Category: Ras Al Khaimah

UAE stock crashes refocus investors into local property

When UAE stock markets crashed in 2006 investors put their money into local property instead. Equity markets rallied in autumn last year but have just dipped sharply again, losing 5.3 per cent on Monday, the worst day since November 2006. The question is, will property benefit again? The answer is, most likely. The US Federal… Read more »

Conference in Ras Al Khaimah attracts powerful line-up

The Ras Al Khaimah Investment Authority (Rakia) in partnership with business intelligence firm Middle East Economic Digest (MEED), have announced that the second annual Ras Al Khaimah Conference 2008 will be held at the Al Hamra Fort Hotel in Ras Al Khaimah from January 27-28. The conference will be inaugurated by Sheikh Saud Bin Saqr… Read more »

Ras Al Khaimah Chamber of Commerce and Industry means business

The Ras Al Khaimah Chamber of Commerce and Industry (RCCI) which became effective from Jan 1, 2008 has been welcomed by chairman Yusuf Obaid Al Nuaimi, saying “it is a strong leap towards boosting the economy in the emirate of RAK." The RCCI is entitled to provide a mechanism of settling commercial disputes through conciliation… Read more »

Growing Moroccan tourist trade benefits investors

Investors in the Moroccan property market are currently benefiting from increased tourism in the country. According to official figures, the north African country is attracting millions of visitors from European countries such as France and Spain. In addition, Morocco was also found to be highly popular among people from the UK, Italy, Germany and the… Read more »

easyJet to Increase Flights to Morocco in 2008

easyJet the budget airline is to announce more flights from Spain to Morocco for 2008. A new batch of flights running between Madrid and Tangiers will start at the beginning of February next year. Lying on the east coast of North Africa, Tangiers, is the second most important industrial centre in Morocco after Casablanca. Although… Read more »

Morocco’s Tourism Boost

Tourism has increased 21 percent in Morocco between 1995 and 2005, according to data from the country’s Commerce, Industry and Services Chamber. The majority of these visitors have come from European nations, mainly France, Spain and the UK. The country is also popular holiday destination with Belgium and the Netherlands. The British airline EasyJet is… Read more »

Morocco recommended to foreign investors

Overseas property investors have been advised to consider invest in Morocco. Due to its affordability and accessibility from the UK, the Sunday Mirror recommended the north African country as a good option for buyers. Regular flights by airlines such as easyJet and Ryanair were said to have opened up the market to visitors, leading to… Read more »

RAK to get new codes and street names

Buildings in emerging emirate Ras Al-Khaimah will soon have a new numbering system, with streets allocated new names in a project announced on Monday by the RAK Municipality. The new project is aimed at making travelling around as easy as possible for the rising numbers of tourists. "With the new numbering and naming systems, reaching… Read more »