• Sheikh Saud bin Saqr Al Qasimi

Sheikh Saud bin Saqr Al Qasimi

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As an industrialised emirate with limited petroleum resources, Ras Al Khaimah has witnessed considerable economic diversification in recent years, driven in large part by government plans to equip the emirate with a knowledge-based economy that includes a profitable education sector.

 

The tourism industry hit a high note in 2014, with revenues surpassing Dh1bn ($272.2m) and the total number of overnight stays by guests growing by 72% over 2013 to reach 2.14m. 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...

 

Following a decade of investment in both public and private facilities, the health care sector in Ras Al Khaimah is set for major growth in the coming years. The official inauguration of the new Sheikh Khalifa Specialty Hospital (SKSH) in early 2015 represents perhaps the most significant step forward for the emirate’s health care industry,...

 

A key sector in Ras Al Khaimah, the construction industry is driven by housing, hospitality and infrastructure schemes within the emirate, but also by its key role in providing raw materials and manufactured components for mega-projects in the UAE and beyond. Although the sector has seen unprecedented peaks and troughs in the last decade,...

 

From the limestone quarries at its northern tip to the multinational manufacturing plants near its southern borders, primary and secondary industry is flourishing in Ras Al Khaimah.

 

Home to sizeable reserves of clay, limestone and sand, but few petroleum resources and fewer than 500,000 residents, Ras Al Khaimah holds a unique position among the UAE’s seven emirates, maintaining a less frenetic pace of life even as its GDP growth rises above the national average.

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