The Ras Al Khaimah Department of Economic Development was established by virtue of Emiri Decree No. (11) of 1981. On 1st January 2007, at the approval of H.H. Sheikh Saud Bin Saqr Al Qasimi, the Crown Prince and Deputy Ruler then, the department's name was changed from 'Economic Department' to 'Department of Economic Development' and accordingly, the functions and objectives of the Department of Economic Development were reformulated to be more detailed and comprehensive.
The Department provides a variety of services relating to licenses, commercial control and consumer protection with a view to provide many facilities to investors in the Emirate. In addition, it provides a great deal of official data and statistics that serve all segments of the society either for studying the labour market and investment climate in the Emirate or for specialized scientific research.
Under the directives of H.H. Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, the DED's mission, vision, values and strategic objectives were designed in line with the needs and future prospects of the different categories of customers.
Also, DED communicated its specializations and activities to customers through publishing DED's organizational structure, administrations, branches and the relationship with partners and suppliers, in addition to activating its social role by regulating many events and activities, which enhances its strategic values and objectives.