Saturday 19 April 2014
 
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RAK Properties

RAK Prop to join Earth Hour celebrations

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. The comp

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RAK Properties to distribute $27.2m profit

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

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RAK Properties posts $41m profit

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

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RAK Properties unveils waterfront projects

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

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RAK Prop to launch two new residential projects

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

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RAK Properties posts net profit of $14m in Q2

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

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Reserve in Ras Al Khaimah receives fishes

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

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RAK Prop offers full ownership packages

RAK Properties, the biggest property developer in Ras Al Khaimah, has launched sales packages for customers allowing them full ownership of units in Mina Al Arab and Julfar Towers in the emirate.

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RAK Properties posts $11m Q1 profit

  Ras Al Khaimah’s biggest property developer RAK Properties has registered a net profit of Dh40.1 million ($10.9 million) in the first quarter of 2013.    The net profit amounts to 27.29

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RAK Prop approves 5pc cash dividend

RAK Properties, the biggest property developer in Ras Al Khaimah listed on Abu Dhabi Stock Exchange, said it had approved a cash dividend  equivalent to 5 per cent of the capital to the shareholders. The decision was taken at

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