Ras Al Khaimah, United Arab Emirates
Ras Al Khaimah Economic Zone (RAKEZ) has achieved the Corporate Ethical Procurement and Supply Certification and Kitemark from the Chartered Institute of Procurement & Supply (CIPS), becoming the first government authority in Ras Al Khaimah to receive this prestigious recognition.
The internationally recognised certification places RAKEZ among a select group of organisations worldwide acknowledged for upholding high standards of ethical sourcing, governance, transparency and accountability. It marks a significant milestone in RAKEZ’s ongoing procurement transformation journey and reflects its commitment to responsible business practices.
Awarded by CIPS, a leading global professional body for procurement and supply, the certification recognises organisations that demonstrate a strong commitment to ethical procurement through established policies, effective governance and responsible supplier management. It also highlights the importance of safeguarding against unethical practices, strengthening professional capabilities and maintaining integrity throughout procurement operations.
For RAKEZ, this achievement reflects its efforts to align procurement processes with internationally recognised standards, promoting fairness, consistency and accountability in its dealings with suppliers and business partners. Such practices play an important role in building trust, mitigating risks and creating a transparent environment where businesses can engage with confidence.
Commenting on the achievement, RAKEZ Group CEO Ramy Jallad said, “Ethical procurement is fundamental to building trust and maintaining strong business relationships. This recognition reflects our commitment to strengthening governance, ensuring fairness and transparency, and embedding responsible practices across our operations. As an economic zone serving a diverse international business community, we recognise the importance of upholding standards that inspire confidence among our suppliers, investors and partners while supporting sustainable growth.”
Building on this achievement, RAKEZ will continue developing its procurement capabilities and refining its practices, with a focus on responsible resource management and long-term value for the organisation and its business community.
About Ras Al Khaimah Economic Zone (RAKEZ)
RAKEZ is a powerhouse business and industrial hub established by the Government of Ras Al Khaimah in the United Arab Emirates. It currently hosts over 50,000 companies coming from close to 200 countries and operating in more than 50 industries.
RAKEZ offers entrepreneurs, startups, SMEs and manufacturers a wide-range of solutions, including free zone and non-free zone licences, customisable facilities, and first-class services provided in a one-stop shop. Furthermore, RAKEZ has specialised zones that are tailored to specific needs of investors: Al Nakheel and Al Hamra Business Zones for commercial and service companies; Al Ghail, Al Hamra and Al Hulaila Industrial Zones for manufacturers and industrialists; and an Academic Zone for educational providers.
A leading economic zone, RAKEZ aims to continue attracting diversified investment opportunities that will contribute to the economic growth of Ras Al Khaimah.
For more information, visit www.rakez.com.
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