Latest news with #UAEMinistryofInvestment
Zawya
3 days ago
- Business
- Zawya
RAKEZ concludes series of strategic engagements across China to boost bilateral cooperation
Ras Al Khaimah: Ras Al Khaimah Economic Zone (RAKEZ) successfully concluded a multi-city business mission across China, further solidifying its role in advancing UAE-China trade and investment relations. The delegation participated in several high-level B2B engagements, the prestigious 'UAE – China (Sichuan) Economic & Trade Cooperation Promotion Conference' event, hosted by the Embassy of the United Arab Emirates in Beijing, as well as the Invest UAE Roadshow in Guangzhou led by the UAE Ministry of Investment. The events brought together senior officials, business leaders, and investors to explore cooperation in energy, logistics, technology, healthcare, green energy, and more. Through its participation, RAKEZ deepened dialogue with stakeholders, showcased Ras Al Khaimah's business appeal, and strengthened economic ties with one of its most important international markets. Reflecting on the success of the visit, RAKEZ Group CEO Ramy Jallad commented: 'China is a market of great strategic importance to us. Our continuous engagement across several provinces is part of a broader mission to foster resilient, future-focused partnerships. As an enabler of the Belt and Road Initiative, RAKEZ stands as a trusted platform where Chinese enterprises can establish, innovate, and thrive on a global scale. We are here to support their journey every step of the way.' During the Invest UAE Roadshow in Guangzhou, RAKEZ CCO Anas Hijjawi participated in a panel discussion on 'The UAE as a Manufacturing Hub for Chinese Companies Expanding Internationally'. In his remarks, Hijjawi introduced RAKEZ's dual-track industrial strategy. He first highlighted the zone's strong foundation in traditional manufacturing sectors such as metal processing, building materials, chemicals, etc., which have long been key pillars of Ras Al Khaimah's industrial landscape. He then introduced the economic zone's evolving vision through infrastructural initiatives like Tech Flex—an approach designed to attract technology-driven companies by leveraging synergies with its established industrial base. This transition is already taking shape through major developments like THi's USD 300 million high-tech industrial park and the USD 360 million Zhong A Shandong Industrial Park, which are drawing businesses in advanced manufacturing, wood processing, and food production. Building on this momentum, RAKEZ continues to capture interest from the Chinese business community through its collaborative and flexible approach. Rather than applying a one-size-fits-all model, the economic zone co-develops infrastructure and services with its partners, aligning with each project's unique goals. This has helped foster long-term relationships with over 200 Chinese enterprises across sectors such as LED lighting, packaging, recycling, and engineering. Key players such as China State Construction, Metally Industries, Maxtron Show Lighting, Zaiwei Construction, and THi have chosen RAKEZ as a base for regional operations. These enterprises are supported through streamlined licensing, scalable warehousing and industrial space, and visa facilitation—designed to accelerate set-up and support long-term growth. RAKEZ's efforts align with the UAE's broader role as a key trade partner for China. As China's largest commercial partner in the Arab world, the UAE serves as a critical re-export hub, with around 60% of Chinese trade channelled through the country to more than 400 cities across the MENA region. The economic zone's collaborations with leading Chinese industrial entities and development zones—including the Tianjin Pilot Free Trade Zone, Liaocheng Economic and Technological Development Zone, Zhong A Shandong Industrial Park, and Foshan Commerce Bureau—underscore the depth of its engagement. These relationships are further strengthened through regular outreach and roadshows in key cities such as Shenzhen, Foshan, Dongguan, Guangzhou, Liaocheng, and Tianjin. RAKEZ remains focused on fostering growth in next-generation sectors such as electric mobility, agri-tech, circular economy solutions, and speciality chemicals. Its industrial ecosystem, backed by sector-focused infrastructure and pro-investor policies, is poised to support the ambitions of Chinese businesses seeking international expansion and long-term regional relevance. About Ras Al Khaimah Economic Zone (RAKEZ): RAKEZ is a powerhouse business and industrial hub established by the Government of Ras Al Khaimah in the United Arab Emirates. It currently hosts over 30,000 companies coming from over 100+ countries and operating in more than 50 industries. RAKEZ offers entrepreneurs, startups, SMEs and manufacturers a wide-range of solutions, including free zone and non-free zone licences, customisable facilities, and first-class services provided in a one-stop shop. Furthermore, RAKEZ has specialised zones that are tailored to specific needs of investors: Al Nakheel and Al Hamra Business Zones for commercial and service companies; Al Ghail, Al Hamra and Al Hulaila Industrial Zones for manufacturers and industrialists; and an Academic Zone for educational providers. A leading economic zone, RAKEZ aims to continue attracting diversified investment opportunities that will contribute to the economic growth of Ras Al Khaimah.
Al Etihad
14-04-2025
- Business
- Al Etihad
UAE participates in 3rd GCC Investment Committee Meeting
14 Apr 2025 14:06 ABU DHABI (WAM)The UAE Ministry of Investment, represented by Mohammad Abdulrahman Alhawi, Undersecretary at the Ministry, participated in the third Gulf Cooperation Council (GCC) Investment Committee Meeting held on Sunday in meeting brought together Undersecretaries from GCC Ministries of Investment to discuss the alignment of investment strategies and ways to enhance the region's attractiveness to global investors, in light of the region's growing portfolio of investment discussions built on shared ambitions to improve coordination and harmonise legislative and regulatory frameworks to strengthen the GCC's position as a globally competitive investment destination. Alhawi stated, 'The UAE is committed to continue working closely with its GCC partners to unlock new pathways for joint investment promotion, drive sustainable growth, and enhance the region's global competitiveness. As the GCC continues to expand its collective capacity to attract international investments, deepening economic integration is key to building a resilient and future-ready investment ecosystem across the region.'
Zawya
14-04-2025
- Business
- Zawya
UAE Ministry of Investment participates in third GCC Investment Committee Meeting
UAE reaffirmed its commitment to strengthening regional investment coordination Abu Dhabi – The UAE Ministry of Investment, represented by His Excellency Mohammad Abdulrahman Alhawi, Undersecretary at the Ministry of Investment, participated in the third Gulf Cooperation Council (GCC) Investment Committee Meeting, held on 13 April 2025 in Kuwait. The meeting brought together GCC Ministry of Investment Undersecretaries to discuss aligning investment strategies and enhancing the region's appeal to global investors in light of the region's growing portfolio of investment opportunities. The discussions built on shared ambitions to improve coordination and harmonise legislative and regulatory frameworks, with the aim of strengthening the GCC's position as a globally competitive investment destination. His Excellency Mohammad Abdulrahman Alhawi, Undersecretary at the UAE Ministry of Investment, stated: 'The UAE is committed to continue working closely with its GCC partners to unlock new pathways for joint investment promotion, drive sustainable growth, and enhance the region's global competitiveness. As the GCC continues to expand its collective capacity to attract international investments, deepening economic integration is key to building a resilient and future-ready investment ecosystem across the region.'
Arabian Business
09-04-2025
- Business
- Arabian Business
UAE Ministry of Investment, UNCTAD partner to boost global investment, advance sustainable development
The UAE Ministry of Investment and UN Trade and Development (UNCTAD) have signed a Memorandum of Understanding (MoU) to strengthen cooperation in investment policymaking, research, and sustainable economic development. The partnership underscores the Emirates' commitment to harbouring an investment-friendly environment and reinforcing its role as a global business hub. It also aligns with UNCTAD's commitments to support countries to effectively access the benefits of a globalized economy. UAE's investment ecosystem growth Through the collaboration with UNCTAD, the UAE is advancing the vision outlined in the National Investment Strategy 2031, strengthening its position as a premier global investment hub by capitalising on its world-class infrastructure, ease of doing business, progressive regulatory frameworks and strategic geographical location. The two will establish a framework for cooperation to enhance investment policymaking, facilitate capacity-building initiatives, and promote sustainable economic growth. Key areas of collaboration include knowledge sharing, joint research, event participation, advisory support, and aligning efforts with sustainable development goals. Mohammad Abdulrahman Alhawi, Undersecretary at the UAE Ministry of Investment, said the MoU is in clear alignment with the ambition to position the UAE as a premier global investment destination by cultivating an investment-friendly ecosystem that delivers tangible opportunities and outcomes. 'Through our collaboration with UNCTAD, we will further advance our broader National Investment Strategy and attract high-impact investments that drive long-term economic growth,' he said. Nan Li Collins, Senior Director of Investment and Enterprise at UNCTAD, said the partnership will support UNCTAD's mission to create a more inclusive and sustainable global investment landscape. 'By working with the UAE Ministry of Investment, we can strengthen capacity-building initiatives and advance economic policies that benefit global investors and developing economies alike,' Li Collins said. With significant investments and partnerships in high-growth areas such as artificial intelligence, renewable energy, and digital transformation, the Emirates continues to position itself at the forefront of innovation and economic diversification.
Hi Dubai
08-04-2025
- Business
- Hi Dubai
UAE and UNCTAD Join Forces to Bolster Global Investment and Sustainable Growth
In a move reinforcing its global investment ambitions, the UAE Ministry of Investment has signed a Memorandum of Understanding (MoU) with the United Nations Conference on Trade and Development (UNCTAD) to deepen collaboration in investment policymaking, research, and sustainable economic development. The agreement aims to establish a framework for strategic cooperation, including knowledge exchange, joint research, advisory support, and capacity-building initiatives. It also supports both parties' commitment to advancing the UN Sustainable Development Goals (SDGs) through inclusive and innovation-driven investment policies. Signed by Mohammad Abdulrahman Alhawi, Under-Secretary at the UAE Ministry of Investment, and Nan Li Collins, Senior Director of Investment and Enterprise at UNCTAD, the MoU aligns closely with the UAE's National Investment Strategy 2031. It further strengthens the country's position as a premier global investment hub, leveraging its robust infrastructure, investor-friendly regulations, and strategic location. 'This MoU supports our ambition to build a future-ready investment ecosystem that attracts high-impact investments and drives long-term economic growth,' said Alhawi. 'Through this partnership, we will advance our broader national strategy and reinforce the UAE's global competitiveness.' Collins echoed the sentiment, noting the partnership's potential to shape more inclusive and sustainable investment landscapes: 'Working with the UAE allows us to support global investors while advancing development-oriented economic policies.' This strategic alliance reflects the UAE's growing leadership in emerging sectors such as artificial intelligence, clean energy, and digital transformation. It highlights the country's ongoing commitment to economic diversification and innovation, positioning it as a vital player in shaping the future of global investment. News Source: Emirates News Agency
