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Ras Al Khaimah has developed from a predominantly industrial emirate into one of the UAE’s increasingly diversified destinations for company formation, manufacturing, tourism, real estate, technology, professional services, and international investment. The emirate combines a relatively cost-competitive operating environment with industrial infrastructure, ports, business and Free Zone facilities, growing tourism and hospitality investment, and direct access to the wider UAE

Innovation City is Ras Al Khaimah’s specialised free zone for technology, digital business, and innovation-driven companies. It supports founders and established businesses operating in sectors such as artificial intelligence, Web3, blockchain, gaming, robotics, HealthTech, and other emerging technologies. The free zone was originally established as Ras Al Khaimah Digital Assets Oasis under Law No. 2 of 2023. In September 2025, Law No. 4 of 2025 officially changed its name t