Ras Al Khaimah has a rich history. This chapter examines a recurring theme of RAK’s past, the emirate’s defence against foreign incursions. The area that now makes up present-day RAK was historically a popular target for invaders due to the location at the entrance of the Gulf. This maritime potential made RAK an important shipping point throughout the ages. Indeed, RAK drew military challenges...
Displaying 6313 - 6318 of 6749
With some of the fastest-growing free trade zones in the region, Ras Al Khaimah has witnessed impressive economic expansion and diversification across key industries in recent years, and is on its way to becoming an important investment destination in the Gulf
Economic update | Abu Dhabi: Growth path
7 Aug 2012
Buoyed by positive growth in 2011, Abu Dhabi looks set to see a strong economic performance again this year. Though efforts to diversify the economy continue, high oil prices ensured that energy was the emirate’s strongest performer last year, even as non-oil sectors’ contribution to GDP increased.
Even though foreign direct investment (FDI) inflows are poised to rise sharply in the second half of 2012, the Jordanian government is treading cautiously against the background of a still fragile global economy and daily concerns over the level of regional instability on its own doorstep.
Articles & Analysis | Into the jungle: Trekking along the Kokoda Trail from The Report: Papua New Guinea 2012
Running 97 km along the central mountain range in Papua New Guinea, the Kokoda Trail played an important part in the history of the Second World War in PNG. Beginning at Owers’ Corner on the southern side of the Owen Stanley Range, it runs across the mountains to the Kokoda plateau in the Yodda Valley. From Kokoda, the track slips down towards...
Articles & Analysis | Starting small: New support for SMEs could lead to large-scale expansion from The Report: Papua New Guinea 2012
The great majority of economic activity in Papua New Guinea takes place outside the formal economic system. Indeed, according to AusAID, the Australian government’s international aid entity, some 85% of PNG’s economy is informal, primarily consisting of semi-subsistence agricultural activities. A substantial percentage of the informal businesses in...