Early investments that leveraged Ras Al Khaimah’s natural resources have attracted a number of private and public operators to the building materials industry. Indeed, the emirate is home to a number of global and regional players in the cement and ceramics segments. RAK has vast limestone deposits in the Hajar Mountains, the site of the largest...
The leadership of Ras Al Khaimah has long demonstrated a strong commitment to developing the emirate into a thriving and modern economy. A core part of this vision includes promoting human and social development, with a particular focus on the provision of quality health care and improving outcomes. With support from the federal government, RAK...
In 2013 Ras Al Khaimah finds itself at a crossroads similar to many other manufacturing-based economies: taking stock of initial successes and contemplating how to add more complex products to the mix. Manufacturing accounts for more than a quarter of RAK’s GDP, and while there is no desire to shift away from the activity, government authorities...
Water security is an economic, social and political priority for the Middle East. Soaring demand and limited natural reserves have pushed the region toward severe water scarcity. The GCC countries are particularly vulnerable; indeed, Bahrain, Qatar, Kuwait and Saudi Arabia are ranked as the most water-stressed countries in the world, and yet they are facing soaring...
Like the other emirates in the UAE, Ras Al Khaimah’s development strategy is centred on transitioning to a knowledge-based economy. Within this strategy, the government places a strong emphasis on both human and social development, with a particular focus on improving education.
As the largest supplier of electricity in Ras Al Khaimah, the Federal Electricity and Water Authority (FEWA), works to meet increasing electricity demand across the UAE, authorities in RAK are developing plans of their own to meet growing local demand. Abu Dhabi provides power and water to residential customers throughout the country, but it...
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