The next Dubai? Tiny emirate is luring billionaires and tourists

The next Dubai? Tiny emirate is luring billionaires and tourists
The Rixos Bab Al Bahr all-inclusive luxury beach resort on Al Marjan Island.
Bloomberg
From Ben Bartenstein, Alexander Sazonov and photographer Christopher Pike From the top of the RAK International Corporate Centre, foreign tycoons can catch a glimpse of a city transforming. A long stretch of desert lies toward the north. Luxury villas dot the Persian Gulf coast to the west. A few kilometres away, Las Vegas-based Wynn Resorts is planning a project that it intends to be a US$3.9 billion (NZ$6.1b) gaming resort. This is Ras Al Khaimah, a northern territory of the United Arab Emirates about 45 minutes' drive...

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