The market for financial services in Ras Al Khaimah is growing in size and sophistication along with the emirate’s broader economy. As a supplier of a range of basic building materials, RAK’s industry-fuelled economy is aligned with the fortunes of the wider region, and this should result in opportunities for financial services companies to fund...
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...
Industrial activity has been crucial to Ras Al Khaimah’s economic growth, driven by the government’s policy of attracting firms and investment into the sector based on the natural resources RAK has to offer them. The emirate is now looking to increase growth capacity by removing electricity supply constraints, addressing logistics concerns and...
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...
In accordance with its liberal economic principles, Gabon is open to foreign investors and the rights of free enterprise are guaranteed. 1. GENERAL LEGAL ENVIRONMENT A. Constitution & Other Sources of Rules: Gabon has a civil law structure with a hierarchy of legislation: lower laws need to comply with upper laws.
The Emerging Gabon strategy is aiming to foster more exploration and production in the mining sector, as well as expansion of local downstream processing capacity. A new mining code under development over the past two years is expected to pass Parliament by the end of 2013 with no major surprises for mining firms, although, as in many other mineral-...
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