Ras Al Khaimah Ruler promotes investment at China business summit

Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council and Ruler of Ras Al Khaimah, highlighted the growing economic ties between Ras Al Khaimah and China during the Ras Al Khaimah-China Business Summit held in Shenzhen. The summit, themed ‘Together Towards Shared Value’, brought together approximately 300 government officials, investors, and business leaders to explore new investment opportunities.

During the event, the Ruler noted that there are currently more than 400 Chinese companies operating within the emirate. He emphasized that Ras Al Khaimah offers promising investment prospects in sectors such as advanced manufacturing, artificial intelligence, digital technologies, renewable energy, and logistics. He highlighted the emirate's strategic position as the northern gateway to the United Arab Emirates, providing Chinese firms access to markets in the Middle East, Africa, and Europe.

Sheikh Saud also held discussions with Li Yun, Deputy Secretary of the Communist Party Committee and Mayor of Shenzhen, to expand cooperation in trade, investment, and economic development. The discussions aimed to leverage the economic weight of Guangdong province to transform mutual opportunities into practical projects in finance, technology, and trade.