growing demands of residents of remote areas and to remove obstacles standing in the way of opening new businesses.