Ras Al Khaimah targets Chinese investment at Shenzhen business summit

Ras Al Khaimah is actively courting Chinese investment, as highlighted by Sheikh Saud bin Saqr Al Qasimi, the ruler of the emirate, during a business summit in Shenzhen. The Ras Al Khaimah-China Business Summit, convened on Monday, united government officials, investors, and business leaders under the theme "Together Towards Shared Value". The summit highlighted investment prospects in advanced manufacturing, artificial intelligence, digital technology, renewable energy, and logistics.

Sheikh Saud revealed that over 400 Chinese companies are already operating in Ras Al Khaimah, forming part of a larger community of thousands of Chinese businesses that have established a presence in the UAE. He emphasized the strategic importance of Ras Al Khaimah as the UAE's northern gateway, serving as a bridge connecting Chinese firms to markets in the Middle East, Africa, and Europe. This positioning aligns with China's Belt and Road Initiative.

Sheikh Saud clarified that the emirate's progress is not solely judged by immediate gains but through the enduring legacy it leaves for future generations. He underscored his commitment to building a resilient, diversified economy integrated into global supply chains, all while maintaining the high quality of life and opportunities that make Ras Al Khaimah an attractive place to live, work, and conduct business.