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RAK FTZ was established in May 2000 by an Emiri Decree. His Highness Sheikh Ahmed bin Saqr Al Qasimi is its chairman. [4] RAK FTZ has four free zone parks in Ras Al Khaimah – a Business Park for office clients, an Industrial Park for heavy manufacturing, a Technology Park for trading and light manufacturing, and an Academic Zone for ...
Ras Al Khaimah Economic Zone (RAKEZ) is an Emirati free-trade zone in Ras Al Khaimah in United Arab Emirates. In January 2020, Entrepreneur reported the free zone to have 14,000 companies across 50 industries.
It was introduced in 2017 and is one of the 37 free zones across in the United Arab Emirates that are overseen by the Ras Al Khaimah Investment Authority. Situated in the emirate of Ras Al Khaimah, RAKEZ caters to a diverse range of industries, including manufacturing, trading, and services. Future
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.
Ras Al Khaimah Investment Authority ( RAKIA) is a United Arab Emirates investment authority in the Emirate of Ras Al Khaimah. It issues licenses to operate within RAKIA owned special economic zones, provides business facilities and warehouses and provides investment funding. RAKIA supports developments that include industrial parks, education ...
Khor Khwair is an industrial zone located next to Saqr Port in the city of Ras Al Khaimah, United Arab Emirates (UAE). Located some 25km north of the city, [1] the zone contains marble and concrete manufacturing facilities as well as LPG processing and other industrial enterprises. Saqr Port was inaugurated on 17 September 1977 by the then ...
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).
The city of Ras Al Khaimah is home to the Ras Al Khaimah Economic Zone (RAKEZ) that helps connect investors and international markets. It operates an online client portal called Portal 360. [24] The zone services businesses ranging from freelancers to SMEs and start-ups across 50 industries.
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