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Sovereign Wealth Funds Briefing - Categorized | Performance

Ras Al Khaimah achieves stable economic progress

Posted on 11 January 2010

From Globalarabnetwork.com: The year 2009 was a turbulent time for global business, with the UAE in particular facing some stiff challenges. To say that Ras Al Khaimah (RAK) sailed through the economic hurricane untouched would be false, but thanks to sound economic planning, 2009 was a year of stable progress for the emirate.

The authorities have encouraged the development of the manufacturing sector, part of a long-standing policy aimed at diversifying the economy that has resulted in industry contributing more than 8% to RAK’s GDP…………………………………..Full Article: Source


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