On Wednesday, February 18, the Topic: North Texas webinar series presented by Verizon welcomed Nadia Rinawi all the way from Germany to talk about the RAK Free Trade Zone in the UAE.
Traditionally, the United Arab Emirates (UAE) has been viewed as a gateway to not only the Gulf Cooperation Council (GCC) markets, but also those of the surrounding countries and regions, like Iraq, South Asia and East Africa, which have a steady demand for infrastructure development projects and growing middle classes. One of the seven emirates that make up the UAE, Ras Al Khaimah (RAK) is only a 45-minute drive from Dubai.
RAK Free Trade Zone is one of the fastest-growing, most cost-effective free zones in the Middle East and rapidly emerging as the preferred business hub in the region. It provides an excellent infrastructure, a tax-free environment, customized business solutions, hassle-free procedures, value-added services and all the facilities that you expect from a world-class free zone. Over 500 US companies already registered in RAK Free Trade Zone.
4. 4
The stability, security and safety of the UAE, combined with its infrastructure, logistics
services and strategic geographic location, make it a perfect launch pad to a wide variety
of markets across the world.
▸ Europe
▸ Middle East
▸ Africa & South Asia
WELCOME TO THE UAE,
A LAUNCH PAD TO A VARIETY OF WORLD MARKETS
31% of World’s
Population
11% of World’s
GDP
Within Easy Flight
76% of World’s
Population
53% of World’s
GDP
4 hours 8 hours
5. 5
The UAE is a hub for global commerce, with infrastructure
that provides seamless connectivity for businesses
worldwide, featuring;
▸ The Middle East’s largest container port
▸ The busiest international airport in the world
▸ A state of the art national rail system, to be completed
in 2018
▸ Membership in the Gulf Cooperation Council (GCC)
WELCOME TO THE UAE,
A LAUNCH PAD TO A VARIETY OF WORLD MARKETS
6. 6
THE UAE IS RANKED NO. 1 AMONG EMERGING MARKETS
LPI Rank Country Economic Group
17 UAE GCC
33 Qatar GCC
37 Saudi Arabia GCC
48 Bahrain GCC
62 Oman GCC
70 Kuwait GCC
26 China BRIC
45 Brazil BRIC
46 India BRIC
95 Russia BRIC
21 S. Korea MIST
27 Turkey MIST
47 Mexico MIST
59 Indonesia MIST
41 Tunisia North Africa
50 Morocco North Africa
57 Egypt North Africa
137 Libya North Africa
71 Pakistan South Asia
135 Afghanistan South Asia
23 South Africa Sub-Saharan Africa
108 Ghana Sub-Saharan Africa
121 Nigeria Sub-Saharan Africa
122 Kenya Sub-Saharan Africa
138 Angola Sub-Saharan Africa
141 Ethiopia Sub-Saharan Africa
Logistics efficiency makes the UAE the best
positioned country to enable companies to enter
emerging markets.
Reducing supply chain barriers to trade could
increase GDP up to six times more than
removing tariffs. The effects of reducing
barriers are not gradual; changes occur when
tipping points are reached.
Source: World Economic Forum
7. 7
The UAE has one of the most liberal trade regimes in the Gulf region and attracts strong capital flows.
▸ There are no exchange control restrictions, meaning unrestricted repatriation of income and capital
▸ Promotes investment growth
▸ Provides financing opportunities
The UAE’s currency, the Arab Emirate Dirham (AED), is pegged against the US dollar at a fixed rate of
AED3.673:US$1.
A fixed exchange rate will:
▸ Support the competitiveness of goods sold abroad
▸ Strengthen trade relationships between countries
▸ Insure a domestic product's competitiveness abroad and profitability locally
THE UAE’S LIBERAL TRADE REGULATIONS
PROMOTE INVESTMENT GROWTH
8. 8
CORPORATE PROFITS IN THE UAE ARE TAX-FREE
There are currently legislations in force in the Emirates of Abu Dhabi, Dubai and Sharjah
establishing a general corporate tax regime:
▸ The Abu Dhabi income tax decree of 1965
▸ Sharjah Income Tax decree of 1968
▸ Dubai Income Tax decree of 1969
In practice however only oil, gas and petrochemical companies and branch offices of foreign
banks are required to pay taxes - all other corporate profits are tax-free.
The UAE has
a tax-free policy,
meaning;
No
corporate
tax
No
sales
tax
No
personal
tax
No
withholding
tax
9. 9
Ras al Khaimah (RAK) is one of the seven emirates which comprise the
United Arab Emirates (UAE), along with Abu Dhabi and Dubai.
THE UAE IS THE U.S.’ TOP EXPORT DESTINATION IN
THE MIDDLE EAST AND NORTH AFRICA
Exports: USD 22.1 Billion
Imports: USD 2.8 Billion
Exports to India: USD 21.63 Billion
Exports to KSA: USD 18.68 Billion
Exports to Turkey: USD 11.66 Billion
Exports to Egypt: USD 6.49 Billion
10. 10
Ras al Khaimah (RAK) is one of the seven emirates which comprise the
United Arab Emirates (UAE), along with Abu Dhabi and Dubai.
TEXAS RANKS 2ND AMONG U.S. STATES IN EXPORTING
GOODS TO THE UAE: USD 2.2 BILLION PER YEAR
The UAE ranks 25th among Texas' global export markets
Automotive: $724 million
Drilling Equipment: $578 million
Surveying Equipment: $363 million
Aircraft Parts: $160 million
12. 12
RAS AL KHAIMAH’S RULER SHARES HIS
VISION FOR THE EMIRATE’S FUTURE
“Opening the door to foreign trade is a
hallmark of Ras Al Khaimah’s past, present
and future. Today we honour our heritage by
welcoming the investors of the future.”
His Highness Sheikh Saud
bin Saqr Al Qasimi
Supreme Council Member and
Ruler of Ras Al Khaimah
13. 13
Ras al Khaimah (RAK) is one of the seven emirates which comprise the
United Arab Emirates (UAE), along with Abu Dhabi and Dubai.
RAS AL KHAIMAH IS PART OF THE
UNITED ARAB EMIRATES
14. 14
RAK IS ABOUT THE SAME DRIVING DISTANCE FROM DUBAI
INTERNATIONAL AIRPORT AS MAJOR CITY CENTRES ARE
FROM THEIR INTERNATIONAL AIRPORTS
15. 15
RAK IS LESS THAN AN HOUR’S DRIVE FROM DUBAI
INTERNATIONAL AIRPORT, WHERE EMIRATES AIRLINE FLIES
TO OVER 185 DESTINATIONS WORLDWIDE
Based on Emirates Airline flights
16. 16
▸ Ras Al Khaimah is governed by His Highness
Sheikh Saud bin Saqr Al Qasimi, Supreme Council
Member and Ruler of Ras Al Khaimah
▸ Extremely safe, secure and stable emirate; with
Fitch rating of A and S&P rating of A/A1
▸ Very diversified, dynamic economy with free zone
opportunities for foreign investment, as well as
freeholds and joint ventures
▸ Average GDP growth of 8% annually since 2011
▸ Home to RAK FTZ where 8,000 international
businesses operate across four free zone parks
▸ Headquarters to industry leaders such as RAK
Ceramics, Julphar Pharmaceuticals and RAK Bank
RAS AL KHAIMAH HAS A THRIVING ECONOMY
Emirate Size (km2)
Abu Dhabi 67,340
Dubai 3,885
Sharjah 2,590
Ras Al Khaimah 2,486
Fujairah 1,165
Umm Al Quwain 777
Ajman 259
Land Size Comparison of the seven
Emirates
Source: www.government.ae
17. 17
RAS AL KHAIMAH OFFERS HIGH QUALITY
OF LIFE, INCLUDING REAL ESTATE …
LIVING IN LUXURY
One of the key tourism drivers also applies to becoming a
resident: a wide range of town houses, villas and
apartments across multiple price points
New communities benefiting from a master plan approach:
▸ Green spaces
▸ Recreational facilities
▸ Beach access
▸ Local amenities
18. 18
… AND THE AMENITIES
EDUCATION
A mix of public and private educational institutes across all educational
age groups, teaching to international standards
▸ RAK Academy, GEMS Westminster
▸ American University Ras Al Khaimah (AU-RAK), Western International
Colleges (U. of Bolton)
▸ RAK Medical & Health Sciences University, RAK School of Dentistry
HEALTHCARE
Both public and private hospitals delivering high quality care and providing
a wide range of treatments and procedures
RECREATION
▸ Outdoor activities including golf and water sports such as jet skiing,
water skiing, and sailing
▸ Malls, cinemas, cafes and restaurants serving a wide variety of
international cuisines
19. 19
Tourism
Diverse landscapes, a rich heritage and a temperate climate, make RAK a globally
recognized destination for luxury and adventure travel by visitors seeking premium
branded hotels and resorts.
Real Estate and Development
RAK’s growing property sector is supported by strong economic fundamentals, stable
policies and a fresh approach to development. Innovative real estate developers are
changing the landscape of the emirate with unique world class properties.
Industrial Sector
Industry is the backbone of the RAK economy. Home to RAK Ceramics, a global
industrial icon, RAK attracts a wide range and scope of activities, from building materials
to pharmaceuticals to automotive assembly.
RAS AL KHAIMAH OFFERS A VARIETY OF INVESTMENT
OPPORTUNITIES
RAK’s economy has grown steadily in recent years due to the continued success of local ventures
and international businesses that call the emirate home. RAK has developed a diverse array of
industries by embracing innovation and ingenuity, making it an ideal option for investors and
entrepreneurs looking to do business in the Gulf region and beyond.
20. 20
Trading and Logistics
Leveraging its location at the entrance to the Arabian Gulf, RAK provides excellent
global connectivity. A strategic trading hub for goods, RAK ports move 50 million tons
of goods to all corners of the globe every year.
Service Sector
A growing economy, led by the booming manufacturing sector, is paving the way for a
steady expansion into varied financial services and the establishment of RAK as a
pre-eminent destination for quality healthcare in the region, meeting the demand for
specialized services.
Education
In pursuit of educational excellence, RAK is investing heavily in setting up world class
education facilities, attracting premier educational institutions at all learning levels.
RAS AL KHAIMAH OFFERS A VARIETY OF INVESTMENT
OPPORTUNITIES
21. 21
Cost of setting up and running a business is 25% - 50% lower than
alternative free zones
RAS AL KHAIMAH OFFERS LOWER COST OF LIVING AND
DOING BUSINESS …
Cost of living is substantially less than the UAE average
▸ Labour
▸ Fees
▸ Lease Rates
▸ Land
▸ Real Estate
▸ Consumables
▸ Recreation & Entertainment
▸ Education
22. 22
There are two main opportunities for starting a business in Ras Al Khaimah: Free
Zone and Non-Free Zone companies.
Non-Free Zone companies must be established as joint ventures with a UAE
national sponsor. Foreign investors are generally limited to 49% ownership.
Free Zone companies may be 100% foreign owned, and operate under more liberal
Free Zone regulations.
100% OWNERSHIP
Non-Free
Zone
51/49
ownership
Private
Joint Stock
Company
Limited
Liability
Company
Public Joint
Stock
Company
Joint
Venture
Free
Zone
100%
foreign
ownership
Free Zone
Company
Subsidiary
Free Zone
Enterprise
Branch
24. 24
RAK FREE TRADE ZONE IS A COST-EFFECTIVE
GATEWAY TO GLOBAL MARKETS
RAK 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 and South Asia. It caters to the unique requirements of small,
medium and large businesses with three business parks including business
center facilities, offices, warehouses and land for development, as well as
the affiliated RAK Academic Free Zone 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. In addition, the RAK Academic Free Zone is home to a
wide variety of educational institutions and service providers.
His Highness Sheikh Ahmad Bin
Saqr Al Qasimi
Chairman, RAK Free Trade Zone
Member of Ruling Family of the
Emirate of Ras Al Khaimah
25. 25
RAK FTZ offers a business-in-a-box
comprehensive foundation for companies to set
up in the UAE in a very efficient way.
The services that RAK FTZ provides in its one-
stop shop includes:
▸ Business license
▸ Company documentation
▸ A wide range of facilities
▸ Fast-track visas
▸ Value-added services including:
▸ Emirates ID applications in-house
▸ Notary public on site to attest
documents
▸ Translation service for documents
▸ Advertising
▸ Procurement
▸ Recruitment and training of staff
RAK FTZ OFFERS A FULL RANGE OF SERVICES TO
HELP SET UP YOUR BUSINESS
26. 26
RAK FTZ HAS SPECIALIZED FREE ZONE PARKS TO
ACCOMMODATE EACH SECTOR
Technology Park
Business Park Industrial Park
RAK Academic Free
Zone Authority
27. 27
RAK FTZ HELPS CLIENTS GROW WHILE BOOSTING
THEIR HOME COUNTRY’S ECONOMYRAKFTZ
ENABLERS
COMPANY
BENEFIT
HOMECOUNTRY
BENEFIT
Establishment
of a company
setup for sales
and marketing
in the UAE
Establishment of a
regional
headquarter serving
the Middle East,
Africa and South
Asia (MEASA)
Establishment of a
logistics platform
for storage and
distribution
Addition of value-
added distribution
including
packaging and
labelling
Expansion to
include final
product
assembly
Exporting to
the UAE
Increasing
exports to
include the
MEASA markets
Faster delivery
and reduction of
shipping costs
Competitive edge,
closer to
customers for
logistical
purposes, and
quicker
distribution
Customised
products to
customers
Contribution
towards the
export revenue
of the home
country
Substantial
increase in export
revenue of the
home country to a
wider geographical
area
Creation of jobs
in the home
country
Increase in
shareholding
value of
companies in the
home country
Increase in tax
base for the
home country
28. 28
RANGE OF FACILITIES AT RAK FTZ
FLEXI FACILITIES
▸ Shared work stations
▸ 5 hours usage per week
▸ Dedicated phone number
▸ Shared fax number
▸ Dedicated email account
▸ High-speed Internet network
▸ Company P.O. Box
▸ Eligibility for UAE residence visa
▸ Opportunity to upgrade to office
or warehouse at any time
29. 29
RANGE OF FACILITIES AT RAK FTZ
OFFICES FACILITIES
▸ Small to medium-sized private offices
▸ Accessible 24/7 and 24-hour security
▸ Advanced IT infrastructure with dedicated phone,
fax number, and email account
▸ Rent inclusive of utilities
▸ Eligibility for UAE residence visa
30. 30
RANGE OF FACILITIES AT RAK FTZ
WAREHOUSES
▸ Prefabricated units of 1,600 to 4,300 Sq.Ft.
▸ Suitable for storage of goods, light manufacturing and assembly
▸ Accessible 24/7 and 24-hour security
▸ Labor, forklifts and cleaning services (available at additional cost)
▸ Eligibility for UAE residence visa
▸ Utility connections
▸ Staff and labor accommodation available on site
▸ Proximity to highway, sea port and airport (excellent accessibility to
all emirates and neighboring countries)
31. 31
RAK FTZ OFFERS NUMEROUS BENEFITS TO ITS CLIENTS
Benefits
100%
Ownership
Value-Added
Services
Range of
Facilities to
Suit Business
Need
Flexible
Recruitment
(no quotas)
Ease & Speed
in Registering
Company
No Customs
Duty on
Re-Exported
Goods
No Taxation
32. 32
EASE AND SPEED IN REGISTERING A COMPANY
Setting up a business in Ras Al Khaimah is quick and easy. RAK FTZ provides
comprehensive packages to get your business up an running in the UAE.
Submit Documentation
▸ Application form
▸ List of trade names
▸ Project description
▸ Other relevant
legal documents
Receive Business
License and
Lease Deed
▸ Fast track service
Open for Business
▸ Assistance with visa
process
▸ Access to RAK FTZ’s
value added services
Process Payments
▸ Cash, 2-3 days
▸ Cheque, 4-6 days
▸ International transfer, 6-
9 days
Pre-Approval
▸ Convenient on-line
application form
▸ Affordable packages
starting from US$4000
FZC and FZE
Requirements
▸ Certificate of Formation
▸ Bank letter
▸ Associated legal
documents
33. 33
RAK FTZ OFFERS A WIDE RANGE OF VALUE-ADDED
SERVICES
MAZEED
SERVICES
Attestation,
Translation
& Typing
Services
Procurement
Support
Creative &
Printing
Services
Hotel
Reservation
Services
Transportation
Services
Logistics
Services
Insurance
Services
Recruitment
Services
35. 35
RAK FTZ OFFERS INVESTMENT OPPORTUNITIES
ACROSS MULTIPLE SECTORS
VALUE-ADDED DISTRIBUTION AND TRADING
▸ Food repackaging
▸ Antiques & artwork
▸ Aerospace spares
▸ Auto spares
▸ Building materials
▸ Medical equipment & pharmaceuticals
▸ Building equipment & machinery
SERVICES
▸ E-commerce
▸ Legal & translation consultancy
▸ Logistics consultancy
▸ Auditing & financial consultancy
▸ ICT consultancy
▸ Marketing & Management
▸ Aerospace consultancy
▸ Oil & Gas consultancy
▸ Product training, service & repair
We welcome companies and entrepreneurs from virtually all business sectors to Ras Al Khaimah
Free Trade Zone. Our 8,000 clients come from over 100 countries and span across almost
every sector.
36. 36
RAK FTZ INDUSTRIAL ACTIVITIES INCLUDE:
EDUCATION
▸ Universities
▸ Branch campuses
▸ Training institutes
▸ Distance/Online learning
▸ Educational services
LOGISTICS
▸ Shipping management & chartering
▸ Commercial logistics services
▸ Aviation consultancy and support activities
37. 37
RAK FTZ INDUSTRIAL ACTIVITIES INCLUDE:
LIGHT INDUSTRIAL
▸ Food & beverage processing
▸ Electronics & consumer products assembly
▸ Cosmetics manufacture & perfume blending
▸ Pharmaceuticals
▸ Industrial equipment assembly
▸ Machining & metal cutting
▸ Metal coatings
▸ Oil & Gas equipment
▸ Gas liquefaction & bottling
▸ Carpentry
▸ Textiles
▸ Equipment service and repair
HEAVY INDUSTRIAL
▸ Vehicle assembly and customisation
▸ Glass production/modification
▸ Fibreglass/insulation materials
▸ Plastic building materials
▸ Metal alloys, dies & extrusions
▸ Steel pipework manufacturing
▸ Pre-engineered buildings & steel fabrication
▸ Concrete & precast structures
▸ Chemical engineering & manufacturing
▸ Plastics & Polymers
▸ Paint manufacture
▸ Rubber
▸ Lubricants
▸ Packaging products manufacturing
38. 38
U.S. COMPANIES REPRESENT 2.7 % OF RAK FTZ
CLIENT BASE
More than 200
registered U.S.
companies
RAK FTZ recognizes
the U.S.A. as a key
market and reaches
out to investors to
assist in their
worldwide growth.
39. 39
RAK FTZ CATERS TO THE UNIQUE REQUIREMENTS OF
SMALL, MEDIUM AND LARGE BUSINESSES
Public Joint Stock Companies
Free Zone Companies
Industrial Park Companies
Private Company
40. 40
COMPANY PROFILE: JULPHAR – GULF
PHARMACEUTICAL INDUSTRIES
Julphar – Gulf Pharmaceutical Industries PJSC
Public Joint Stock Company, ADX
Established in 1980 and headquarterted close to Al Hamra Village in the south
of the emirate, Julphar is the largest manufacturer of pharmaceutical products
in the Middle East:
▸ 12 manufacturing facilities in MENA, South Africa, Central and
South East Asia
▸ 211 branded products
▸ 2013 revenues of USD 370 million, up 15.4% y/y
Several supporting subsidiaries including:
▸ Julphar Diabetes, a USD 150 million facility manufacturing insulin
▸ MenaCool, a pharma-logistics service provider, including
cold-chain management
41. 41
RAK Ceramics PJSC
Public Joint Stock Company, ADX
▸ A globally recognised brand in ceramic fittings and decorations
▸ Annual turnover approx. USD$ 1 billion, supplying 160 countries
Very strong year-over-year performance:
▸ Net profit (2013) US$ 77 million, up 26.6% on 2012
▸ EPS of AED 0.38
Several subsidiaries focussed on the hospitality sector:
▸ Kludi RAK – bath fittings
▸ RAK Porcelain – luxury dining
COMPANY PROFILE: RAK CERAMICS
42. 42
COMPANY PROFILE: STREIT GROUP FZC
Streit Group FZC
Free Zone Company
▸ Established in Canada in 1996 “with nothing more than a garage space, a
handful of tools and overextended credit”
▸ Now one of the world’s largest armoured vehicle – personal
protection – manufacturers, servicing more than 100 countries
Expanded to the RAK Free Trade Zone in 2005:
▸ Testing the market with a flexi-facility
▸ Expanded in 2009
▸ Now has a site covering 1.4 million sq ft capable of refitting 520 vehicles
per month
43. 43
Knauf LLC
Foreign Branch
Knauf has been active in the Middle East for over a decade, meeting the
needs of infrastructure projects in the region.
▸ Established in 2007 with an investment of US$ 136 million
▸ Large-scale manufacturing plant; maximum output of 50 million m2 of
gypsum boards per annum
▸ Exclusive ship berthing
▸ Raw materials arrive dock-side, and construction materials, are
shipped across MENA and South Asia
COMPANY PROFILE: KNAUF LLC
44. 44
▸ Founded in Italy and producing cheese according to Italian culture and
technology, using daily fresh milk from local farms in the UAE
▸ Supplying mozzarella cheese in Italy for more than 50 years before setting
up the company in Ras Al Khaimah
▸ Established at RAK FTZ in 2010 operating in 9,000 Sq.Ft. warehouse
facility
ITALFOOD FZC
Free Zone Company
Italfood is a fresh cheese manufacturing company located in Ras Al
Khaimah Free Trade Zone. The Company produces fresh cheese daily,
buying milk from UAE milk producers.
COMPANY PROFILE: ITALFOOD FZC
45. 45
▸ Expanded operations to the RAK FTZ in 2011
▸ Engineering design and manufacturing of process control and
instrumentation
▸ Operates in the UAE, Iraq, Iran, Qatar, Oman, Nigeria, Bahrain, KSA,
Sudan, China, Egypt, Kazakhstan and Turkmenistan
▸ Winner of prestigious HH Sheikh Mohammed Bin Saud Award for Small
and Medium Economic Enterprises 2014 in Ras Al Khaimah
PrACSI-MeTAS, (Process Automation Consultants & Systems
Integrators and Metering Technology & Automation Solutions)
Free Zone Establishment
PrACSI-MeTAS trades in oil and gas applications.
COMPANY PROFILE: PRACSI-METAS FZE
46. 46
COMPANY PROFILE: RAMJET FZC
Ramjet FZC
Free Zone Company
Headquartered in Ras Al Khaimah, Ramjet provides comprehensive
aviation consultancy and support activities to MENA, Asia and European
business clients.
Operating since 2001, the company’s success can be attributed to, in
part, the low start-up barriers in the emirate and a significant investment
in the tourism sector.
Services include:
▸ Flight scheduling and permits
▸ Ground handling and flight crew accommodation
▸ Fuel
▸ Chartering
47. 47
COMPANY PROFILE: ALUMIL GULF FZC
Alumil Gulf FZC
Free Zone Company
Alumil Aluminium is the biggest Hellenic industry and among the top
European production groups for:
▸ Integrated aluminum profile systems, certified from world known institutes
▸ Industrial profiles for automotive, sailing and transportation industries
▸ A turnover boost led to the establishment of subsidiary Alumil Gulf in
2007, in order to optimize sales management in the wider area
▸ Group products are now housed in RAK’s Technology Park, to minimize
delivery time and improve services
▸ Sales in the wider Gulf area are expected to surpass USD$18 million,
based on signed contracts
48. 48
COMPANY PROFILE: MORGAN CERAMICS FZC
Morgan Ceramics Middle East FZC
Free Zone Company
UK-based Morgan Ceramics, a world-leader in advanced insulation
solutions, opened a branch in Ras Al Khaimah in 2011.
▸ Largest manufacturer of insulating fibres and insulating fire
bricks in the world
▸ These environmentally-friendly insulators are imported via the RAK
branch to MENASA companies in the petrochemical, power,
aluminium, steel and ceramic industries
▸ The branch also offers design services and
installation assistance
49. 49
COMPANY PROFILE: RAK-GERMAN ENGINEERING FZC
RAK-German Engineering FZC
Free Zone Company
Formed in 2007, RGE is an engineering consultancy, meeting Middle
East requirements with German knowhow and technology and a strong
focus on industrial automation.
Key projects to date:
▸ RAK Cement
▸ Powder pre-heater and air heater systems
▸ Material handling systems
▸ Automotive:
▸ Daimler China
▸ Aerospace:
▸ Airbus A380 maintenance platforms
50. 50
▸ Established at the RAK Free Trade Zone in 2006
▸ Started with 5 employees, now has 20
▸ Utilizes the RAK FTZ as a gateway to markets in the US,
Europe and Russia
▸ Manufacturing activities started in 2007
Eurocap FZC
Free Zone Company
Eurocap manufactures injection-moulded plastic packaging items,
specialising in caps and lids for perfume and cosmetic products.
COMPANY PROFILE: EUROCAP FZC
51. 51
J & R Business Consultancy FZE
Free Zone Establishment
J & R Business Consultancy is a business consultancy and training
company offering various business consultancy services and delivering
training programmes to various industries including the automotive,
telecommunication, media, retail, education, legal, banking and
government sectors.
▸ Founded in RAK FTZ in 2008
▸ Selected RAK FTZ because of its client-friendly services and 100%
foreign ownership
▸ Renders services across Algeria, Azerbaijan, Bahrain, Bangladesh,
Egypt, India, Iraq, Jordan, KSA, Kuwait, Lebanon, Mongolia,
Morocco, Mozambique, Oman, Pakistan, Qatar, South Africa, Syria,
Tunisia, UAE, UK, USA and Yemen
▸ International clients include Jaguar, Range Rover, Land Rover,
Porsche, Johnson & Johnson, DEWA, CitrusTV, Abu Dhabi Media,
Castrol Oil, Family Development Foundation, UAE Central Bank,
Qatar Central Bank, Al Ain Municipality, Emirates NBD and Adidas
COMPANY PROFILE: J & R BUSINESS CONSULTANCY FZE
52. 52
▸ Opened at RAK FTZ in February 2014
▸ Selected RAK FTZ because of its strategic geographical location,
client-friendly services and 100% foreign ownership advantages
▸ Provides complete engineering, procurement & construction (EPC)
services and post-commissioning services for a variety of renewable
energy requirements
▸ Ensures that its customers receive the best proven technology at
the most competitive prices
EBR Energy GCC FZE
Free Zone Enterprise
ERB Energy specializes in cost-effective off-grid, grid-tied and hybrid
renewable energy solutions. Since its inception, the company has helped
customers to match their energy requirements with affordable, realistic and
guaranteed solutions.
COMPANY PROFILE: EBR ENERGY GCC FZE
53. 53
RAK FTZ IS GROWING BY LEAPS AND BOUNDS WITH
AWARD-WINNING BUSINESS SETUP SOLUTIONS
54. 54
THANK YOU
FOR YOUR
ATTENTION
RAK Free Trade Zone - Government of Ras Al Khaimah
Tel: +49 221 570865 0
Email: europe@rakftz.com
Website: www.rakftz.com
/rakftz
Editor's Notes
RAK benefits from a strategic geographical location in close proximity to a wide range of markets.
4h: high population; very fast-growing economies
8h: developed and established markets
IRAN: “Iran is a very important country for us,” said Sultan Al Mansouri, UAE Minister of Economy. “The final outcome for the negotiations that are taking place right now is very important, whether for the UAE, the region, or the world. Iran is an important trading partner, and it has been historically.”