Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, has initiated a two-year commercial license exemption for businesses impacted by ongoing infrastructure developments in the Al Riffa and Al Jazeera Al Hamra areas.

This strategic move demonstrates Sheikh Saud’s dedication to aiding business owners and ensuring the uninterrupted flow of commercial activities across the emirate.

This initiative reflects Ras Al Khaimah’s proactive efforts to mitigate the challenges posed by extensive development projects while fostering a robust business environment.

It underscores the emirate’s commitment to maintaining economic resilience and vitality amid significant infrastructural transformations.

Strengthening the Private Sector

This directive forms part of broader endeavors to bolster the private sector, promoting a sustainable and competitive economy that elevates Ras Al Khaimah's status as a premier regional business hub.

The Ras Al Khaimah Department of Economic Development emphasized that this decision aligns with leadership's vision to empower local enterprises, instill confidence in the economy, and drive comprehensive growth throughout the emirate.

By directly addressing disruptions from infrastructure enhancements, Sheikh Saud’s initiative offers a pragmatic model of governmental support for small and medium-sized enterprises.

This approach reinforces Ras Al Khaimah's reputation as one of the UAE’s most business-friendly regions, strategically marrying infrastructural investment with targeted relief measures for affected businesses.