http://www.rakinfo.ae/ Current news related to Ras Al Kaimah. 21 Jul 2010 15:21:36 GMT http://in.reuters.com/article/idINLDE66J1WE20100720?feedType=RSS&feedName=everything&virtualBrandChannel=11709 21 July 2010 Reuters - The UAE emirate of Ras Al Khaimah's sovereign wealth fund plans an initial public offering for its port of Poti project in Georgia for 2011, its chief executive officer said on Tuesday. Without giving a specific date, Khater Massaad, CEO, Ras Al Khaimah Investment Authority (RAKIA), said: "We will go for an IPO definitely in 2011." http://www.bloomberg.com/news/2010-07-21/u-a-e-s-ras-al-khaimah-seeks-foreign-investors-to-boost-economic-growth.html Bloomberg July 21 2010 -Ras al Khaimah, the United Arab Emirates sheikhdom, is seeking foreign investors to finance businesses, property and tourism ventures to spur economic growth. The Ras al Khaimah Investment Authority is in talks with companies from the U.S., Germany, France, Italy, India and Pakistan to bring new ventures to the emirate, Khater Massaad, chief executive of the state-run fund, said in an e-mailed statement yesterday. http://gulfnews.com/business/economy/ras-al-khaimah-means-business-1.658211 Gulf News July 21 2010 - Ras Al Khaimah: The Ras Al Khaimah Investment Authority (Rakia) said it intends to extend the emirate's stable growth path of the past couple of years by attracting more investment into its free zones. Created in 2005, the authority has been tasked to contribute heavily to the emirate's development. http://economictimes.indiatimes.com/markets/real-estate/news-/Realty-firm-RAK-plans-mega-project-in-UAE/articleshow/6197234.cms The Economic Times July 21 2010 - HYDERABAD: Ras-Al-Khaimah (RAK), a public joint stock firm and realty developer, plans to come up with 1,000 villas and town houses in United Arab Emirates (UAE). Talking to media persons here on Wednesday L K Varma, Managing Director of Orange Real Estate, partner in the multi- billion project, and Ralph Chkaibane, Director of Sales RAK Properties, said the housing units would cost between Rs 2.75 crore and Rs 5.50 crore. http://www1.albawaba.com/en/print/news/ras-al-khaimah-outlines-growth-roadmap-boost-economic-integration-and-lifestyle-offerings AL BAWABA July 20th, 2010 - RAKIA attracts over 6,500 businesses from all over the world in just under five years. The Ras Al Khaimah Government has recently announced that it has achieved significant success in its efforts to launch socioeconomic programs that promote economic sustainability, enhance the quality of life, and preserve the emirate's abundant natural and archaeological attractions. During a press conference held today (Tuesday, July 20, 2010), Dr. Khater Massaad, CEO, RAKIA, outlined a growth roadmap to boost the economic integration and lifestyle offerings of RAKIA, RAK Ceramics and Al Hamra Village in order to achieve the long term socio-economic goals within the emirate. The Crown Prince and Deputy Ruler of Ras Al Khaimah, Sheikh Saud Bin Saqr Al Qasimi, has been widely recognised as the architect of the emirate's new direction towards a more diversified economy. Under H.H. Sheikh Saud's leadership, the emirate's GDP, which now stands at USD 4.30 billion, achieved a remarkable average growth of 14 per cent per year from 2004 to 2008, and 9 per cent in 2009. http://www.thenational.ae/apps/pbcs.dll/article?AID=/20100722/OPINION/707219924/ The National July 21 2010 - This is in reference to the articles House becomes like an earthquake and Traditional life in RAK choked by dust of factories (July 9), regarding the complaints by some residents of Khor Khwair and Ghalilah in Ras Al Khaimah about the adverse effects of noise, dust and emissions from the quarries and crushers, factories and industrial traffic on the local population. The local Environmental Authority, EPDA, has been regularly monitoring and regulating the activities of these quarries and crushers to ensure that the local environment is healthy and free of pollution.