More than 13 thousand companies join "Pasture" In 2024

Ras Al Khaimah, January 26 / WAM / The Ras Al Khaimah Economic Regions Authority “Rakz” recorded the joining of 13,141 new companies to its prosperous business community in 2024, with a growth rate of 66% compared to 2023.
And “Rakz”, through this achievement, has become a home to about 30 thousand multinational companies, which enhances its position as a prosperous global center for merchants and companies looking for excellence in business, and strategic access to regional and global markets, and witnessed during the year 2024, the growth of its leaders is mainly commercial activities , Including public trade and e -commerce, and the relevant business that combined 53% of the total of newly registered companies.
The Consulting Sector came second, as a major shareholder in the growth witnessed by “Rakz” by 24%, while other sectors emerged significantly such as media, marketing, trade, and manufacturing services, and others.
Rami Glad, CEO of the Rakz Group, said that the group has managed during the past five years to double the number of companies joining to its prosperous business community, which reflects the growing status of the Emirate of Ras Al Khaimah, as a major axis for global innovation and trade, stressing the group’s commitment, to provide integrated and environmentally supportive support and services Stimulating works that enable companies of different sizes and sectors to expand and achieve success.
He explained that the growth achieved by “Rakz” in 2024 was marked by the joining of entrepreneurs and companies from all over the world, noting that India came at the top of the countries as the largest authority for new companies joining to “Rakz”, which also witnessed a great demand from investors from Pakistan and the Kingdom United and Egypt and the Philippines, along with many other countries.
He pointed out that “Rakz” puts its eyes to strengthen the economic scene in Ras Al -Khaimah, by exploring new opportunities to support the business community, focusing on anticipating the market trends and enabling companies to achieve success in the emerging sectors through an advanced business system and global strategic partnerships.
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