RAKEZ signs two industrial agreements at Make it in the Emirates 2026

• Key year: 2026

What happened

RAKEZ has signed two strategic industrial agreements at Make it in the Emirates (MIITE) 2026, the fifth edition of the event held at ADNEC in Abu Dhabi, as part of its push to reinforce Ras Al Khaimah's position as a competitive industrial hub.

The first agreement, with MAGRABi Retail Group, will establish a Store Manufacturing Centre for furniture, store fit-outs and refurbishments capable of servicing up to 140 stores annually across GCC markets and creating up to 100 jobs. The second, with Mighty Industrial Park, will develop a China-UAE industrial park focused on metal recycling, dismantling, smelting, precious-metal refining and advanced manufacturing, built around circular-economy and sustainable industrial development.

“At MAGRABi Retail, everything we do is driven by a customer-first philosophy,” said MAGRABi CEO Yasser Taher. Mighty Industrial Park shareholder Guichun Guo said Ras Al Khaimah “was chosen because it offers practical conditions required for resource-circulation industrial projects to scale.” RAKEZ Group CEO Ramy Jallad said the agreements “reflect our ongoing commitment to strengthening Ras Al Khaimah's position as a leading hub for advanced manufacturing.”

The two deals sit on different ends of RAKEZ's industrial pitch — one retail-fit-out and light manufacturing, the other heavy circular-economy processing — which is broadly consistent with the free zone's strategy of stacking varied industrial tenants rather than specialising narrowly in one vertical.