Holding companies in Rakez rise 35pc in 8M
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.
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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 lion's share (650 companies) was from the general trading and commercial sectors.