RAK Properties

RAK Property's managing director and CEO, Mohammed Sultan Al Qadi, sheds some light on Ras Al Khaimah's waterfront development, Mina Al Arab.

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.

Ras Al Khaimah is trying to compete with Dubai and Abu Dhabi, but in its own inimitable style.

Thousands of property professionals flooded Dubai last month for the world's largest property expo. Arabian Property reports on the real estate mega event that was Cityscape Dubai 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.

Ras Al Khaimah-based developer to sell bonds early next year to finance new projects, CEO says.

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.

Facilities management must be brought in at the design stage if the building is to remain sustainable. This is the joint message Operon Middle East and RAK Properties will be promoting as they join forces and create a new FM company.

Facilities Management remains a fledgling concept in the regional construction industry. But, as Christopher Sell reports, efforts to champion its cause from the early stages of a construction project have led to some major deals being signed in the UAE.

RAK Properties has announced rich returns in record time netting first year profits of AED473 million.

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