"Abu Dhabi needs to do something about Ras Al Khaimah"

Lawless Sheikh's unbridled acts against foreign nationals seriously undermining Abu Dhabi's efforts to recover economy - Swiss businessman Dr Khater Massaad has had enough.

Khater Massaad, Oussama El Omari, Jihad Kuzmar, Karam Al Sadeq, Johnson George; these men built RAK as an investment hub, and the ruler will never forgive them for it. The government of Ras Al Khaimah, under Sheikh Saud bin Saqr al Qassimi has been waging a relentless campaign against everyone who put the tiny emirate on the map. At a time when economies around the world are contracting and investors are already hesitant to risk their capital in shaky markets, RAK’s growing brushfire of litigation internationally is sending a strong signal that they do not want foreign business. The question is: how long before Sheikh Saud’s problems become the UAE’s problems, and what is Abu Dhabi going to do about it?

Khater Massaad, the one-time “Golden Boy of the Northern Emirates”, the architect of Ras Al Khaimah’s Free Trade Zone and Investment Authority, has been pursued for years by Sheikh Saud in a paranoid campaign of lawsuits and disinformation. Claiming that Massaad, who secured billions of dollars in investment for the backwater emirate of RAK, had embezzled funds and mismanaged the Investment Authority, all because Saud suspected Massaad of sympathising with Saud’s brother, Sheikh Khalid, who was challenging him for the throne.