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...
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...
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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.
RAK’s path towards economic diversification started early and has seen it transform into an industrial and manufacturing hub, supported by targeted resource development, a fast-expanding network of free zones, and government efforts to promote and incentivise investment. The emirate’s GDP growth was reported at 7.6% in 2013, reaching $7.05bn, with manufacturing representing the single-largest...
RAK is ruled by Sheikh Saud bin Saqr Al Qasimi, who has ruled since the passing of his father, Sheikh Saqr, in 2010. The emirate’s population has grown significantly over recent years, rising from 267,000 in 2009 to 413,000 in 2010. Despite its relatively small geographic size, the emirate nevertheless boasts a varied landscape and considerable natural resources. Indeed it is home to the...
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