His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, hosted a distinguished delegation from the American Business Council in Dubai (AmCham Dubai) and representatives from Ras Al Khaimah Economic Zone (RAKEZ) to celebrate the signing of a Memorandum of Understanding (MoU) between the two organizations. The MoU establishes a broad framework for collaboration aimed at positioning Ras Al Khaimah as a premier investment destination for American businesses.
The delegation, led by US Ambassador Martina Strong, included members of the business council and representatives from top American companies in the UAE. The MoU was signed by AmCham Dubai Chairman Sammy Bousaba and RAKEZ Group CEO Ramy Jallad.
In his remarks, Bousaba stated, “AmCham Dubai is dedicated to strengthening the robust ties between American businesses and Ras Al Khaimah. This MoU represents our commitment to expanding opportunities for American enterprises to thrive in the emirate. We are focused on deepening American engagement in Ras Al Khaimah, in alignment with the emirate’s strategic goals and its vision for continuous growth.”
Jallad echoed this sentiment, saying, “This strategic MoU with AmCham Dubai will further cement our ties with the growing American business community. With nearly 1,000 American investors already established at RAKEZ, we remain dedicated to fostering an enabling environment for US companies and highlighting Ras Al Khaimah’s role as a dynamic hub for international investment. We look forward to facilitating more American enterprises in their journey to expand in the Middle East and beyond, leveraging RAKEZ’s world-class facilities and services.”
Under the collaboration, AmCham and RAKEZ will jointly host business events in Ras Al Khaimah and Dubai, offer tailored support services to American firms, and facilitate visits from US business delegations to showcase Ras Al Khaimah as a leading global business hub.
