RAK is home to thriving cement and ceramics industries, and in 2014 manufacturing – the emirate’s main employer – accounted for 25.1% of total GDP. The emirate’s free trade zones have been key to driving this expansion. The FTZs offer international companies 100% ownership and allow them to take full advantage of the GCC’s free trade laws. Meanwhile, the emirate’s retail offering continues to...
UAE: Ras Al Khaimah Industry
Chapter | Industry & Retail from The Report: Ras Al Khaimah 2015
With more limited hydrocarbons reserves compared to its UAE neighbours to the south, RAK has developed into an industrial hub thanks to its dynamic network of industrial free trade zones. Considerable natural resources feed the country’s thriving cement and ceramics industries while elsewhere the emirate is looking to leverage its varied landscapes in a bid to boost tourism revenues in line with general economic diversification targets.
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Articles & Analysis | Consumers in Ras Al Khaimah can expect greater variety in the near future from The Report: Ras Al Khaimah 2015
The retail landscape in Ras Al Khaimah is set for a period of expansion, renewal and rejuvenation. In 2015 the oldest shopping mall in the emirate announced plans to double in size within 12 months, and new outlets opened in a water-front retail complex in the centre of the city. With these developments, the range of brands, food outlets and...
Articles & Analysis | Ras Al Khaimah has much to offer manufacturers from The Report: Ras Al Khaimah 2015
From the limestone quarries at its northern tip to the multinational manufacturing plants near its southern borders, primary and secondary industry is flourishing in Ras Al Khaimah.
Articles & Analysis | New firms are setting up shop in Ras Al Khaimah from The Report: Ras Al Khaimah 2015
A factory that will turn used plastic bottles into 100 tonnes a day of fibres to be used for blankets, fleeces and car upholstery opened in Ras Al Khaimah in 2015, following a $100m investment by Asian Fibres, a company that plans to employ 600 staff at its new works.
Interviews & Viewpoints | Yousef Obaid Al Nuaimi, Chairman, Ras Al Khaimah Chamber of Commerce and Industry: Interview from The Report: Ras Al Khaimah 2015
How is the chamber working towards the government’s goal of diversifying the economy beyond its industrial manufacturing and tourism bases?
Articles & Analysis | Cement and rock industries focus on new green regulations in Ras Al Khaimah from The Report: Ras Al Khaimah 2015
The rock and cement industry in Ras Al Khaimah helped build the world’s highest skyscraper, Dubai’s Burj Khalifa, but is now being monitored by unmanned observation planes. This was announced by Saif Mohammed Al Shara, assistant under-secretary for external audit at the Federal Ministry of Environment and Water (MoEW) in May 2015. “This...