Innovation City, the UAE’s premier AI-powered free zone in Ras Al Khaimah, has launched what is claimed to be the world’s first blockchain-based digital business identity system.
Hira Industries, a global manufacturer and supplier serving the construction sector since 1980, has expanded its operations at Ras Al Khaimah Economic Zone (Rakez) with the addition of a new factory and warehouse facility at Al Ghail Industrial Zone.
UAE-based Almal Real Estate Development has announced that nearly 23% of the construction work has been completed on its $400 million prime project in Ras Al Khaimah - The Unexpected Al Marjan Island Hotel & Residences - and is on track for handover in 2027.
Ras Al Khaimah is pushing ahead with its ambitious projects that meet the highest standards of quality and sustainability in a bid to cement its status as a leading global destination for investment, tourism and quality living, said its Crown Prince after reviewing the projects in Mina Al Arab area.
Dubai Investments said its real estate subsidiary Dubai Investment Real Estate (DIR) has achieved a major milestone at its flagship Danah Bay development on Al Marjan Island, Ras Al Khaimah, by clocking 2 million safe working man-hours without a Lost Time Injury (LTI) across the residential and hotel towers.
UAE-based Durar Group has appointed Ali & Sons as the main contractor for its flagship branded residential development - Moonstone Interiors by Missoni - on Al Marjan Island in Ras Al Khaimah. A premium development, it features 226 sea-facing residences along with key amenities.
The northern emirate of Ras Al Khaimah has secured AED12.4 billion ($3.37 billion) worth of sales across 6,600 residential property transactions in 2025, with the off-plan segment accounting for 85% of deals, said a real estate expert, adding a total of 8,400 new homes are in the RAk property pipeline until 2028.
UAE developer Elevate has announced that it has awarded the piling and foundation works package for its premium development in Ras Al Khaimah - Mondrian Al Marjan Island Beach Residences - being set up at a total investment of AED1.8 billion ($490 million).
Synergy Consulting, a major financial advisory services company, has announced that it is playing a vital role as financial advisor to a consortium comprising Etihad Water and Electricity, Taqa Water Solutions and Saur International for a key sewage plant in Ras Al Khaimah with a 60,000 cu m/day capacity.
Wynn Resorts has said that construction work on the Wynn Al Marjan Island, its resort under development in Ras Al Khaimah, UAE, has resumed following a short pause.