"Pasture" and"Ras Al Khaimah Economy" They enhance business services in the emirate

Ras Al -Khaimah, January 24 / WAM / The Ras Al Khaimah Economic Regions Authority, “Rakiz”, concluded a memorandum of understanding with the Department of Economic Development in Ras Al Khaimah, with the aim of enhancing business services provided to companies in the emirate.
The signing ceremony took place in the presence of Mohamed Al -Mahmoud, Assistant Director General of the Department of Economic Development, Qutaiba Al -Issa, Director of Value Services Department, in the centers, at the Combas Business Center of the Center.
This cooperation embodies the commitment of both parties to simplify and improve the journey of companies’ business, as the Department of Economic Development in Ras Al Khaimah will support this agreement “Rakz” in expanding the value -added services group available to it, including opening bank accounts for companies and providing tax declaration services, accounting and financial services to cover a broader segment From customers.
This initiative is a strategic step aimed at ensuring that companies are provided with the tools and resources necessary to improve their operations and comply with regulatory requirements and focus on achieving growth; By taking advantage of the common advantages, “Rakz” and the Department of Economic Development in Ras Al Khaimah works to create a stimulating work environment that supports the prosperity of companies in a market that is competitive.
Ramy Glad, CEO of the Rakz Group, said that enabling companies is a basic pillar of economic growth in the Emirate of Ras Al Khaimah, noting that the partnership with the Department of Economic Development reflects a common vision to create a dynamic environment that allows companies to achieve success and define new standards for excellence.
Dr. Abdul Rahman Al -Shayeb Al -Naqbi, Director General of the Department of Economic Development in Ras Al -Khaimah, stressed the department’s keenness to develop strategies that contribute to creating an appropriate work environment, noting that the department seeks to achieve a high classification in the ease of doing business by following the best international standards and practices.

He said that the partnership with “Raks” is a strategic step towards achieving common goals and accelerating the exceptional investment opportunities thanks to the initiatives that work to facilitate business and simplify procedures related to tax registration and open bank accounts.
This partnership between Rakz and the Department of Economic Development in Ras Al Khaimah plays an important role in creating an appropriate work environment in the Emirate of Ras Al Khaimah and paving the way for companies to achieve success and participate in advancing the local economy growth of the emirate.

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