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Ras Al Khaimah set for debut investment forum

RAS AL KHAIMAH, October 11, 2016

Ras Al Khaimah Finance & Investment Forum (Rakfif), the new platform for uncovering business investment opportunities and set-up in Ras Al Khaimah (RAK), is gearing up for its debut show.

To be held from December 13 to 14, at the Rixos Bab Al Bahr in Ras Al Khaimah, (UAE), the forum expects to bring together over 300 high-level delegates and other government and industry leaders with RAK entities, showcasing the emirate in its entirety, while offering professional investment assistance and information.

Aiming to help business leaders, financiers, and investors navigate this developing landscape, the inaugural event Ras Al Khaimah Finance & Investment Forum provides a platform for information, networking and commercial opportunities.

The forum has strong government support and key RAK entities and will be hosted under the Patronage of HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah.

"Rakfif is the first and only event of its kind to showcase Ras al Khaimah as whole, focusing on key sectors of economic growth within the emirate – hospitality, tourism, real estate, manufacturing and infrastructure development," remarked Irina Awote, the project director.

“By bringing together key RAK entities on one platform and providing a unique networking opportunity for investors and businesses alike, the objective of the RAKFIF conference is to unify these strategic partners in presenting an all encompassing network of advice, services and business opportunities that have emerged in the Emirate for investment,” stated Awote.

Ras Al Khaimah, he stated, has witnessed unprecedented economic growth in recent years, having one of the fastest growing economies in the Mena region with a yearly average growth rate of 8.8 per cent, and making the ranks as one of the Financial Times’ top ten small-medium global cities of the future.

Commenting on its participation, Dennis Karapiperis, the chief executive of Archirodon Construction (Overseas), said: "Our strong and strategic presence in RAK is based on our firm belief in its ever growing role in the region."

"It provided us with a great stable platform as we continue investing in our regional shipyard and lately in our state-of-the-art Fabrication Facilities. We look forward to meeting at the Forum other stakeholders who share our vision and excitement for RAK future in order to establish successful collaborations," he noted.

As a high-level international business investment and finance forum, Rakfif will bring together experts from government and leading industries with international and regional investors and financiers, to explore business opportunities in the emerging Emirate.

It will highlight the numerous investment projects that have been initiated, focusing on a number of key economic sectors including manufacturing & production, real estate, hospitality & tourism, infrastructure – ports, airport and utilities.

The event’s agenda includes panel discussions, sector specific break out sessions and plenary sessions with speakers from leading corporations such as Goldman Sachs International, PwC, Colliers International, HSBC, Samena Capital Investments Limited, Utico, Nabarro Middle East and Halcrow.

Wassim Moukahal, the senior vice president of Samena Capital Investments, Dubai, said it has been a major investor in the emirate since 2014, through its stake in RAK Ceramics.

"RAK Ceramics is an example of the emirate’s ability to grow and develop home-grown brands that become dominant global players, and today stands as a strong example of true success of private entrepreneurship from the Arab world," he noted.

Alongside the presentations, a number of engaging features and events will take place across the two days of the Forum providing attendees with additional industry related content.

Rakfif has arranged a number of site visits to the locations of new and ongoing developments for delegates to participate in, in order to gain an even greater perspective of all that Ras Al Khaimah has to offer. A dedicated onsite exhibition staffed by RAK entities will offer investment advice while showcasing the emirate fully.-TradeArabia News Service




Tags: investment | Ras Al Khaimah | forum |

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