Ras Al Khaimah empowers eCommerce Industry with progressive policy changes

By Rahul Vaimal, Associate Editor
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RAKEZ Ras Al Khaimah Economic Zone
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Ras Al Khaimah’s Economic Zone (RAKEZ) has extended the activities under its e-commerce license and launched new set-up packages to support the entire e-commerce value chain, from products and services e-traders to storage, fulfillment and logistics providers.

In line with trends across the globe, RAKEZ witnessed a 150 percent increase in e-commerce related inquiries within the first half of 2020, compared to the same span last year including an increase of  91 percent in new registrations.

Ramy Jallad
Ramy Jallad

“RAKEZ has always been one of the leading hubs for e-commerce businesses, and it is only natural that we continue to come up with more solutions to support this growing industry. This time, we are looking at a macro level, supporting not only e-traders but every enabler in the e-commerce spectrum, such as businesses that offer digital trading platforms, warehousing and inventory management, the fulfillment of orders, delivery services, tech development and back-office support, and more.”

“We are here not just to provide them with a home and an ecosystem, but support their entire journey through our robust IT and telecom infrastructure and a selection of facilities to set up their operations. Another important factor is our collaborative business community of over 15,000 where they can potentially meet suppliers or service providers,” Mr. Jallad stated.

Mr. Jallad added that the economic zone’s new e-commerce set-up packages are the most competitive ones in the market, packed with unique benefits. “Incentives embedded in our new packages include all types of licensing activities related to e-commerce and customized support boosters offered during these challenging times.”

RAKEZ also tied up with online payment gateway solution providers and reputed website and app developers to offer exclusive rates and incentives to clients and help them strengthen their digital presence.