Ras Al Khaimah saw its tourism industry hit a high note in 2014, with revenues surpassing Dh1bn ($242.9m), bolstered by the addition of new rooms and a rise in the number of hotel nights spent by visitors in the emirate.
UAE: Ras Al Khaimah
Displaying 61 - 66 of 199
A renewed focus on developing the tourism and industrial sectors has driven a construction boom in Ras Al Khaimah (RAK) and led to the development of a host of industrial, residential, commercial and retail spaces. To support this growth, the government has at the same time invested in basic electricity, water and sewer networks.
Since its establishment in late May 1981, the GCC has experienced over three decades of rapid economic growth. The bloc’s six members – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE – have benefitted from greater integration and cooperation over the years, and continue to work to diversify their economies to maintain their competitive edge.
Never far from the headlines, the region faces a number of significant political and economic challenges. Amidst this, however, the economies of the Middle East offer numerous opportunities for investors, across all sectors.
Articles & Analysis | Opening doors: Luxury developments promise to boost capacity and raise the emirate’s profile as a destination from The Report: Ras Al Khaimah 2013
The government of Ras Al Khaimah has embarked on an ambitious programme to expand its tourism facilities to meet increasing demand from visitors. In the short term, one key project is the development of Hilton Worldwide’s Waldorf Astoria hotel, a highend property which promises to raise the emirate’s profile as a luxury destination. Over the...
Articles & Analysis | Affordable luxury: The tourism sector works to distinguish itself from the competition from The Report: Ras Al Khaimah 2013
Ras Al Khaimah boasts one of the fastest-growing tourism sectors in the UAE and the wider GCC region. While the sector still accounts for only a fraction of the emirate’s total GDP, ambitious plans to develop new tourism facilities, build additional infrastructure and implement a cohesive tourism strategy seek to boost the economy and to...