Left to right: Sammy Bousaba, FedEx Managing Director Sales, and Ramy Jallad, RAKEZ Group CEO, sign an agreement to establish a FedEx customs clearance facility in Ras Al Khaimah Economic Zone, underscoring a shared commitment to support the growth of businesses in the region.
Ras Al Khaimah, UAE, January 22, 2025: Federal Express Corporation (FedEx), the world’s largest express transportation company, has launched a new customs clearance facility at Ras Al Khaimah Economic Zone (RAKEZ). The facility is equipped with in-house clearance capabilities, enabling FedEx to handle shipment clearance procedures on behalf of its customers to enhance operational efficiency and offer greater convenience to businesses.
The new facility supports the clearance of packages shipped to and from RAKEZ through a range of FedEx express air and deferred road services, simplifying the import and export process.
“We are pleased to launch our new customs clearance facility in Ras Al Khaimah Economic Zone to enhance trade flow for local businesses and improve their access to specialized logistics support. By providing customs clearance services in the free zone, we are not only helping businesses to reduce costs and save time but also allowing them to focus on their growth and expansion,” said Taarek Hinedi, vice president of FedEx Middle East and Africa Operations. “This facility demonstrates our commitment to strengthening the UAE’s logistics ecosystem by continuously investing in the enhancement of our products and services. We look forward to supporting Ras Al Khaimah’s economic growth and the evolving needs of our customers in the Emirate.”
Ramy Jallad, Group CEO of Ras Al Khaimah Economic Zone (RAKEZ), said “Welcoming the new FedEx customs clearance facility in RAKEZ marks yet another strategic development in our ongoing efforts to enhance the business support infrastructure for our community. This facility will provide our businesses, particularly manufacturers, with streamlined customs processes and access to top-tier logistical solutions from FedEx, helping to improve their operational efficiency. An integral part of our commitment to empowering businesses in RAKEZ is facilitating their expansion plans and providing them with seamless access to international markets.”
A robust logistics network will be key to supporting Ras Al Khaimah’s growth, particularly its thriving manufacturing and industrial sector, which contributes approximately 30% to the Emirate’s overall GDP[1]. This diverse economy positions Ras Al Khaimah as an attractive destination for businesses of all sizes, further solidifying its role as a key player in regional and global trade.
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About Federal Express Corporation
Federal Express Corporation is the world’s largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories. Federal Express Corporation uses a global air-and-ground network to speed delivery of time-sensitive shipments by a definite time and date.
FedEx press releases are available here.
About RAKEZ
RAKEZ is a powerhouse business and industrial hub established by the Government of Ras Al Khaimah in the United Arab Emirates. It currently hosts 30,000 companies coming from over 100+ countries and operating in more than 50 industries.
RAKEZ offers entrepreneurs, startups, SMEs and manufacturers a wide-range of solutions, including free zone and non-free zone licences, customisable facilities, and first-class services provided in a one-stop shop. Furthermore, RAKEZ has specialised zones that are tailored to specific needs of investors: Al Nakheel and Al Hamra Business Zones for commercial and service companies; Al Ghail, Al Hamra and Al Hulaila Industrial Zones for manufacturers and industrialists; and an Academic Zone for educational providers.
A leading economic zone, RAKEZ aims to continue attracting diversified investment opportunities that will contribute to the economic growth of Ras Al Khaimah.
[1] https://www.wam.ae/en/article/b39jb75-fitch-upgrades-ras-khaimah%E2%80%99s-credit-rating-from