4.29 PM Thursday, 28 March 2024
  • City Fajr Shuruq Duhr Asr Magrib Isha
  • Dubai 04:57 06:11 12:27 15:53 18:37 19:51
28 March 2024

New tea factory opens in Ras Al Khaimah

Published
By WAM

Crown Prince of Ras Al Khaimah Sheikh Mohammed Bin saud Bin Saqr Al Qasimi inaugurated on Monday the Ahmed Tea Factory in the industrial region run by the Ras Al Khaimah Investment Authority (RAKIA) in Jazira Al-Hamra.

Speaking on this occasion, the Crown Prince said that the safe investment climate coupled with the facilities offered by the country to safeguard capital funds have played a major role in ensuring the flow of Arab and foreign capitals into the UAE.

He also emphasised that the investment climate in the country is ideal and that the selection of Ras Al Khaimah for setting up such projects did not come from a vacuum, but was the result of a careful study of the attractive investment climate for such investments that are looking for rewarding return and to the security of capitals.

After the ceremonial opening of the tea factory, the Crown Prince, accompanied by other officials, went around various sections of the plant built on an area of 17,600 sq metres.