The Ras Al Khaimah Investment Authority (RAKIA) celebrated the launch of a new platform for business leaders from its tenant companies in the emirate today. A collaborative initiative for those operating within RAKIA’s Al Hamra and Al Ghail industrial parks, the Tenants’ Committee was conducted under the aegis of H.H. Sheikh Ahmad Saqer Mohamed Al Qasemi, Chairman of RAKIA’s Board of Directors, at the Al Hamra Convention Centre.
Designed to bring together leaders from businesses at RAKIA’s industrial parks, the Tenants’ Committee’s inaugural meeting attracted over 100 corporate heads and senior managers from RAKIA’s tenants.
Rino Sabatino, CEO of RAKIA, expressed his gratitude to all those who attended, calling them passionate partners in progress, and contributors to RAKIA’s success story.
“You were invited here today because tenants who uphold RAKIA’s legal, financial and operational criteria are not merely occupants, but committed investors who deserve a seat at the table. As members of the Tenants’ Committee, you can communicate your most pressing issues and concerns to the executive management at RAKIA, engage in meaningful exchanges with fellow CEOs across verticals and with our valued partners,” Sabatino told attendants. “I am confident that this platform will drive growth for both RAKIA and our tenants as we grow.”
The Tenants’ Committee joins a series of structural initiatives undertaken by RAKIA in 2014 to drive business sustainability and engender a sense of community on its premises. In addition to setting multi-million dollar infrastructure projects in motion, RAKIA has worked to streamline its business processes and foster close bonds with governmental bodies, such as, Immigration, Civil Defense and the Environmental Protection and Development Authority, which recently opened a branch at RAKIA’s corporate headquarters.
RAKIA’s Chief Operating Officer, Probir Chakraborty, delivered the welcome address, assuring attendees that RAKIA now possesses the right team to catalyze a long-term vision of shared prosperity.
Commenting on the significance of the Tenants’ Committee to Ras Al Khaimah, Chakraborty said, “Exchanges among successful companies and burgeoning organizations create the foundation for economic and industrial development. As RAKIA expands its facilities and services to meet your needs and you discover areas of collaboration among yourselves, what you communicate in the Tenants’ Committee will serve as the foundation for a favorable investment climate in Ras Al Khaimah,”.
RAKIA’s select business partners also attended the event. Andrew Smith, the CEO of RAK Insurance; Ebrahim Al Zaabi, the Regional Manager of the Commercial Bank of Dubai; and Professor Hassan Al Alkim, President of the American University of Ras Al Khaimah, delivered addresses to attendees from a range of industries.
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