It was a pleasure to host and interview Ramy Jallad, CEO of RAKIA and RAK FTZ at our 22nd Emirates NBD Global
Business Series session. In an up close and personal interactive discussion moderated by me, Ramy opened
up about his work, motivations and decision making and gave a clearer picture about the economic development
on the emirate of Ras Al Khaimah. He came across as an impressive personality who has a finger on the pulse of his
business and who makes it a point to listen intently to his people and partners. As business leaders go, I rate Ramy
very highly on his performance and his leadership style.
In other encouraging news, the total value of capital investments in SMEs across Dubai amounted to nearly Dh110 million in 2014 and it is expected to grow by 15 per cent in the near term on the back of a 30 per cent growth in the number of deals, driven largely by activity from existing incubators/ accelerators and earlystage investment firms. Dubai SME now has a plan to promote equ