5.28 Billion Dirhams in Exports from Ras Al Khaimah Chamber of Commerce Soars by 26%

The Ras Al Khaimah Chamber of Commerce and Industry has reported the issuance of a total of 17,356 certificates of origin, reflecting a 14% increase in the first half of 2025 compared to the same period last year.

May saw the highest number of certificates issued, totaling 3,228, with the value of goods exported under these certificates amounting to approximately 5.28 billion dirhams, marking a growth of 26% from the same timeframe in 2024.

According to Dr. Ahmed Al Shamili, Acting Director General of the Ras Al Khaimah Chamber of Commerce and Industry, the total estimated and planned capital for new investments reached around 1.1 billion dirhams by the end of the first half of 2025.

This figure does not include the investments from 137 new enterprises in free zones, contributing 293 million dirhams, along with 58 branches of local and foreign companies with a total capital of approximately 106 million dirhams. These projects have created about 1,107 new job opportunities, highlighting the ongoing growth in the emirate’s business sector.

He noted that new membership statistics revealed a significant diversity among investors, with 1,663 investors from 67 different nationalities. India topped the list of nationalities investing, contributing 35%, followed by Bangladesh (14%), Pakistan (12%), and other countries including Egypt, Syria, Jordan, China, Lebanon, Sudan, Afghanistan, and Canada.

Saudi Arabia emerged as the largest export destination, with 6,086 certificates and goods valued at 1.1 billion dirhams, followed by Oman with 1,398 certificates worth 125 million dirhams, Kuwait with 693 certificates valued at 222 million dirhams, and Iraq with 668 certificates exceeding a billion dirhams. Exports reached markets in 143 countries across different continents, while 1,872 certificates of origin were issued from free zone enterprises to the local market, with goods valued at an estimated 385 million dirhams.

Al Shamili added that the range of goods exported during this period was varied, with live animals and animal products making up the largest share at 42% of total certificates. This was followed by plant products at 24%, food and beverage products and tobacco at 20%, while animal and vegetable fats, oils, and waxes accounted for 14%.

Business

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