The Ministry of Industry and Advanced Technology (MoIAT) and Ras Al Khaimah Economic Zone (RAKEZ) today signed a Memorandum of Understanding (MoU) to boost collaboration with the aim of accelerating the adoption of advanced technologies among industrial companies and enhancing the UAE’s appeal as an investment destination.
Ras Al Khaimah Economic Zone (RAKEZ) is a powerhouse business and industrial hub that offers cost-effective packages and customisable facilities and services to global investors. Presently, RAKEZ is home to over 15,000 companies from more than 100 countries covering over 50 industries, making it one of the Middle East's largest economic zones.
