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RAK’s Innovation City launches world’s first blockchain-based digital business identity
Powered by IOPn, it fulfills a prerequisite for the UAE’s agentic AI government revolution
Stay informed and discover insights on business setup, licensing, and company formation in the UAE. Explore our blogs for clear guidance to launch and grow your business at Innovation City.

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Powered by IOPn, it fulfills a prerequisite for the UAE’s agentic AI government revolution

Innovation City Team
In today’s fast-moving startup ecosystem, speed can be the difference between a breakthrough idea and a missed opportunity. Entrepreneurs no longer want months of paperwork and complex approvals before launching their ventures. Instead, they need a business environment that supports rapid innovation, quick company formation, and seamless access to global markets. That’s where Innovation City comes in. Designed for modern entrepreneurs and tech-driven startups, Innovation City makes it possible to transform a business idea into a licensed company faster than ever before.

Innovation City Team
Ras Al Khaimah (RAK) is quickly becoming one of the most attractive destinations for global startups. Once famous for its beaches, mountains, and tourism, the emirate is now emerging as a hub for innovation, entrepreneurship, and business-friendly policies. Startups around the world are discovering why RAK is the perfect place to launch and grow. Strategic Location for Global Reach

Innovation City Team
The UAE has built a global reputation as a launchpad for ambitious founders. From fintech to AI, the country offers multiple free zones designed to attract entrepreneurs with 100% foreign ownership, tax benefits, and streamlined setup processes. But not all free zones are built the same especially for tech startups.

KT Talks
RAS AL KHAIMAH — Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that Faraday Future and Faraday X (“FX”) attended and spoke at the recently held Ras Al Khaimah Investment & Business Summit in the United Arab Emirates. At the event, the companies showcased the flagship FF 91 2.0 and the first-class EAI-MPV, the FX Super One. FF and FX announced that they will work with Ras Al Khaimah Innovation City to co-create an EAI intelligent mobility ecosystem, signaling a new phase in their Middle East Three-Pole strategy. FF operates a regional manufacturing and operations center in the emirate. The facility spans 108,000 square feet across office space, an engineering workshop, and production center, and is designed to support production for both FF and FX vehicles. Through a combined approach of technology export and localized manufacturing, FF is accelerating the development of the new-energy mobility ecosystem in the Middle East. The Company also announced that it plans to host its inaugural global FX vehicle delivery ceremony for the FX Super One on November 27 in Dubai, where it will deliver the first FX vehicle to global soccer superstar Andrés Iniesta. Tin Mok, Head of FF UAE, stated that FF selected Ras Al Khaimah Innovation City as its Middle East base for its progressive and forward-looking strategic positioning. “Innovation City is the world’s first AI-driven free zone, with a focused strategy across Web3, digital assets, AI, and robotics. This reflects a deep understanding of future technological convergence,” Tin Mok said. “What is more appealing is that Innovation City stands out for its collaborative, business-friendly environment. It gives us confidence that this is the ideal stage to write the next chapter of our story.” Paul Dawalibi, CEO of Ras Al Khaimah Innovation City, stated that the innate innovation DNA of FF and FX aligns closely with the positioning of Innovation City. He emphasized that FF and FX are among the most important innovation partners for the zone and expressed strong expectations for the joint growth ahead in this “city of innovation.” Nabil Arnous, Chief Commercial Officer of Ras Al Khaimah Innovation City, noted that he appreciated FF and FX selecting Innovation City as the home for the production and operations of the FF 91 and FX Super One. “It shows a great vote of confidence in Innovation City and we looked forward to achieving even greater milestones together.” At the event, FX and FF showcased its two flagship models, which represent their respective brands’ visions: FX Super One — a First Class EAI-MPV for premium users in the UAE, creating an entirely new MPV category in the region; andFF 91 2.0 — FF’s Ultra TechLuxury flagship featuring the company’s top-tier technology and design, tailored for spire users. The FX Super One was officially launched in Dubai on October 28, 2025. The FX Super One AIHER Max is priced at AED 309,000 in the Middle East market. Within 48 hours of launch, the model received three B2B paid pre-orders covering more than 200 units.
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