The Ras Al Khaimah Investment Authority (RAKIA) is now part of the Ras Al Khaimah Economic Zone (RAKEZ), offering established industrial parks and cost-effective company formation for manufacturers and traders.
Home to major zones like Al Hamra and Al Ghail, optimized for heavy industry and manufacturing.
In 2017, RAKIA consolidated with the RAK Free Trade Zone to form RAKEZ. Today, businesses benefit from the same established industrial parks, 100% foreign ownership, and competitive operating costs, all administered under the RAKEZ authority.
Key industrial parks and license types include:
Setup supports flexible company structures, with visa quotas scaled to accommodate large industrial workforces.
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