The emirate is building industrial zones to support industries. The Ras Al Khaimah Free Trade Zone (RAK FTZ) hosts over 12,000 companies from over 100 countries worldwide.
Ras Al Khaimah
and United Arab Emirates
Land of unlimited possibilities and tourism
The United Arab Emirates is seeking to diversify its economy
The United Arab Emirates is still largely dependent on revenues from the sale of oil and natural gas. The country is therefore working hard to diversify its economy. One way is to support tourism and massive investment in services and infrastructure. While in 2010 the country registered 10 million international tourist arrivals, by 2019 it was 22 million. The GDP of the country and the GDP of the tourism industry show a long-term correlation, which indicates the alignment of the economy with this sector.
- Gross domestic product in 2021 415 billion dollars
- Foreign direct investment in 2021 21 billion dollars
- Population 9.4 million
Why you should invest
in the United Arab Emirates
Political and economic stability
One of the most stable political systems in the world.
Strategic geographic location
Lies between Asia, Europe, and Africa. Member of the Persian Gulf Council.
Favorable business environment
It hosts 400 of the Fortune Global 500 companies, i.e. the companies with the largest revenue volume.
Modern infrastructure
Logistics, IT and telecommunications infrastructure at the highest level.
Safety
The United Arab Emirates often features in rankings of the safest countries in the world.
Fast construction
Construction management and construction work take place 5 times faster than in the Czech Republic.
