COMPANIES
RAK Properties
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Recent Articles
- RAK Properties sees better 2010 on project deliveries26 January 2010
$150m dirham phase of Mina Al Arab project to be handed over in 2010's Q2.
- RAK Properties awards $108m worth of Mina Al Arab deals30 December 2009
Contracts have been awarded to DTC, Al Tameer and AAA Contracting.
- RAK Properties reports $49m profit for first nine months17 October 2009
Ras Al Khaimah developer says its total equity for period amounts to AED3.15bn.
- RAK Properties secures $150m loan6 September 2009
Ras al Khaimah developer says money will be used to 'support and finance' existing projects.
- RAK Properties makes no sales Q1 200923 April 2009
The Abu Dhabi listed company posts a 38.5% fall in first quarter profits.
- RAK Properties delays projects worth $1.1bn21 April 2009
UAE real estate developer shifts focus to affordable housing amid economic downturn.
- UAE's RAK Properties Q4 profit plunges 74%22 February 2009
Ras Al Khaimah-based property developer earns AED50.9m ($13.86m) Q4 profit.
- Abu Dhabi bourse trebles trading performance9 July 2008
Stable and sustainable market helps ADX to achieve huge growth in trading.
- RAK plans Morocco, Egypt and Sudan jobs23 February 2008
RAK Properties plans to expand into Morocco, Egypt and Sudan during 2008, and to other markets later on.
- Mina Al Arab infrastructure complete by end of 200823 February 2008
Darwish Engineering is expected to complete its US $95.3 million (AED350 million) infrastructural contract by the end of the year, allowing construction of precinct four to begin, according to client RAK Properties.
- Bids for Mina Al Arab next month20 February 2008
Ras Al Khaimah-based real estate developer RAK Properties will invite bids for one of the main construction packages on its Mina Al Arab project in March.
- French connections1 December 2007
RAK Properties will be forging closer relationships with French investors following strong interest in the UAE real estate sector at the recent UAE-France Partnership Forum.
- RAK records third-quarter sales boost3 November 2007
RAK Properties has recorded a 229% increase in sales in the third quarter of 2007, compared to the third quarter of 2006.
- RAK after more value27 October 2007
RAK Properties is looking to increase the value of its portfolio of ongoing projects from US $3.3 billion to $8.2 billion by 2012.
- RAK Properties planning $2bn sukuk17 October 2007
Ras Al Khaimah-based developer to sell bonds early next year to finance new projects, CEO says.
- RAK gets attention4 June 2007
Cityscape Abu Dhabi 2007 ended on an upbeat note for RAK Properties, one of the largest property developers in the Northern Emirates, with its Mina Al Arab and Julfar Towers projects attracting local, regional and international investors during the three-day exhibition.
- RAK infrastructure project win for Darwish Engineering31 May 2007
Darwish Engineering Emirates has won a US $92.6 million (AED340 million) contract for infrastructure works on the Mina Al Arab development.
- RAK & Operon sign MOU30 April 2007
Memorandum of Understanding has been signed to form new FM company.
- RAK Properties logs dramatic first year1 February 2007
RAK Properties has announced rich returns in record time nettingĀ first year profitsĀ of AED473 million.
- Al Qudra forms JV with Bin Ladin12 January 2007
Abu Dhabi-based Al Qudra Holding has struck a deal with Saudi Bin Ladin Group to establish a joint investment company.
- Woods Bagot takes RAK job9 December 2006
- RAK due to cool Julfar Towers development30 September 2006
- RAK Properties sees better 2010 on project deliveries26 January 2010