Economy

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Chapter | Guide from The Report: Saudi Arabia 2015

The Guide contains listings of some of the leading hotels and resorts in Saudi Arabia, contacts for important government offices and services, and useful information for first-time visitors.

The return to single-party government and a commitment to fast track economic reforms have boosted investor confidence in Turkey, though rising inflation and low growth rates could hamper the prospect of renewed fiscal and political stability.

 

Given the increasing diversification in the free zone, what sectors do you see having the greatest potential outside of industry and tourism?

 

Home to sizeable reserves of clay, limestone and sand, but few petroleum resources and fewer than 500,000 residents, Ras Al Khaimah holds a unique position among the UAE’s seven emirates, maintaining a less frenetic pace of life even as its GDP growth rises above the national average.

 

Are you concerned that the numerous projects that are currently under way, along with the increasing drive to attract foreign nationals to the emirate, could dilute Ras Al Khaimah’s heritage and traditions somewhat?

 

Although the government of Ras Al Khaimah is not known for frequent bond issuance, it returned to the debt markets in 2015 with the deployment of a $500m sovereign sukuk (Islamic bond). Bonds, both Islamic and conventional, have been increasingly utilised by public and semi-privatised entities in the emirate recently, and despite...

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