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Ras Alkhaimah مجلــة أعمــال رأس اخليمــة PUBLISHED BY RAK DED | ISSUE 1, JANUARY 2018 EASY WAY TO ESTABLISH YOUR OWN COMPANY REASONS TO 10 INVEST IN RAS ALKHAIMAH VAT DEFINITION, MECHANISMS AND CONTROLS KLUDI RAK RANKS THE FIRST IN UAE AND GULF ALHAMMADI RAK ADOPT THE BEST OF SUSTAINABLE DEVELOPMENT PRIVATE SECURITY PROTECTS YOUR INVESTMENTS SEHTEQ RAS ALKHAIMAH INSURANCE PACKAGES AT COMPETITIVE DESTINATION BEYOND A JOURNEY PRICES A WORD UAE Centennial 2071 ... Wills up the clouds The Government of the UAE has launched the “UAE Centennial 2071”, an ambitious project to build emirates of the future and equip the UAE for future generations. The project is a comprehensive and extensive government program that includes the de- velopment of a national strategy to enhance the country’s reputation and soft power, and ensure that there are diverse sources of government revenue away from oil, in addition to the investment in advanced technology-focused education and build a system of Emirati ethical values for future generations, Raising productivity in the national economy and enhancing the community cohesion. As His Highness Sheikh Mohammed Bin Rashid Al Maktoum said: “We have plans until 2021, and with the centennial of the UAE we will have a five-decade vision for generations forming a clear map of long-term government operation, and the future generations will need potentials we lay down from today, foundations we raise from now, and an environment for growth to be thought of from this moment on. Supervision Sh. Mohamed bin Kayed Al Qasimi T he vision did not leave anything to chance. The eminent nations are not left to chance, but to the diligent and sincere science that is planned with the children’s Chief in Editors Dr. Abdulrahman Alshayeb AlNaqbi arms and with the ability to believe that progress must be preceded by knowledge and knowledge has an axis in this centennial. Skeptics may see it as a surrealistic pro- Managing Editor Aisha Obaid Alayyan ject, but our leadership has always taught us that our dreams are achieved by working with proper planning and mobilizing the resources of the nation to guide them to Editors Dr. Abdel Halim Moheisen the service of human happiness and well-being, So that future generations will live Maryam Haji Mohammed a happier life in a better environment with greater opportunities and stronger and more effective communication with the world, as His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces EDITORIAL AND DESIGN In order to prove that Ambition is not achieved by dreams but by action, the UAE advances every day in the global competitiveness indicators and the business envi- ronment to match business with dreams, With the UAE ranking first in the region and 16th globally, maintaining its top position in the top 20 competitive economies NewGeneratioN worldwide in the latest edition of the 2017 Global Competitiveness Report, And has MEDIA received advanced rankings that have been included in the top ten in the world in Khawla Ibrahim three of the main axes in the report, and one of the top twenty globally in half of these Zainab Shieha axes, it also ranked third in the world in terms of efficiency of the commodity market, Badr Helmy which is a global indication of the success of the policy of economic diversification Ahmed AlAlhassan in the country and the clarity of visions and strategic plans on the performance and Maher SafyeldiN efficiency of the business market, in terms of infrastructure, the UAE ranked first in the road quality index and second in the index of Quality of Airport and Air Transport CONTACTS AND ADVERTISING Infrastructure, it also ranked third in the world in both the Quality of Port Infrastruc- 050 899 5669 ture Quality Index and other indicators. There is much to be told about a story of a nation whose main aim of its leadership +971 7 222 999 5 is human happiness. [email protected] Dr Abdulrahman Alshayeb Al Naqbi DED Director-general DEPARTMENT OF ECONOMIC DEVELOPMENT W www.ded.rak.ae E [email protected] RAKDED_AE Vision: Strategic Goals: Organizational Values: Pioneer in the performance to build a competitiveness and Facilitate and improve Licensing and permitting procedures. Excellence: We are keen to providing value-added services to meet the needs of the customers. sustainable economy. ֺ .ֺ Contribute to building a balanced and diversified knowl- Responsibility: We commit to perform our responsibilities toward the customers and the community Mission: edge-based economy. Respect: We treat our employees, our customers and our partners with immense care and mutual To regulate, monitor, support and promote the economic respect. .ֺ Enhance business monitoring and consumer protection a ctivity in order to boost competitiveness, creativity and Transparency: We believe in clear and explicit communication with our customers, partners, employees Build the ties that bind the relationships between DED and the .stimulate comprehensive and sustainable economic devel- ֺ and suppliers opment, embracing transparency and mutual respect in the relevant authorities. Collaboration: We value the partnerships and cooperative relations with our employees and the relevant .way we deal with our partners, and relying on qualified na- ֺ Improve the efficiency of the organizational support services and authorities tional cadres and efficient systems and techniques.economy. consolidate the organizational values. Creativity & Innovation: We provide a creativity & innovation stimulating environment.w 12 AHMED ALHAMADI... RAK ADOPT BEST PRACTICES OF SUSTAINABLE DEVELOPMENT 16 RAKEZ... A PROMISING AND ATTRACTIVE ENVIRONMENT FOR INTERNATIONAL INVESTORS Where else could you enjoy five star dining under a sky full of stars? CONTENTS ISSUE 1, JAN. 2018 38 WORLD OF ROBOTS... IS INVENTION SUPERIOR TO INVENTOR 42 RAS AL KHAIMAH BEGINS NEW YEAR WITH A WORLD RECORD 07 20 43 MY CITY CENTRE... 10 REASON.. RAK DCA ... Progress is parallel to the 07 Now In RAK 20 Why to Invest in Ras Al Khaimah 28 tourism and economic development in ras al khaimah 08 SEHATEQ... 22 KLUDI RAK 30 VAT ... Definition, and application Insurance packages at competitive prices Ranks first in the UAE market sales mechanisms and controls RAK SME ... Promotes quality and innovative SAEED AL-SHAMSI RAS AL KHAIMAH www.raktda.com 18 projects for entrepreneurs 24 Private Security Protects You Investment 43 Begins New Year with a world record Only 45 minutes from Dubai International Airport Ritz Carlton Al Wadi Desert, Ras Al Khaimah NEWS ECONOMIC MY CITY CENTRE... NOW IN RAK ــــــــــــــــــــــــــــــ PANORAMA Majid Al Futtaim recently opened My NEWS | 06 City Centre Al Dhait to meet the every- RAK DED | 08 day dining, lifestyle and retail needs SPOTLIGHT | 12 of Ras Al Khaimah’s fastest-growing communities. Today’s inauguration marks Majid Al Futtaim’s first investment in a community and convenience focused retail and services destination for this emirate’s residents and tourists. My City Centre Al Dhait is Majid Al Futtaim’s third My City Centre mall in the UAE, a neighbourhood shopping and dining destination created specif- ically for nearby residential and com- mercial communities. Easily accessible due to its proximity to Mohammed Bin Zayed Road, My Khalid Abu Nasrah, Robert Welanetz, Fuad Mansoor Sharaf, Ghaith Shocair, Ali Alabdulla, Khalid al Obaidli, Maryam Ahli and Hamad Al Lawati City Centre Al Dhait offers a vast array of household goods, including fresh produce and bakery items from Carre- four Market. The opening of My City Centre Al Dhait AED 68.5 million mall, reinforces Majid Al Futtaim’s commit- which has a gross leasable ment made in 2016 to increase invest- area of 5,494 square me- ments in the UAE by AED 30 billion by tres, houses more than 30 2026, taking its total investments in regional and international the UAE to AED 48 billion. lifestyle brands Mr. Adil Al Zaroon and Dr. Raza Siddiqui RAK WELCOMES ITS FIRST-EVER FERTILITY CLINIC ـــــــــــــــــــــــــــــــــ RAKDED HONORS ITS STRATEGIC PARTNERS Residents of Ras Al Khaimah will now have access to com- ,prehensive fertility services as Bourn Hall Fertility Centre ـــــــــــــــــــــــــــــــــ RAKDED held its annual strategic partners’ confer- man Al-Naqbi, Director General of the Department Mark Chapleski, Troon President and Benoy Kurien, Al Hamra Group General Manager Dubai, a company of Bourn Hall International, and RAK ence for 2017, and all those who contributed of the expressed his appreciation for their sincere efforts STRATEGIC PARTNERSHIP Hospital partner to launch the first fertility clinic in the Emirate. The collaboration ensures top-of-the-line IVF con- ـــــــــــــــــــــــــــــــــ services and initiatives of the Department were hon- and cooperation, which helped drive development ored and enhanced the strategic objectives RAKDED and excellence in the Emirate of Ras Al Khaimah, Ras Al Khaimah’s (RAK) leading real estate company, Al Hamra Group, sultancy and intervention at the doorstep of RAK residents, and the best services provided to the client and the pointing out that honoring the partners by the end has partnered with Troon International, the leader in upscale golf course who were earlier travelling to other emirates for fertility community during the current year. The number of of each year is part of the strategic role of the strate- management, development and marketing, to provide full management treatments. The clinic primarily provides IVF consultation, honored partners was 67 partners in different cat- gic partners and their contribution to achieving the services to Al Hamra Golf Club, strengthening the visibility of the destina- along with the medical management of genetic disorders, egories including local partners, federations, sup- achievements of the department and its objectives tion and providing RAK with an internationally acclaimed golf operator. such as genetic screening to avoid hereditary diseases.
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