OPED by: Ramy Jallad, Group CEO RAKEZ Published by: Funds Global MENA With a burgeoning £23 billion trade relationship, the UK and UAE are forging a partnership that is stronger than ever before in their 50+ year history. This robust alliance, built on mutual respect and shared ambition, is increasingly drawing British enterprises to the UAE, not just as a market, but as a strategic hub for international growth. UAE economic zones, including the Ras Al Khaimah Economic Zone, are pivotal to this migration, offering unique advantages and leveraging the Emirates' broader economic strengths to foster a supportive, innovative and sustainable environment. The UK-UAE trade alignment: A catalyst for unprecedented opportunities The UK-UAE relationship is evolving, and the ongoing UK-UAE Sovereign Trade Agreement negotiations are poised to boost bilateral economic ties. This landmark agreement will create transformative pathways for sectors like financial services, car manufacturing and logistics as GCC demand for international products and services is set to reach £800 billion by 2035. British businesses can capitalise on this unique relationship and get ahead of their competitors by relocating now. Beyond formal agreements, ongoing collaboration via platforms like the UK-UAE Business Council, Joint Taskforce and Joint Economic Committee improves market access and reduces regulatory barriers. This partnership is solidified by regional growth agreements, such as the one between the UK Department for Business and Trade and Ras Al Khaimah, exploring future trade and industry collaboration. As one of the most competitive and advanced economies globally, the UAE offers exceptional stability and resilience meaning that UK businesses are in a highly advantageous position. Its increasingly diversified economy ensures a balanced business environment, with no single sector accounting for over one-third of overall GDP, providing a secure foundation for British investments. This balance, coupled with tax benefits, is a key reason why a growing number of British startup founders and investors including, FinTech Cleo, are increasingly relocating to the UAE, seeking to use the fertile ground that economic zones are nurturing to deliver long-term returns. A magnet for British business: Beyond initial incentives British businesses recognise the UAE as a prime destination, drawn by strategic advantages that go beyond traditional financial incentives. The UAE's position at the crossroads of Europe, Asia and Africa provides unparalleled access to high-growth markets; 31% of the world's population resides within four hours' flying time. British companies can use this connectivity to serve clients across vast new territories. For instance, UK fund managers are increasingly looking to the UAE's financial free zones like the Dubai International Financial Centre (DIFC) and Abu Dhabi Global Market (ADGM), not just for fiscal benefits, but for access to capital, proximity to growth markets and the ability to operate in a globally connected environment. This strategic migration underscores the UAE's evolution into an ecosystem, where access to capital and growth markets converges with a strategically located hub, making it an indispensable choice for discerning UK fund managers. The UAE also offers a highly business-friendly environment with streamlined set-up processes and low development costs. With 45 operational free zones across the UAE, businesses have access to a wealth of opportunities in locations that each bring their own strengths. Ras Al Khaimah stands out as a highly cost-efficient and strategically connected base, offering operating costs approximately 40% lower than many other regional markets. For British firms, it presents an ideal gateway to the Middle East, Africa, Europe, and Asia, while enabling smart capital deployment and sustainable growth. Reinforcing this, robust infrastructure, including access to major seaports and international airports, provides unparalleled logistical advantages for global trade. RAKEZ, for example, offers specialised industrial support, attracting British manufacturers like Manchester Paper Bags, Ahmad Tea and Spatial Composite, and has over 3,200 British entrepreneurs already thriving within its ecosystem. This combination of advantages, extending far beyond initial incentives, is precisely what fuels British businesses to relocate. The UAE provides not just a market entry point, but a competitive edge and resilient base for sustained international growth. A future-forward partnership: Innovation, sustainability and community As the region evolves to address business requirements, expanding support for digitalisation and fostering innovation in emerging sectors including digital assets and sustainable manufacturing is a priority. This forward-thinking mindset is generating unique pathways for businesses such as the development of Wynn Al Marjan Island, the first gaming resort in Ras Al Khaimah, which is attracting major investor interest from the manufacturing, AI and high-tech industries. The UAE, with its business-friendly environment, rich local Emirati expertise and strategic vision, is becoming a preferred destination for innovative British businesses seeking international growth. This partnership delivers mutual benefits, extending beyond economic gains to create a supportive, innovative and exciting environment for international businesses to operate within. As the UAE continues to expand its offering including enhanced sustainability infrastructure and modernised facilities, we invite more British businesses to join our extraordinary journey.
OPED by: Ramy Jallad, Group CEO RAKEZ Published by: Funds Global MENA
With a burgeoning £23 billion trade relationship, the UK and UAE are forging a partnership that is stronger than ever before in their 50+ year history. This robust alliance, built on mutual respect and shared ambition, is increasingly drawing British enterprises to the UAE, not just as a market, but as a strategic hub for international growth. UAE economic zones, including the Ras Al Khaimah Economic Zone, are pivotal to this migration, offering unique advantages and leveraging the Emirates' broader economic strengths to foster a supportive, innovative and sustainable environment.
The UK-UAE relationship is evolving, and the ongoing UK-UAE Sovereign Trade Agreement negotiations are poised to boost bilateral economic ties. This landmark agreement will create transformative pathways for sectors like financial services, car manufacturing and logistics as GCC demand for international products and services is set to reach £800 billion by 2035. British businesses can capitalise on this unique relationship and get ahead of their competitors by relocating now.
Beyond formal agreements, ongoing collaboration via platforms like the UK-UAE Business Council, Joint Taskforce and Joint Economic Committee improves market access and reduces regulatory barriers. This partnership is solidified by regional growth agreements, such as the one between the UK Department for Business and Trade and Ras Al Khaimah, exploring future trade and industry collaboration.
As one of the most competitive and advanced economies globally, the UAE offers exceptional stability and resilience meaning that UK businesses are in a highly advantageous position. Its increasingly diversified economy ensures a balanced business environment, with no single sector accounting for over one-third of overall GDP, providing a secure foundation for British investments. This balance, coupled with tax benefits, is a key reason why a growing number of British startup founders and investors including, FinTech Cleo, are increasingly relocating to the UAE, seeking to use the fertile ground that economic zones are nurturing to deliver long-term returns.
British businesses recognise the UAE as a prime destination, drawn by strategic advantages that go beyond traditional financial incentives. The UAE's position at the crossroads of Europe, Asia and Africa provides unparalleled access to high-growth markets; 31% of the world's population resides within four hours' flying time.
British companies can use this connectivity to serve clients across vast new territories. For instance, UK fund managers are increasingly looking to the UAE's financial free zones like the Dubai International Financial Centre (DIFC) and Abu Dhabi Global Market (ADGM), not just for fiscal benefits, but for access to capital, proximity to growth markets and the ability to operate in a globally connected environment. This strategic migration underscores the UAE's evolution into an ecosystem, where access to capital and growth markets converges with a strategically located hub, making it an indispensable choice for discerning UK fund managers.
The UAE also offers a highly business-friendly environment with streamlined set-up processes and low development costs. With 45 operational free zones across the UAE, businesses have access to a wealth of opportunities in locations that each bring their own strengths. Ras Al Khaimah stands out as a highly cost-efficient and strategically connected base, offering operating costs approximately 40% lower than many other regional markets. For British firms, it presents an ideal gateway to the Middle East, Africa, Europe, and Asia, while enabling smart capital deployment and sustainable growth.
Reinforcing this, robust infrastructure, including access to major seaports and international airports, provides unparalleled logistical advantages for global trade. RAKEZ, for example, offers specialised industrial support, attracting British manufacturers like Manchester Paper Bags, Ahmad Tea and Spatial Composite, and has over 3,200 British entrepreneurs already thriving within its ecosystem.
This combination of advantages, extending far beyond initial incentives, is precisely what fuels British businesses to relocate. The UAE provides not just a market entry point, but a competitive edge and resilient base for sustained international growth.
As the region evolves to address business requirements, expanding support for digitalisation and fostering innovation in emerging sectors including digital assets and sustainable manufacturing is a priority. This forward-thinking mindset is generating unique pathways for businesses such as the development of Wynn Al Marjan Island, the first gaming resort in Ras Al Khaimah, which is attracting major investor interest from the manufacturing, AI and high-tech industries.
The UAE, with its business-friendly environment, rich local Emirati expertise and strategic vision, is becoming a preferred destination for innovative British businesses seeking international growth. This partnership delivers mutual benefits, extending beyond economic gains to create a supportive, innovative and exciting environment for international businesses to operate within. As the UAE continues to expand its offering including enhanced sustainability infrastructure and modernised facilities, we invite more British businesses to join our extraordinary journey.
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