rak chamber of commerce hosts pre event press conference ahead of rakis 2026
Posted on 9 November 2026

RAK Chamber of Commerce Hosts Pre-Event Press Conference Ahead of RAKIS 2026

RAS AL KHAIMAH, November 9: Ahead of the third edition of the Ras Al Khaimah Investment and Business Summit (RAKIS 2026), a pre-event press conference was held today at the RAK Chamber of Commerce, bringing together representatives of the organising team and local media to discuss the upcoming summit, its key focus areas and its broader economic objectives for the emirate.

The press conference was attended by Mohammed Hasan Alsabab, Deputy Manager of RAK Chamber of Commerce; Mohamed Gamaledin Bahgat, Director of Operations, Organisation Department; and Shariq Abdul Hai, CEO of Valiant Market Services, alongside journalists representing various media organisations.

During the interactive question-and-answer session, journalists sought clarification on the changes introduced for this year's edition, including the venue, programme developments, key thematic areas and the profile of participants expected to attend the summit.

Addressing these questions, the speakers highlighted the summit's growing emphasis on facilitating meaningful business engagement, strengthening trade relationships and attracting investment opportunities to Ras Al Khaimah. 

The speakers emphasised that RAKIS 2026 aims to build on the business ecosystem developed through previous editions, while expanding its reach and impact. 

While elaborating on the objectives of the collaboration behind RAKIS, Mohammed Hasan Alsabab said that a key priority is to attract more businesses, investors and trade delegations to Ras Al Khaimah, providing them with opportunities to explore the emirate’s economic potential and identify avenues for establishing or expanding their presence. “RAKIS provides a strong ecosystem to facilitate these connections, encourage business engagement and help companies take their next steps towards growth,” he said.

Commenting on the partnership, Mohamed Gamaledin Bahgat said, “We are delighted to collaborate with companies like Valiant Market Services, which bring forward ideas and initiatives aimed at enhancing the economic potential of the emirate. As RAKIS enters its third edition, we are pleased with the success of this collaboration and look forward to building on the progress achieved through our partnership.”

Shariq Abdul Hai, CEO of Valiant Market Services, representing the company behind the summit's organisation and delivery said that particular attention for the upcoming edition was drawn to the participation of international trade delegations and federal government entities, alongside businesses, investors and other key stakeholders.

“The summit will also seek to facilitate the next stage of growth for participating companies by connecting them with relevant stakeholders, institutional representatives and potential business partners,” Shariq added.

The press conference provided an opportunity for media representatives to engage directly with the organising team, gain a clearer understanding of the summit's direction and explore the developments shaping this year's edition.

Held under the patronage of His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, the third edition of RAKIS 2026 will take place on 11–12 November 2026 at the RAK Exhibition Centre. The summit will bring together business leaders, investors, policymakers, government representatives and industry stakeholders to explore investment opportunities, strengthen partnerships and advance economic growth across key sectors.

Through its continued focus on investment facilitation, international engagement and business collaboration, RAKIS 2026 aims to further position Ras Al Khaimah as an attractive destination for investment, trade and business expansion.