How Ras Al Khaimah and the UAE are building the technology ecosystem of the future - Khaleej Times

Summary

Ras Al Khaimah (RAK) is actively developing its technology ecosystem, focusing on attracting companies in Web3, blockchain, AI, and other emerging fields. Initiatives like the RAK Digital Asset Oasis (RAK DAO) and the RAK Economic Zone (RAKEZ) provide regulatory frameworks and infrastructure to support innovation and economic diversification. The emirate aims to become a leading hub for technology and digital assets, leveraging government support and strategic investments to foster a conducive environment for startups and established tech firms. Why it matters: This strategic development in RAK contributes to the UAE's broader national agenda of becoming a global leader in digital transformation and a knowledge-based economy, indirectly supporting AI adoption and development.