Government & Policy
Updated this morning · Khaleej Times, RAK Media Office

RAK targets a $13bn diversified economy as investor interest accelerates

No single sector now contributes more than 27% of GDP — a resilience story the emirate is using to court family offices ahead of its 2030 growth targets.

Today's Briefing

Live
01

Innovation City passes 1,000 licensed startups since relaunch

Startups & AI · This week
02

RAK Properties shares slip 2.5% as sector rotates into banks

Markets · Today
03

RAKTDA reports record 1.35m visitors, sets 3.5m target for 2030

Tourism · This week
04

Q1 company registrations already exceed all of 2025's target

RAKEZ · This week
Updated Daily

Today in RAK

Full news hub
RAKEZ

Digital licence rollout adds QR-verified onboarding for 2026

New digital licences let founders open bank accounts and sign contracts immediately after approval.

Inside RAK Source ↗
Markets

RAK Properties shares slip 2.5% as sector rotates into banks

RAKPROP trades at AED 0.939 after a broad ADX pullback in real-estate names this week.

Inside RAK Source ↗
Government

S&P forecasts GDP growth accelerating to 4.3% by 2027–28

Diversification across tourism, manufacturing and financial services cushions the emirate from risk.

Inside RAK Source ↗
Startups

Innovation City passes 1,000 licensed startups since relaunch

The rebranded free zone (formerly RAK Digital Assets Oasis) pitches itself as a base for the region.

Inside RAK Source ↗
Gaming

Innovation City names gaming and iGaming among five founding sectors

Web3, AI, gaming/iGaming, robotics and healthtech anchor the free zone's pitch to global studios and operators.

Inside RAK Source ↗
Family Offices

RAK ICC opens dedicated Business Centre for private wealth and family offices

A new hub for advisors, family offices and international families deepens RAK ICC's wealth-structuring ecosystem.

Inside RAK Source ↗
AI

Innovation City and IOPn switch on Middle East's first sovereign AI data centre

Nvidia B200 GPUs go live inside the free zone, with all processing and data kept under UAE jurisdiction.

Inside RAK Source ↗
Property

RAK to add 25,600 new homes by 2030 as apartments dominate pipeline

Cavendish Maxwell projects RAK Properties, Al Hamra and Ellington delivering over 40% of the pipeline.

Inside RAK Source ↗
RAKEZ

RAKEZ hosts wave of global delegations from Belarus to ASEAN

Diplomatic and business visits from a dozen-plus markets signal broadening international interest in the zone.

Inside RAK Source ↗
Last scan: today, 09:00 GST · Sources: RAK Media Office, WAM, Khaleej Times, Gulf News, Arabian Business, RAKEZ, RAK ICC, ADX, DFM
$13bn
Diversified GDP
40,000+
RAKEZ registered companies
1,000+
Innovation City startups
3.5m
Visitor target by 2030
Live Markets

UAE Markets

Full markets desk
DFM General Index
DFM · DFMGI
5,718.46
▼ 0.62% · -35.70
52wk L 5,184.4752wk H 6,785.48
ADX General Index
ADX · FADGI
9,901.20
▲ 0.93% · +91.40
1mo +3.30%1yr -0.81%
RAK Properties PJSC
ADX · RAKPROP
Spotlight
AED 0.939
▼ 2.53% today
Day range0.920 – 0.965
52-week range0.857 – 1.630
SectorReal Estate
SegmentsSales · Leasing · Hospitality
Indicative levels for prototype purposes · live feed wired up in Phase 2 · sources: DFM, ADX, Trading Economics
Attention Map

Most Researched Right Now

Real Estate

RAK Properties

Full listings

RAK Properties PJSC (ADX: RAKPROP) is Ras Al Khaimah's largest publicly listed developer, master-developer of Mina Al Arab — a 4 million sqm mixed-use waterfront district with an AED 5bn development pipeline.

RAKPROP AED 0.939 ▼ 2.53%
Mina Al Arab GDV AED 5.0bn
Land area 4.0m sqm
WaterfrontOngoing

Raha Island

Mina Al Arab, Ras Al Khaimah
Type
Branded Residences
Anchor
InterContinental, Anantara
New LaunchCompletion Q2 2027

EDGE

Raha Island, Mina Al Arab
Units
237 homes
Type
Sea-view residences
Sold Out P1Under Construction

Cape Hayat

Hayat Island, Mina Al Arab
Type
Beachfront Apartments
Views
Gulf & Hajar Mountains
Resort-StyleSelling

Nura

Downtown Mina, Raha Island
Units
312 total
Format
Two-tower resort living
HospitalityOperating

InterContinental Mina Al Arab

Mina Al Arab, Ras Al Khaimah
Type
Resort Hotel
Operator
IHG
HospitalityOperating

Anantara Mina Al Arab

Mina Al Arab, Ras Al Khaimah
Type
Resort Hotel
Operator
Minor Hotels
The Emirate

What is Ras Al Khaimah?

Ras Al Khaimah is the UAE's fourth-largest emirate, ruled by H.H. Sheikh Saud bin Saqr Al Qasimi. Guided by RAK Vision 2030, the government has built a balanced economy spanning tourism, manufacturing, real estate, shipping and digital industries — with no single sector exceeding 27% of GDP.

Read the full RAK guide
~$13bn
Annual GDP
3.3–4.3%
Forecast growth, 2025–28
1.35m
Visitors, 2025
27%
Max GDP share, any sector
Business Setup

RAKEZ & Free Zones

Setup guide

RAKEZ (Ras Al Khaimah Economic Zone) is the emirate's official free-zone authority, formed in 2017 from the merger of RAK Free Trade Zone and RAK Investment Authority.

40,000+

Companies · 100+ Countries

One of the most internationally diverse business hubs in the northern emirates, spanning 50+ industries.

100%

Foreign Ownership

No local partner or sponsor required from day one — across 10 licence categories and 1,000+ approved activities.

2–3 days

Innovation City Licensing

The world's first AI-powered free zone licenses founders in Web3, AI, gaming/iGaming, robotics and healthtech.

Financial Briefing

Invest

Full investor briefing
Startups
▲ Accel.
1,000+ INC licences
Property
→ Steady
RAKPROP -2.5% today
Family Offices
→ Early
6 verified, growing
AI & Web3
▲ Accel.
World-first AI zone
Gaming
▲ Early growth
Founding INC sector
GDP
→ Steady
3.3% → 4.3% by 27–28
Deep Dive

Inside Innovation City: can RAK become the AI free zone the region builds on?

A look at how RAK Digital Assets Oasis became Innovation City — and what "world's first AI-powered free zone" actually means for a founder deciding where to license.

Read the analysis
RAKEZ registrations, Q1 2026 vs. FY25 targetExceeded
Innovation City licensed startups1,000+
RAKPROP 52wk range0.857–1.630
Tourism revenue growth, 2025+12%
GDP forecast, 2027–284.3%
Network

Leaders & Directory

Full directory
Who Is Who in RAK

Innovation City Leadership

Free Zone & Tech Policy
Profile network
RAK Leaders Club

Family Office Principals

Leaders Forum, 22 Oct 2026
Membership
Who Is Who in RAK

Legal & Corporate Advisors

Corporate, Commercial, Real Estate
Profile network
Partner Agency

Brands Select

Branding & Digital Marketing
Agency
RAK Leaders Club Who Is Who in RAK Brands Select RAKEZ RAK Properties Innovation City
Ecosystem

Partners

Inside RAK covers these platforms editorially and links to them directly — we don't duplicate what they already do best.

RLC

RAK Leaders Club

The invitation-only circle for business owners, family offices and investment professionals — home of the annual Leaders Forum and The RAK Leaders Letter.

Visit rakleadersclub.com ↗
WW

Who Is Who in RAK

The verified directory and video-interview library of RAK's business leaders and experts across law, accounting, community leadership and more.

Visit whoiswhoinrak.com ↗
BS

Brands Select

A leading AI-driven branding and digital marketing agency serving RAK and the wider UAE, Cyprus and GCC/MENA market.

Visit brandsselect.co ↗

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