Wednesday 22 May 2013
 
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RAK Properties

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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RAK Properties’ net profit surges 35.6pc

RAK Properties, the biggest property developer in Ras Al Khaimah, has registered a 35.6 per cent jump in its net profit which hit Dh147 million ($40 million), compared to Dh108.4 million the year before. A leading UAE developer, R

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RAK Properties chief wins Forbes CEO award

Mohamed Sultan Al Qadi, MD & CEO of RAK Properties, was presented with the Forbes Middle East CEO award which recognizes the performance of the region's leading CEOs over the past five years. The awards ceremony was hosted in At

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RAK Properties positive of real estate upswing

Ras Al Khaimah’s property sector has registered significant growth defying the regional downturn, and RAK Properties is upbeat on the real estate industry, according to Mohamed Sultan Al Qadi, RAK’s managing director & CEO.

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RAK Prop in deal to open retail outlets

RAK Properties, the biggest property developer in Ras Al Khaimah, has entered into a strategic agreement with Choithrams, a leading retail company to develop two flagship retail outlets in Mina Al Arab and Julfar Towers. This late

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RAK Properties, Colliers in retail development deal

RAK Properties, Ras Al Khaimah’s leading property developer, has commissioned Colliers International, a major real estate services firm, to manage the retail development consultancy for its complexes at Julphar Towers and Mina Al Arab. The

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RAK Properties posts $29m net profit

RAK Properties, Ras Al Khaimah’s biggest property developer listed on Abu Dhabi Stock Exchange, has registered a net profit of Dh108.4 million ($29.5 million) for 2011. Announced its full-year financial results, RAK Properties said its pro

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GLIS completes RAK landscaping contract

Gulf Landscape and Irrigation Systems (GLIS) has announced the completion of the Dh33 million ($8.9 million) contract for the landscaping of Precinct 5 at the Mina Al Arab waterfront project in Ras Al Khaimah. A leading landscaping company

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