Ras Al Khaimah, UAE – The Ras Al Khaimah Economic Zones Authority “Rakez” signed two agreements with the “Maghribi Retail” Group and Mighty Industrial Park. This took place during the activities of the fifth edition of the “Make in the Emirates 2026” exhibition.
The two agreements reflect the growing position of the Emirate of Ras Al Khaimah as a competitive center for industrial investment and advanced manufacturing. And growing investor confidence in its industrial system and its ability to support long-term, scalable manufacturing operations.
Integrated industrial complex
The first agreement signed with Maghribi Retail Group, represented by CEO Yasser Taher, aims to establish a store manufacturing center. It is a facility dedicated to the production of furniture, store fixtures, renovations, and temporary marketing concepts across its retail network. The center is expected to serve up to 140 stores annually, supporting the Maghribi Group’s operations in various GCC markets. In addition to providing up to 100 job opportunities and enhancing the company’s operational capabilities and regional expansion.
The second agreement is with Mighty Industrial Park, represented by shareholder Guishun Gu, to develop an integrated industrial complex between China and the UAE.
Integrated industrial system
The project will focus on metal recycling and dismantling, smelting and refining precious metals, and advanced manufacturing. Which contributes to establishing an integrated industrial system that supports sustainable industrial development and sector growth. It promotes circular economy practices in Ras Al Khaimah.
Through its continued participation in major platforms such as Make in the Emirates, Rakez continues to enhance this role by providing an environment that enables companies to grow with confidence. Expanding smoothly and adapting to global changes, supporting the UAE’s long-term industrial and economic ambitions.
