The new program grants employees access to a suite of discounts and services through the Fazaa savings card, according to details released jointly by RAKEZ and Fazaa. This collaboration targets the workforce employed by businesses operating within the economic zone. The two organisations outlined the partnership in a statement distributed on Tuesday.
Fazaa membership typically includes substantial reductions across hospitality, retail, healthcare and leisure sectors in the emirate and beyond. Data from the Fazaa platform places discounts at up to 20 percent for stays at leading hotels such as the Waldorf Astoria Ras Al Khaimah. Additional savings apply to dining, entertainment and various lifestyle services, the program’s official listings show. Integration with RAKEZ allows for seamless enrollment for qualifying employees and their families.
The Fazaa initiative has seen renewed emphasis in 2026 with the launch of the Year of the Family program that provides free membership to resident families, UAE government communications confirm. This latest partnership with RAKEZ extends similar advantages to the corporate sector, building on the card’s established role in promoting financial wellness. Officials involved in the launch described the benefits as exclusive to RAKEZ-registered entities to ensure targeted support.
RAKEZ data places the number of registered companies in the thousands from over 100 countries, supporting substantial employment opportunities in Ras Al Khaimah. The authority has consistently focused on creating an ecosystem that supports business growth and employee well-being, previous RAKEZ reports indicate. The Fazaa collaboration represents the latest in a series of employee-focused measures introduced by the zone in recent years.
Under the agreement, employees must meet specific eligibility criteria linked to their employment with a RAKEZ-licensed company, the statement detailed. Once approved, participants gain immediate access to the card’s full array of offers without additional subscription costs in many cases. This structure helps reduce living expenses for workers while encouraging companies to maintain registration with the zone for such advantages.
Similar benefit programs have proven effective in enhancing workforce stability across UAE free zones, according to industry analyses from regional economic bodies. The RAKEZ-Fazaa partnership is set to strengthen the emirate’s competitiveness in attracting foreign investment and skilled labor. Ras Al Khaimah continues to develop such initiatives as part of its long-term vision for sustainable economic expansion.
