Nearly 2,000 firms joined RAK Chamber of Commerce in 2010

31/01/2011 - Posted by Bob Brunskill
Nearly 2,000 firms joined RAK Chamber of Commerce in 2010

Nearly 2,000 new firms joined the Ras Al Khaimah Chamber of Commerce and Industry (RAKCCI) last year, new figures show.

According to data from RAKCCI's economic studies unit, a total of 1,847 firms became new members in 2010, about 30 per cent of which were registered in the first quarter of the year, WAM News Agency reported.

In addition, it was shown that commodities valued at AED 7.9 billion were exported from the emirate of Ras Al Khaimah last year.

Raja Al Tunaiji, head of the chamber's economic studies unit, stated that the majority of new licences had been awarded in the trade and maintenance services sector, which accounted for 849 new firms last year.

This was followed by the construction and building sector with 341 companies and the manufacturing industry with 212, WAM said.

''Certificates of origin issued by the RAKCCI are rising steadily recording an increase of 4.3 per cent to 35,274 certificates in 2010 from 33,831 in 2009,'' commented Ms Tunaiji.

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