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Saturday, December 9, 2023

Keynote Address by Ruler of Ras Al Khaimah at the Official Launch of RAK Digital Assets Oasis

H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, along with Sheikh Khalid bin Saud Al Qasimi, Vice Chairman of Ras Al Khaimah’s Investment and Development Office, delivered a keynote address at the official launch event of RAK Digital Assets Oasis, the world’s inaugural free zone dedicated to digital and virtual assets companies. The initiative underlines the Emirate’s evolving role as a global center for innovation and technology.

Embracing Innovation for Economic Growth

“Innovation is a driving force that has transformed the world in profound ways, shaping how we live, work, communicate, and address global challenges,” H.H. Sheikh Saud expressed. “Ras Al Khaimah is committed to embracing new and emerging tech sectors and playing a leading role in national efforts to strengthen the UAE economy and drive sustainable growth in the region.”

Invitation to Global Visionaries: Ras Al Khaimah 

“The Digital Assets Oasis is a symbol of Ras Al Khaimah’s commitment to digital innovation and sustainable economic progress,” H.H. Sheikh Saud continued. “We invite visionaries and entrepreneurs around the world to join us on this journey to becoming a global player in the digital economy.”

Dignitaries and Innovators Converge: Ras Al Khaimah 

The launch event, hosted at the Al Hamra International Exhibition & Conference Centre in the Emirate, saw the attendance of Sheikh Mohammed bin Humaid bin Abdullah Al Qasimi and Dr. Sameer Al Ansari, Chairman and CEO of RAK Digital Assets Oasis, along with various high-ranking officials, business leaders, digital innovators, and disruptors.

Empowering the Digital and Virtual Assets Sector: Ras Al Khaimah 

RAK Digital Assets Oasis is the world’s first free zone tailored for digital and virtual assets companies involved in pioneering sectors like the metaverse, blockchain, and other Web3 enterprises, offering them progressive regulations, advisory services, and top-tier facilities.

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