21 October 2015
United Arab Emirates - Ras Al Khaimah Free Trade Zone ( RAK FTZ ) announces their support as the exclusive sponsor of the networking event organised by Business France, the French Business Development Agency, during GITEX Technology Week 2015. The move is aimed to promote RAK FTZ to the French exhibitors and attendees and offer them valuable insights about the investment opportunities in the United Arab Emirates.

"We are delighted to partner with Business France, the French Business Development Agency, an organisation that helps develop French businesses and assists them in expanding abroad. This event opens up a great opportunity to meet and encourage French businesses to set up regional offices in the UAE, particularly in RAK FTZ ," said Tomas Csobonyei, Business Development Director, RAK FTZ . "We offer an extensive set of advantages to French investors. Apart from the freedom from taxes and customs duty as well as access to major logistical centres, investors choosing RAK FTZ get to experience top-notch business infrastructure that is matched with exceptional client support services. We are keen in developing ways to nurture companies and helping them become booming enterprises."

With over 8,000 flourishing companies in its portfolio, RAK FTZ is continuously gaining the attention of French investors. There are presently almost 300 French companies thriving in the free zone's business-friendly environment. Among them are Arnolfo di Cambio, a company that trades in table top and textile products; Permagard, a company that manufactures paint protection and cleaning products for marine, aviation and automobiles; and Eurocap, a business that manufactures plastic packaging items.

"We had visited many free zones and were impressed by the professional approach of the team in RAK FTZ . They were very supportive and were always available to provide us with assistance," said P. Haridas, Manager of Eurocap.

Mr Csobonyei believes that RAK FTZ 's major participation in this event did not only position the UAE as a sustainable investment hub in the Middle East but also helped boost the knowledge and technical insights of the attendees about doing business and accelerating their growth and development.

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About Ras Al Khaimah Free Trade Zone :
Ras Al Khaimah Free Trade Zone ( RAK FTZ ) provides award-winning services and world-class facilities, enabling clients to quickly and efficiently set up and grow profitable companies in the United Arab Emirates. Home to more than 8,000 active companies from over 100 countries and over 50 industry sectors, RAK FTZ offers completely tax-free status to its clients, allows for 100 per cent foreign ownership and unrestricted repatriation of profits, in addition to a host of other business-friendly incentives.

Less than an hour's drive from Dubai, RAK FTZ offers significant geographical advantages for clients to easily access markets in the Middle East, Africa, Europe and South Asia. It caters to the unique requirements of small, medium and large businesses with four free zone parks including business centre facilities, offices, warehouses and land for development, as well as facilities for educational institutions. Since its inception 15 years ago, RAK FTZ has diversified from its traditional focus on industrial manufacturing to also support trading, sales and marketing activities, a wide range of service sectors, as well as logistics and distribution platforms. To learn more about RAK FTZ , please visit www.rakftz.com

About Ras Al Khaimah Free Trade Zone :
Business France is the national agency supporting the international development of the French economy, responsible for fostering export growth by French businesses, as well as promoting and facilitating international investment in France.

It promotes France's companies, business image and nationwide attractiveness as an investment location, and also runs the VIE international internship program.

Founded on January 1, 2015 through a merger between UBIFRANCE and the Invest in France Agency, Business France has 1,500 personnel, both in France and in 70 countries throughout the world, who work with a network of public- and private-sector partners.

For further information, please visit: www.businessfrance.fr

Press contacts:
Miryem Oukas Messidi
Mobile: +971 (0)55 478 32 15       Mail : miryem.oukasmessidi@businessfrance.fr
Yousra
Lahbabi
Mobile : +971 (0)56 470 23 82      Mail : yousra.lahbabi@businessfrance.fr

© Press Release 2015