Sunday, 08 November 2009 | 14:01 UAE time
COMPANIES
RAK Properties
- 0.71 Last
- 0.00 (0.00%) Today's Change
- 9.22m Volume
- 0.44-0.94 52 Week Range
- -0.19 (-21.11%) 52 Week Change
COMPANY DESCRIPTION
RAK Properties was founded with the support of the Ras Al Khaimah government and plays a leading role in the Emirate's development. The company is hoping investors will be attracted by Ras Al Khaimah's geography, with breathtaking mountains on one side and spectacular beaches on the other end, coupled with modern infrastructure. It is also responsible for building schools and leisure centres. Ongoing projects include Mina Al Arab and Julfar Towers, both offering 100% freehold for all nationalities.KEY INFORMATION
Industry
Landlord and Developers
Address
Corniche Al Kawasem Street, 31113, Ras Al Khaimah, UAE
T
971 7 2056200
F
971 7 2272444
E
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 16 February 2005 | - |
MAJOR SHAREHOLDERS
| Name | Country | ||
|---|---|---|---|
| National Bank of Ras Al Khaimah | companies | 0.51 | UAE |
| Al Bateen Investment Company | companies | UAE | |
| RAK Investment Authority | companies | UAE | |
| Al Nahda Investment | companies | UAE | |
| Al Tadamon Investment Company | companies | UAE | |
| Bond Investment | companies | 2.5 | UAE |
| Capital Investment | companies | UAE | |
| Government of Ras Al Khaimah | companies | UAE | |
| Jenafco Company | companies | UAE | |
| Seven Emirates Investment and International Trading Company | companies | 2.5 | UAE |
PORTFOLIO
| Name | Country |
|---|---|
| RAKEEN Development | UAE |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Mohammed Hassan Omran Al Shamsi | Chairman |
| Mohammed Sultan Al Qadi | Director |
| Mohammed Bin Thaaloub Al Darie | Director |
| Abdullah Youssef Al Abdullah | Director |
| Mohammed Ahmad Ruqait | Director |
| Nawaf Ghubash Ahmad Saeed Al Merri | Director |
| Abdulaziz Abdulla Salem Al Zaabi | Director |
| Mubarak Mattar Mubarak Al Humairi | Vice Chairman |
| MANAGEMENT | Position |
| Mohammed Sultan Al Qadi | Chief Executive Officer and Managing Director |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
- Business Analyst, Abu Dhabi, UAE
- Asst to General Manager, Abu Dhabi, UAE
- Office Manager / Secretary, Abu Dhabi, UAE
- Personal Assistant, Qatar, Qatar
- Client Manager, Abu Dhabi, UAE
Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details.
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