Dubai PR Network, Online Press Release from Dubai and Middle East
 
Local News and Government
Filter PR by
  
RAKEZ and RAK DED collaborate to boost business services in Ras Al Khaimah

Ras Al Khaimah, 24 January 2025: Ras Al Khaimah Economic Zone (RAKEZ) signed a Memorandum of Understanding (MoU) with the Department of Economic Development of Ras Al Khaimah (RAK DED) to enhance business services provided to companies in the emirate. The agreement was officially inked by Assistant Director General of RAK DED Mohammed Mahmood and Director of Value-Added Services (VAS) at RAKEZ Kutyba Al Issa during a signing ceremony at Compass Coworking Centre.

This collaboration represents a shared commitment to simplifying and enriching the business journey for enterprises. As part of the agreement, RAK DED will support RAKEZ in extending its suite of value-added services, including corporate bank account opening, corporate tax filing, and accounting and bookkeeping services, to its extensive network of clients.

The initiative is a strategic move to ensure that enterprises have access to the tools and resources they need to optimise their operations, maintain regulatory compliance, and focus on growth. By leveraging each other’s strengths, RAKEZ and RAK DED aim to foster an environment where businesses can flourish in a competitive marketplace.

RAKEZ Group CEO Ramy Jallad said: “At RAKEZ, we believe that empowering businesses is at the heart of Ras Al Khaimah’s economic growth. Our partnership with RAK DED reflects a shared vision to create a dynamic and seamless ecosystem where businesses can succeed and also set benchmarks for excellence. By providing essential tools, innovative services, and strategic support, we are laying the foundation for companies to scale new heights, drive innovation, and contribute to the emirate’s prosperity. This collaboration is part of our commitment to transforming Ras Al Khaimah into a hub of opportunity and sustainable growth for entrepreneurs and enterprises alike.”

RAK DED General Manager Dr Abdulrahman Al Shayeb Al Naqbi said, “RAK DED is always keen on developing strategies that contribute to a more conducive business environment. Guided by Ras Al Khaimah's vision, our department is eager to achieve a high ease of doing business ranking by adhering to the best global standards and practices. This new partnership with RAKEZ represents a strategic move towards realising the goals of both entities. Consequently, exceptional investment opportunities will be enhanced, driven by our ease-of-doing-business initiatives and the streamlined facilities for tax registration and opening bank accounts.”

The collaboration between RAKEZ and RAK DED is a significant step towards creating a business-friendly ecosystem in Ras Al Khaimah. By combining their expertise and efforts, the two entities are paving the way for businesses to thrive and contribute to the emirate’s economic growth.


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 4904 times
PR Category : Local News and Government
Posted on : Thursday, July 24, 2025  12:00:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : UAE, IRENA Lead Discussions on Gender Equity, Energy Transit...
Next Story : DFSA decision to fine Al Ramz Capital LLC for failure to rep...
Email this article Print this article

Share this article with your friends and followers
NewsVine
 
 
Most Viewed Press Release posted in the last 7 days
IATA Releases Updated 2025 Manuals Reflecting Latest Industry Standards [66322-Views]
SHEGLAM X Hello Kitty Returns for Valentine's Day with an Even Sweeter and Dreamier 2.0 Co... [29454-Views]
Fueled by global success OMODA & JAECOO set to accelerate into UAE Market with immersive... [28884-Views]
Own Your Valentine's Look With Catrice: Flawless Brows & A Blush That Speaks Love [25174-Views]
Panasonic reaffirms commitment to Nigeria, outlines vision for stronger market dominance [23267-Views]
Host with Heart: REDTAG's Ramadan Home Collection Elevates Every Gathering [19885-Views]
Under the Patronage of Prince Khalid Al-Faisal, Governor of Makkah Region Experts from the... [19573-Views]
NTT DATA to showcase cutting-edge technologies at LEAP 2025 [19094-Views]
Bollywood Stars Blazed the Track at Dubai Autodrome for ‘DSBK Middle East Championship' [14120-Views]
DoxAI to join UAE's Nextgen FDI Initiative to Drive AI-Powered Business Transformation [13333-Views]
UAE and Argentina Explore new Investment Opportunities at Economic Seminar in Abu Dhabi [13157-Views]
Malabar Gold & Diamonds Strengthens Presence in Qatar with the Launch of its 13th Showroom... [13116-Views]
Rybakina edges out jabeur in three-set classic at mubadala abu dhabi open [12603-Views]
1964 ferrari 250 lm wins prestigious the peninsula classics best of the best award [11890-Views]
RTA, e& UAE explore advancing future technologies in mobility and communications [10926-Views]
Hafeet Rail Awards Three Strategic Contracts and Secures a Landmark Agreement to Advance O... [9820-Views]
Panasonic and Beamcast join forces to accelerate broadcast innovation in Qatar [9688-Views]
BKN301 announces Qatar office as the regional headquarters for all MENA operations [9545-Views]
Malabar Gold & Diamonds to expand into New Zealand, leveraging the opportunities created b... [9016-Views]
BluSmart Wins 'Best Ride-Hailing Service of the Year' at Truck & Fleet Awards 2025 [8848-Views]
Ahmed Al Maghribi Perfumes celebrates 25 years of business excellence; announces global ex... [7745-Views]
NAS Sports Tournament adds New Olympic & Popular Sports Competitions to the 12th Edition o... [7482-Views]
João Almeida battles towards podium as Volta Valenciana heats up [7298-Views]
Emirates and Air Peace sign interline agreement, expanding travel choices to 13 cities in ... [6757-Views]
Asha's Restaurant Honored as Best Indian Restaurant at BBC Good Food Middle East Awards 20... [6552-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Back to Section Home

Related Stories

 
Top Sections
 
Top Stories