Why do you think investors should do business in Ras Al- Khaimah?
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Investors should do business in Ras – al – Khaimah because it has a high potential of returns and is also one of the most important and fastest-growing economic hubs in the world.
EXPLANATION:
- Ras - Al - Khaimah is located in the country of United Arab Emirates, a country known for its economic development in various sectors.
- The country is already a billion-dollar economy and is also called as NYC of the east.
- Its major industries are based on oil and natural gas, but the new ruler of the country, Sheikh Mohammad bin Rashid wants the economy to grow in non-oil industries also, and for this, he had taken various steps to attract the investors across the world.
- He had been promoting ease of business in the country and investors are also very highly likely to get enormous returns.
- For example, to promote the tourism industry in Dubai and Abu Dhabi various investors were invited to invest in the chain of hotels and other hospitality businesses.
To learn more about Ras - Al - Khaimah:
What are the industrial investments in Ras Al - Khaimah
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Write a short note on city of Ras Al Khaimah and Fujairah
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