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Ras al Khaimah, United Arab Emirates

Ras al Khaimah, United Arab Emirates

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Location

Ras Al-Khaimah - Ras Al Khaimah - United Arab Emirates

Capital

Ras Al Khaimah

Official languages

Arabic

Population

191,753

Currency

United Arab Emirates Dirham

ISO 4217

AED

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  • Certificate of incorporation 

  • Articles of association

  • Meeting minutes 

  • Company stamp

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Ras al Khaimah, United Arab Emirates is a rapidly growing economy with a GDP of $14.2 billion in 2019. The economy is driven by a diversified mix of industries, including tourism, manufacturing, and construction. The tourism sector is the largest contributor to the economy, accounting for nearly 40% of GDP. The manufacturing sector is the second largest contributor, accounting for nearly 25% of GDP. The construction sector is the third largest contributor, accounting for nearly 15% of GDP. The government has invested heavily in infrastructure and development projects, which has helped to boost the economy. The unemployment rate in Ras al Khaimah is low, at just 2.2%, and the average monthly salary is around $2,000. The cost of living is relatively low compared to other cities in the region, making it an attractive destination for expats. Overall, Ras al Khaimah is a great place to live and work, with a strong and growing economy.

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