Ras Al Khaimah Financial Zone (RAKEZ) information 43 % improve in new corporations.
Financial zone provides one hundred pc possession to overseas corporations.
African corporations inspired to arrange on the RAKEZ.
A brand new buying and selling hub within the UAE dubbed Ras Al Khaimah Financial Zone (RAKEZ), recorded a major 43 % improve in new firm registrations for the primary half of 2025 in comparison with the identical interval final 12 months.
In accordance with officers on the financial zone; “a complete of 8,506 corporations joined the RAKEZ enterprise neighborhood between January and June this 12 months, up from 5,933 within the first half of 2024, marking a major leap within the financial zone’s continued development trajectory.”
“RAKEZ’s exceptional success has been pushed by our efforts to create a business-friendly surroundings tailor-made to corporations from all around the world of each measurement and sector,” explains the CEO of Ras Al Khaimah Financial Zone (RAKEZ) Ramy Jallad.
In a latest interview with ITP Media, the CEO mentioned corporations are significantly drawn by RAKEZ’s cost-effectiveness, wherein working prices are roughly 40 % decrease than different financial zones.
“Moreover, we provide seamless setup processes, one hundred pc firm possession, full revenue repatriation, and tailor-made assist companies akin to visa processing and banking help,” he mentioned.
He additionally identified that corporations are additionally interested in the zone’s strategic location on the crossroads of main commerce corridors connecting Europe, Asia, and Africa and the truth that the UAE enjoys beneficial development projections by the IMF, a formidable 5.1 % in 2025.
“Corporations are selecting to relocate right here because of the Emirate’s beneficial financial system, together with considered one of world’s lowest tax buildings, making it financially engaging for companies,” he went on to element.
Furthermore, past financial benefits, Ras Al Khaimah provides an distinctive way of life, together with reasonably priced housing, trendy healthcare, worldwide colleges, and a secure, household pleasant neighborhood surroundings, the CEO particulars.
Additionally, town provides strong infrastructure, entry to high-growth markets, and rising sectors like luxurious actual property and digital property; “all these elements additional solidify our place as a great hub for British companies searching for international enlargement,” he added citing that UK corporations are essentially the most registered.
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RAKEZ incentives set it other than different free zones
In accordance with the chief, RAKEZ offers devoted industrial zones with customizable amenities designed to optimize manufacturing workflows particularly for engineering SMEs.
“Our specialised industrial packages embody purpose-built warehouses, developable land, and on-site technical assist that addresses the distinctive challenges confronted by manufacturing operations,” he goes on to elaborate.
For instance, he cited British producers like Manchester Paper Luggage and JRL Fabrications who, in response to him, have leveraged these tailor-made options to determine environment friendly manufacturing amenities that serve each regional and international markets.
A supporting issue is the UK-UAE Sovereign Commerce Settlement negotiations tht had been initiated in 2022.
As these negotiations at the moment are being finalised, the UK authorities has projected that the settlement may improve bilateral financial ties by 16 % and add USD$10.8 billion to the area yearly.
To this impact, Jallad mentioned; “This can create a framework for unprecedented cooperation between the 2 economies, of which the UAE is a significant participant.”
Additionally, the UK Division for Enterprise and Commerce signed a development partnership settlement with Ras Al Khaimah final 12 months to discover future commerce and business collaboration.
It follows that, this alignment leverages established platforms just like the UK-UAE Enterprise Council, Joint Taskforce, and Joint Financial Committee, producing improved market entry and decreasing regulatory obstacles for corporations working in RAKEZ.
“British corporations can leverage our beneficial commerce relationship with the UK and profit from unprecedented market entry and decreased enterprise obstacles in Ras Al Khaimah and the broader UAE,” Jallad mentioned.
“What really units RAKEZ other than different free zones is our complete ecosystem method. Not like opponents, we provide each free zone and non-free zone formations, fast-track processes, and end-to-end assist companies,” he summed up.
He mentioned precedence on sustainable infrastructure that enhances effectivity whereas decreasing power consumption is a crucial consideration for forward-thinking producers trying to minimise their environmental footprint.
Thus far, the RAKEZ enterprise zone encompasses greater than 35,000 companies from over 100 nations working throughout greater than 50 sectors, fostering beneficial networking and partnership prospects all through the area.
This numerous enterprise neighborhood, mixed with the UAE’s standing as one of many world’s best economies, offers the best surroundings for corporations trying to increase and leverage native and international connections.
Close by developments additionally serve to assist RAKEZ like the truth that Ras Al Khaimah which welcomed 1.28 million vacationers in 2024, and transformative tasks like Wynn Al Marjan Island which is driving vital investments into the Emirate and RAKEZ is effectively located to host corporations trying to faucet into the burgeoning UAE financial system.
Detailing, Jallad mentioned; “Whereas every Emirate offers distinctive advantages inside this ecosystem, Ras Al Khaimah provides distinct operational benefits that complement the UAE’s total enterprise surroundings.”
He additionally highlighted the extremely diversified financial system that he mentioned offers distinctive stability and resilience in opposition to market fluctuations.
RAKEZ creating alternative for African companies
The UAE maintains its standing as one of the aggressive and extremely superior economies on the earth and has a lot to supply to worldwide companies trying to transfer overseas and Africa is not any exception.
In accordance with the RAKEZ CEO, African markets are open for enterprise, corporations that arrange on the RAKEZ are strategically positioned with the devoted RAK Worldwide Airport close by.
“We’re simply 4 hours away from most African locations granting easy accessibility to those high-growth areas that signify the way forward for international financial growth,” the CEO factors out.
From an operational perspective, African corporations stan to profit from RAKE’s streamlined enterprise processes and value benefits.
For instance, growth prices in Ras Al Khaimah are 10 % under the UAE common, this offers vital financial savings for corporations establishing bodily operations on the RAKEZ.
“Moreover, our industrial land leasing charges supply aggressive benefits in comparison with different emirates, permitting companies to optimise their capital deployment and operational expenditure,” he
Additional nonetheless, the regulatory surroundings in Ras Al Khaimah emphasises enterprise facilitation, with sooner approval processes and decreased paperwork.
“Our authorities entities work in shut coordination to make sure that enterprise institution and ongoing operations proceed easily, creating an surroundings the place corporations can deal with development moderately than administrative challenges,” he reassured stakeholders.
Moreover, Ras Al Khaimah is an oil-free financial system as a result of it has developed strong various sectors together with manufacturing, tourism, and actual property.
“No single sector accounts for greater than 1/3 of total GDP, guaranteeing resilience in opposition to international shocks or uncertainties,” he defined.
The RAKEZ mission is to supply companies working inside it’s financial zone with the instruments and amenities that they should thrive.
Amongst different elements, it avails companies with versatile amenities together with coworking areas, customisable workplaces, warehouses, and developable land tailor-made to particular operational necessities.
“We imagine working environments should be optimised for corporations and this has reaped its rewards as we’re seeing an rising variety of companies selecting RAKEZ because of our bespoke supply,” he concluded.
The RAKEZ additionally present seamless entry to 5 main seaports and a global airport, and also you even have the Etihad Railway community connecting the whole UAE, thus creating unparalleled logistical benefits for corporations engaged in regional and international commerce.
