Ras Al Khaimah Business, Taxation and Offshore Information
Ras al-Khaimah (the alternative, more accurate transliteration is Ra’s al-Khaymah) includes the northernmost part of the in the UAE, on the triangular Musandam peninsula. This is reflected in its name, which means ‘top of the tent’. The emirate has 65 kilometres of Gulf coastline and has an area of 1,680 square kilometres. It is the fourth-largest emirate with an estimated population of 300,000, of which about 50% are UAE citizens. Arabic and English are the dominant languages.
The UAE economy has been dominated by petroleum. With few oil and gas deposits, Ras al-Khaimah’s wealth has largely been built on manufacturing. The emirate is one of the region’s largest producers of cement and it exports ceramic products to more than 135 countries. Other indistries include ceramic tile production and fishing.
Ras al-Khaimah is strategically placed between Africa and the Middle East and between the Far East and Europe, making it a gateway to over 1.5 billion consumers in countries in the surrounding area. More »