fDi Magazine Ranks RAK Among Top Free Zones in Middle East

RAS AL KHAIMAH - Ras Al Khaimah Free Trade Zone (RAK FTZ) has continued to prove its leading edge in innovation and technology as it tops the list of fDi Magazine’s best free zones list in the Middle East.

By Staff Reporter

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Published: Mon 9 Feb 2009, 1:27 AM

Last updated: Sun 5 Apr 2015, 9:34 PM

With its state-of-the art facilities, friendly service, competitive rates and continuing development, RAK FTZ earned the 17th position of fDi magazine’s Top 100 Special Economic Free Zone of the Future 2008-2009 over stiff competition.

Picturesque Ras Al Khaimah has also been hailed as 6th in the magazine’s Top 20 Middle Eastern Cities.

When it comes to Cities Most Attractive for Foreign Direct Investment, Ras Al Khaimah comes in first, followed by Abu Dhabi and then Dubai an honour that is accepted with quiet pride by the progressive coastal city.

fDi Magazine is a foreign direct investment magazine by The Financial Times Business Group.

The results were culled from questionnaires provided to the free zones, as well as third party establishments such as the World Bank and news wires.

“We are very happy to have received this honour. Passing and excelling the rigid criteria that fDi Magazine set for this ranking proves that RAK FTZ is a powerful choice for companies looking into international expansion. This honour underlines the vast potential that RAK FTZ holds for them,” said Oussama El Omari, Chief Executive Officer and Director General ofRAK FTZA.

· ismail@khaleejtimes.com


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