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: : UAE Free Zone Newsletter - Issue 43 - September 2007
Who's Who?
 

Dr Khater Massaad
CEO RAK Investment Authority



Khater Massaad, Adviser to RAK Crown Prince and CEO of Ras Al Khaimah Investment Authority (RAKIA), was presented with the prestigious fDi Personality of the Year 2007- Middle East' Award by the fDi Magazine, part of the Financial Times group of London, at a function held at New Delhi .


Khater Massaad has been conferred with the award in recognition of his efforts in attracting foreign investment to Ras Al Khaimah and his role in the transformation of Ras Al Khaimah into a thriving business and investment destination in the region.

In being named the 'fDi Personality of the Year', Dr Massaad joins the ranks of such previous winners as, former Mexican President Vicente Fox (2003), Brazilian President Luis Inácio Lula da Silva (2004), former Mayor of Seoul Lee Myung-bak (2005) and Ontario Premier Dalton McGuinty (2006)

The annual 'fDi Personality of the Year' award recognises the political and business leaders around the world who have been proactive in securing foreign investment and improving the business environments of their jurisdictions. Regional winners are selected for Africa, Asia, Europe, Latin America, the Middle East and North America; and out of these candidates a global winner is chosen.

Commenting on winning the Award, Dr. Massaad said "It is a great honour to receive the 'fDI Personality of the Year' Award. Ras Al Khaimah has put in place a world class pro-business regulatory regime and enabling infrastructure for global investors to come in and succeed. I feel honoured for the global recognition of the RAK initiative that is fostering entrepreneurship and helping businesses succeed."

RAKIA has so far attracted over 575 companies, including many global industrial majors, to its industrial and free zones.
   
 
 

 

 
  Courtesy Khaleej Times  
 

 

 
 

 

 
 

 

 
 
 

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