In accordance with the report, compiled by the Department of Economic Development in the Emirate of Ras Al Khaimah, the volume of licensed active entities registered in the department grew as of the end of September last year. According to the words of the chairman of the Department of Economic Development, this growth testifies to the dynamic development and sustainability of the business sector in the emirate. He emphasized the importance of supporting entrepreneurial activity and creating favorable conditions for investments.
"Active licenses play a key role in the development of the economy and attracting investments in Ras Al Khaimah. The increase in registered capital indicates growth in the overall volume of investments in the region," he noted.
Department representatives also reported that the increase in registered capital of licenses indicates the trust of the business community in the economy of Ras Al Khaimah and the prospects for the development of business in the region.
