RAKEZ Attains CIPS Ethical Procurement Certification as Ras Al Khaimah Pioneer
The Ras Al Khaimah Economic Zone has become the first government authority in the emirate to receive the prestigious Corporate Ethical Procurement and Supply Certification and Kitemark from the Chartered Institute of Procurement & Supply.
The Ras Al Khaimah Economic Zone (RAKEZ) has attained the Corporate Ethical Procurement and Supply Certification and Kitemark awarded by the Chartered Institute of Procurement & Supply (CIPS), establishing itself as the first government authority in Ras Al Khaimah to achieve this distinguished recognition.
This achievement constitutes a defining moment in RAKEZ’s procurement transformation endeavour, embodying its steadfast commitment to ethical sourcing, conscientious supplier stewardship and compliance with internationally acknowledged standards across all operational dimensions. The certification, bestowed by CIPS, a preeminent global professional institution dedicated to procurement and supply excellence, recognises organisations that demonstrate an unwavering dedication to ethical procurement through robust policy frameworks, sound governance structures and a commitment to ongoing professional development.
The recognition underscores the critical importance of protecting against unethical practices whilst preserving integrity throughout procurement operations. These foundational principles inform RAKEZ’s engagement with suppliers and business partners, fostering equitable evaluation methodologies, procedural consistency and transparent communication of requirements. Such practices cultivate trust and reinforce accountability in resource administration across the organisation.
Ramy Jallad, Group Chief Executive Officer of RAKEZ, articulated the significance of this milestone: “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.”
RAKEZ remains committed to advancing its procurement capabilities and enhancing its operational practices, with particular emphasis on responsible resource stewardship and the creation of enduring value for the organisation and its extensive business community.
Source: WAM