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...
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The Guide explores some of the cultural heritage on offer to visitors in RAK, as well as listings of leading hotels and resorts, and contacts for important government offices and services. It also contains useful tips and information for first-time or regular and business and leisure visitors alike.
Revenues for RAK’s tourism sector rose 44% in 2014 and the total number of overnight stays by guests grew by 72% to reach 2.14m.The tourism sector is estimated to support 307,000 jobs across the UAE, or 5.4% of total employment, which is expected to rise by 5.4% in 2015 and 2.6% per annum until 2025. Developers hope to see the area grow substantially in the next few years as the mixed...
Moves towards the development of a knowledge-based economy have begun in RAK as the emirate implements education reforms and student enrichment initiatives get under way. The Ministry of Education’s mid-range policy for the 2015-21 period targets knowledge integration in industries related to science, technology, engineering and mathematics. Meanwhile, with the federal goal of meeting 15% of...
Investment in both private and public health care facilities has been on the rise over the past decade in RAK, with the health care sector expected to undergo a sustained period of major growth. Demand for new services is rising rapidly as RAK, like the rest of the UAE, witnesses an increasing incidence of lifestyle-related diseases. The government has increasingly targeted private health care...
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