The collaboration reflects a shared commitment to helping innovative businesses access funding support
Ras Al Khaimah Economic Zone (RAKEZ) entered into a strategic partnership with the Mohammed bin Rashid Innovation Fund (MBRIF), a federal initiative launched by the Ministry of Finance, to strengthen support for innovators, startups, and growth-stage businesses within its ecosystem.
The partnership was formalised during a signing ceremony at Compass Coworking Centre between MBRIF Head Shaker Zainal and RAKEZ Chief Government & Corporate Relations Officer Yaser Abdulla Al Ahmed.
The collaboration reflects a shared commitment to helping innovative businesses access funding support, ecosystem connections, and growth opportunities that enable long-term scalability and market expansion.
Through this collaboration, RAKEZ customers will gain access to a broader range of support services designed to accelerate business growth. This includes access to financing pathways and funding support through MBRIF, alongside structured mentorship and expert advisory to help innovative businesses strengthen their business models and scale more effectively.
Partners and investors
These offerings will be complemented by RAKEZ’s streamlined business set-up, licensing, and operational support, as well as access to a wider ecosystem of partners, investors, and networks.
“Continued collaboration across the ecosystem is essential to creating the conditions in which innovation can scale, diversify the economy, and contribute meaningfully to the UAE’s long-term development,” stated Fatima Yousif Alnaqbi, Acting Assistant Undersecretary for the Support Services Sector at the UAE Ministry of Finance and the Ministry’s representative at MBRIF.
“This collaboration reflects our continued focus on building an environment where innovative businesses can scale with confidence from Ras Al Khaimah,” added Ramy Jallad, CEO, RAKEZ Group.
