RAKEZ becomes first government authority in Ras Al Khaimah to achieve CIPS ethical procurement certification

Ras Al Khaimah, Oct 19: Ras Al Khaimah Economic Zone (RAKEZ) has achieved the Corporate Ethical Procurement and Supply Certification and Kitemark from the Chartered Institute of Procurement & Supply (CIPS), becoming the first government authority in Ras Al Khaimah to receive this prestigious recognition.

The internationally recognised certification places RAKEZ among a select group of organisations worldwide acknowledged for upholding high standards of ethical sourcing, governance, transparency and accountability. It marks a significant milestone in RAKEZ’s ongoing procurement transformation journey and reflects its commitment to responsible business practices.

Awarded by CIPS, a leading global professional body for procurement and supply, the certification recognises organisations that demonstrate a strong commitment to ethical procurement through established policies, effective governance and responsible supplier management. It also highlights the importance of safeguarding against unethical practices, strengthening professional capabilities and maintaining integrity throughout procurement operations.

For RAKEZ, this achievement reflects its efforts to align procurement processes with internationally recognised standards, promoting fairness, consistency and accountability in its dealings with suppliers and business partners. Such practices play an important role in building trust, mitigating risks and creating a transparent environment where businesses can engage with confidence.

Commenting on the achievement, RAKEZ Group CEO Ramy Jallad said, “Ethical procurement is fundamental to building trust and maintaining strong business relationships. This recognition reflects our commitment to strengthening governance, ensuring fairness and transparency, and embedding responsible practices across our operations. As an economic zone serving a diverse international business community, we recognise the importance of upholding standards that inspire confidence among our suppliers, investors and partners while supporting sustainable growth.”

Building on this achievement, RAKEZ will continue developing its procurement capabilities and refining its practices, with a focus on responsible resource management and long-term value for the organisation and its business community.