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In a world interconnected by global trade, partnerships between nations hold immense importance. One such alliance recently caught the spotlight. His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, warmly welcomed a high-level British delegation. This meeting aimed to delve into various facets of trade and economic cooperation between Ras Al Khaimah and the United Kingdom. Let’s embark on a journey to explore the collaborative efforts that promise to boost business activities and international connectivity.
Sheikh Saud’s Grand Welcome
His Highness Sheikh Saud bin Saqr Al Qasimi’s reception of the British delegation set the stage for a promising collaboration. As the UAE Supreme Council Member and Ruler of Ras Al Khaimah, Sheikh Saud’s leadership is pivotal in fostering economic growth within the emirate.
The Distinguished Delegation
The British delegation representing the United Kingdom comprised a cadre of influential officials, including Gareth Johnson MP, British Prime Minister’s Trade Envoy to the UAE. Notably, the delegation also included board members of the British Chamber of Commerce Dubai (BCCD), led by its Chairman Andrew Mortimer and CEO Katy Holmes.
Strengthening Bonds: The MoU Signing
During this significant visit, an essential milestone was achieved as RAKEZ Managing Director Sheikh Mohammed bin Humaid Al Qasimi and BCCD Chairman Andrew Mortimer signed a Memorandum of Understanding (MoU). This MoU outlines a roadmap for collaboration, with a primary focus on supporting existing British investors in Ras Al Khaimah and those eager to venture into this Emirate.
Paving the Way for British Investors
RAKEZ officials played a pivotal role during the delegation’s visit, providing comprehensive insights into establishing businesses within RAKEZ. They shed light on the organisation’s extensive support and services to those looking to initiate their UAE ventures. This information proves invaluable for British investors seeking to tap into the thriving UAE market.
RAKEZ: A Driving Force for Growth
RAKEZ Group CEO Ramy Jallad underscored RAKEZ’s crucial role in stimulating investment and business growth within the emirate. With over 1,700 British SMEs and industrial players choosing RAKEZ as their business hub, collaborating with the British Chamber of Commerce Dubai represents a significant step towards solidifying economic bonds between the UK and Ras Al Khaimah.
British Embassy’s Support
Rob Bricker, Country Director for the Department of Business and Trade, British Embassy, UAE, expressed the embassy’s commitment to increasing opportunities for UK companies across all emirates. The partnership between BCCD and RAKEZ garnered the embassy’s full support, paving the way for mutual growth and prosperity.
BCCD’s CEO Perspective
Katy Holmes, CEO of BCCD, highlighted the long-standing association between RAKEZ and her organization. This MoU between the two entities further strengthens their collaborative efforts. It enhances the BCCD’s capacity and reach, aligning with the accelerating demand and opportunities for British businesses and expatriates in Ras Al Khaimah.
British Giants at RAKEZ
RAKEZ serves as a thriving ecosystem for numerous British giants, including global tea producer Ahmad Tea, the world’s leading laptop remanufacturer A2C, aircraft cabin simulator manufacturer Spatial Composite, and manufacturers like Manchester Paperbags and JRL Fabrications, among many others. These success stories underscore the vast potential for British enterprises within Ras Al Khaimah.
In the ever-evolving global trade landscape, partnerships between Ras Al Khaimah and the United Kingdom stand as testaments to the spirit of collaboration and growth. As His Highness Sheikh Saud bin Saqr Al Qasimi extends a warm welcome to the British delegation, the world watches with anticipation as these two entities join hands to create a brighter economic future for themselves and the broader international community. The MoU signed during this visit is not just a document; it’s a symbol of shared dedication to sustainable development and international collaboration. With RAKEZ as the cornerstone for British businesses in the UAE and the British Embassy’s unwavering support, the possibilities for growth and prosperity seem limitless. The journey has begun, and the destination holds promise for all involved.