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New platform to drive Ras Al Khaimah's economic ambitions

Sunday, 27 June 2021 14:40

By ARN News Staff

Supplied (File photo)

Ras Al Khaimah is taking further measures to boost tourism and foreign investment.

Its newly launched 'SelectRAK' initiative will make it easier for international businesses to operate from the emirate.

The platform will assist eligible foreign investors acquire long-term residency visas as well as a home of their choice in Ras Al Khaimah.

It will also showcase the emirate's diverse tourist attractions, with a focus on 'affordable luxury'.

Ras Al Khaimah Tourism Development Authority (RAK TDA) has rolled out SelectRAK in partnership with the government advisory company Arton Capital.

"This strategic platform will serve as a one-stop-hub for promoting the Emirate, highlighting its tourism attractions to a global audience by underscoring business and investment opportunities, and showcasing a compelling lifestyle as a haven from the bustle of big cities," said Raki Phillips, CEO of RAK TDA.

Last month, RAK TDA announced over 20 sustainable tourism development initiatives worth half a billion dirhams.

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