RAK Suspends Trade Licenses for 2 Years to Aid Businesses During Infrastructure Works

RAK's leadership eases the impact of development projects on local businesses. Two-year license suspension ensures business continuity during infrastructure works.

, and Administrator

2025 October 17 . 2:04 PM

1 min read

The picture is taken on the street of a city. In the center of the picture there are shops, tents,... — The picture is taken on the street of a city. In the center of the picture there are shops, tents, umbrellas, auto rickshaw, motor bike, people and many other objects. In the background there are buildings. In the foreground there are waste papers on the road.

RAK Suspends Trade Licenses for 2 Years to Aid Businesses During Infrastructure Works

Ras Al Khaimah's Department of Economic Development has announced a two-year suspension of trade licenses for businesses affected by infrastructure works in Al Riffa and Al Jazeera Al Hamra areas. This decision aligns with the leadership's vision to support local businesses and stimulate economic growth.

His Highness Sheikh Saud bin Saqr Al Qasimi, the Ruler of Ras Al Khaimah, directed this exemption to ease the impact of development projects on affected businesses. The Ras Al Khaimah Department of Economic Development affirmed that this move aims to empower local businesses, boost confidence in the economy, and ensure the continuity of operations during the infrastructure works.

The exemption covers local businesses operating in the regions impacted by the construction activities. It is part of the government's efforts to strengthen the private sector and stimulate growth across the emirate.

The two-year suspension of trade licenses will benefit local businesses in Al Riffa and Al Jazeera Al Hamra areas, supporting them during the ongoing infrastructure works. This decision reflects the leadership's commitment to empowering local businesses and boosting the emirate's economy.