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.
COO of Sharjah Islamic BankWe have witnessed a remarkable growth rates since transformation, and we have seen huge demand in our recent capital increase through the right issue, which shows that our shareholders as well as our customers have a great confidence in our performance, and the potential for growth in the future.
CEO of Daman Investments On the annual basis, after the downturn of 2006, Dubai general index recovered well and gained 43.7% to reach 5931.95 points at the end of 2007.
Stephan Baker, General Manager of Dr. Sulaiman Al Habib medical center Apart from first world service! I think that’s one of the main expectations everyone is expecting world class medical service. To be licensed as a Doctor in the UAE you have to reach a certain and that standard is raised in the Medical City. Because it is a free zone it has its own regulations which in my opinion are more stringent that those of the rest of the country.
Managing Director of Clipsal Middle East, Pierlite Middle East We are talking about almost $ 3 trillion in the construction industry in the next 5 to 10 years in the region. The investment regions have already started. I think it is very difficult to hold it in the middle, adding the industry boom activity and expansion.
Interview with Mahmood Ebraheem Al Mahmood
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.
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.
Among travelers, Ajman is well-known for the beach hotel, Ajman Kempinski, but the journey does not stop here. Despite being the smallest of the seven emirates that make up the United Arab Emirates, “Ajman is emerging as one of the big players in the real estate sector”, Imad Dana, CEO of Al Zorah, is convinced.
Fujairah, the easternmost emirate of the UAE with a fabulous coast on the Gulf of Oman, is already home to an international airport and, even here, figures are all on the rise.
In five years time, the emirate of Umm Al Quwain wants to be as popular as the other six emirates. Literally, Umm Al Quwain means “the mother of two powers”, a reference to the seafaring tradition of this emirate. It is home to 62,000 people and ruled by the Al Mu’alla-family.
Abdul Redha Ali Bin Redha, Project Director of Global Village As you know, the Global Village has a strong history of bringing all cultures and countries under one umbrella. So, from that concept,Global Village is going to the international market saying that Global Village has different representatives from different countries, retailers and shows representing many countries. All that will be offered under one umbrella to our visitors. Global Village is basically focusing on and promoting the Global Village but at the same time Dubai as a secure and safe city attracting people from all over the world.
