Page 2 - Rakez Group News Today

The total number of holding companies in Ras Al Khaimah Economic Zone (Rakez) has risen 35% to 329 in the first eight months (8M) of 2023 compared to the same period last year.

Ras Al Khaimah Economic Zone (Rakez) has been recording heightened interest from Chinese companies looking to navigate the business landscape and strategic investment opportunities in the UAE.

The Ras Al Khaimah Economic Zone (Rakez) team has concluded a successful business tour in Canada aimed at building strategic ties with Canadian investors and showcasing the multitude of opportunities that the emirate offers.

Ras Al Khaimah Economic Zone (Rakez) said it has taken a significant step towards expanding economic co-operation between the UAE and Israel by signing a strategic agreement with the Manufacturers’ Association of Israel (MAI).

Ras Al Khaimah Economic Zone (Rakez) has announced the addition of over 1,500 new companies during Q2, thus representing a 132% jump over last year. Of these new firms, the lions share (650 companies) was from the general trading and commercial sectors.

Fala Group, a multinational family business with interests in key sectors including construction, asphalt plant, real estate and building materials, celebrated a decade of successful operations and accelerated growth in Ras Al Khaimah Economic Zone.

Ras Al Khaimah Economic Zone (Rakez) has announced the successful establishment of Royse Furniture Industries in its Al Hamra Industrial Zone.

Ras Al Khaimah Economic Zone (Rakez) and the Ukrainian Business Council (UBC) have signed an agreement to boost economic collaboration, paving the way for greater investment prospects.

A top delegation from Ras Al Khaimah Economic Zone (Rakez) has concluded its trip to China, where it effectively showcased to investors across five major cities the exceptional benefits of expanding business to Ras Al Khaimah (RAK).

Ras Al Khaimah Economic Zone (Rakez) discussed the role of industrial zones in attracting foreign investors at a key industry event held in Abu Dhabi. It also shared insights on leveraging industrial zones to propel UAEs manufacturing sector growth.