RAKEZ fuels economic growth by welcoming over 1,500 new companies Q2 2023

Ras Al Khaimah, 30June 2023:Ras Al Khaimah Economic Zone (RAKEZ) announced the addition of over 1,500 new companies in the second quarter of 2023. This robust growth represents a remarkable 132% increase compared to the same period in 2022, further cementing RAKEZ’s role as an accelerator for business growth, fostering an investment-friendly climate.

Speaking about this achievement, RAKEZ Group CEO Ramy Jallad said, “Our strong performance in the second quarter of the year, with over 1,500 new companies joining us, is a result of our progressive approach, industry-leading business solutions, and unwavering commitment to nurturing businesses of diverse scales. The growth across various sectors, from general trading, and e-commerce, to media, services and manufacturing, reaffirms our vision of creating an inclusive and sustainable economic landscape for global entrepreneurs.”

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