Over 7,800 companies join RAKEZ’s thriving business community in 2023

Over 7,800 companies join RAKEZ’s thriving business community in 2023

Ras Al Khaimah: Ras Al Khaimah Economic Zone (RAKEZ) continues to stand out as the preferred hub for investors from all over the world seeking business growth. In 2023, over 7,800 new companies strategically chose RAKEZ as their base to establish and flourish within its thriving business community. This remarkable surge represents an 86% increase in new registrations compared to the previous year, further underscoring RAKEZ’s enduring appeal as the go-to destination for entrepreneurial success.

Reflecting on this economic expansion, Ramy Jallad, RAKEZ Group CEO, stated, “The latest figures serve as a true testament of our unwavering commitment to providing an exceptional customer experience, fit-for-purpose solutions, and a ‘build as you go’ approach to support investors and all types of companies, whether they are startups, SMEs, or industrial giants. We go the extra mile to ensure that they have the tools and support needed to thrive within our dynamic ecosystem and expand their operations seamlessly, reaching new markets.”

Over the past year, RAKEZ amplified its support for businesses operating in diverse activities and industries, including, but not limited to, technology, manufacturing, logistics, renewable energy, e-commerce, media, trading, AI and robotics, specialised industrial machinery, construction, building materials, and, engineering and consultancy, among many