Under his patronage, MEED will host the two-day event supported by
RAKIA at the Al Hamra Fort Hotel in Ras Al Khaimah. This forum is
designed to showcase the latest information on all key current and
upcoming projects in the Emirate including the Saqr Port expansion, the
Rotana Hotel project and specific RAKIA investment projects.
Economic strengthening and diversification of the Emirate is moving
at an incredibly swift pace with RAKIA alone having invested over
US$408 million in local projects and attracted over US$950 million in
outside investment since 2004.
Foreign trade in Ras Al Khaimah
increased by 110% in 2005, with total foreign trade climbing to AED
10.4 billion in value. Development is occurring across a variety of
areas such as tourism, healthcare, real estate, sporting facilities and
retail. Developments in healthcare and education hold a total
investment of over US$2 billion in the next five years.
Edmund O'Sullivan, Chairman, MEED Events said: “Ras Al Khaimah is
emerging as one of the most attractive locations for investment, work
and leisure in the new Gulf. This conference will shed light on the
scale and range of opportunities currently on offer in the Emirate as
well as highlighting upcoming development plans."
Confirmed expert speakers at the conference will include: Dr Khater
Masaad, CEO, RAKIA; Omar El-Quqa, Executive Vice President, Global
Investment House; and Dr Imad Haffar, CEO, Rakeen.
Dr Khater, Chief Executive, Ras Al Khaimah Investment Authority
(RAKIA) added: "The increasing number of companies being set up in Ras
Al Khaimah reveals the growing reputation of the emirate as a business
hotspot. Investments have come from different sectors, which also shows
our flexibility to accommodate various industry requirements and
provide suitable infrastructure and policies to improve their business
prospects.”
Over 30 leading figures from all key sectors will be addressing the
most pressing issues facing RAK at the conference, with up-to-date and
pertinent information. The conference is the ideal platform on which to
exchange information and ideas. Panel sessions will provide the perfect
stage for discussion and debate. The conference will also include
discussions on La Hoya Bay Residence and Business Village and the AED
300 million Hilton Beach Hotel.
Delegates and speakers come
from a variety of fields such as construction, utilities, banking and
finance, real estate, project management and hospitality, signifying
Ras Al Khaimah as one of the most exciting emerging areas for future
investment in the Gulf region.
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