Senior vice-president of the hotel management firm Omer Z Kaddouri said that the company was excited to establish a presence in the northern emirate.
Visitors looking for property for sale in Ras al Khaimah may wish to stay over at the Orascom and take in the luxury apartments in the Cove Rotana resort and elsewhere in the emirate.
"There is no better way to start the New Year than with the opening of The Cove Rotana Resort, bringing the renowned Rotana hospitality to Ras Al Khaimah. This is a milestone project for Rotana," said Mr Kaddouri.
Visitors to the hotel will also be able to take advantage of a host of indulgent amenities, including restaurants, a leisure and fitness centre and numerous bars and lounges.
Orascom has a strong presence in Eqypt, where its three hotels have become known for their hospitality and luxury.