The Ras Al Khaimah Chamber of Commerce and Industry (RAK Chamber) has approved a five-year strategy for 2026-2030, focused on enhancing the business environment and reinforcing the emirate’s role as a regional hub for tourism, industry, and trade.
The strategy, approved during the Chamber’s regular board meeting chaired by Mohamed Mosbeh Al Nuaimi, also aims to attract foreign investment, support the expansion of local businesses into global markets, and foster the growth of the emirate’s digital economy.
Developed by the RAK Chamber’s Department of Strategy and Digital Economy, the plan seeks to build a competitive and sustainable commercial environment by streamlining procedures and strengthening governance and transparency to protect consumers and investors.
According to the statement, it also aims to promote innovation and entrepreneurship by supporting startups and encouraging investment.
RAK Chamber’s Strategic Plan for 2026-2030: Fostering Global Investment and Trade
Mohamed Mosbeh Al Nuaimi Chairman – RAK Chamber
“The chamber plays a key role in attracting foreign investment and promoting the emirate’s economic openness, while supporting the UAE’s Vision 2030 through its programs and initiatives. The chamber also contributes to the settlement of commercial disputes through mediation and arbitration, represents the emirate’s economic sectors at international events, organizes exhibitions, facilitates trade delegations, and works with partners to advance its goals. The strategy would align with the UAE’s development plans and serve as a cornerstone for strengthening Ras Al Khaimah’s reputation as a global center for investment, trade, and the digital economy.”
The RAK Chamber Chairman stated that adopting the strategy 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 advancement, innovation, sustainability, and global leadership.
Al Nuaimi further added, “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.”
