Saturday 25 February 2017
 
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RAK Properties

RAK Properties 2016 profits up 9.4pc to $48m

Ras Al Khaimah property developer, RAK Properties, has reported net operating profits of Dh175 million ($47.6 million) during 2016, as against Dh160 million in the previous year, marking a 9.38 per cent increase. The developer sta

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Al Hamra unveils new payment plan for luxury properties

UAE-based Al Hamra Real Estate Development (AHRED) has launched a new five-year payment plan on a range of ready-to-move-in luxury properties at its integrated community in the northern emirate of Ras Al Khaimah. Located in the Ne

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Al Nuaimi wins RAK hotel enabling work contract

RAK Properties, the largest property developer in Ras Al Khaimah, UAE, has awarded a Dh30 million ($8.16 million) enabling works contract to Al Nuaimi Group for a 306-room resort coming up within the Mina Al Arab development. The

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Al Nuaimi wins RAK hotel enabling work contract

RAK Properties, the largest property developer in Ras Al Khaimah, UAE, has awarded a Dh30 million ($8.16 million) enabling works contract to Al Nuaimi Group for a 306-room resort coming up within the Mina Al Arab development. The

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InterCon to restart work on 350-room UAE resort

InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, is set to restart work on its 350-room luxury development in Ras Al Khaimah, UAE. The InterContinental Mina Al Arab, the hospitality giant'

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InterCon to restart work on 350-room UAE resort

InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, is set to restart work on its 350-room luxury development in Ras Al Khaimah, UAE. The InterContinental Mina Al Arab, the hospitality giant'

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RAK Properties awards waterfront villa contract

RAK Properties, the biggest property developer in Ras Al Khaimah, UAE, has awarded a contract to the Al Nuaimi Group for building the second phase of its Flamingo Villas project within the Mina Al Arab waterfront development. One

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RAK Properties launches Phase Two of UAE villa project

RAK Properties, one of the biggest property developers listed on the Abu Dhabi Stock Exchange, has announced the launch of the second phase of the Flamingo Villas project being developed as part of the Mina Al Arab community in the UAE emirate o

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RAK Properties awards key marina contract

RAK Properties, one of the biggest property developers listed on the Abu Dhabi Stock Exchange, has awarded a major contract to Majestic Jetties & Marinas for the construction of the first phase of its lifestyle marina at Mina Al Arab in the

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RAK Properties nets $42m profit in 2014

RAK Properties, a leading developer based in Ras Al Khaimah, UAE, has registered a net profit of Dh155.7 million ($42.3 million) in 2014, mainly driven by the sales in the last quarter of the year, said a senior official. One of t

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