Awaiting Image

Ras Al Khaimah Free Trade Zone reports growth of 50%

Ras Al Khaimah Free Trade Zone (RAK FTZ) has recently announced that the free zone has achieved a significant growth of more than 50 percent. The free zone also realised a growth of 13.30 percent in the amount of new business licenses registered from 2007 to 2008.

Ras Al Khaimah Free Zone has demonstrated the continual maximisation of business growth through the introduction of innovation and technology. The free zone currently is home to more than 5,700 companies that contribute a total of AED10 billion to Ras Al Khaimah’s prosperous economy.

It is estimated that in the future AED7.3 billion is planned to be invested into Ras Al Khaimah free trade zone. This shows the Emirate’s effort in ensuring its continuous growth. RAK FTZ currently ranks as the 17th in the top 100 economic zones globally by the FDi Magazine, which is part of The Financial Times Business Group.

Ras Al Khaimah Investment Property

Ras Al Khaimah Property News

Subscribe to our newsletter

Please enter your name and email address

By submitting your details via this online form you agree to be contacted via email/phone/SMS by Select Property Group in relation to its property investment brands.

There was an error with your subscription. Please try again.
Thank you for subscribing. You will now be fully informed of all investment property news and insights.