Ras Al Khaimah, UAE — Ras Al Khaimah Economic Zone (RAKEZ) has been officially recognised as the “Fastest-Growing Economic Zone in the UAE” at the prestigious Asian Arab Awards 2025, further strengthening its position as one of the region’s most attractive destinations for global investors, SMEs and startups.

The award highlights RAKEZ’s rapid expansion over the past year, marked by significant growth in new company registrations, industrial activity, and foreign investor interest. According to recent figures, RAKEZ recorded sharp year-on-year increases in new businesses across trading, services, manufacturing and e-commerce sectors, demonstrating strong confidence from both regional and international entrepreneurs.

Strong Growth Driven by Investor-Friendly Policies

RAKEZ’s rise is the result of substantial improvements in business setup procedures, cost-effective licensing options, and flexible regulations that support companies of all sizes. With 100% foreign ownership, simplified company-formation processes, and competitively priced startup packages, RAKEZ continues to attract investors from Asia, Europe, the Middle East and Africa.

The economic zone has also been expanding its infrastructure, offering modern warehouses, industrial land, office spaces and customizable facilities for manufacturers and logistics companies. These developments have played a crucial role in positioning RAKEZ as a preferred hub for both light and heavy industries.

Strategic Expansion Across Multiple Sectors

In addition to supporting SMEs, RAKEZ has recently focused on strengthening its industrial ecosystem. The free zone has seen increasing demand from companies operating in construction materials, metal fabrication, packaging, logistics, renewable energy, and advanced manufacturing.

Industry experts believe this award reflects not just the zone’s current performance but its long-term potential as the UAE continues to diversify its economy and attract global investors through competitive business environments.

A Boost to Ras Al Khaimah’s Position in the UAE Economy

Winning the “Fastest-Growing Economic Zone” title enhances RAKEZ’s reputation on the international stage and further solidifies Ras Al Khaimah’s role as a fast-advancing economic powerhouse within the UAE.

With more businesses choosing RAKEZ for its affordable setup costs, strategic location, and expanding facilities, the economic zone is expected to continue its upward trajectory throughout 2025 and beyond.

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