Page 163 - SOBHA REALTY PR REPORT - NOVEMBER 2024
P. 163
11/27/24, 11:24 AM RAKEZ unveils opportunities in UAE’s thriving construction sector at Big 5 Global
RAKEZ team at Big 5 Global. Image Courtesy: RAKEZ
CONSTRUCTION
RAKEZ unveils opportunities in UAE’s thriving
construction sector at Big 5 Global
RAKEZ offers seamless access to global markets and the rapidly growing local economy
Press Release
November 26, 2024
Ras Al Khaimah: Ras Al Khaimah Economic Zone (RAKEZ) is set to highlight the dynamic growth
opportunities in the UAE's construction sector at this year’s Big 5 Global exhibition, taking place at Dubai
World Trade Center.
RAKEZ Group CEO Ramy Jallad said, “As the UAE’s construction industry continues to expand—
commanding 44% of new projects in the MENA region—now is the perfect time for global construction
enterprises to establish their presence here. Ras Al Khaimah alone hosts over 1,000 projects valued at
more than USD 75 billion, including the USD 5 billion Wynn Resort project. Given its strategic location,
which provides access to major logistical hubs, the emirate is well-positioned to support the construction
sector. As home to international firms such as Peikko Group, Sobha Modular, and Hira Industries,
https://www.zawya.com/en/press-release/companies-news/rakez-unveils-opportunities-in-uaes-thriving-construction-sector-at-big-5-global-vb34qlzk 1/3