Recent reports from the Department of Economic Development in Ras Al Khaimah highlight the ongoing positive momentum in the emirate’s business market during the third quarter of this year, bolstered by an attractive investment environment and supportive government policies aimed at growth.
According to data released by the Department, there has been a notable upward trend in commercial activity within the emirate during the third quarter of 2025. By the end of the period, the total number of active business licenses reached approximately 21,575, which is an increase from 20,408 licenses in the same timeframe in 2024, reflecting a growth rate of 5.7%. This growth signifies sustained confidence in the local investment climate and an increasing interest in establishing new businesses and expanding existing operations.
As per Amna Qahtan Al Shuhhi, the Director of the Commercial Affairs Department, the positive results recorded in the third quarter illustrate the maturity of Ras Al Khaimah’s business ecosystem, balancing new and established projects. She emphasized that the diversity in the age of business licenses serves as a vital indicator of sustainable economic activity and the continued influx of investments across various sectors. This performance showcases the resilience of Ras Al Khaimah’s business environment and the ongoing expansion of the economic activity base, thanks to advanced digital services and supportive infrastructure provided by the government.
Furthermore, a detailed analysis of the report on the age distribution of active licenses revealed that newly issued licenses (those three years old or less) constituted 24.6% of the total active licenses, showing a growth of 17.5%. This indicates a rising trend in the establishment of new projects within the emirate. Licenses aged between three and five years also experienced a growth of 20.6%, while those exceeding ten years remained stable, representing about 53.5% of the overall total. This stability points to investor confidence and the sustainability of long-term commercial activity.
Qahtan noted that these indicators collectively demonstrate a healthy balance in the economic activity cycle, combining the attraction of new projects with the sustainability of existing enterprises, thereby enhancing Ras Al Khaimah’s status as a preferred destination for investment and business in the UAE and the region.