AsiaOne Magazine April-May 2018 Issue

achievements
A gateway to the world, an epitome of globalization, UAE’s strategic location
has made it a commercial hub and people from all over the world prefer
to invest and spend their hard earned money here. Having most advanced
and developed infrastructure from roads to airports to telecommunications,
the UAE is a home to world class facilities which have propelled economic
growth and facilitated the development of business.
Occupying centre stage are some of the visionary and proactive luminaries of
the UAE who are resplendent with some of the fine management abilities and
are efficient administrators, quick decision makers and executors who have
made a remarkable contribution in placing the UAE at a prominent position
on the world map. Here’s an exhibition of the most powerful, influential and
mightiest businesspeople in the UAE.
HH Sheikh Ahmad
bin Saqr Al Qasimi
His Highness Sheikh Ahmed bin Saqr Al Qasimi is a Member
of United Arab Emirates Supreme Council and Ruler of Ras
Al Khaimah, and is efficiently spearheading Ras Al Khaimah
Economic Zone (RAKEZ) as Chairman. RAKEZ was established to
oversee and consolidate the specialised zones and clients of both
Ras Al Khaimah Free Trade Zone (RAK FTZ) and RAK Investment
Authority (RAKIA). Committed to its promise of empowering free
zone and non-free zone investors by offering a cost-effective and
world-class economic zone with customisable packages and services
as well as state-of-the-art facilities, RAKEZ is blessed with a strategic
location and connects investors to the growing markets of the Middle
East, North Africa, Europe as well as South and Central Asia.
Under his quintessential leadership, RAKEZ has recently inaugurated
its new office at Mumbai, India. Spread over 33 million square metres,
over 13,000 companies representing 50 sectors from 100 countries
are operational here. 3,000 Indian companies including Ashok
Leyland, GK Technologies & Dabur have their presence in the plugand-play
free trade zone because of its cost-effective environment,
simplified processes, superior logistics & global connectivity. On the
occasion, Sheikh Al Qasimi, RAKEZ Chairman, said, “This will provide
a huge competitive edge they believe, to the Indian companies to
compete with international markets as the cost of operations on
set up as Ras Al Khaimah Economic would be reduced anywhere
from 25 to 50%.” He further added, “For a long time, India has been
an important market for us – 20% of the companies at RAKEZ are
from India. That’s why we’ve chosen to open our new office here –
because it brings us closer to our clients and to the exciting diversity
of businesses in this region, which I very much hope will soon join us
and become part of the RAKEZ family.”
40 | ASIA ONE | april-mAY 2018