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Overview

Setting the bar: Working to move towards a knowledge-based economy
OBG
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Like the other emirates in the UAE, Ras Al Khaimah’s development strategy is centred on transitioning to a knowledge-based economy. Within this strategy, the government places a strong emphasis on both human and social development, with a particular focus on improving education. The public sector currently dominates the education landscape and manages most schools and universities. However, as with…

Overview

Building a healthy future: Increased investment will be vital to making the emirate more competitive
OBG
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The leadership of Ras Al Khaimah has long demonstrated a strong commitment to developing the emirate into a thriving and modern economy. A core part of this vision includes promoting human and social development, with a particular focus on the provision of quality health care and improving outcomes. With support from the federal government, RAK has made significant progress over the last five years…

Overview

Protecting Julfar: Unearthing a region of rich historical importance
OBG
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Ras Al Khaimah has become an important part of the UAE since the formation of the union in the early 1970s. The emirate, however, has an ancient history that goes back more than 7000 years. There are traces of human activity in the region that date back to approximately 5500 BCE, and stone implements, beads, pottery and a variety of building structures point to a long history of trade and settlement.…

Overview

Top of the tent: Ras Al khaimah Hotel Listings
OBG
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Mangrove Hotel (Bin Majid Hotels & Resorts) PO Box T: (07) 233 7733 F: (07) 233 7703 www.binmajid.com mangrove@binmajid.com Rooms: 186 rooms: 30 standard rooms, 90 suite rooms, 60 executive rooms and 6 presidential suites. Business & Conference Facilities: All essential services, 24-hour business centre, meeting rooms, secretarial services, business phone service, express mail,…

Overview

Affordable luxury: The tourism sector works to distinguish itself from the competition
OBG
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Ras Al Khaimah boasts one of the fastest-growing tourism sectors in the UAE and the wider GCC region. While the sector still accounts for only a fraction of the emirate’s total GDP, ambitious plans to develop new tourism facilities, build additional infrastructure and implement a cohesive tourism strategy seek to boost the economy and to establish the emirate as a viable tourist destination. The…
Interview

OBG talks to Sheikh Mohammed bin Saud Al Qasimi, Crown Prince of Ras Al Khaimah
OBG
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Interview:Sheikh Mohammed bin Saud Al Qasimi What do you identify as key priorities in the government’s infrastructure agenda? SHEIKH MOHAMMED BIN SAUD AL QASIMI: RAK’s developed infrastructure has allowed us to attract state-of-the-art industrial facilities and offer the conveniences of modern life to our citizens and residents. In an economy as diversified as ours, however, there is always…
Interview

OBG talks to Sheikh Saud bin Saqr Al Qasimi, Ruler of Ras Al Khaimah
OBG
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Interview:Sheikh Saud bin Saqr Al Qasimi How much has the emirate’s investment strategy been affected by the global economic crisis? SHEIKH SAUD BIN SAQR AL QASIMI: Success and adversity alike are opportunities for reflection. That said, there is no better way to deepen our understanding of our challenges (and how best to address them) than enduring a crisis. In RAK, we weathered the economic…
Interview

OBG talks to Sheikh Ahmad Saqer Mohamed Al Qasemi, Chairman, Ras Al Khaimah Free Trade Zone (RAK FTZ)
OBG
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Interview:Sheikh Ahmad Saqer Mohamed Al Qasemi What are RAK FTZ’s goals for 2013, and how is your strategy developing to reach the objectives? SHEIKH AHMAD SAQER MOHAMED AL QASEMI: RAK FTZ aims to be the highest quality and the most cost-effective FTZ in the region. To this end, our goal is to offer a solid product that businesses would choose to be a part of. We have built on this foundation…
Interview

OBG talks to Kris Babicci, CEO, Commercial Bank International
OBG
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Interview:Kris Babicci What do you identify as the biggest opportunities in financing industrial expansion? How much of this expansion can be financed locally? KRIS BABICCI: There are two types of opportunities in financing Ras Al Khaimah’s industrial expansion. The first is with regard to the development of infrastructure projects, like the expansion of the airport, ports and road networks,…
Interview

OBG talks to Captain Colin Crookshank, General Manager, RAK Ports Group
OBG
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Interview:Captain Colin Crookshank How does RAK fit in with the other ports in the region? In what ways is it different? CAPTAIN COLINCROOKSHANK: As a large bulk commodity handling port, Saqr Port cannot really be compared to other ports in the region. The majority of large bulk ports globally are linked to one type of cargo, for example, coal or iron ore. Saqr Port handles aggregates,…