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,...
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...
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...
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...
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...
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...
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 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...
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...