What happened
RAKEZ has strengthened its ecosystem for registered companies through an expanded partnership with the National Bank of Fujairah (NBF). The collaboration focuses on providing integrated banking solutions that simplify financial onboarding and operational management for new and existing enterprises.
The initiative is part of a broader strategy to enhance the ease of doing business within the free zone. By reducing the time and complexity associated with corporate banking, RAKEZ aims to attract a higher volume of foreign direct investment and accelerate company formation.
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Sources
- TechAfrica News — original reporting (accessed 2026-07-24)
Summarised originally by the Inside RAK Desk from reporting by TechAfrica News. Read the original ↗
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