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The Ras Al Khaimah Tourism Development Authority (RAKTDA) was established in May 2011 under the Government of Ras Al Khaimah. Its purpose is to develop and promote the emirate's tourism offering and infrastructure, both domestically and abroad.
Ras Al Khaimah Investment Authority (RAKIA) is a United Arab Emirates investment authority in the Emirate of Ras Al Khaimah. It issues licenses to operate within RAKIA owned special economic zones , provides business facilities and warehouses and provides investment funding.
The Business Park is situated in the heart of Ras Al Khaimah's business district. Industrial Park. The Industrial Park is located along the Ras Al Khaimah coastal road, approximately 18 km north of Ras Al Khaimah's city center, and adjacent to Hulaylah Island. The park is about 6 km from Ras Al Khaimah's Saqr Port, covering an area of 128 hectares.
Ras Al Khaimah Economic Zone (RAKEZ) is an Emirati free-trade zone in Ras Al Khaimah in United Arab Emirates. In January 2020, Entrepreneur reported the free zone to have 14,000 companies across 50 industries.
It was introduced in 2017 [6] and is one of the 37 free zones across in the United Arab Emirates that are overseen by the Ras Al Khaimah Investment Authority. Situated in the emirate of Ras Al Khaimah, RAKEZ caters to a diverse range of industries, including manufacturing, trading, and services.
Al Marjan Island is a group of 4 coral-shaped islands in a man-made archipelago located in Al Jazirah Al Hamra, Emirate of Ras Al Khaimah, in the Persian Gulf. It is administered by the Al Marjan Island Company. [ 1 ]
Ras Al Khaimah has been the site of continuous human habitation for 7,000 years, one of the few places in the country and the world where this is the case, [8] and there are many historical and archaeological sites throughout the emirate - local sources cite 1,000 [9] - dating from different time periods, including remnants of the Umm Al Nar Culture (3rd millennium BC). [10]
In 2019, Ras Al Khaimah received an estimated 1.12 million tourists, up from just about 500,000 in 2007. [70] Furthermore, until 2027, Ras Al Khaimah will keep boosting economy and tourism by opening the first casino in the area, the Wynn Al Marjan Island luxury resort and casino with a multi-billion dollar investment of USD 3.9 billion. [71]