Ras Al Khaimah Economic Zone (RAKEZ) is actively participating in GITEX Global 2024, highlighting its robust business ecosystem during the Expand North Star exhibition, a segment dedicated to connecting startups with global tech leaders from 100 countries. The event, held annually, is a significant platform for RAKEZ to present the unique advantages it offers tech companies.
This year, RAKEZ is promoting the key benefits for tech enterprises considering setting up or expanding in the UAE. One of the standout features is the significantly lower operational costs—up to 40% less than other regional markets. The zone provides comprehensive support services that include business registration, licensing, visa processing, and additional business services after setup. RAKEZ caters to a variety of business sizes from startups to established tech firms with offerings like modern coworking spaces, private offices, and access to industry experts and mentorship programs. These facilities are designed to support business growth and innovation through dedicated networking events and advisory services.
Additionally, RAKEZ participated in a panel discussion at GITEX focusing on emerging innovation trends and their impact on the UAE’s future. The discussion underscored RAKEZ’s commitment to nurturing innovative startups and tech-driven businesses.
Ramy Jallad, CEO of RAKEZ Group, emphasized the importance of GITEX and Expand North Star as prime venues for tech firms aiming to penetrate or expand in the Middle Eastern markets. “These platforms are in sync with the UAE’s digital transformation goals and highlight the critical role of technology in diversifying the economy,” Jallad stated. He further noted that RAKEZ is optimally positioned to support rapid technological growth and innovation, providing essential tools and resources for tech companies to prosper in a competitive global environment.
RAKEZ continues to broaden its international tech ties through strategic alliances with global IT firms, research bodies, and innovation centers. The zone’s recent partnership with The Dollar Business, along with housing over a hundred tech companies like ComStar Security and Falcons.AI, underscores its status as a thriving hub for a diverse array of IT services and technology consultancy ventures.
