Month: May 2009

RAK Free Trade Zone enjoys positive start to year

Ras al Khaimah reported an estimated 16% increase in revenues in the first quarter of 2009, compared with the first quarter of last. RAK FTZ, one of the fastest-growing free trade zones globally, also reflected a four per cent increase in company registrations compared with the same period in 2008. The RAK FTZ is home… Read more »

Turkey shopping malls eye 20 bln lira ’09 sales

Today, April 29th a sector association reported that Turkey is fast-expanding shopping mall sector aims to raise revenues 25 percent this year to 20 billion lira ($12.5 billion) despite sharp economic contraction in the country. The rise reflects continued strong growth in the large emerging market economy, boosted by growing personal incomes and despite many… Read more »