In 2017, the government of Ras Al Khaimah announced the launch
of Ras Al Khaimah Economic Zone (RAKEZ). This event was attended by
many high profile dignitaries, policymakers, businessmen, media
members and clients of RAK FTZ and RAKIA.
RAKEZ is a world-class authority established to oversee,
regulate and consolidate the services, facilities and zones of Ras
Al Khaimah Free Trade Zone (RAKFTZ) and RAK Investment Authority
(RAKIA). These two zones united last year by combining their boards
and management boards to streamline their activities and boost
service delivery to the clients. Established in 2017, RAKEZ grows
on 17 years of consistent value generation by RAK FTZ and RAKIA. It
is now one of the largest economic zones in the region covering
about 33 million square meters of land and housing over 13,000
companies currently served by RAK FTZ and RAKIA.
