The government of Ras Al Khaimah on Wednesday marked 10 years since the appointment of Sheikh Saud bin Saqr as Ruler of the emirate and member of the UAE’s Supreme Council, the country’s highest federal authority.
Sheikh Saud bin Saqr became Crown Prince and deputy ruler in 2003.
In the decade that followed, the population more than doubled to 438,000 and its geography has been transformed.
Working closely with the federal government, the emirate completed large scale infrastructure projects, including thousands of homes for citizens and investment in roads, electricity and water supply to meet the demands of a quickly growing population.
Residential projects included the construction of the coastal Mina Al Arab and the expansion of the gated Al Hamra Village, which is home to 10,000 residents.
Additionally, two new sprawling desert suburbs, Mohamed bin Zayed City and Khalifa bin Zayed City, provided thousands of homes for Emiratis.
The emirate’s GDP grew to Dh35.1 billion by 2016, after rising between five to seven per cent annually from 2011.
Sheikh Saud guided the emirate through these changes.
Manufacturing remains Ras Al Khaimah’s largest economic sector, contributing to about a third of its GDP. In the past decade, its two largest quarries, Stevin Rock and RAK Rock, expanded their annual output from 48 million tonnes to about 80 million tonnes.
To attract entrepreneurs, the emirate’s two free zones merged in 2017 as RAK Economic Zone, which hosts 15,000 businesses.
The emirate has sought to capitalise on its natural beauty by developing its tourism sector. Visitors increased from 390,000 in 2011 to more than a million in 2019 amid the opening of new tourist sites, including the man-made Marjan Island archipelago on the south coast.
The long anticipated completion of the 20-kilometre Jebel Jais road opened up Ras Al Khaimah’s mountains and wadis as a destination for outdoor sports.
The final section of the Dh90 million RAK Ring Road, a 30-km bypass that connects the E311 to communities and quarries north of the city, is expected to open soon.
Born on February 10, 1956, Sheikh Saud was the fourth son of Sheikh Saqr and is married to Sheikha Hana, the daughter of a prominent Emirati businessman, Juma Al Majid.
Prior to becoming Ruler, he set up a number of local companies, including RAK Ceramics.
His son, Sheikh Mohammed, succeeded him as Crown Prince.
His father, the late Sheikh Saqr bin Mohammed, was a founding father of the UAE and ruled Ras Al Khaimah for 62 years.
His greatest legacy was education for men and women and, from the 1950s, he appealed to Arab states such as Kuwait and Egypt to send teachers and develop some of the first modern schools in the Trucial States.
When Ras Al Khaimah joined the UAE in January 1972, many of the country’s first ministers and leaders were drawn from the emirate’s educated population.
Tuesday was the 10th anniversary of Sheikh Saqr’s death.
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Killing of Qassem Suleimani
Tips for used car buyers
- Choose cars with GCC specifications
- Get a service history for cars less than five years old
- Don’t go cheap on the inspection
- Check for oil leaks
- Do a Google search on the standard problems for your car model
- Do your due diligence. Get a transfer of ownership done at an official RTA centre
- Check the vehicle’s condition. You don’t want to buy a car that’s a good deal but ends up costing you Dh10,000 in repairs every month
- Validate warranty and service contracts with the relevant agency and and make sure they are valid when ownership is transferred
- If you are planning to sell the car soon, buy one with a good resale value. The two most popular cars in the UAE are black or white in colour and other colours are harder to sell
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-2 C Morikawa (US), M Laird (Sco), C Tringale (US)
Selected others: -1 P Casey (Eng), R Fowler (US), T Hatton (Eng)
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1 L Westwood (Eng), J Spieth (US)
3 R McIlroy (NI)
4 D Johnson (US)
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Dobromir Radichkov, chief data officer at dubizzle and Bayut, offers a few tips for UAE residents looking to earn some cash from pre-loved items.
- Sellers should focus on providing high-quality used goods at attractive prices to buyers.
- It’s important to use clear and appealing photos, with catchy titles and detailed descriptions to capture the attention of prospective buyers.
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A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
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