📈 Ras Al Khaimah Business Boom: +17.6% New Licenses in H1 2025!

📈 Ras Al Khaimah Business Boom: +17.6% New Licenses in H1 2025!

Ras Al Khaimah’s Department of Economic Development (DED) has just unveiled an incredible early-2025 milestone: a 17.6% rise in new business licenses compared to H1 2024, totaling 1,219 in issuance—up from 1,037

Industrial licenses skyrocketed by 111%—a clear sign of rising manufacturing momentum
Professional (+20%) and commercial (+12.6%) licenses followed suit

Top sectors issuing new licences:
Wholesale & retail: 44.4%
Construction: 18%
Accommodation & food services: 13.2%
Manufacturing: 11.1%
Other services: 8.6%