The Emirate of Ras Al Khaimah is seeking to attract investors from China and Hong Kong to its green and digital real estate sectors as part of efforts to strengthen UAE–China cooperation. The emirate aims to attract 3.5 million tourists annually by 2030, up from 1.3 million in 2024. The UAE is also set to open its first casino, operated by Wynn Resorts, in 2027.
Abdullah Al Abdouli, CEO of Marjan, pointed to strong interest from Chinese and Hong Kong investors in real estate, hotels, and residential communities, in addition to opportunities for family-owned businesses in healthcare, education, museums, and entertainment.
He also revealed that major Chinese construction companies are participating in the development of Al Marjan Island, which will add thousands of hotel rooms, residential units, and villas.
Meanwhile, Samah Muhtadi, CEO of Ras Al Khaimah Properties, announced plans to open a marketing and sales office in China. He noted that the visit of China’s foreign minister to the UAE last December underscored stronger cooperation in investment, oil and gas, and infrastructure.
In a move to further strengthen ties, the UAE and Hong Kong signed an agreement last year to facilitate cooperation between investment funds and asset managers, boosting financial flows between Asia and the Middle East.
