Ras Al Khaimah Economic Zone (RAKEZ) recorded a 23 percent increase in new business registrations during the first quarter of 2025, compared to the same period in 2024, with 3,676 new companies joining the emirate’s business community.
This strong performance reflects the momentum of a dynamic and diversified economy, underpinned by a stable government and world-class infrastructure, further cementing RAKEZ’s position as a preferred destination for investors seeking high-growth opportunities in an efficient and business-friendly environment.
“We are proud to see this continued momentum in 2025, with thousands of new businesses choosing RAKEZ to launch and scale their operations. This growth reflects investor confidence in our ecosystem, as well as our ongoing commitment to delivering simple, agile and cost-effective solutions that meet the evolving needs of the global business community,” stated RAKEZ Group CEO Ramy Jallad.
Service-oriented businesses lead growth
RAKEZ continues to attract investors from around the world, particularly from India, Pakistan, the United Kingdom, Egypt and France. This international interest underscores the strength of Ras Al Khaimah’s pro-business policies, streamlined processes and strategic connectivity to global markets.
The leading sectors driving this year’s expansion are services, commercial activities and general trading. Service-oriented businesses, such as consultancies, marketing firms, IT and development companies and software solution providers, made up 38 percent of total registrations, while commercial and general trading followed with 26 percent and 13 percent, respectively.
“Our journey is not just about numbers or accolades, it’s about creating an ecosystem that fosters growth, innovation and opportunity for all. We remain focused on creating value for every investor in our diverse, growing business community. Our efforts are grounded in building strong partnerships, embracing innovation and nurturing an environment that enables every entrepreneur and enterprise to reach their highest potential,” Jallad added.
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RAKEZ gears up for landmark year
The growth RAKEZ witnessed during the first quarter of 2025 is an extension of its strong performance in 2024. The economic zone announced a significant milestone for 2024, welcoming 13,141 new companies to its thriving ecosystem. This represents an impressive 66 percent growth in new registrations compared to 2023.
The growth in 2024 was driven primarily by commercial activities, including general trading, e-commerce and related businesses, which together accounted for 53 percent of the new company registrations.
As 2025 progresses, RAKEZ remains steady in its commitment to empowering businesses and entrepreneurs, driving sustainable economic progress, and ensuring Ras Al Khaimah and the UAE remain centers of global investment. With a focus on strategic foresight, operational excellence and sustainable development, RAKEZ is well-positioned to shape the emirate’s economic landscape and deliver another landmark year.
