Business

MARJAN ALLIES WITH RAKEZ TO DEVELOP FIRST-CLASS RAK CENTRAL HQ OFFICE COMPLEX.

RAK CENTRAL to gradually attract relocation of key organizations in the Emirates first Grade- A business district. Marjan, the premier developer of freehold properties in Ras Al Khaimah, has entered into a partnership with the Ras Al Khaimah Economic Zone (Rakez) to bring to life the RAK Central HQ Office Complex within the upcoming mixed-use development known as RAK Central. This new office complex,...

Wynn Casino’s development leads to surge in Ras Al Khaimah (RAK) real estate market- Property values are doubling up gradually!

The announcement of the $3.8 billion Wynn Casino, a mega-resort that is set to open in 2027 has significantly impacted Ras Al Khaimah (RAK) by attracting affluent global tourists and boosting the local economy. This ambitious project, revealed in 2022 has already stimulated housing demand particularly in Al Hamra Village a burgeoning community appealing to expatriates seeking lifestyle and...

UK Government fortifies partnership with Ras Al Khaimah (RAK) across key trade and investment sectors.

RAK strengthens its sustainable development and shared growth opportunities strategies. In a significant move to strengthen economic ties, Ras Al Khaimah has signed a growth partnership agreement with the UK Government, focused on enhancing collaboration in trade, industry, and various other sectors such as education and culture. The agreement was recently established in a ceremony attended by...

Exciting announcements at the “Future of Ras Al Khaimah” event highlighted the ambitious vision of RAK!

Future of Ras Al Khaimah Event – Inspired by The Land was held on 1st Nov 2024 in RAK, UAE. The attendees here experienced a transformative journey of RAK as it unveiled its exciting vision for the future. This industry event brought together stakeholders, leaders and innovators for a morning of insights and networking. While the event ran through an inside look of the ambitious developments shaping...

MARJAN ANNOUNCES SIGNIFICANT COLLABORATION OF RAK CENTRAL WITH PANTHEON DEVELOPMENT AT THE “FUTURE OF RAS AL KHAIMAH” EVENT

Ras Al Khaimah, UAE — Marjan, the master developer of freehold land in Ras Al Khaimah, has announced a significant partnership with Pantheon Development through its subsidiary, RAK Central. This significant announcement was made by Arch. Abdulla Al Abdouli, Chief Executive Officer of Marjan during the exclusive event- “Future of Ras Al Khaimah” held on 1st Nov 2024 in Ras Al Khaimah. This...

Ras Al Khaimah (RAK) Embraces Future by Breaking Barriers for Diverse Global Talents

RAK recognizes the transformative power of digital assets and the unique economic growth RAK Digital Asset Oasis (DAO) is a first free zone dedicated to digital and virtual assets in the UAE. It is an innovative set up to transform digital growth in the Emirate and across the country. The UAE's strategic initiatives to bolster its position as a global hub for digital assets are commendable, reflecting...

ARISTOCRAT RECEIEVES FIRST GAMING RELATED VENDOR LICENSE FROM GCGRA IN THE UAE FOR WYNN AL MARJAN CASINO

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...

RAK Properties And Commercial Bank Of Dubai (CBD) Seal AED 2Billion Strategic Finance Deal For Mina Al Arab Development

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...

Dreamcatcher Real Estate Management Achieves Landmark Success with Largest Commission for Secondary Market Sale in Ras Al Khaimah, UAE

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...

WHAT MAKES RAS AL KHAIMAH (RAK) AN INVESTMENT HOTSPOT?

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...

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