Ras Al Khaimah: Ras Al Khaimah Economic Zone (RAKEZ) reported a 23% increase in new business registrations in the first quarter of 2025, with 3,676 new companies joining the emirate's business landscape. This growth marks a significant rise compared to the same period in 2024.
According to Emirates News Agency, this robust performance highlights the momentum of a dynamic economy supported by a stable government and world-class infrastructure. RAKEZ continues to establish itself as a preferred destination for investors looking for growth opportunities in a business-friendly environment.
RAKEZ Group CEO Ramy Jallad expressed pride in the ongoing momentum, noting the influx of new businesses as a sign of investor confidence in the ecosystem. Jallad emphasized RAKEZ's commitment to providing simple, agile, and cost-effective solutions tailored to the needs of the global business community.
The economic zone attracts investors globally, with notable interest from countries like India, Pakistan, the United Kingdom, Egypt, and France. This international interest highlights Ras Al Khaimah's pro-business policies, streamlined processes, and strategic global connectivity.
Key sectors driving the expansion in 2025 include services, commercial activities, and general trading. Service-oriented businesses, such as consultancies, marketing firms, IT companies, and software solution providers, accounted for 38% of new registrations. Commercial and general trading followed with 26% and 13%, respectively.
As the year progresses, RAKEZ remains committed to empowering businesses and entrepreneurs, fostering sustainable economic growth, and ensuring Ras Al Khaimah and the UAE remain attractive to global investors. With a strategic focus on foresight, operational excellence, and sustainable development, RAKEZ is set to shape the emirate's economic landscape further.