A PIVOTAL MOMENT IS ESTABLISHED IN A REGULATED COMMERCIAL GAMING SECTOR WITHIN THE UAE. Australian slot machine manufacturer and supplier Aristocrat has achieved a significant milestone by becoming the first international company in the slot and online gaming technology sector to receive a Gaming-Related Vendor license from the General Commercial Gaming Regulatory Authority (GCGRA) in the United Arab...
The Wynn Al Marjan, set to be the first integrated gaming resort in the United Arab Emirates, remains firmly on schedule for its anticipated opening in the first quarter of 2027. Donald Bremmer, Chief Operating Officer of RAK Hospitality, emphasized in an interview that the project is proceeding as planned, with no indications of delays. This announcement was made during the inaugural Seven Wonders event...
RAK Properties announced a strategic deal with Commercial Bank of Dubai (CBD) to arrange AED 2 billion syndicated facility to accelerate growth in Mina Al Arab. The facility will support RAK Properties’ current and future development projects, including several luxury hotels and residential communities within Mina Al Arab, while also providing essential long-term liquidity to ensure the company’s...
Ras Al Khaimah, UAE –October 7, 2024: Dreamcatcher Real Estate Management, a leading Real Estate firm in Ras Al Khaimah, proudly announces a significant milestone by receiving the largest commission ever recorded for a secondary market sale, valued at hundreds of thousands of dirhams. This achievement marks a new chapter in the company’s growth, underscoring its expertise in handling high-value...
Residents will enjoy quick access to the Wynn Casino through its Private Yacht Jetty. Ellington Properties a Dubai based developer has announced the launch of Playa Del Sol, its second residential project on Al Marjan Island and fourth in Ras Al Khaimah. Led by Robert Booth the Managing Director of Ellington Properties who oversaw the development of the iconic Burj Khalifa, has become renowned for its...
Kleindienst Group and RAK Ports have entered into an agreement to develop worlds 1st underwater living experience in Ras Al Khaimah. The Heart of Europe’s famed sea house villas are now coming to Ras Al Khaimah. A total of 133 such villas are part of the latest phase of the project of which 70 are located off the coast of Dubai and 63 will soon be built in RAK Free Zone. While the original seahorses...
In recent years, the UAE real estate market has witnessed significant shifts as developers seek new growth opportunities beyond Dubai’s increasingly mature market. One area that has rapidly emerged as a potential gamechanger is Ras Al Khaimah’s stunning Al Marjan Island. With its stunning natural landscapes and growing business environment, RAK offers unique advantages for investment. Global...
Africa/UAE Business Summit is a platform that focusses on bridging the gap between Africa and UAE in creating a sustainable business ecosystem for entrepreneurs in both the countries. It aims to educate, inspire and inform startups and established business entrepreneurs to create a multifold business opportunity by leveraging each other’s strengths. This platform hosts weekly webinars and initiates...
Ras Al Khaimah, the Northern Emirate of UAE is becoming a magnet for global investors due to its ideal location, favorable property prices and high ROI. The Emirate aims to offer more value to the prospect investors/customers as compared to other off plan projects across UAE. Industry master developers like Marjan, RAK Properties, DAMAC, EMAAR, ALDAR, Al Hamra have been developing magnificent off plan...
WHAT IS A BRANDED RESIDENCE? Branded residences are born out of a collaboration between developers and well-established brands. This collaboration includes both the design and management of the properties. In essence, developers are allowed to promote and sell these properties using the brand’s easily-recognized trademark, and in return, the brands receive royalty fees. What sets branded...