RAK FTZ & RAKIA Awards Outstanding Businesses in Ras Al Khaimah

RAS AL KHAIMAH, 20 January 2017 

Excitement filled Rixos Bab Al Bahr as Ras Al Khaimah Free Trade Zone (RAK FTZ) and Ras Al Khaimah Investment Authority (RAKIA) announced the winners of the first joint RAK Free Zones Business Excellence Awards on 19 January 2017.

The much-awaited awards programme lauded 10 outstanding companies that displayed relentless commitment to organisational excellence and contributed immensely to strengthening Ras Al Khaimah’s socio-economic future.

“We have been organising the Business Excellence Awards for three successive years now, but the gratifying feeling of showcasing the hard work of passionate companies never gets old,” said His Highness Sheikh Ahmed bin Saqr Al Qasimi, Chairman of RAK FTZ and RAKIA. “Knowing that we have played a vital role in nurturing these truly admirable companies makes me very proud”.

The recipients of the 2016 RAK Free Zones Business Excellence Awards are:

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• BEST NEW STARTUP

Salaty, a provider of prayer essentials for women and children

Burkert Middle East, a manufacturer of measurement and control systems for liquid and gases

• BEST SMALL BUSINESS OF THE YEAR

Stafford Associates, one of the oldest distance learning provider in the Middle East

• FASTEST GROWING COMPANY – SMALL

Synergy International, a technical resource engineering company

• FASTEST GROWING COMPANY – MEDIUM & LARGE

International Armored Group, an armoured vehicle manufacturer with unparalleled safety and performance record

• BEST INDUSTRIAL COMPANY OF THE YEAR – SMALL SIZE

Spatial Composite Solutions, one of the global leaders in providing cabin crew training simulators

• BEST INDUSTRIAL COMPANY OF THE YEAR – MEDIUM SIZE

Naturelle, a manufacturer of FMCG products for the various brands of Dabur International

• BEST INDUSTRIAL COMPANY OF THE YEAR – LARGE SIZE

ARC International Middle East, one of the leading producers of glass tableware products

• BEST CONTRIBUTOR TO RAS AL KHAIMAH DEVELOPMENT

Utico, the largest full-service private utility in the Middle East

• BEST CORPORATE SOCIAL RESPONSIBILITY

Future College FZE, an academic infrastructure provider

Runner-ups were also recognised during the ceremony, including: D Raama Clothing, Experio International, Kersten Middle East, Abiya Building Materials Trading, TAG Middle East, Global Processing, Ocean Rubber Factory, CORE, and Mahindra Emirates Vehicles Armouring. Award winners and runner-ups were selected by an independent judging committee from IPE following a systematic assessment process.

Upon the end of the celebration, Ramy Jallad, RAK FTZ and RAKIA’s CEO, commended the winners, saying: “We received a huge number of remarkable applications this year, but the names we revealed tonight were the ones that truly exceeded expectations in serving their respective stakeholders and the community of Ras Al Khaimah. Congratulations to all the winners. I wish that their journey to excellence continues and serves as an inspiration to other businesses in the UAE”.

Jallad also stated that both free zones will continue striving to support and uplift the businesses in emirate with the aim of consolidating RAK’s position as a highly attractive business destination for investors from all over the world. “This 2017, RAK FTZ and RAKIA will roll out major developments, but the motivation of why we do what we do will always stay the same – and that is to keep innovating the business-friendly environment that we provide to our clients. Facilitating their growth so they can reach new milestones will always be on the top of our list,” he concluded.

– Ends –

About Ras Al Khaimah Free Trade Zone:
Ras Al Khaimah Free Trade Zone (RAK FTZ) provides award-winning services and world-class facilities, enabling clients to quickly and efficiently set up and grow profitable companies in the United Arab Emirates. Home to more than 8,600 active companies from over 100 countries and over 50 industry sectors, RAK FTZ offers a completely tax-free status to its clients, allows for 100 per cent foreign ownership and unrestricted repatriation of profits, in addition to a host of other business-friendly incentives.

Less than an hour’s drive from Dubai, RAK FTZ offers significant geographical advantages for clients to easily access markets in the Middle East, Africa and South Asia. It caters to the unique requirements of small, medium and large businesses with four free zone parks including business centre facilities, offices, warehouses and land for development, as well as facilities for educational institutions. Since its inception 15 years ago, RAK FTZ has diversified from its traditional focus on industrial manufacturing to also support trading, sales and marketing activities, a wide range of service sectors, as well as logistics and distribution platforms. To learn more about RAK FTZ, please visit www.rakftz.com.

Media Contact:
Cleo Eleazar                                                           
Senior Manager – Public Relations & Events
Ras Al Khaimah Free Trade Zone Authority (RAK FTZ)
Phone: +971-7-2077173
E-mail: [email protected]

© Press Release 2017