Ras Al Khaimah Relaunches RAK Digital Assets Oasis as Innovation City

RAK’s AI-Powered Free Zone

Innovation City will operate as an AI-powered free zone, using artificial intelligence to design regulatory frameworks and streamline company procedures.

It will also develop prime land in Ras Al Khaimah with infrastructure tailored to technology companies.

Paul Dawalibi, CEO of Innovation City, said the initiative supported the vision of Ruler Sheikh Saud bin Saqr Al Qasimi for “sustainable development, economic diversification and innovation.”

Ras Al Khaimah is promoting Innovation City as a base for global startups and enterprises, citing lifestyle advantages and its proximity to Dubai alongside the emirate’s natural landscapes and cultural heritage.

Written By Neesha Salian.

This article was originally published on Gulf Business .
You can find the original version here