Ras Al Khaimah Shiftting from Industries To Tourism Sector

Online, April 14, 2013 (Newswire.com) - In the past few years, as the United Arab Emirates bounce back from the global credit crunch, it has been making a push to reinvent itself (its official slogan is "the rising emirate") from a dusty northern outpost to a business and leisure hub more affordable than its glittery neighbors

The Ras Al Khaimah Government Debt management has improved and debt has fallen since 2009, when a heavy investment programmed as well as support for SOEs in the wake of the Dubai crisis caused debt to peak at 31% of GDP. Debt is now largely centralized and the government compiles quarterly financial statements for the overall public sector. Although sovereigns usually report at the central or general government level, for RAK, where SOE revenues and performance are crucial to fiscal and economic development, this provides assurance that SOEs are well managed and will not over borrow.

In any government institution there is suspicions of corruption, we can say that success is accompanied by some impurities but failure is full of impurities, but at any degree become success is a synonymous with failure?

Many reports by official media and informal media for the emirate of Ras Al Khaimah, which has become the cornerstone and a springboard for many of the events that can not be drawn roadmap form Ascending once form a curve again but they all revolve around the center and one is in power, who hit dispersion Despite his intelligence and the median Vea

Ras al-Khaimah launched the strongest industries in the Arab World and Ras Al Khaimah ruled by the eldest ruler in the world , also conflict between brothers on power, including the gateway to Iran, including also launched an invitation reform which represented by 80% from the sons of Ras Al Khaimah of its organizational structure and who tried now for overthrow of the government in the emirate of Ras Al Khaimah and last but not least the largest tourism projects for the year 2012 Royal Resort Real Madrid.

Jim Stewart The CEO of Investment and Development Office at RAK Governments said that ' In terms of revenue, less than 20% of the government's income is generated from other emirates. The majority of revenue is created in RAK itself and the proximity to other markets such as India and the wider GCC means that income sources are diverse. However, the emirate obviously benefits greatly from the infrastructure and services support which is provided by the federal government, and the proximity to our prosperous neighbors' has a positive effect.

Overall, RAK enjoys an excellent platform for success due to being part of the UAE and having a favorable location. The extent to which that platform can be built upon, and the associated risks and rewards, are largely limited to the emirate's own efforts.

At the beginning of the year 2013 the began of votes to demand changes through the means of social communication not those screaming or calling for international organizations to intervene, but they are demanding the current ruler of Ras Al Khaimah and his Crown Prince and also the ruling exiled by causing changes to the tuft at the end of the year 2012, the business community and the economy in the emirate of Ras Al Khaimah is doomed to remain in the grip of British governor works from the government offices in Ras Al Khaimah, the one who introduce more than 30 expatriates in occupations citizens can do, who also has neutralizing many of the men of the emirate with much of their office and stripped of their powers

Free zones in Ras Al Khaimah, which won many awards in the last five years, is suffering from infertility and it was the biggest claims to be updated and strengthened leadership of a young citizen , Twitter shows those claims been started from highly prestigious citizens of Ras Al Khaimah

The police, judiciary and Immigration Administration in this emirate has suffered a bigger blow not seen since its inception by the death of Iraqi at the hands of her husband, who turned himself to the capital Abu Dhabi Police and uncovered several papers and correspondence which led to take many decisions strict right leaders this agencies operating in Ras Al Khaimah

Unethical Abuses remain ongoing where the emirate of Ras Al Khaimah is breeding ground for many of the Forbidden dubious relationships and also the emergence of gay dramatically and all that is under the concept of tourism millions that reached the emirate in the past year

What occupies thinking is the issue of Brotherhood Cell which tried out more than 94 people and has intervened many global organizations to ensure a fair trial for those who are headed by the cousin ruler of Ras Al Khaimah and this shows on the ground fertile in Ras Al Khaimah and increase the rate of extremist ideology

There is no constitute about Iran no threat to the emirate of Ras Al Khaimah unlike the capital Abu Dhabi and Fujairah . Ras Al Khaimah is linked to many of the energy projects and infrastructure, import and export with a private local companies such as petroleum Ras Al Khaimah and gas company Ras Al Khaimah, which constitute the contribution of the Iranian government by more than 50%.