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News Emirati > Business > Ras Al Khaimah Secures AED 771.5 Million in Investments Across H1 2026
Business

Ras Al Khaimah Secures AED 771.5 Million in Investments Across H1 2026

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Last updated: August 6, 2026 2:05 pm
NewsDesk
Published: August 6, 2026
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The Emirates News Agency reported that Ras Al Khaimah attracted AED 771.5 million in investments during the first half of 2026, spanning manufacturing, tourism and technology projects that officials linked to the emirate’s diversified economy drive. Local development bodies indicated the sum arrived through a mix of domestic and foreign commitments, building on prior periods that saw steady gains in investor interest. The announcement aligns with broader efforts to position the northern emirate as a competitive destination beyond its traditional industrial base.

Figures from the Ras Al Khaimah Economic Zone show it registered 8,506 new companies in the same period, marking a 43 percent increase year on year that added momentum to business formation and operational expansion. RAKEZ data places the surge within an environment of improved licensing and infrastructure support that has drawn operators from across the region. The zone’s performance contributed directly to employment growth while reinforcing supply chain capabilities in logistics and light manufacturing.

Visitor arrivals reached a record 670,000 in the first half of 2026, according to the Ras Al Khaimah Tourism Development Authority, which tied the rise to expanded hotel capacity and targeted domestic and international campaigns. The authority’s assessment found tourism accounted for around 5 percent of the emirate’s GDP contribution during the period, supported by new openings that lifted occupancy and revenue metrics. Further hotel developments remain on track to meet longer-term targets for room stock expansion.

Real estate activity intensified alongside the investment inflows, with off-plan registrations comprising the bulk of transactions and property values climbing in core areas such as Al Marjan Island, a Gulf News review of market data determined. Average gross rental yields stood at 5.4 percent while capital values posted annual gains exceeding 14 percent in freehold residential segments. Branded residential projects are projected to represent 25 percent of upcoming supply by 2030, adding differentiated inventory that appeals to international buyers.

S&P Global forecasts annual GDP growth of 4.2 percent for Ras Al Khaimah through 2027, a projection that incorporates sustained foreign direct investment and infrastructure commitments now materialising across multiple zones. The ratings agency’s outlook highlights the emirate’s macroeconomic stability as a foundation for continued expansion in non-oil sectors. Sheikh Ahmed bin Saud bin Saqr Al Qasimi said the strategic direction will reinforce the position as a beacon of opportunity and innovation.

A statement from development officials distributed via the Emirates News Agency emphasised alignment with Ras Al Khaimah Vision 2030, which seeks to draw 3.5 million annual visitors and deliver nearly 20,000 hotel keys by the end of the decade. The vision includes plans for 29 additional hotels and integrated destination projects that combine hospitality with residential and leisure components. Officials indicated the first-half investment performance provides a solid platform for meeting those benchmarks on schedule.

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