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UAE financial zone open to African companies

August 3, 2025
in Investing
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Ras Al Khaimah Financial Zone (RAKEZ) data 43 p.c enhance in new corporations.
Financial zone provides one hundred pc possession to overseas corporations.
African corporations inspired to arrange on the RAKEZ.

A brand new buying and selling hub within the UAE dubbed Ras Al Khaimah Financial Zone (RAKEZ), recorded a big 43 p.c enhance in new firm registrations for the primary half of 2025 in comparison with the identical interval final 12 months.

In line with officers on the financial zone; “a complete of 8,506 corporations joined the RAKEZ enterprise neighborhood between January and June this 12 months, up from 5,933 within the first half of 2024, marking a big leap within the financial zone’s continued development trajectory.”

“RAKEZ’s exceptional success has been pushed by our efforts to create a business-friendly surroundings tailor-made to companies from all around the world of each measurement and sector,” explains the CEO of Ras Al Khaimah Financial Zone (RAKEZ) Ramy Jallad.

In a latest interview with ITP Media, the CEO stated corporations are significantly drawn by RAKEZ’s cost-effectiveness, through which working prices are roughly 40 p.c decrease than different financial zones.

“Moreover, we provide seamless setup processes, one hundred pc firm possession, full revenue repatriation, and tailor-made assist companies akin to visa processing and banking help,” he stated.

He additionally identified that  corporations are additionally interested in the zone’s strategic location on the crossroads of main commerce corridors connecting Europe, Asia, and Africa and the truth that the UAE enjoys beneficial development projections by the IMF, a powerful 5.1 p.c in 2025.

“Corporations are selecting to relocate right here due to the Emirate’s beneficial economic system, together with one in all world’s lowest tax constructions, making it financially engaging for companies,” he went on to element.

Furthermore, past financial benefits, Ras Al Khaimah provides an distinctive way of life, together with reasonably priced housing, fashionable healthcare, worldwide colleges, and a protected, household pleasant neighborhood surroundings, the CEO particulars.

Additionally, the town provides strong infrastructure, entry to high-growth markets, and rising sectors like luxurious actual property and digital property; “all these elements additional solidify our place as an excellent hub for British companies in search of world growth,” he added citing that UK corporations are essentially the most registered.

Tanzania President Samia Suluhu strengthens ties with UAE. [Photo/Pixwok]

Additionally Learn: China embarks on world’s largest hydropower dam

RAKEZ incentives set it aside from different free zones

In line with the chief, RAKEZ supplies devoted industrial zones with customizable services designed to optimize manufacturing workflows particularly for engineering SMEs.

“Our specialised industrial packages embody purpose-built warehouses, developable land, and on-site technical assist that addresses the distinctive challenges confronted by manufacturing operations,” he goes on to elaborate.

For instance, he cited British producers like Manchester Paper Baggage and JRL Fabrications who, in accordance with him, have leveraged these tailor-made options to determine environment friendly manufacturing services that serve each regional and world markets.

A supporting issue is the UK-UAE Sovereign Commerce Settlement negotiations tht have been initiated in 2022.

As these negotiations at the moment are being finalised, the UK authorities has projected that the settlement may enhance bilateral financial ties by 16 p.c and add USD$10.8 billion to the area yearly.

To this impact, Jallad stated; “It will create a framework for unprecedented cooperation between the 2 economies, of which the UAE is a significant participant.”

Additionally, the UK Division for Enterprise and Commerce signed a development partnership settlement with Ras Al Khaimah final 12 months to discover future commerce and business collaboration.

It follows that, this alignment leverages established platforms just like the UK-UAE Enterprise Council, Joint Taskforce, and Joint Financial Committee, producing improved market entry and decreasing regulatory limitations for corporations working in RAKEZ.

“British corporations can leverage our beneficial commerce relationship with the UK and profit from unprecedented market entry and diminished enterprise limitations in Ras Al Khaimah and the broader UAE,” Jallad stated.

“What really units RAKEZ aside from different free zones is our complete ecosystem method. Not like opponents, we provide each free zone and non-free zone formations, fast-track processes, and end-to-end assist companies,” he summed up.

He stated precedence on sustainable infrastructure that enhances effectivity whereas decreasing vitality consumption is a crucial consideration for forward-thinking producers trying to minimise their environmental footprint.

Thus far, the RAKEZ enterprise zone encompasses greater than 35,000 companies from over 100 international locations working throughout greater than 50 sectors, fostering priceless networking and partnership potentialities all through the area.

This numerous enterprise neighborhood, mixed with the UAE’s standing as one of many world’s best economies, supplies the perfect surroundings for corporations trying to broaden and leverage native and world connections.

Close by developments additionally serve to assist RAKEZ like the truth that Ras Al Khaimah which welcomed 1.28 million vacationers in 2024, and transformative initiatives like Wynn Al Marjan Island which is driving important investments into the Emirate and RAKEZ is nicely located to host corporations trying to faucet into the burgeoning UAE economic system.

Detailing, Jallad stated; “Whereas every Emirate supplies distinctive advantages inside this ecosystem, Ras Al Khaimah provides distinct operational benefits that complement the UAE’s total enterprise surroundings.”

He additionally highlighted the extremely diversified economic system that he stated supplies distinctive stability and resilience towards market fluctuations.

RAKEZ creating alternative for African companies

The UAE maintains its standing as some of the aggressive and extremely superior economies on this planet and has a lot to supply to worldwide companies trying to transfer overseas and Africa isn’t any exception.

In line with the RAKEZ CEO, African markets are open for enterprise, corporations that arrange on the RAKEZ are strategically positioned with the devoted RAK Worldwide Airport close by.

“We’re simply 4 hours away from most African locations granting quick access to those high-growth areas that symbolize the way forward for world financial improvement,” the CEO factors out.

From an operational perspective, African companies stan to profit from RAKE’s streamlined enterprise processes and price benefits.

For instance, improvement prices in Ras Al Khaimah are 10 p.c beneath the UAE common, this supplies important financial savings for corporations establishing bodily operations on the RAKEZ.

“Moreover, our industrial land leasing charges supply aggressive benefits in comparison with different emirates, permitting companies to optimise their capital deployment and operational expenditure,” he

Additional nonetheless, the regulatory surroundings in Ras Al Khaimah emphasises enterprise facilitation, with quicker approval processes and diminished forms.

“Our authorities entities work in shut coordination to make sure that enterprise institution and ongoing operations proceed easily, creating an surroundings the place companies can concentrate on development relatively than administrative challenges,” he reassured stakeholders.

Moreover, Ras Al Khaimah is an oil-free economic system as a result of it has developed strong various sectors together with manufacturing, tourism, and actual property.

“No single sector accounts for greater than 1/3 of total GDP, guaranteeing resilience towards world shocks or uncertainties,” he defined.

The RAKEZ mission is to supply companies working inside it’s financial zone with the instruments and services that they should thrive.

Amongst different elements, it avails companies with versatile services together with coworking areas, customisable workplaces, warehouses, and developable land tailor-made to particular operational necessities.

“We consider working environments have to be optimised for corporations and this has reaped its rewards as we’re seeing an rising variety of companies selecting RAKEZ due to our bespoke supply,” he concluded.

The RAKEZ additionally present seamless entry to 5 main seaports and a global airport, and also you even have the Etihad Railway community connecting all the UAE, thus creating unparalleled logistical benefits for corporations engaged in regional and world commerce.



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