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UAE Free Zone Drums Up French Business

A delegation from the RAK Investment Authority (RAKIA), a free zone operator in the United Arab Emirates (UAE), recently met with Majdi Abed, Consul General of France, to discuss business opportunities for French companies interested in expanding to the Middle East.

The delegation is currently holding two events in France to elaborate on the economic and financial benefits available to companies expanding to the Middle East through its two industrial parks, in the Al Hamra and Al Ghail areas of Ras Al Khaimah.

The industrial parks are home to over 7,500 companies and manufacturers in various sectors, including metal, chemicals, food, plastics, and automotives.

The Authority noted that the French companies Arc International and Saverglass already have a presence in the free zones.

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