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Tuesday, April 23, 2024

Ruler of Ras Al Khaimah gives keynote at RAK Digital Assets Oasis launch.

H.H. Sheikh Saud bin Saqr Al Qasimi, the Ruler of Ras Al Khaimah, joined by 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 of RAK Digital Assets Oasis. This groundbreaking initiative establishes the Emirate as a global hub for innovation and technology.

Sheikh Saud emphasized the transformative power of innovation, stating that Ras Al Khaimah is committed to embracing emerging tech sectors and contributing to national efforts aimed at bolstering the UAE’s economy and fostering sustainable regional growth.

The Digital Assets Oasis symbolizes Ras Al Khaimah’s dedication to digital innovation and sustainable economic development. Sheikh Saud extended an invitation to visionaries and entrepreneurs worldwide to participate in this journey towards becoming a global player in the digital economy.

The launch event, held at the Al Hamra International Exhibition & Conference Centre in the Emirate, saw the presence of notable figures, including Sheikh Mohammed bin Humaid bin Abdullah Al Qasimi and Dr. Sameer Al Ansari, Chairman and CEO of RAK Digital Assets Oasis, as well as high-ranking officials, business leaders, and digital innovators.

RAK Digital Assets Oasis serves as the world’s first free zone tailored for digital and virtual assets companies operating in cutting-edge sectors like the metaverse, blockchain, and Web3 businesses, offering them progressive legislation, advisory services, and world-class facilities.

(Courtesy WAM)

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