"Pasture" A successful mission leads to Milan to enhance investment cooperation between the UAE and Italy

Ras Al Khaimah, May 23 / WAM / The Ras Al Khaimah Economic Regions Authority “Rakz” visited a strategic work to the Italian city of Milan, with the aim of strengthening investment ties between the UAE and European markets.
The task included organizing a workforce event that brought together an elite group of leaders of the Italian industry, in addition to participating in the third edition of the “Investopia Europe” conference, where the discussions dealt with the most prominent developments in global investment and economic cooperation paths between the two continents.
The visit coincided with the rapid growth in economic relations between the UAE and Italy, as the volume of non -oil trade exchange between the two countries reached 14.1 billion US dollars, recording 21% growth in one year, and more than 50% during five years, and Italy is today the most prominent commercial partner for the UAE among the European Union countries, with increasing cooperation in various future sectors.
“Rakz” organized a working breakfast event in the heart of the city of Milan, which gathered the leading leaders of the cars, engineering, luxury goods, food and beverages, where they reviewed the opportunities for cooperation and expansion strategies in the UAE, and the event included a session presented by Michelle, the princesses of the administrative partner at the company “Will Tax” and “Rakz” partner years ago, during which he shed light on the advantages of the Emirati tax system and its flexibility compared to compared European systems.
Rami Glad, CEO of the Rakz Group, said that the Italian companies are characterized by international experiences, high quality and innovative spirit in line with the vision of “Rakz”, explaining that Rakz’s goal is to provide these companies with a flexible and effective platform that support their long -term growth and whether it is active in manufacturing or advanced services, Rakz provides them with infrastructure and supportive services that enable them to succeed locally And globally, which reflects its commitment to accelerate the growth of distinguished business.
Today, “Raks” includes a business community of more than 30,000 companies, including more than 600 Italian companies such as Etalvs, Eminox, Newos Middle East, City BT and Messano. These companies benefit from the procedures for establishing facilitated, expandable facilities and custom services that meet their ambitions in regional and global expansion.
Jallad participated in the discussion of the “Interestopia Europe” discussion, along with global investors and thought leaders, to discuss the transformations of the global economy and reshape the map of investment opportunities, which reflects the strategic role that “Rakz” plays and not limiting it to empowering business, but also exceeds that it is a strategic partner that contributes to drawing features of the future of investment between Europe and the Middle East.
This tour came as part of the continuous “Rakz” efforts to expand its global presence, and to consolidate the position of the Emirate of Ras Al Khaimah as an ideal gateway for international companies wishing to expand towards the markets of the Middle East, Africa and Asia.

• For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter