Ras Al Khaimah Free Trade Zone (RAK FTZ) said that it is participating in two major business conferences in Russia, Intax Expo 2016 and CIS Wealth 2016, with the aim of generating awareness about investment opportunities in the free zone.

The events, to be attended by hundreds of business delegates representing various industries, will serve as important platforms to highlight business opportunities provided by RAK FTZ, one of the fastest growing free zones in the Middle East region, said a statement.

RAK FTZ attended the Intax Expo yesterday (June 6) and today (June 7) at the Lotte Hotel, Moscow.

It will head to Ekaterinburg on June 9, to participate at the CIS Wealth Conference to be held at the Hyatt Regency Hotel.

Tomas Csobonyei, business development director at RAK FTZ, said: “We are very excited to take part in these major conferences as they present opportunities for us to connect with potential Russian investors and promote the investment opportunities in the UAE and Ras Al Khaimah.”

"Russian investors would be interested to know that our free zone brings the most diversified portfolio of investments for them,” he said.

“RAK FTZ offers 100 per cent company ownership, freedom from taxation and customs duty, and tailor-made business solutions for up to 50 per cent lower than elsewhere in the region. Whether they are planning to establish a manufacturing base or a sales office, we can support them in achieving their business' full potential and at the same time, help them realise a higher return on investment,” he added.

Csobonyei will highlight the immense business advantages offered by RAK FTZ's stable investment environment during a presentation that will be conducted at the events, it stated. – TradeArabia News Service