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In January 2020, Entrepreneur reported the free zone to have 14,000 companies across 50 industries. History. It was introduced in 2017 and is one of the 37 free zones across the United Arab Emirates that are overseen by the Ras Al Khaimah Investment Authority. During COVID-19 pandemic, RAKEZ moved towards digitisation and was reported to have ...
The Academic Zone comprises educational organizations that offer academic programs to the RAK and broader UAE communities. The main cluster of campuses is in Academic Zone 3, which is located in the Al Dhait area. Some educational organisations established under the free zone operate from separate campuses at assigned locations in Ras Al Khaimah.
Petrochem oil tank, Jebel Ali Free Zone, Dubai (UAE) Located in Dubai, JAFZA is one of the largest and oldest freezones in the UAE. It offers a hub for industries such as manufacturing, logistics, and trading. Jafza is spread over 57 square km in the Jebel Ali area at the far western end of Dubai, on the Skeikh Zayed Road (E11).
The UAE has a number of free zones across Dubai, [1] Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones. Free-trade zone exemptions are: [2] 100% foreign ownership of the enterprise. 100% import and export tax exemptions.
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Definition. The World Bank defines free trade zones as "small, fenced-in, duty-free areas, offering warehousing, storage, and distribution facilities for trade, transshipment, and re-export operations". [4] Free-trade zones can also be defined as labor-intensive manufacturing centers that involve the import of raw materials or components and ...
Ras Al Khaimah ( Arabic: رَأْس ٱلْخَيْمَة ), often referred to its initials RAK and historically known as Julfar, is the largest city and capital of the Emirate of Ras Al Khaimah in the United Arab Emirates (UAE). The city had a population of 191,753 in 2022, and is the sixth-most populous city in UAE after Dubai, Abu Dhabi ...
Ras Al Khaimah has been the site of continuous human habitation for 7,000 years, one of the few places in the country and the world where this is the case, and there are many historical and archaeological sites throughout the emirate - local sources cite 1,000 - dating from different time periods, including remnants of the Umm Al Nar Culture (3rd millennium BC).