Ras Al Khaimah is one of the constituent emirates of the UAE, with the other six being Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain and Fujairah. Within this group, RAK stands out for its long and rich history that has invariably revolved around global exchange. While in the past trade was largely driven by copper and pearl exports, the...
The Middle East Economy
Displaying 1609 - 1614 of 2003
Articles & Analysis | Maximising growth potential: A strategic location and local resources have proven key to the emirate’s development from The Report: Ras Al Khaimah 2013
Articles & Analysis | Freeing up growth: Increasing the number of free zones to boost investment potential from The Report: Ras Al Khaimah 2013
Free zones have been a central part of Ras Al Khaimah’s recent economic success. Growth has been the result of government policies actively targeting industries and manufacturers that can build on the emirate’s natural resources, offering them the incentive of a low- or no-tax business operating environment. Free zones are a crucial element of...
Articles & Analysis | Competitive edge: Stronger infrastructure expected to support growth from The Report: Ras Al Khaimah 2013
All of Ras Al Khaimah’s key economic drivers require access to up-to-date infrastructure in order to remain competitive. The government has recognised this need and, with support from the federal authorities, has invested in establishing a strong base to support tourism and industry growth in the years ahead. The emirate benefits from both its...
Interviews & Viewpoints | OBG talks to Sheikh Ahmad Saqer Mohamed Al Qasemi, Chairman, Ras Al Khaimah Free Trade Zone (RAK FTZ) from The Report: Ras Al Khaimah 2013
What are RAK FTZ’s goals for 2013, and how is your strategy developing to reach the objectives?
The latest data show that Kuwait’s GDP growth in 2012 was driven by a rapid rise in the oil sector, although the non-oil economy showed improvement. An uptick in consumer sentiment is set to support continued expansion in 2013, but Standard & Poor’s (S&P) says that long-term growth may be hampered by the government’s inability to meet its investment goals.
This chapter highlights two forts in the emirate, one of which now serves as the National Museum. The Guide also contains listings of some of the leading hotels and resorts and features contacts details for government offices and services. It also contains useful tips and information for business and leisure visitors alike.