Government | Thursday 26 March, 2015 9:16 pm |

RAS AL KHAIMAH, 25 March 2015: Ras Al Khaimah Free Trade Zone (RAK FTZ), a leader in community outreach activities and environmentally sustainable business practices across the United Arab Emirates (UAE), has won an award from the German Emirati Joint Council for Industry and Commerce (AHK) for its Corporate Social Responsibility (CSR). Additionally, for the second year in a row, RAK FTZ has won the prestigious Environment Protection & Development Authority (EPDA) award for the Best Environmental Practices in Ras Al Khaimah.
“We are honoured to receive these awards from the German Emirati Joint Council for Industry and Commerce and the Environment Protection & Development Authority of Ras Al Khaimah,” said Ramy Jallad, Acting CEO, RAK FTZ. “These awards recognise the fact that, at RAK FTZ, we participate in and contribute to the community where we live and work. The awards also recognise the many measures we have taken to minimise the energy and water usage of the more than 8,000 companies that have made us their investment home.”
In addition to these awards, RAK FTZ was honoured recently on the London-based Financial Times’ fDI Magazine’s “Ones to Watch” list for the tax-free, business-friendly incentives and location of its Industrial Park; and by the Embassy of Switzerland in the UAE for outstanding accomplishments in bilateral interests between the UAE and Switzerland.

About Ras Al Khaimah Free Trade Zone:

Ras Al Khaimah Free Trade Zone (RAK FTZ) provides award-winning services and world-class facilities, enabling clients to quickly and efficiently set up and grow profitable companies in the United Arab Emirates. Home to more than 8,000 active companies from over 100 countries and over 50 industry sectors, RAK FTZ offers completely tax-free status to its clients, allows for 100 per cent foreign ownership and unrestricted repatriation of profits, in addition to a host of other business-friendly incentives.

Less than an hour’s drive from Dubai, RAK FTZ offers significant geographical advantages for clients to easily access markets in the Middle East, Africa and South Asia. It caters to the unique requirements of small, medium and large businesses with three business parks including business centre facilities, offices, warehouses and land for development, as well as the affiliated RAK Academic Free Zone for educational institutions. Since its inception 15 years ago, RAK FTZ has diversified from its traditional focus on industrial manufacturing to also support trading, sales and marketing activities, a wide range of service sectors, as well as logistics and distribution platforms. In addition, the RAK Academic Free Zone is home to a wide variety of educational institutions and service providers. To learn more about RAK FTZ, please visit www.rakftz.com