Early investments that leveraged Ras Al Khaimah’s natural resources have attracted a number of private and public operators to the building materials industry. Indeed, the emirate is home to a number of global and regional players in the cement and ceramics segments. RAK has vast limestone deposits in the Hajar Mountains, the site of the largest...
Expanding human and social capital and diversifying the economy into emerging sectors such as tourism and real estate are key planks of Ras Al Khaimah’s development strategy. As a result, tourism and residential properties are expected to continue to be major drivers of growth in the real estate sector.
What needs to be done to develop Ras Al Khaimah’s logistics and transport infrastructure to further expand the rock and aggregate sector?
In many ways Ras Al Khaimah’s construction sector is the backbone of the local economy, with a number of major infrastructure projects enabling development across a range of sectors. The government is investing heavily to establish the emirate as an international destination for tourism, which is driving significant development. Indeed, the...
In a project that is expected to add 21 km of beaches and 2.7m sq metres of prime real estate to Ras Al Khaimah’s already existing 64 km of natural beaches, Al Marjan Island is central to the government’s strategy of developing the emirate as a destination for “affordable luxury”. Al Marjan Island is the UAE’s fourth man-made island complex and...
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