RAKEZ expands e-commerce offerings to support the entire value chain

Today, e-commerce is one of the booming industries worldwide and a growing number of startups and entrepreneurs are venturing into the field

RAKEZ expands e-commerce offerings to support the entire value chain

Ras Al Khaimah: With the continued global surge of demand for online products and services, Ras Al Khaimah Economic Zone (RAKEZ) has expanded the activities under its e-commerce licence and launched new set-up packages to back the entire e-commerce value chain, from products and services e-traders to storage, fulfilment and logistics providers.

Today, e-commerce is one of the booming industries worldwide and a growing number of startups and entrepreneurs are venturing into the field. Just in the first half of 2020, RAKEZ witnessed a 150% increase in e-commerce related enquiries compared to the same span last year and a 91% rise in new registrations.

“RAKEZ has always been one of the leading hubs for e-commerce businesses, and it is only natural that we continue to come up with more solutions to support this growing industry. This time, we are looking at a macro level, supporting not only e-traders but every enabler in the e-commerce spectrum, such as businesses that offer digital trading platforms, warehousing and inventory management, fulfilment of orders, delivery services, tech development and back-office support, and more,” said Ramy Jallad, Group CEO of RAKEZ. “We are here not just to provide them with a home and an ecosystem, but support their entire journey through our robust IT and telecom infrastructure and a selection of facilities to set up their operations. Another important factor is our collaborative business community of over 15,000 where they can potentially meet suppliers or service providers.”

Mr Jallad added that the economic zone’s new e-commerce set-up packages are the most competitive ones in the market, packed with unique benefits. “Incentives embedded in our new packages include all type of licence activities related to e-commerce and customised support boosters offered during these challenging times.”

RAKEZ also tied up online payment gateway solution providers and reputed website and app developers to offer exclusive rates and incentives to RAKEZ clients and help them strengthen their digital presence.

– Ends–

For more information, please contact:
Cleo Eleazar, Public Relations & Events Manager, RAKEZ
Email: c.eleazar@rakez.com

About Ras Al Khaimah Economic Zone (RAKEZ):

RAKEZ is a powerhouse business and industrial hub established by the Government of Ras Al Khaimah in the United Arab Emirates. It currently hosts over 15,000 companies coming from over 100+ countries and operating in more than 50 industries.

RAKEZ offers entrepreneurs, startups, SMEs and manufacturers a wide-range of solutions, including free zone and non-free zone licences, customisable facilities, and first-class services provided in a one-stop shop. Furthermore, RAKEZ has specialised zones that are tailored to specific needs of investors: a Business Zone for commercial and service companies; Al Ghail, Al Hamra and Al Hulaila Industrial Zones for manufacturers and industrialists; and an Academic Zone for educational providers.

A leading economic zone, RAKEZ aims to continue attracting diversified investment opportunities that will contribute to the economic growth of Ras Al Khaimah.

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2020

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases