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TRA UAE joins hands with American University of RAK

TRA has signed an agreement to fund the information and innovation centre for American University of RAK (AURAK). The Telecommunications Regulatory Authority (TRA) has signed an agreement to fund the information and innovation center and build a laboratory for the American University of Ras Al Khaimah (AURAK), on the first day of GITEX 2016. The fund is worth AED 3.4 …

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RAK FTZ & RAKIA open submissions for the RAK freezones business excellence awards

Ras Al Khaimah Free Trade Zone (RAK FTZ) and Ras Al Khaimah Investment Authority (RAKIA) open submissions for the third RAK Freezones Business Excellence Awards set to take place on 19 January 2017. With the commitment to expand competition and involve more industries, this year’s awards program will also include the businesses established in RAKIA alongside with RAK FTZ companies. …

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More than 250 attend inaugural young global leaders debate in Ral Al Khaimah

Held under the patronage of His Highness Sheikh Saud Bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, Ras Al Khaimah Tourism Development Authority (RAKTDA) today hosted the inaugural Young Global Leaders Debate at the Al Hamra Convention Centre. The event was organized by LEADERS Middle East Magazine. The one-day event featured an opening speech from …

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Indian business giants turn to RAK as gateway for GCC

Government approved incentives, business-friendly climate and lower operational costs in free zones cited as drivers 52% jump in business from Indian clients in 2015 An increasing number of top Indian companies and entrepreneurs are turning to Ras Al Khaimah as an entry point to enter the GCC and the rest of the Middle East, according to latest figures released by …

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Starwood brings new Four Points by Sheraton to Ras Al Khaimah

Opening in 2019, Four Points by Sheraton Ras Al Khamah marks the company’s entry in the Emirate Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced the signing of Four Points by Sheraton Ras Al Khaimah with Hamarain Real Estate LLC. Scheduled to open in the first quarter of 2019, the hotel will be Starwood’s first property in the Emirate …

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Ceramics in fashion!

Ceramics today has become a design-orientated, fashion-led product, with fast changing trends. Fashion conscious customers no longer want to wait 5-10 years to replace their tiles or sanitaryware, but change them more regularly to keep their interiors and exteriors looking fresh and modern. A ccording to research by Frost and Sullivan, the global ceramic tiles market is projected to reach US$125.32 …

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Nielsen: RAK offers a high quality of life

• First in-depth research into the quality of life of Ras Al Khaimah residents commissioned by the Ras Al Khaimah Tourism Development Authority • Overall quality of life in Ras Al Khaimah scores 72 out of a possible 100 • The Ras Al Khaimah Quality of Life Study results reveal that residents consider the emirate to be naturally beautiful and …

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RAK International Airport: Poised for a surge

As it approaches its 40th anniversary,  Ras Al Khaimah International Airport has reported a highly successful 2015, during which aircraft movements of scheduled flights increased by 26% over the previous year. New charter operations from Germany, Poland, Latvia and Russia also kicked off. In addition, Air Arabia, for whom RAK International is a growing hub, increased flight frequencies to the …

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The RAK Tourism growth story

Ras Al Khaimah’s tourism revenue rose 12.4 per cent last year over 2014, the highest increase in five years according to Ras Al Khaimah Tourism Development Authority. The growth in revenue was driven by a six per cent year-on-year increase in the number of visitors to 740,383 last year. Hotel occupancy in the emirate grew 9.7 per cent to 64.7 …

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Expanding your business to RAKIA

Ras Al Khaimah Investment Authority

Rino Sabatino, CEO of Ras Al Khaimah Investment Authority (RAKIA) shares his views about the investment climate in the emirate of Ras Al Khaimah in  a one to one conversation with Jinal Chheda, Robust RAK. He also shares his ideas about the developments that will encourage more investors which will generate local development benefits, creating a multiplier effect. Q: Why and …

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