Rakia creates footprint in publishing with Ras Al Khaimah Today

The new magazine, brought out in partnership with Dubai-based Sterling Publications, publishers of a number of current affairs and business magazines, focuses on various facets of Ras Al Khaimah as an emerging new icon of development.

Making its debut at a time when the publishing industry is in the middle of a crisis in the wake of the global financial meltdown, Ras Al Khaimah Today seeks to spread the message of sustainable development, which is a core theme in the developmental strategy being pursued by the Rak Investment Authority. The new developmental paradigm formulated under the vision of Sheikh Saud bin Saqr Al Qasimi, Crown Prince and Deputy Ruler, has helped the emirate create its own story, at its own pace.

"Considering that sustainable industrial development is at the core of the emirate's real growth, we have reduced our risks and are poised to come out stronger and reinforced from the present crisis. Our achievements in the past three years, with a number of major enterprises already operating and stimulating demand, provide an insight into our developmental model and why we are confident in these times of economic uncertainty,"

said Dr Khater Massaad, Chief Executive Officer of Rakia, while launching the magazine.

Ras Al Khaimah has been recognized by the Financial Times group's FDI magazine as one of the most attractive investment destinations in the Middle East, with Rakia attracting more than $2.2 billion investments from international companies to locate in its free zones and industrial zones.

The Rakia portfolio includes RAK Ceramics, the global leader in ceramics industry, Al Hamra property and hospitality developments and a number of pioneering industrial ventures.