Sunday, 23 November 2008 | 19:38 UAE time
COMPANIES
RAK Properties
- 0.65 Last
- -0.03 (-4.29%) Today's Change
- 5.92m Volume
- 0.66-2.89 52 Week Range
- -1.39 (-68.14%) 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 Feb 2005 | - |
MAJOR SHAREHOLDERS
| Name | Country |
|---|---|
| Al Bateen Investment Company | UAE |
| Al Nahda Investment | UAE |
| Al Tadamon Investment Company | UAE |
| Bond Investment | UAE |
| Capital Investment | UAE |
| Government of Ras Al Khaimah | UAE |
| Jenafco Company | UAE |
| National Bank of Ras Al Khaimah | UAE |
| RAK Investment Authority | UAE |
| Seven Emirates Investment & International Trading Company | UAE |
PORTFOLIO
| Name | Country |
|---|---|
| Polo RAK Amusements Company | UAE |
| RAKEEN Development | UAE |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Mohammed Hassan Omran | Chairman |
| Mubarak Matar Al Hamiri | Vice Chairman |
| Mohammed Sultan Al Qadi | Director |
| Mohammed Bin Thaaloub Al Darie | Director |
| Abdulaziz Abdullah Al Zaabi | Director |
| Abdullah Youssef Al Abdullah | Director |
| Mohammed Ahmad Ruqait | Director |
| Nawaf Ghubash Ahmad Saeed Al Merri | Director |
| MANAGEMENT | Position |
| Mohammed Sultan Al Qadi | Chief Executive Officer & Managing Director |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
- Head of Consumer Lending, Qatar, Qatar
- Finance Manager, UAE, UAE
- Financial Controller, Dubai, UAE
- Senior Accountant, Dubai, UAE
- Senior Equity Trader, 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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