Ras Al Khaimah Holds Shenzhen Summit to Expand Chinese Investment and Ties

Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, led a senior delegation to the Ras Al Khaimah-China Business Summit held in Shenzhen on October 19–20, 2026. According to CGTN, the gathering brought together nearly 300 government officials, investors, and business executives aimed at expanding Chinese industrial participation in the emirate.

During the summit, Ramy Jallad, Group CEO of the Ras Al Khaimah Economic Zone (RAKEZ), outlined incentives for international investors. These measures include 100 percent foreign ownership, zero personal income tax, and low corporate tax rates designed to attract industrial and commercial operations.

Ras Al Khaimah also announced the establishment of a representative office in Guangzhou alongside strategic agreements signed with Chinese technology firms. Currently, more than 400 Chinese enterprises maintain operations in Ras Al Khaimah, as overall UAE-China non-oil trade surpassed $110 billion in 2025.