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Economy & Business Opportunities in RAK

Ras Al Khaimah is the 4th largest emirate in the UAE in terms of area and population. Ras Al Khaimah is rich with natural resources, raw materials and agricultural land. The emirate is unique in being the site of pioneer quarrying industries locally, regionally and worldwide.

The public sector, gives priority to the development and modernization of the infra-structural facilities and the provision of basic services. The private sector plays a major and leading role in the local economy and is characterized by its specialization and success in specific business activities, particularly the industrial field. The economy of Ras Al Khaimah is dominated by industrial, business, agricultural, livestock and fisheries, and services sectors.

Ras Al Khaimah as part of U.A.E have high growth in all industries mainly in trade and tourism.

The main imports/exports include ceramic tiles, medicines, cement, crushed rocks and fresh fish. Main imports include clinker, live sheep, cars and gold.

Main countries for imports are: Iran, Oman, India, Japan, Bulgaria, Italy, Egypt, UK, Australia and Greece. Main countries for exports are: Saudi Arabia, Bahrain, Kuwait, Qatar and Oman. 

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