The Ras Al Khaimah Chamber of Commerce and Industry has approved a five-year strategy covering 2026–2030, aimed at enhancing the emirate’s business environment and reinforcing its position as a regional hub for tourism, industry, and trade.
Endorsed during the chamber’s regular board meeting chaired by Mohamed Mosbeh Al Nuaimi, the strategy focuses on attracting foreign investment and international companies, supporting the global expansion of local firms, and advancing Ras Al Khaimah’s digital economy.
Focus on competitiveness and investment
Developed by the chamber’s Department of Strategy and Digital Economy, the plan aims to create a competitive and sustainable commercial ecosystem by streamlining procedures and enhancing governance and transparency, thereby protecting consumers and investors. It also aims to promote innovation and entrepreneurship by supporting startups and implementing targeted investment initiatives.
Al Nuaimi said the chamber plays a central role in attracting foreign investment and promoting economic openness, while aligning its programmes with the UAE’s Vision 2030. He added that the chamber contributes to resolving commercial disputes through mediation and arbitration, represents key economic sectors internationally, organises exhibitions, facilitates trade delegations, and works with partners to advance development objectives.
Aligning with national priorities
According to Al Nuaimi, the new strategy is aligned with the UAE’s broader development plans and is intended to strengthen Ras Al Khaimah’s reputation as a global centre for investment, trade, and the digital economy. He said its adoption reflects the chamber’s commitment to national priorities and to the directives of Sheikh Saud bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, with a focus on innovation, sustainability, and global competitiveness.
“We have adopted an integrated strategy for the next phase that enhances public and private sector partnerships and reflects the future role of the Ras Al Khaimah Chamber in shaping the emirate’s economic future,” Al Nuaimi said.
