RAKEZ Business Community Reaches 50,000 Companies
Ras Al Khaimah Economic Zone (RAKEZ) has announced that its business community now comprises 50,000 active companies, reflecting sustained investor confidence and the zone's diverse offerings.
Ras Al Khaimah Economic Zone (RAKEZ) has marked a significant milestone, with 50,000 active companies now operating within its business community. This achievement underscores growing investor confidence in Ras Al Khaimah's economic environment and its effectiveness in attracting a wide range of businesses, from entrepreneurs and SMEs to manufacturers and multinational corporations.
Growth and Diversification
Ramy Jallad, Group CEO of RAKEZ, highlighted that the milestone represents the trust built within the business community and the economic zone's role in supporting growth, job creation, and industrial advancement. The diverse RAKEZ community includes companies from over 100 countries and more than 50 sectors. This broad spectrum of activities includes key industrial and manufacturing segments such as engineering, industrial equipment, building materials, food and beverage, electronics, metals, apparel, and both advanced and light manufacturing. The wider business ecosystem also encompasses general trading, e-commerce, media and marketing, wholesale and distribution, and professional services.
Future Focus and International Outreach
RAKEZ plans to build on this momentum by enhancing customer experience, expanding digital capabilities, strengthening infrastructure, and forging strategic partnerships. These efforts aim to open up further opportunities for businesses and support Ras Al Khaimah's long-term economic diversification goals. To attract new investors and deepen engagement, RAKEZ has actively conducted international roadshows, business missions, and established partnerships in key regions, including India, Europe, and China, further solidifying the emirate's position as a global business hub.
Questions, answered
- How many companies are now operating within RAKEZ?
- RAKEZ has reached a milestone of 50,000 active companies within its business community.
- What kind of businesses are part of the RAKEZ community?
- The RAKEZ community is highly diverse, spanning over 50 sectors including manufacturing, engineering, building materials, food and beverage, electronics, general trading, e-commerce, media, marketing, and professional services.
- From how many countries do RAKEZ companies originate?
- Companies within RAKEZ originate from more than 100 countries, highlighting its international appeal.
- What are RAKEZ's future development plans?
- RAKEZ plans to enhance customer experience, expand digital capabilities, strengthen infrastructure, and foster strategic partnerships to support business growth and Ras Al Khaimah's economic diversification.
- How does RAKEZ attract international investors?
- RAKEZ conducts international roadshows, business missions, and partnerships in key regions like India, Europe, and China to connect global businesses with Ras Al Khaimah's investment landscape.
This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.
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