Scimarec Ceramic Technology, a high-end ceramics manufacturer based in the United Arab Emirates, is now reviewing proposals for series A funding. This company seeks enough capital to sustain operations through the first year of its five-year growth plan. Amari Bishara, Scimarec's chief executive, will apply initial funds to infrastructure, marketing, R&D and talent acquisition. Bishara plans to develop promotional materials, investigate new markets, improve technologies and hire additional staff. In exchange for funding, investors will receive competitive returns and favorable tax status within Ras Al Khaimah (RAK). RAK's positive business climate, regional promotional centers, zero corporate income tax and transparent legal framework will help propel Scimarec's successful future.
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