Ras Al Khaimah’s economic system continues to realize momentum in 2025, with the Division of Financial Growth (DED) reporting a 17.6 per cent improve in new enterprise licences issued through the first half of the 12 months.
A complete of 1,219 licences have been issued from January to June, up from 1,037 in the identical interval final 12 months.
The sharpest rise got here from the commercial sector, which noticed a outstanding 111 per cent improve in new licences, underscoring Ras Al Khaimah’s rising attraction as a producing and industrial hub.
Ras Al Khaimah enterprise licences
Skilled licences grew by 20 per cent, and industrial licences by 12.6 per cent.
Amina Qahtan, Director of the Business Affairs Department at the Department of Economic Development, affirmed that the optimistic outcomes mirror the emirate’s dynamic and rising financial trajectory.
She attributed this progress to the clever management’s directives geared toward fostering a extra versatile economic system, supported by a spread of incentives and facilitative measures that ease doing enterprise and entice traders.
Ras Al Khaimah financial highlights
- Wholesale and retail commerce: 44.4 per cent of recent licences
- Development: 18 per cent
- Lodging and meals providers: 13.2 per cent
- Manufacturing: 11.1 per cent
- Different providers: 8.6 per cent
The full registered capital for brand new companies elevated by 7.5 per cent in H1 2025. Notably, the capital of business licences surged by greater than 7.6 occasions in comparison with the identical interval in 2024. Skilled licences additionally noticed a capital improve of 24.7 per cent.
Al Jazirah Al Hamra led in attracting new capital, accounting for almost one-third of all new investments. Al Dhait and Al Ghail adopted, with 13 per cent and eight.5 per cent respectively.
Geographically, Al Dhait space recorded the best share of recent licences, accounting for 8.7 % of the whole, adopted by Al Nakheel with 8.4 %, and each Al Qusaidat and Julphar with 7.7 %.
When it comes to the ratio of recent licences to lively licences inside every space, Khalifa bin Zayed Metropolis ranked first with 18.9 %, adopted by Dahan at 13.4 %, and Al Ghail at 9.1 %.
These figures counsel a broadening distribution of financial exercise throughout Ras Al Khaimah’s districts, reflecting each grassroots progress and focused funding methods.