Expertise

Since the inception of the Free Zone in 1997, El Omari has been the driving force that has taken the vision of His Highness Sheikh Faisal Bin Saqr Al Qassimi, Chairman of RAK FTZ, and transformed it into reality, creating a thriving hub of global activity that is characterized by its pro-investment business environment. The growth of the Free Zone has been phenomenal under his stewardship; from 2006, RAK FTZ has been recognized as the “Best Emerging Free Zone” at the MELA awards as well as receiving recognition from different award giving bodies.

Trained at international schools in Morocco and France, El Omari holds a bachelors degree in Chemical Engineering, and an MBA from the U.S. His knowledge of world trade and global import/export trends has led him to chair the UAE Free Zone Round Table and has served as the Secretary General of the World Economic Processing Zone Association (WEPZA). El Omari has also shared his wealth of knowledge and expertise by speaking at free zone conferences in Europe, USA, Middle East and North Africa.

A charismatic and tireless leader, El Omari sets the tone for the Free Zone, both in word and action. Having worked in industries around the world, he possesses a unique blend of experience in international marketing and industry development. Utilizing this expertise, he has developed the RAK FTZ as a unique three-park concept, which caters to customers in the industrial, business, education and technology segments. He successfully established business parks in Ras Al Khaimah, and spear headed the international liaison offices in India, Turkey, Germany and USA to promote RAK FTZ business globally and ensure that the zone remains ahead of its competitors.

His commitment not just in the development of the RAK FTZ but to the growth of the emirate has been instrumental in bringing major projects and investments to Ras Al Khaimah. He is also active in the educational development of Ras Al Khaimah, serving on the board of the Higher Colleges of Technology RAK Committee.

RAK FREE TRADE ZONE AUTHORITY

The Ras Al Khaimah Free Trade Zone Authority (RAK FTZ) was formed by an Emiri decree on 1 May 2000 – the result of an initiative on the part of His Highness Sheikh Faisal Bin Saqr Al Qasimi, Chairman of the Ras Al Khaimah Finance Department, to set up the emirate’s first free trade zone.

It established itself across Ras Al Khaimah at various specialized sites – the aim being to provide separate environments that would suit the needs of different types of investors and industries. Currently, RAK FTZ has four fully operational “parks” – the Business Park, Industrial Park, Technology Park and Academy Zone – with plans to develop additional industry-specific sites in the future.

RAK FTZ also has business and promotion centers in Dubai and Abu Dhabi, to cater to the needs of existing and potential clients based in those cities, and international liaison offices (in Germany, Turkey, India, and the United States), to support its international marketing activities and provide certain customer services.

With transparent and investment friendly laws and regulations, lack of restrictions on profit and capital repatriation, a strategic location not far from Dubai’s business and financial centers, proximity to international airports and seaports and considerably lower costs of living in RAK compared to Dubai and Abu Dhabi all working in its favor, RAK FTZ has been successful in attracting investors and entrepreneurs looking for cost-effective, hassle-free and secure options for setting up a business in the UAE.

RAK FTZ continues to improve its products and services and strengthen its positioning as a business hub geared at helping SMEs connect to emerging economies. Today, it is one of the fastest growing and most cost-effective free trade zones in the UAE, home to more than 5,000 active companies from 106 countries around the globe. Its reputation for affordability, flexibility and broad geographical reach has served it well, and it is rapidly emerging as the preferred business hub in the region, from which investors of all industries and origins can easily access and expand into key emerging markets – proving that it is, indeed, what its slogan states – The Home of Business.

 

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Adress: PO. Box 16171, Ras Al Khaimah, UAE
E-mail: ceo@oussamaelomari.com
Tel: +971 7 2041403

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