RAKEZ Crowned ‘Free Zone Hub of the Year’!

RAKEZ Crowned 'Free Zone Hub of the Year'!

Discover why RAKEZ was honored as the ‘Free Zone Hub of the Year’ at the Enterprise Agility Awards 2023.

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In the ever-evolving Middle East and North Africa (MENA) region, the Ras Al Khaimah Economic Zone (RAKEZ) is a shining example of economic resilience and growth. RAKEZ’s recent accolade as the ‘Free Zone Hub of the Year’ at the Enterprise Agility Awards 2023, organized by Entrepreneur Middle East, has validated its dedication and showcased its unwavering commitment to fostering business prosperity. In this comprehensive article, we’ll delve into RAKEZ’s journey, its visionary leadership, and its exceptional contributions to the economic landscape of Ras Al Khaimah and beyond.

RAKEZ: A Brief Overview

Before we dive into the details of RAKEZ’s recent achievements, let’s get acquainted with this economic powerhouse.

What is RAKEZ?

RAKEZ, or Ras Al Khaimah Economic Zone, is a thriving business hub in the heart of Ras Al Khaimah, one of the seven emirates of the United Arab Emirates (UAE). Established with the mission to provide businesses with a conducive environment to thrive, innovate, and succeed, RAKEZ offers state-of-the-art facilities and world-class services.

The Significance of RAKEZ

In the dynamic business landscape of the MENA region, RAKEZ plays a pivotal role in driving economic growth. It catalyzes local and global enterprises, enriching the vibrant ecosystem in Ras Al Khaimah and extending its influence beyond geographical boundaries.

RAKEZ’s Triumph at the Enterprise Agility Awards 2023

The Prestigious Accolade

The Enterprise Agility Awards, organized by Entrepreneur Middle East, is a highly regarded event that celebrates the resilience and growth of businesses in the MENA region. At the 2023 edition of this awards ceremony, RAKEZ received the coveted title of the ‘Free Zone Hub of the Year.’ This recognition is a testament to RAKEZ’s unwavering commitment to providing an unparalleled platform for businesses to prosper within the region.

Ramy Jallad’s Elation

Upon receiving this prestigious accolade, Ramy Jallad, the Group CEO of RAKEZ, couldn’t contain his elation. He shared, “Receiving this recognition marks a significant milestone for the economic zone, reaffirming our unwavering commitment to providing an unparalleled platform for businesses to prosper within the region.” Mr Jallad’s words reflect the depth of dedication to building RAKEZ into the powerhouse it is today.

A Symbol of Ambition and Accomplishment

The ‘Free Zone Hub of the Year’ award symbolises RAKEZ’s ambition and accomplishments in driving progress and prosperity. It’s an accolade and a testament to RAKEZ’s commitment to fostering economic growth and innovation, benefiting local and global enterprises.

RAKEZ’s Integral Role in Economic Growth

Pivotal Contribution to Ras Al Khaimah

RAKEZ has consistently played a pivotal role in driving economic growth in Ras Al Khaimah, one of the lesser-known emirates of the UAE. Its unwavering support for businesses has boosted the local economy and contributed significantly to the wider UAE’s economic landscape.

A Dedication to Innovation and Success

Jallad emphasizes, “This award underscores our dedication to cultivating an environment where businesses can thrive, innovate, and succeed.” RAKEZ’s commitment to delivering world-class services, state-of-the-art facilities, and unwavering support for its clients and partners remains steadfast.

Recognizing Excellence: Moulham Al Chawa in GC Powerlist

Introduction to Moulham Al Chawa

In addition to RAKEZ’s remarkable achievement at the Enterprise Agility Awards, The Legal 500 recently listed Moulham Al Chawa, RAKEZ’s General Counsel, in the prestigious GC Powerlist: Middle East 2023. This recognition is a testament to his exceptional leadership and expertise in the legal field.

Moulham Al Chawa’s Impact

Al Chawa’s presence on this list acknowledges his significant contributions to driving the legal business forward in the Middle East. His expertise and leadership have not only benefited RAKEZ but have also made a substantial impact on the entire legal landscape of the region.

RAKEZ’s Commitment to Excellence

Maintaining High Standards

RAKEZ is committed to maintaining the high standards it has set for itself. Its focus on excellence, growth, and leadership in the business landscape remains unwavering.

A Look into the Future

As RAKEZ celebrates its recent achievements, it also looks forward to building on them. The economic zone’s dedication to the success of its clients and partners continues to be a driving force in its journey towards becoming a leader in the MENA region’s business landscape.


RAKEZ’s journey to becoming the ‘Free Zone Hub of the Year’ and the recognition of Moulham Al Chawa on the GC Powerlist: Middle East 2023 highlight the economic zone’s commitment to excellence in business and the legal field. With Ramy Jallad’s visionary leadership and dedication to fostering growth and innovation, RAKEZ continues to shape the business landscape in the MENA region. As they look ahead to a promising future, RAKEZ remains a beacon of resilience and success for businesses and partners alike.

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