The Middle East’s
8. Raki Phillips
Designation: CEO
Company: Ras Al Khaimah Tourism Development Authority (RAKTDA)
Established: 2011
Headquarters: U.A.E.
In May 2024, RAKTDA, the Ras Al Khaimah Transport Authority, and Skyports signed an MoU to collaboratively design, develop, and operate Ras Al Khaimah’s first electric vertical take-off and landing air taxi ecosystem, with commercial operations set to commence by 2027. In January 2024, RAKTDA supported the Barjeel Green Building Regulations, launched by RAK Municipality, a flagship initiative under the RAK Energy Efficiency and Renewable Energy Strategy 2040, which aims to save electricity consumption and water consumption by at least 30% and 20%, respectively. Ras Al Khaimah achieved a 29% reduction in greenhouse gas emissions in 2023 compared to 2022.