Money and business

“Ras Al Khaimah Chamber” adopts its 5-year strategic plan

The Board of Directors of the Ras Al Khaimah Chamber of Commerce and Industry, during its regular meeting chaired by the Chairman of the Chamber’s Board of Directors, Mohammed Musabah Al Nuaimi, approved the Chamber’s strategic plan for the five years from 2026 to 2030.

The plan focuses on a number of main axes, including improving and developing the business environment in the emirate, as well as strengthening its position as a distinguished tourist, industrial and commercial interface in the region, in addition to attracting foreign investments and international companies, stimulating external expansion in global markets for companies operating in the emirate, in addition to developing the digital economy.

Al Nuaimi said that the Chamber plays a strategic role in encouraging foreign investment in Ras Al Khaimah, contributing to the openness of the emirate’s economy to the outside world, and promoting the UAE Vision 2030 globally.

He pointed to the pivotal role of the Chamber in resolving commercial disputes and disputes through amicable alternative means, including mediation and arbitration, stressing that the Chamber represents the economic activities of the Emirate of Ras Al Khaimah in international forums, organizes local and international exhibitions, attracts investors, and contributes to the exchange of trade delegations, in cooperation and partnership with the relevant authorities, to achieve its vision and mission on the ground.

Al Nuaimi discussed with the members of the Board of Directors the plans and mechanisms for implementing the new strategy, and its alignment with the state’s development plans, pointing out that the strategy represents the cornerstone for enhancing the position and reputation of the emirate as a global economic, investment, commercial and digital capital.

He said: “We have adopted an integrated strategy for the next stage that strengthens the partnership between the public and private sectors, and confirms the future role that the Ras Al Khaimah Chamber will play in shaping the features of the emirate’s economy, as this strategy represents a new beginning to support the business sector and raise its competitiveness, with a focus on attracting quality investments, supporting the digital economy, enhancing foreign trade, and improving the competitiveness of the private sector, in a way that contributes to creating a promising economic future for the emirate.”

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