Ras Al Khaimah, the northernmost emirate of the UAE, is rapidly redefining itself as a key player in the region's tourism and investment landscape. For investors, Businesses and innovators attending the Ras Al Khaimah Investment and Business Summit (RAKIS), the emirate offers far more than picturesque landscapes, it presents a dynamic, future-ready ecosystem for long-term investment across tourism, real estate, and hospitality sectors.
A Thriving Tourism Economy with Record-Breaking Growth
In recent years, RAK's tourism sector has evolved beyond leisure travel into a robust economic driver, catalyzing growth across hospitality, infrastructure, retail, and construction. The government's ambitious Vision 2030 tourism strategy, spearheaded by the Ras Al Khaimah Tourism Development Authority (RAKTDA), aims to attract three million visitors annually by the end of the decade. RAK witnessed record-breaking tourism growth in 2024, marking a 12% rise in revenue, demonstrating the emirate's strong momentum in the sector.
Strategic Technology Partnerships Driving Innovation
What makes Ras Al Khaimah particularly appealing to investors and business leaders is its forward-thinking approach to destination development through cutting-edge partnerships. RAKTDA and Huawei signed a strategic partnership MoU in May 2025 to accelerate innovation in tourism marketing and expand market reach, particularly in China. This partnership represents a significant step toward leveraging technology to enhance visitor experiences and reach new international markets.
The emirate is not just building hotels and attractions, it's shaping a holistic tourism economy with strong synergies between public and private sectors. Mega projects such as the Wynn Integrated Resort on Al Marjan Island signal a new era for luxury entertainment and leisure in the UAE, with the project poised to generate significant economic spillover into adjacent sectors.
World-Class Hospitality Partners and Established Operations
RAK's hospitality sector has attracted leading international hotel groups who recognize the emirate's potential. Accor Group operates multiple properties in the emirate, including the flagship Rixos Al Mairid Ras Al Khaimah, a distinguished family beach resort that has become a signature destination for luxury travelers. Hilton Hotels operates 4 properties in Ras Al Khaimah, while Accor Hotels has 4 established properties in the emirate, demonstrating strong confidence from major international hospitality brands.
Recent developments show continued expansion from premium operators. Mövenpick Resort Al Marjan Island, InterContinental Mina Al Arab, Anantara Mina Al Arab, and Sofitel Al Hamra Beach Resort have opened in recent years, establishing a robust foundation of luxury accommodations that demonstrates sustained confidence from international hospitality brands.
Strategic Airline Partnerships and Connectivity
RAK's accessibility has been enhanced through strategic partnerships with key airlines. Air Arabia Group operates from Ras Al Khaimah as one of its six key hubs, connecting the emirate to over 200 destinations across the Middle East and North Africa. The low-cost carrier has recently expanded its RAK operations, with Air Arabia confirming the return of direct flights between Ras Al Khaimah and Jeddah, Saudi Arabia in October 2024.
Gulf Air serves Ras Al Khaimah with nonstop flights to Bahrain, while the emirate continues to expand its connectivity with international carriers, further enhancing accessibility for visitors and business travelers.
Major Infrastructure Investment for Future Growth
Beyond its hospitality headlines, RAK is laying the groundwork for scalable, sustainable growth through major infrastructure investments. Ras Al Khaimah International Airport unveiled a major 30,000 sqm terminal expansion set to transform aviation and tourism by 2028. This significant infrastructure development will enhance the emirate's capacity to handle increased visitor volumes and position RAK as an even more accessible destination.
The emirate's commitment to environmental stewardship through initiatives such as the Barjeel Green Building Regulations and EarthCheck certification underscores RAK's dedication to responsible tourism development, an increasingly important factor for ESG-focused investors.
Tourism Companies and Experience Providers
RAK's tourism ecosystem includes specialized operators creating unique experiences. The emirate is home to Toro Verde, which operates the world's longest zipline at Jebel Jais, stretching over 2.8 kilometers. Adventure tourism companies have developed hiking trails, via ferrata experiences, and mountain viewpoints that provide breathtaking panoramas.
Al Marjan Island Development Company has created an integrated destination featuring pristine beaches, luxury resorts, and entertainment facilities, while Mina Al Arab offers mixed-use waterfront communities that blend residential, hospitality, and retail elements.
Traditional cultural tourism operators manage heritage sites like Al Jazirah Al Hamra Heritage Village and Dhayah Fort, offering authentic Emirati experiences that distinguish RAK from other regional destinations.
Investment-Ready Business Environment
RAK's appeal lies in its ease of doing business, enhanced by competitive advantages such as 100% foreign ownership, free zone incentives, fast-track licensing, and political stability. These factors, combined with the emirate's proximity to Dubai (just 45 minutes away) and expanding airport connectivity, make it an attractive gateway for tourism-linked trade and cross-border investment.
RAKTDA representatives spoke at Arabian Travel Market Dubai 2025 about growth strategies and global connectivity, demonstrating the emirate's active engagement with international tourism markets and commitment to expanding its global reach.
The Investment Opportunity
As global tourism continues its post-pandemic rebound and investor interest shifts toward emerging markets that balance growth with resilience, Ras Al Khaimah stands out. The emirate's ecosystem of established international operators, proven hospitality partners, and strategic airline connectivity creates a foundation for sustainable investment returns.
For the global business community converging at the Ras Al Khaimah Investment and Business Summit, this represents a chance to partner with proven operators in a destination that combines:
- Established international hotel chains including Accor Group, Hilton, InterContinental, and Marriott
- Strategic airline partnerships with Air Arabia and Gulf Air ensuring strong connectivity
- Proven growth trajectory with record-breaking tourism revenue increases in 2024
- Strategic technology partnerships including the Huawei collaboration opening new markets
- Major infrastructure investments including the airport expansion enhancing long-term accessibility
- Unique tourism experiences from companies like Toro Verde and heritage site operators
- Business-friendly environment with competitive investment incentives
Now is the time to rethink tourism as more than leisure, and Ras Al Khaimah as more than a weekend escape. This emirate is building a future where tourism, investment, sustainability, and innovation intersect through partnerships with world-class operators and proven performance to unlock unmatched potential in the UAE and beyond.
Register now to be part of this transformational moment: https://rakisummit.com/register?t=enquiry