Ras Al Khaimah: Ras Al Khaimah Economic Zone (RAKEZ) is actively participating in GITEX Global 2024, focusing on the Expand North Star segment, which aims to bridge connections between startups and tech industry leaders from over 100 countries. The economic zone is promoting its enhanced business environment and the unique opportunities it offers for tech companies at this key industry event.
According to Emirates News Agency, RAKEZ is using the platform to highlight the significant advantages for technology firms in the UAE, including the potential for up to 40 percent lower operating costs compared to other regional markets. This cost-efficiency is a critical factor in helping businesses scale effectively and sustainably. RAKEZ provides comprehensive support through streamlined business registration, licensing, and visa processing, along with a range of post-set-up services aimed at facilitating growth and easing operational burdens for tech companies.
RAKEZ also caters to a variety of needs within the te
ch community, from startups and SMEs to large enterprises, by offering modern coworking spaces and private offices. The zone’s dedication to fostering a supportive ecosystem is further underscored by its mentorship programmes, which connect businesses with industry experts and tech leaders. These initiatives are complemented by RAKEZ’s networking events and advisory services, which are designed to spur entrepreneurial growth and innovation.
During GITEX, RAKEZ participated in a panel discussion focusing on future innovation trends in the UAE. The discussion highlighted the zone’s commitment to nurturing innovative startups and tech-driven businesses. RAKEZ Group CEO Ramy Jallad commented on the alignment of GITEX Global and Expand North Star with the UAE’s digital transformation goals. He emphasized the role of these platforms in supporting the national strategy to diversify the economy through technological advancement.
Jallad stated, “At RAKEZ, we are perfectly positioned to support this rapid technologic
al growth and innovation, offering the necessary tools and resources for tech companies to thrive in a competitive global market. Our participation in these events demonstrates our commitment to the UAE’s vision by empowering tech businesses to achieve success.”
In addition to its participation in GITEX, RAKEZ continues to strengthen its global tech connections through strategic partnerships with international IT companies, research institutions, and innovation hubs, including a recent collaboration with The Dollar Business.