Media ININ Economy We Trust
Media IN RAS AL KHAIMAH, 26th June, 2019 (WAM)
The number of new media licences and freelancer permits issued under the RAKEZ Media Zone has shoot 177 percent to 360 companies and freelancers in May 2019, up from 130 in May 2018.
Of the new licences registered, 150 belong to companies and the rest to freelancers. RAKEZ issues media licences to companies in the fields of TV and radio broadcasting, animation, music, entertainment, publishing, advertising, communications, media services, production and film support, and events management, among the entire value chain of the media industry.
RAKEZ repositioned its Media Zone in May 2018, about a year after the formation of RAKEZ in April 2017 and quickly became a hub for media firms and professionals.
The growing interest among media professionals and investors in the media industry in the RAKEZ Media Zone reflects the business-friendly environment, cost-effective licencing regime and the greater freedom to do business provided to companies registered by RAKEZ, one of the largest enablers of businesses in the Middle East.
Besides, the media organisations within the RAKEZ Media Zone have direct access to over 14,500 businesses within RAKEZ that constantly need media-related services, such as advertising, public relations, publications, corporate events, and consultancy, etc.
The RAKEZ Media Zone offers shared workstations, offices, customisable warehouses and land plots for developing media facilities, such as production studios, etc.
