Economy

Ras Al Khaimah Economy 2013
Ras Al Khaimah’s economy is well diversified, with five sectors accounting for more than 8% of GDP each: resource extraction and related services; trade; financial services; government services; and construction. Manufacturing is the mainstay of the economy, comprising 26% of GDP. Free zones have been crucial to the emirate’s economic growth, with the government offering investors a range of incentives to set up shop. By improving transport links with neighbouring GCC states, the government hopes to realise new gains and investments into each of these areas. Tourism is also expected to benefit from improved infrastructure, including sector-specific facilities that boost the emirate’s appeal as a destination. This chapter contains an interview with Sheikh Ahmad Saqer Mohamed Al Qasimi, Chairman, Ras Al Khaimah Free Trade Zone.
Share
Cover of The Report: Ras Al Khaimah 2013

The Report

This chapter is from the UAE: Ras Al Khaimah 2013 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Sheikh Ahmad Saqer Mohamed Al Qasemi, Chairman, Ras Al Khaimah Free Trade Zone (RAK FTZ)
OBG talks to Sheikh Ahmad Saqer Mohamed Al Qasemi, Chairman, Ras Al Khaimah Free Trade Zone (RAK FTZ)

Choose a chapter from The Report: Ras Al Khaimah 2013

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart