Ras Al Khaimah's five ports offer a varied and high-class service in an envious location near the entrance to the Persian Gulf. These factors have seen the emirate's maritime industry thrive amid uncertain global economic conditions.

As of five years ago, Ras Al Khaimah had no private healthcare provider, which was seen to be putting off investors from settling in the emirate. However, RAK Hospital has since filled this gap, and now has its sights firmly set on attracting international medical tourists.

John Brayford, CEO of RAK Airways, explains how Ras Al Khaimah's growing appeal as a tourist destination has given his company the perfect opportunity to expand, albeit at a steady pace.

As high-profile investors turn their attention to the rapidly growing economy of Ras Al Khaimah, the emirate is keen to ensure that it balances this influx of investment with the preservation of its natural landscape.

The world's economic balance is shifting, and sovereign wealth funds are starting to cut their exposure to developed economies and head towards emerging markets. But facing challenges such as limited availability of 'free-float' equity, the move does not come without risk.