Ras Al Khaimah (RAK) attracted AED 771.5 million in new investment during the first half of 2026, with 967 establishments joining the RAK Chamber of Commerce and Industry, according to Director General Dr Rashid Khalfan Al Nuaimi.
The influx was driven by 1,399 investors from 68 nationalities, reflecting broad international confidence in the emirate's business environment. A further 9,963 business licenses were renewed during the period, while 138 new free zone establishments were registered and 70 branches of local and international companies were opened, expanding RAK's commercial footprint across sectors. The new investments are projected to generate approximately 2,449 jobs, supporting the emirate's economic diversification objectives.
The H1 figures build on a period of sustained momentum for RAK, which has seen accelerating activity across its real estate, tourism, and manufacturing sectors as the emirate positions itself as a distinct alternative to Dubai and Abu Dhabi for business formation and long-term investment.
Gulf Economist Staff Writer