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Ras Al Khaimah\u2019s business landscape<\/a> continues to witness steady growth, with 180 youth-led projects entering the market this year. The rise underscores the emirate\u2019s success in fostering a culture of innovation and entrepreneurship among young Emiratis.<\/p>\n According to Youssef Muhammad Ismail, Chairman of the Supreme Committee of the Saud bin Saqr Foundation for Youth, more than 2,650 establishments have been supported by the foundation to date. Around 35 per cent of these are now fully operational, while the rest are in various stages of development. <\/p>\n \u201cThe number is encouraging,\u201d he said, noting that such initiatives continue to cultivate financial independence and entrepreneurial ambition among the younger generation.<\/p>\n Ismail explained that many young Emiratis are turning to entrepreneurship <\/a>as a means to achieve greater financial stability, particularly as they seek to balance long-term income and retirement goals. \u201cEntrepreneurship provides a sustainable pathway toward independence and long-term security,\u201d he added.<\/p>\n Stay up to date with the latest news. Follow KT on WhatsApp Channels.<\/a><\/p>\n Looking ahead, Ismail emphasised that the next stage of development will require small and emerging businesses to align with international standards and strengthen global partnerships. He noted that by 2026, many international firms are expected to collaborate with UAE-based startups, creating new opportunities for cooperation and market expansion.<\/p>\n He encouraged entrepreneurs to think beyond short-term profit and focus on sustainable growth. \u201cSmall businesses should form alliances or clusters with other local entities to enhance competitiveness and visibility in global markets,\u201d he said. He added that building strong internal structures and preparing for international collaboration will be key as the UAE continues its drive to become a regional hub for innovation<\/a> and entrepreneurial excellence.<\/p>\n The emirate\u2019s supportive business environment has already helped several local ventures grow from small home projects into fully established enterprises.<\/p>\n According to Abdullah Al Balooshi, owner of\u00a0T House, Ras Al Khaimah\u2019s streamlined licensing processes<\/a> and cross-ministry support have played a central role in his business journey. \u201cI started from a home project, then expanded and opened a shop,\u201d he said. \u201cThe facilities available in Ras Al Khaimah make the process much easier. Support reaches across all ministries, and local institutions like the Saud bin Saqr Foundation for Youth Project Development help with official procedures and certifications.\u201d<\/p>\n He noted that entrepreneurs benefit from faster licensing, priority in processing, and guidance through formal requirements, which are advantages that save both time and resources. \u201cThese things help us focus on growing the business instead of getting caught up in paperwork and approvals,\u201d Al Balooshi explained.<\/p>\n After starting with a small catering and event-related home business venture, Al Balooshi developed\u00a0T House, which has since grown into several branches across the UAE. \u201cThe support we receive makes it easier to plan and allocate budgets. Without it, the cost differences would be huge,\u201d he said.<\/p>\n However, Al Balooshi acknowledged that challenges persist, particularly around staffing and supply chain management. \u201cThe biggest challenge in the restaurant sector is suppliers,\u201d he noted. \u201cYou can\u2019t always find consistent products, so you need plans A, B, C, and D.\u201d<\/p>\n Looking ahead, he hopes to expand\u00a0T House\u00a0further within the UAE and eventually beyond its borders. \u201cWe\u2019ve already opened a branch in Sharjah and are working on more locations,\u201d he said.<\/p>\n With continued institutional backing and a growing ecosystem that supports young innovators, Ras Al Khaimah is positioning itself as one of the UAE\u2019s most dynamic centres<\/a> for youth entrepreneurship and sustainable business growth.<\/p>\n Azza Al Ali is a reporter from Ras Al Khaimah, dedicated to sharing stories that bring the community\u2019s voices to life. She\u2019s passionate about connecting with people and highlighting what truly matters to them.<\/p>\n","protected":false},"excerpt":{"rendered":"Ras Al Khaimah\u2019s business landscape continues to witness steady growth, with 180 youth-led projects entering the market this…\n","protected":false},"author":2,"featured_media":226749,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[45,49,48,137],"class_list":{"0":"post-226748","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entrepreneurship","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-entrepreneurship"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/226748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=226748"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/226748\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/226749"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=226748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=226748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=226748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/10\/fallbackPlaceholder-D4jFxx4n.jpg\")
<\/p>\n<\/p>\n![\"Azza](\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/10\/1760959517_42_6772835d_de90_433d_823c_f3abbcea3451.jpg\")
Azza Al Ali<\/a>![\"linkedin\"\/](\"https:\/\/fea.assettype.com\/khaleejtimes\/images\/icons\/linkedin-isa-nf.svg\")
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