In recent years, Ras Al Khaimah’s financial services sector has posted robust growth, driven by a rising population and new infrastructure projects. The industry has expanded beyond the emirate and of the four largest players – the National Bank of RAK (RAKBANK), Commercial Bank International (CBI), RAK Insurance and United Insurance Company (...
In a bid to attract new foreign investment inflows across a host of high-priority sectors, the government of Ras Al Khaimah launched a number of new initiatives for prospective and existing businesses in 2014. The RAK Department of Economic Development (RAK DED) recently announced plans to work with the UAE’s Ministry of Economy (MoE) to...
The push among GCC states to invest in Africa came about in earnest following the 2007-08 global food price crisis, and targeted agricultural land and strategic commodity production. Agribusiness, sovereign wealth funds and other agri-investment vehicles were the main players. Primarily state-led, the investments at that time centred on...
Following a difficult period for the international shipping market, in 2012 the container route from Shanghai to the Gulf through Dubai saw the second-highest rate of freight growth in the entire Asian region. This was part of an emerging trend of the maturation of GCC-Asia trade. A relationship that was once just based on energy demand is...
Ras Al Khaimah holds a unique position among the seven emirates that make up the UAE. It has a rich and long history that revolves around trade, with its exports mainly driven by copper and pearl in the past. Making the most of its vast reserves of clay, limestone and sand found on the Hajar Mountains, RAK has built a flourishing manufacturing...
PO Box 1468 Ras Al Khaimah, UAE T: (07) 244 6666 F: (07) 244 6667 alhamrabeachandgolfresort.hilton.com reservations.hamra@hilton.com Rooms: 84 deluxe guest rooms, including suites, as well as 183 luxury villa rooms and suites. Business & Conference Facilities: Convention centre with six meeting rooms and ballroom with space for up to 1000...
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