Licence to thrill? How Ras Al Khaimah is aiming to attract more investment – ArabianBusiness

  • Date: 08-Jan-2022
  • Source: Arabian Business
  • Sector:Economy
  • Country:UAE
  • Who else needs to know?

Licence to thrill? How Ras Al Khaimah is aiming to attract more investment – ArabianBusiness

Ras Al Khaimah Economic Zone (RAKEZ) has unveiled a dual licence structure, which allows investors to operate in both free zone and mainland jurisdictions.

The move which means investor don’t have to set up an additional facility in the mainland, is part of efforts to increase foreign investment in the emirate.

The new structure has been launched by the economic zone in collaboration with Ras Al Khaimah Department of Economic Development (RAK DED).