Ras Al Khaimah is quickly becoming a strong player in the UAE’s economy, with new data showing a clear rise in business activity. In the first half of 2025, the Department of Economic Development issued 1,219 new business licences an increase of 17.6% compared to 1,037 licences during the same time last year.
Leading the growth was the industrial sector, which saw an impressive 111% increase in newly issued licences. This significant rise highlights a growing confidence among investors in Ras Al Khaimah’s manufacturing capabilities and reinforces its emergence as a key destination for industrial investment. The sector’s influence was further underscored by a 7.6-fold rise in registered capital, marking its expanding role in shaping the emirate’s economic landscape.
Several other sectors also played a role in driving growth. Professional licences increased by 20%, and commercial licences rose by 12.6%. Wholesale and retail trade made up the largest portion of new licences at 44.4%, followed by construction at 18%, accommodation and food services at 13.2%, and manufacturing at 11.1%. These figures reflect the emirate’s broad and balanced economic foundation, supporting both established and developing industries.
Ras Al Khaimah’s economic momentum has been strengthened by strategic leadership committed to simplifying business processes and implementing policies that attract investment. According to Amina Qahtan, Director of the Commercial Affairs Department at the Department of Economic Development, this growth is a direct outcome of clear policy direction and a supportive regulatory framework that promotes private sector participation and investment.
Al Jazirah Al Hamra attracted the most new investment, making up nearly one-third of the total, followed by Al Dhait and Al Ghail. Al Dhait also had the highest number of new licences at 8.7%, with Al Nakheel, Al Qusaidat, and Julphar not far behind. When looking at the number of new licences compared to existing ones, Khalifa bin Zayed City, Dahan, and Al Ghail came out on top. These areas are showing strong growth and playing a key role in shaping Ras Al Khaimah’s economic future.
The 7.5% increase in registered capital highlights the strengthening confidence of investors in Ras Al Khaimah’s long-term economic outlook. This growth reflects more than just a surge in numbers it signals a deepening of the emirate’s industrial foundation and a broader appeal across various sectors.
The Road Ahead
With a strong base and continued efforts in building infrastructure, encouraging innovation, and improving regulations, Ras Al Khaimah is becoming an important part of the UAE’s long-term economic growth. Its focus on growing the industrial sector and attracting investors shows its rising role in the region’s economic future.
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