2023-06-30 07:33:32
Ras Al Khaimah Economic Zones (RAKEZ) announced the joining of more than 1,500 new companies to its business community during the second quarter of this year, which represents an increase of 132% in the number of registered companies compared to the same period last year, which reinforces the pivotal role of RAKEZ in supporting business growth. And consolidate its position as an attractive destination for investments.
On this occasion, Rami Jallad, CEO of RAKEZ Group, said: “Our strong performance in the second quarter of this year, which witnessed the addition of more than 1,500 new companies, is the result of our advanced approach and innovative business solutions that we provide, as well as our commitment to support companies and businesses of all sizes and types. The growth that RAKEZ is witnessing today in various sectors such as general trade, e-commerce, media, services and manufacturing reflects our vision of creating a comprehensive and sustainable economic landscape for global entrepreneurs.”
RAKEZ continues to attract new investors from all over the world to the emirate of Ras Al Khaimah, as a large percentage of the new companies registered in the second quarter belong to India, Pakistan, the United Kingdom, Russia and Egypt, which proves the emirate’s ability to attract global investments and the effectiveness of its business environment.
RAKEZ recorded a remarkable growth in the number of commercial companies, which amounted to more than 650 companies out of the total registered companies in the second quarter, thus reinforcing its position as an attractive destination for merchants from all over the world who prefer to establish and expand their businesses in the business-friendly environment of Ras Al Khaimah. Traders District, which was recently launched by RAKEZ, has played a prominent role in providing an ideal incubating environment for merchants, supporting them in their business process, expanding their scope, and obtaining unparalleled support at all levels.
In addition to the significant increase in the number of commercial companies, RAKEZ witnessed remarkable growth in various sectors such as the services sector, which welcomed more than 600 companies, the e-commerce sector, which included more than 170 companies, and the media sector, which attracted more than 100 companies.
As we enter the second half of 2023, RAKEZ reaffirms its commitment to providing a supportive environment for investors looking to expand their business horizons in the country. Jallad affirmed that the economic zone will continue its journey in improving its services, developing its facilities, and creating different products to meet all business needs, and enabling companies to achieve their full potential, which paves the way for their future success in the UAE and abroad.
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