All things great start with a vision, one that takes combined efforts, passion and determination to succeed. We are fulfilling our governmental vision; a truly remarkable journey in the pursuit of sustainability and prosperity. Ras Al Khaimah (RAK) continues to grow steadily under this aspiration that has transformed the emirate into a hub of investment and growth. Driving development further, Ras Al Khaimah Investment Authority (RAKIA) is the nodal government agency that has been charged with perpetuating this development.
RAKIA has done a commendable job in transforming Ras Al Khaimah into the industrial heartland of the UAE. The emirate continues to soar despite fluctuating oil prices seen worldwide and a Eurozone crisis that could be cause for concern. This is owing to structural strengths that continue to forge rising GDP’s and the growth of non-oil sectors that encourage foreign investment and in turn contribute to building a more sustainable economy , making our emirate one of the fastest growing in the region.
RAKIA has been and continues to be the leading pilot for business development in RAK, for being a major provider of investment opportunities and one-stop solutions in its free zones, industrial parks and offshore facilities. With RAK Investment Authority responsible for promoting and enhancing the emirate’s distinct competitive advantages to a host of potential investors from around the world, RAK now acts as a lucrative destination for businesses in a wide range of industries.
The proof of success is in the ample investments that continue to grow and prosper within RAK; today, our vision for a sustainable magnet of foreign investment is a reality. We invite you to explore the possibilities and discover the astonishing ease of business formation, with RAKIA as your personal guide.
With best wishes,
Ahmed bin Saqr Al Qasimi