RAK Properties attracts French investors
Ras Al Khaimah, November 26, 2007
RAK Properties, Ras Al Khaimah’s largest property developer, aims to forge closer relationships with French investors following strong interest in the Emirates real estate sector at the recent UAE-France Partnership Forum.
A delegation from RAK Properties has just returned from participating in the UAE-France Partnership Forum held at the Louvre in Paris where the company was part of the official UAE delegation.
At the event, RAK Properties showcased its premier projects; “Mina Al Arab” a 30-million square foot, Dh10 billion ($2.7 billion) waterfront, residential and leisure destination, along with “Julfar Towers” comprising two 43-storey towers, one residential and the other commercial, valued at Dh500 million.
It also presented the company’s recently launched Dh300 million project, ‘RAK Tower’ in Al Reem Island in Abu Dhabi.
“We are incredibly pleased about the level of interest expressed in Ras Al Khaimah. Our participation was part of our ongoing efforts to attract foreign investors to encourage economic growth in the UAE in general and Ras Al Khaimah in particular. We are proud to be part of the official UAE delegation to the forum,” said managing director, RAK Properties, Mohammad Sultan Al Qadi.
Al Qadi added that RAK Properties participation in prominent international forums highlights the company’s position as one of the premier property developers in the region. – TradeArabia News Service