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Ras Al Khaimah 2018




Among what makes Ras Al Khaimah, affectionately known as RAK, an attractive proposition for investors are its bustling international airport, four seaports, maritime free zone, and efficient highway network. Relatively cheap utilities and human resources also curb operational costs, making Ras Al Khaimah a viable alternative to some of its fellow Emirates. In Ras Al Khaimah, manufacturing, including that taking place in free trade zones, accounts for 36% of the Emirate’s GDP, ahead of wholesale and retail trade (8%) and the quarrying industry (9%).

The Business Year’s country-specific publications, sometimes featuring over 150 face-to-face interviews, are among the most comprehensive annual economic publications available internationally.

This 96-page publication covers finance, green economy, energy, industry, transport, real estate, construction, education, health, and tourism. The report features dozens of interviews, including:

  • Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah
  • Sheikh Ahmed bin Saqr Al Qasimi, Chairman of the Ras Al Khaimah Economic Zone (RAKEZ)
  • Richard Menezes, Vice Chairman & Managing Director of Utico
  • Abdallah Massaad, Group CEO of RAK Ceramics
  • Hassan Hamdan Al Alkim, President of the American University of Ras Al Khaimah (AURAK)
  • Haitham Mattar, CEO of the Ras Al Khaimah Tourism Development Authority (RAKTDA)


The publication also features a range of articles and analysis, including:

  • Trade & FDI
  • Sovereign rating and the ease of doing business
  • Energy efficiency & renewable energy strategy
  • Gas developments
  • Saqr Port
  • Mixed-use developments
  • Sheikh Zayed’s legacy
  • Adventure tourism



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