Trump faces uphill battle in trying to fire Fed chief

Washington: Just because President Donald Trump appointed the boss of the US central bank doesn’t mean he can easily get rid of him. Should Trump — as he’s recently discussed with aides, according to Bloomberg News — seek to fire Federal Reserve chairman Jerome Powell, he’s likely to set off a thorny legal battle, and […]

Dubai aims to be a pharmaceutical manufacturing hub

Dubai: The first step towards creating a drug manufacturing hub in Dubai has been taken, with a Dh125 million plant at Dubai Science Park in Al Barsha. The facility, Pharmax, will produce generic medicines for a range of chronic illnesses, including diabetes, cholesterol, psychiatric and neurological disorders, cardiovascular and gastric ailments. The first production batches […]

Turkey rewrites crisis playbook with rate cuts back on agenda

Istanbul Word by word, Turkey is starting to dismantle the playbook it used to halt a run on the lira. With a recession looming, the central bank toned down its pledge to keep borrowing costs elevated and changed its assessment of inflationary pressures. While its benchmark was kept steady at 24 per cent for a […]

RAKEZ Media Zone

Unlocking your creativity can be tough; finding your perfect workspace shouldn’t be. Join RAKEZ Media Zone today! We offer the right space to bring your creative ideas to life. Contact us on 00971 7 2041111 or info@rakez.com. قد يصعُب إطلاق العنان لإبداعك أحياناً، ولكن العثور على بيئة محفّزة للإبداع هو أسهل مما تتصوّر. انضم إلى […]

47th UAE National Day

On the occasion of the 47th UAE National Day, the RAKEZ family extends its warmest greetings to all UAE leaders, citizens and residents. May our nation continue to grow and prosper for the years to come! بمناسبة اليوم الوطني السابع والأربعين لدولة الإمارات العربية المتحدة، تتقدم أسرة هيئة مناطق رأس الخيمة الاقتصادية (راكز) بخالص تحياتها […]

RAKEZ Participates in The Big 5 Exhibition

Catch us at The Big 5, the largest construction event in the Middle East, from 26–29 Nov 2018 and explore the business and industrial set-up solutions for construction companies. We’ll be at Stand F229, Hall 5; visit us and avail our limited-time offer. زورونا في معرض “ذا بيغ 5” والذي يعد أكبر معرض للإنشاء والبناء […]

RAKEZ Industrial Facilities

Best place for your industrial operations? Definitely not in the middle of nowhere. RAKEZ offers ready and customisable warehouses and plots of land, first-class services, and turnkey solutions. Find out more about our industrial packages, contact us on 00971 7 2041111 or info@rakez.com. هل تبحث عن أفضل مكان لمنشأتك الصناعية؟ بالتأكيد ليس في منطقة نائية. […]