The total capital of economic licences in Ras Al Khaimah increased by 15.5% to over Dhs11.497 billion in the first quarter of 2026, indicating sustained investor confidence and a favorable business climate. At 62.3%, commercial licenses made up the greatest share, highlighting the emirate’s strong corporate growth and activity. Professional licences made up 18.2%, indicating increase in services, while industrial licences came in second at 19.3%, bolstered by expansion in productive industries. The lowest percentage was observed for agricultural licenses.
Authorities’ continuous attempts to improve the business ecosystem through facilitation packages, digital services, expedited licensing processes, and incentive programs targeted at assisting investors and entrepreneurs have resulted in this balanced growth. Due to its advantageous location and infrastructure, Al Nakheel was named as the most desirable place for new businesses in the first quarter. Al Hamra Island and Al Qusaidat followed, indicating growing investment potential throughout the emirate. The results show Ras Al Khaimah’s ongoing economic momentum, which is fueled by initiatives to diversify revenue streams, enhance the investment environment, and draw in top-notch projects to increase competitiveness both locally and internationally.
Also Read:
Trump Cancels the Journey of Envoys to Pakistan as Prospects for An Iranian War Resolution Wane
Eva Longoria Discusses What she Misses About the United States While Living Overseas
About Author
