Cover of The Report: Ras Al Khaimah 2013

The Report: Ras Al Khaimah 2013

Bolstered by burgeoning cement and ceramics industries that draw on the natural resources of the Hajar Mountains, Ras Al Khaimah has one of the GCC’s more diversified economies. Continued investment in infrastructure is enabling further economic growth and encouraging foreign investment. 

A number of opportunities are becoming available to investors, ranging from health care and pharmaceuticals to real estate, energy and transport. The government has attracted thousands of private sector partners to share in strategic investments or set up shop in export-oriented free zones, with the result being a relatively diversified economy. The government is also looking to leverage the natural beauty of the emirate’s beaches, mountains and deserts to build up the tourism sector. As the emirate continues to develop, the government is working to keep up with demand for electricity, adding crucial elements of infrastructure to support growth, and pursuing sectors that should add to the existing mix.

OBG & UAE: Ras Al Khaimah