<!-- wp:paragraph --> <p>In the period between the fourth quarter of 2023 and the fourth quarter of 2024, the consumer price index for the Emirate of Ras Al Khaimah increased by 0.6%, from 105.3 to 106.0</p> <!-- /wp:paragraph -->

<!-- wp:paragraph --> <p>Ras Al Khaimah welcomed 351,000 hotel guests in the Fourth quarter of 2024, according to data from the Ras Al Khaimah Statistics Center obtained through the Ras Al Khaimah Tourism Development Authority database. The data showed that the Emirate’s hotels recorded occupancy rates of 73% in the Fourth quarter of this year, while the average hotel stay for guests recorded about 3.6 nights per guest. It is worth noting that UAE nationals accounted for the largest share of guests at 37% and an estimated 131,000 guests, in terms of other nationalities, Russia ranked first with 18%, followed by India and United Kingdom with 8% and 5% respectively. According to the data, the number of guest nights reached 1.3 million nights a increase of 22% compared to the previous quarter, and an increase of 12% compared to the same quarter of the previous year, 2023.</p> <!-- /wp:paragraph -->

<!-- wp:paragraph --> <p>The trade balance had a surplus of 1,425 million dirhams in the fourth quarter of 2024, decreasing by 42% compared with the same quarter of the previous year, and decreasing by 9% compared to the previous quarter (third quarter) of 2024. Total imports amounted to 3,647 million dirhams in the fourth quarter of 2024, increasing by 53% compared to the same period in the previous year, and an increase by approximately 14%, compared to the previous quarter (third quarter) of 2024. The total exports in the fourth quarter of 2024 amounted to approximately 5,072 million dirhams. Increased by 5% compared to the fourth quarter of 2023 and increased by 7% compared to the third quarter of 2024.</p> <!-- /wp:paragraph --><!-- wp:paragraph --> <p></p> <!-- /wp:paragraph -->