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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 ...
This is a list of government-owned companies of the United Arab Emirates. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government . Their legal status varies from being a part of government to stock companies with a state as a regular stockholder .
US$ 30,700 (2023) Ras Al Khaimah ( RAK) ( Arabic: رأس الخيمة; IPA: [raʔs lˈxajma]) is one of the seven emirates that make up the United Arab Emirates (UAE). The city of Ras Al Khaimah, abbreviated to RAK or RAK City, [2] is the capital of the emirate and home to most of the emirate's residents. It is linked to the Islamic trading ...
RAK.ae. 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 ...