Invest in RAK
Where capital is going in the emirate and why. FDI flows, sector incentives, free-zone economics and the projects drawing international money.
Innovation City deepens its role in the UAE's sovereign AI push
Through partnerships including IOPn, the free zone is building local, secure AI infrastructure to keep data residency and computing power onshore.
Latest in Invest in RAK
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Skyports partners with Ras Al Khaimah on electric air mobility
The eVTOL partnership will build 'vertiports' connecting RAK International Airport, the city centre and Al Marjan Island's resorts.
RAKTA partners with Joby Aviation and Skyports for a 2027 air taxi launch
The eVTOL network will connect tourism landmarks, residential areas and business districts via dedicated vertiports.
UK PC maker Chillblast picks Innovation City for its GCC entry
The UK's most-awarded PC manufacturer will use the free zone's infrastructure to scale high-performance computing operations across the region.
Innovation City launches its first AURAK summer internship programme
36 American University of Ras Al Khaimah students have been placed into live roles across the free zone, building the emirate's first structured university-to-startup talent pipeline.
Innovation City passes 1,000 licensed startups
The free zone, formerly RAK Digital Assets Oasis, licenses qualifying founders in 2–3 days across five sectors — Web3, AI, gaming, robotics and healthtech.
Innovation City markets itself as the world's first AI-powered free zone
The zone backs the claim with 2–3 day licensing for qualifying founders, positioning itself against DIFC and ADGM on speed.
Innovation City switches on the Middle East's first sovereign AI data centre
Built with IOPn subsidiary Siada, the facility gives RAK-licensed companies onshore access to Nvidia B200 GPUs, sharpening the zone's pitch against DIFC and ADGM on data residency.
Innovation City CEO pitches the free zone as a Middle East tech-capital contender
Paul Dawalibi points to 2–3 day licensing, sector focus and costs 20–30% below comparable Dubai free zones as the case, with the 1,000-startup milestone as an early marker.
Understanding Ras Al Khaimah
Evergreen guidesInvesting in RAK: frequently asked
Why do investors choose Ras Al Khaimah over Dubai?
Cost, land availability and speed. Licence and facility pricing runs below comparable Dubai zones while sitting inside the same federal legal and banking system.
What tax does a business pay in RAK?
No personal income tax. UAE corporate tax applies at 9% on profit above AED 375,000, with qualifying free-zone income potentially at 0% where substance requirements are met.
Can foreigners own property in Ras Al Khaimah?
Yes, on a freehold basis in designated areas including Al Marjan Island, Al Hamra Village and Mina Al Arab.
Which sectors are drawing the most capital?
Hospitality and industry lead, with technology and data centres growing quickly through Innovation City.