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World Bank’s Doing Business 2019 Report hails UAE

H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, has underlined the paramount significance of the recent achievement notched by the emirate on the World Bank’s Doing Business 2019 Report.

According to the ‘Doing Business 2019 in Ras Al Khaimah’ report, the emirate has shown “significant improvement” as a result of reforms introduced by federal authorities in four areas: starting a business, dealing with construction permits, registering property and enforcing contracts. The report is the third Subnational ‘Doing Business’ benchmarking in the emirate. It investigates regulations that enhance business activity and those that constrain it, providing quantitative indicators in Ras Al Khaimah business environment, and noting how they compare with measures from 190 economies worldwide.

H.H. Sheikh Saud made the remarks while attending a presentation on the findings of the World Bank’s report in the presence of H.H. Sheikh Mohammed bin Saud bin Saqr Al Qasimi, Crown Prince of Ras Al Khaimah and Chairman of Ras Al Khaimah Executive Council, and a number of top government executives.

Sheikh Saud praised the teamwork spirit maintained by local departments and institutions, affirming the importance of continuing to develop the local government work system and benefitting from relevant reports issued by international organisations.

The achievement falls in line with the UAE Vision 2021 and Ras Al Khaimah Strategic Plan developed under the directives of RAK Ruler, with the follow-up of the emirate’s Crown Prince.

Source: WAM

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One comment

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