DOUBLETREE BY HILTON RESORT & SPA MARJAN ISLAND POBox 14800, Marjan Island Boulevard, Ras Al Khaimah, UAE T: (07) 203 0000 F: (07) 203 0003 r asalkhaimah.doubletreebyhilton.com ras-al-khaimah-resort@hilton.com Rooms: 485 guest rooms, including 5 suites and 150 chalets. Business & Conference Facilities: Audio-visual equipment rental, access to fax, modem and photocopying services,…
Ras Al Khaimah Free Trade Zone (RAK FTZ) is in the midst of a major expansion, which will see a host of new infrastructure, tenants and specialised facilities spring up in the coming years. Acting as an important driver of economic growth, and recently ranked as one of the best in the world, the free zone was established 15 years ago and today boasts over 8000 businesses from 100 different countries.…
Ras Al Khaimah saw its tourism industry hit a high note in 2014, with revenues surpassing Dh1bn ($242.9m), bolstered by the addition of new rooms and a rise in the number of hotel nights spent by visitors in the emirate. 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 diversification, the…
A renewed focus on developing the tourism and industrial sectors has driven a construction boom in Ras Al Khaimah (RAK) and led to the development of a host of industrial, residential, commercial and retail spaces. To support this growth, the government has at the same time invested in basic electricity, water and sewer networks.Like other northern emirates, RAK has historically faced a shortage of…
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 own transport links, in the form of its international…
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 the government’s economic growth and diversification…
In a project that is expected to add 21 km of beaches and 2.7m sq metres of prime real estate to Ras Al Khaimah’s already existing 64 km of natural beaches, Al Marjan Island is central to the government’s strategy of developing the emirate as a destination for “affordable luxury”. Al Marjan Island is the UAE’s fourth man-made island complex and the first in the Northern Emirates. Initially…
Economic diversification has been a primary goal for Ras Al Khaimah’s leadership, and success thus far has mostly meant leveraging the emirate’s varied natural resources to nurture industry and manufacturing. Industrial activity accounts for roughly a third of the emirate’s GDP and constitutes a key element of its diversification programme. At the same time, RAK aims to follow a 20/20 rule –…
A number of factors are converging to create a positive outlook for the insurance sector in Ras Al Khaimah. They include the emirate’s strong growth trajectory, a low penetration rate for insurance and the increasing sophistication of RAK’s economic approach. With opportunities come challenges, however: the prospective nature of the market means that companies operating here are doing so largely…
The global insolation map has three notable patches of dark red: one in western Australia; another in southwest US; and perhaps the largest stretching from Algeria across North Africa all the way to the Arabian Gulf. It is in these regions where the most sun hits the ground, creating the greatest potential for solar energy. The large swathe in the MENA region is of particular interest these days. It…
