Ras Al Khaimah Free Trade Zone is the next investment hub says Oxford Business Group report |
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Ras Al Khaimah, UAE, September 23, 2008 - Oxford Business Group is officially launching 'The Report: Ras al-Khaimah 2008' this week. International and regional investors with an interest in RAK FTZRAK FTZ
will find a wealth of information from this report to guide their decisions. Ras Al Khaimah Free Trade Zone Authority (RAK FTZA), which participated extensively in the 2008 report with an in-depth analysis on investment and trade opportunities in the emirate, finds the publication of particular benefit to their international clients, as it provides an extensive profile of the emirate covering a wide range of topics, from politics, macroeconomics, infrastructure, and banking to developments in a variety of sectors. The zone issued copies of The Ras Al Khaimah Report to their international business centres in India, Germany, Turkey and New York as well as to various embassies, and has also taken copies when attending exhibitions here and abroad. With its abundant natural resources, rich agricultural lands, scenic coasts and diverse landscapes, Ras Al Khaimah (RAK), the fourth largest emirate at the northernmost tip of the United Arab Emirates, is on the brink of becoming the next investment hotspot. This was the conclusion of the Oxford Business Group (OBG), a highly-acclaimed global publishing, research and consultancy firm, in an in-depth study conducted earlier in the year
'The Report: Ras al-Khaimah 2008' is a factual guide which gives an extensive profile of the emirate and provides an invaluable resource to investors on the emirate's economy, infrastructure, commerce, politics, real estate, tourism and environment. It is written by international analysts with more than 200 interviews from representatives of different sectors including H.H. Sheikh Saud bin Saqr Al Qassimi, Crown Prince and Deputy Ruler of Ras al-Khaimah, Sheikh Faisal bin Saqr Al Qasimi, Chairman, RAK Free Trade ZoneRAK Free Trade Zone and Oussama El Omari, CEO and Director General, RAK Free Trade ZoneRAK Free Trade Zone. The findings of the report is not a surprise as RAK has continuously been promoting development and construction within the emirate such as the fast-growing Ras Al Khaimah Free Trade Zone (RAK FTZ)Ras Al Khaimah Free Trade Zone (RAK FTZ), an effective and efficient gateway to the region for businesses and investors.
"Ras Al Khaimah offers investors an unlimited avenue for growth and expansion. RAK FTZRAK FTZ for instance is tax-free, has state-of-the-art facilities and offers top quality services for less cost making it the perfect hub for businesses," shares Oussama El Omari, CEO and Director General of the Ras Al Khaimah Free Trade Zone (RAK FTZ)Ras Al Khaimah Free Trade Zone (RAK FTZ). "Ras Al Khaimah aims to be one of the leaders in tourism and trade in the region, and Oxford Business Group report affirms that RAK's development has been en pointe. Our natural resources and landmark projects are becoming a big draw that are attracting investors from all over the world," adds El Omari.
The annual economic review, 'The Report: Ras Al Khaimah 2008' will be officially launched on 24th September at the Al Hamra Fort Hotel & Beach Resort. 'The Ras Al Khaimah Report' is available for sale both online and in print.
-Ends-
Ras Al Khaimah Free Trade Zone (RAK FTZ)Ras Al Khaimah Free Trade Zone (RAK FTZ) is a world-class business hub and a vehicle for industrial growth and development. The free zone, with its cutting-edge technology and keen customer focus, offers on-demand and custom-built support services to investors in a cost-effective and flexible environment. The Free Zone also offers a range of unique services which include the legal, human resources and marketing assistance.
The Free Trade Zone has created a system of four Parks - Business Park, Industrial Park, Technology Park and Al Ghayl Industrial Park- which offer identical advantages and benefits to investors. Backed by legislations allowing 100 per cent foreign ownership, tax-free environment, transparent laws and 100 per capital and profit repatriation, the free trade zone is well-positioned for global commerce.
Ras Al Khaimah Free Trade Zone is one of the fastest growing free trade zones, with more than 4,700 companies from 106 countries around the globe.
© Press Release 2008
from Ras Al Khaimah Free Zone
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