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Ras al -Khaima, 25 January 2025: Ras Al Khaima Economic Zone (Rakez) has signed a Memorandum of Understanding (MO) with the Rak Al Khaimah Department of Economic Development (RAK DED) to enhance the business services provided to companies in the UAE. The agreement was formally signed by RAK DED Assistant Director General Mohammad Mahmood and Rakez Kutyba Al-Missa Director Value Adid Services (VAS) during a signature ceremony at the Working Center.

This cooperation represents a joint commitment for enterprises to facilitate and enrich business travel. As part of the contract, Rak Ded Rakez will help extend its value -added services, including opening corporate bank accounts, corporate tax filing, and accounting and bookkeeping services, to a wide network of your clients.

This move is a strategic move to ensure that businesses have access to equipment and resources needed to improve their work, maintain regulatory compliance, and focus on development. Taking advantage of each other’s powers, the purpose of Rakez and Rak Ded is to promote an environment where businesses can flourish in a competitive market.

Rakez Group CEO Remi Jalad He said: “At Rakez, we understand that empowering the business is the center of Ras al -Khaima’s economic development. Our contribution with RAK ​​DED reflects a joint vision for the formation of a dynamic and smooth environmental system where the business was successful. May and also set the standards for excellence by providing essential tools, innovative services and strategic support. This support is part of our commitment to transform Ras al -Khama into opportunities and to make it equally sustainable development for businessmen and businesses.

Dr. Abdul Rahman Al -Sheb al -Nakabi, General Manager of RAKDED He said, “Rak Ded is always keen to develop a strategy that helps make the business environment more conducive. With the guidance of Ras al -Khaima’s vision, our department is doing business by following the best global standards and methods. The new partnership with Rakez representing a strategic move to achieve the goals of both companies. Our business will be driven through ease measures and tax registration and smooth facilities to open bank accounts.

Cooperation between Rakez and RAK DED is an important step towards creating a friendly environmental system for a business in Ras al -Khaima. By combining their skills and efforts, the two companies are paving the way for the business to flourish and contribute to the economic development of the UAE.





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