Ras Al Khaimah's RAK Properties, a leading real estate developer, has reported net profits worth Dh52 million ($139.35 million) during the first half (H1) of the year, marking a slight increase from the Dh51 million posted in H1 2013.
RAK Properties, a major property developer in Ras Al Khaimah, is set to host an Open House day on June 14 at the Waldorf Astoria RAK as part of the launch of the company’s new Bermuda Villas project.
The new offerings are pa
RAK Properties, Ras Al Khaimah's (RAK) biggest property developer listed on the Abu Dhabi Stock Exchange, held groundbreaking ceremony recently for its landmark development project, Flamingo Villas.
RAK Properties recently awa
RAK Properties, the biggest property developer in Ras Al Khaimah, has called upon the residents of its local communities to switch off their lights tonight (March 29, 2014) to mark this year’s edition of Earth Hour.
RAK Properties, the leading property developer in Ras Al Khaimah, has announced plans to distribute 5 per cent or up to Dh100 million ($27.2 million) from last year's profit to its shareholders.
At the AGM, the RAK prope
RAK Properties, the leading property developer in Ras Al Khaimah, has posted a net profit of Dh151 million ($41 million) for 2013, when compared to Dh147 million the year before.
Lauding the results, managing director and CEO Moha
RAK Properties has launched two new flagship projects - ‘Flamingo Villas’ and ‘Lagoon Heights - on the opening day of Cityscape Global 2013 real estate expo on Tuesday.
The Dh400 million ($109 million) projects o
RAK Properties has announced plans to launch two new iconic projects at an investment of Dh400 million ($109 million) on the first day of Cityscape Global expo in Dubai.
Ras Al Khaimah’s biggest property developer listed on
RAK Properties, a Ras Al Khaimah-based property developer, has earned a net profit of Dh51.10 million ($13.9) in the second quarter (Q2) of this year.
The financial results were announced following the meeting of the board held on
A delegation from UAE-based Environment Protection and Development Authority (EPDA) released 9,600 ‘silver seabream’ and 1,000 ‘hamour’ fishes into the Mina Al Arab Reserve in Ras Al Khaimah.
The reserve in