Ghana’s outward-looking stance with regard to regional relations is to some extent an inheritance from its first president, Kwarme Nkrumah. The newly independent nation’s foreign policy was predicated upon a call for a united Africa, which would culminate in a political, social and economic integration across the continent. The proposition was...
One of the principal attractions of Ghana as an investment destination is its status as one of the most well-governed and stable states in the region. It is now more than two decades since the multiparty system was first re-established by a new constitution, and during this time there has been a consolidation of democratic principles in the...
As an industrialised emirate with limited petroleum resources, Ras Al Khaimah has witnessed considerable economic diversification in recent years, driven in large part by government plans to equip the emirate with a knowledge-based economy that includes a profitable education sector.
In recent years, the tourism sector in Ras Al Khaimah has been enjoying a period of growth and profitability. In March 2015, a year after three new hotels opened, adding more than 1450 keys to the emirate’s hospitality sector, RAK’s Tourism Development Authority (RAK TDA) was able to report average occupancy levels of 70.31%, above the...
When three new hotels with a combined key count of 1440 opened on Al Marjan Island in 2014, Ras Al Khaimah’s new resort destination came to life. Indeed, developers hope to see the area grow substantially in the next few years as a mixed development of holiday homes, restaurants, bars, marinas and up to 20 hotels that will together make a...
The tourism industry hit a high note in 2014, with revenues surpassing Dh1bn ($272.2m) and the total number of overnight stays by guests growing by 72% over 2013 to reach 2.14m. As the government intensifies efforts to develop and promote the tourism sector, in line with Sheikh Saud bin Saqr Al Qasimi’s long-term vision for economic...
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