The emirate of Ras Al Khaimah is quite different from most of other emirates of UAE from economic point of view. Abu Dhabi and several other free zones have abundance of oil & petroleum resources. It is the reason that economic activities in several of these emirates are based on oil industry. In contrast, RAK…
Ras Al Khaimah is one of few UAE emirates with quite less production of oil & petroleum. It is the reason that the emirate tried to develop other sectors far earlier than Abu Dhabi and many other emirates. There are several industries in RAK that were developed soon after independence or even before independence of…
Due to attractive business opportunities in different emirates of UAE, several industries are booming here. There is no doubt about the leading role of Dubai for providing lucrative advantages and opportunities to investors and entrepreneurs in all types of sectors. But other emirates, even the small ones, are trying to compete against Dubai and Abu…
Free zone is an important aspect of UAE and all the 7 emirates are trying to make full use of these free zones for their economic growth. One of the most important free zones is UAE is Ras al Khaimah Free Trade Zone (RAK FTZ). The specific free zone was established in 2000. Recently RAK…