UAE Top Stories
UAE Tourism and Tourism in UAE - Online Information

The making of a powerhouse: How the United Arab Emirates (UAE) is transformed to an economic and tourism world class centre of the future.

UAE Facts & Figures
Dubai when desert dreams come true Country report about Dubai

Oil now plays a very minor role; it represents only around 3 percent of Dubai’s GDP. Dubai’s economic success story is mainly based on its 20 free zones (of which 12 are still under construction). You want to set up your own laboratory in order to invent new drugs for the health sector? Then DuBiotech, a dedicated free zone for biotech companies, is the right zone for you. Entrepreneurs in the IT-sector establish their firms in Dubai Internet City and trade companies go either to the Dubai Airport Free Zone or Jebel Ali Free Zone. Nearly all Fortune 500-companies are present in Dubai.

Abu Dhabi Report Abu Dhabi future metropolis of the UAE

Within the UAE, Abu Dhabi owns the lion’s share of oil and gas– 95 percent and 92 percent, respectively. As a result, with US$ 63,000, Abu Dhabi is ranked third in the world in terms of GDP per capita (ahead of Switzerland, but behind Luxemburg and Norway). “I think the appeal of Abu Dhabi is that it represents about 60% of the economy of the UAE”, says Michael H. Tomalin, Chief Executive (CE) of National Bank of Abu Dhabi (NBAD), the largest bank in Abu Dhabi . NBAD’s major shareholder is the state. Only 30 percent of NBAD-stocks are listed at the Abu Dhabi Exchange and this is representative for most UAE banks.

Ras al-Khaimah (RAK)

For H.H. Sheikh Saud Bin Saqr Al Qassimi, Crown Prince and Deputy Ruler of Ras al-Khaimah, or simply RAK, this title is not enough. His Highness wants to raise RAK to the top of the Middle Eastern economic, tourism and industry rankings. RAK’s GDP has grown by more than 50 percent over the last four years and the fast growing emirate, riding a wave of massive inward investment, is expected to clock an annual growth rate of over 15 percent in the next few years.

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Top Interviews
H.H. Sheikh Saud bin Saqr Al Qassimi

Crown Prince and Deputy Ruler of Ras Al Khaimah - Biography
Read more - Key Private Institutions
In RAK, if you are a creator, if you are an American or Swiss, if you are a private creator, basically it is a place where you try to create a place for everybody and to be a magnet for talent. It is a place where our greatest success is talent.

RAK Investment Authority, Dr. Khater Massaad

Advisor to HH Sheikh Saud bin Saqr Al Qassimi, CEO of RAK Investment Authority and RAK Ceramics - Biography
Read more - RAK Investment Authority (RAKIA)
RAKIA´s second job is then to show that an investor’s life is very easy and to help all the investors achieve their goal of good profits and good establishment of their businesses. So we have land, licensing and language.We are leasing industrial lands. We have industrial zones, free zones, Media City and even zones for tourism development. All this is our job in RAKIA. We have also simplified investing; it is very easy.The investors, who come here, will deal with a one-stop shop, which is RAK Investment Authority.Everything is simplified, straightforward, clear and very easy.

RAK Free Trade Zone, Oussama El Omari

CEO and Director General of RAK Free Trade Zone
Read more - RAK Free Trade Zone
RAK Free Trade Zone the future is that the RAK Free Trade Zone will grow and tin he future RAK Free Trade Zone will have many specialized industries and many specialized management parks that will diversify from logistic parks to business parks to ship yards and the yacht parks. It will be specializing where each industry will have its own management.

AL Qudra Abu Dhabi, Mahmood Ebraheem Al Mahmood

CEO of Al Qudra Holding
Read more - Al Qudra Holding

When Al Qudra Holding started, we envisioned what we wanted to do as Al Qudra. It was clear what was to be done in Abu Dhabi. Al Qudra tried to position itself as leader of the developers here, as leaders of the private sector players, so  Al Qudra decided to get into those five main sectors. If you ask me how that is different from our position today, we look at what adds value to what we are doing.