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RAK FTZ registers 875 new firms in H1

21 Aug 2010

(MENAFN) Ras Al Khaimah Free Trade Zone (RAK FTZ), one of the newest free zones in the UAE, has registered 875 new companies in the first half of this year, a report said.

RAK FTZ also posted a nine percent revenue increase from the same period last year, it said in a statement.

The free zone has demonstrated a powerful and strengthened market presence in the first six months of 2010 as a direct result of increased marketing and public relations activities.

Its active presence internationally, through sponsorship of and participation in key events and conferences and hosting of high-profile foreign delegations to RAK, has directly translated an ever-increasing number of clients and investors from all corners of the globe, the free zone said.

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