DistantNews
Support us
Ras Al Khaimah attracts Dhs771.5 million investment in H1
๐Ÿ‡ฆ๐Ÿ‡ช United Arab Emirates /Economy & Trade

Ras Al Khaimah attracts Dhs771.5 million investment in H1

From Gulf Today · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Ras Al Khaimah attracted Dhs771.5 million in capital investments in the first half of 2026.
  • The emirate registered 967 new establishments and attracted 1,399 new investors from 68 nationalities.
  • These investments are expected to create approximately 2,449 job opportunities, boosting economic development.

Ras Al Khaimah has solidified its position as a prime investment hub, drawing capital investments exceeding Dhs771.5 million in the first half of 2026. The emirate welcomed 967 newly registered establishments and attracted 1,399 new investors from 68 different nationalities, highlighting its increasing economic appeal. This influx of capital is projected to generate around 2,449 job opportunities, further contributing to the emirate's comprehensive economic development and strengthening its business environment.

Dr. Rashid Khalfan Al Nuaimi, Director-General of the Ras Al Khaimah Chamber of Commerce and Industry, noted that these indicators reflect the robust performance of the local economy and sustained growth across various sectors. The emirate also saw the issuance and renewal of 9,963 licenses. Additionally, 138 establishments joined the free zones, and 70 branches of local and foreign companies were opened.

The strong investment figures underscore the emirate's successful strategy in fostering a conducive environment for businesses. The diverse nationalities of the investors suggest a global confidence in Ras Al Khaimah's economic prospects and its strategic location. The anticipated job creation is a significant outcome, promising enhanced employment opportunities for the local workforce and contributing to overall prosperity.

These indicators reflect the positive performance of the local economy and the continued growth across various economic activities.

โ€” Dr. Rashid Khalfan Al NuaimiDirector-General of the Ras Al Khaimah Chamber of Commerce and Industry, commenting on the investment figures.
DistantNews Editorial

Originally published by Gulf Today. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.