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Sat 27 Oct 2007 04:00 AM

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RAK after more value

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 is looking to increase the value of its portfolio of ongoing projects from US $3.3 billion to $8.2 billion by 2012.

Its biggest venture is the $2.7 billion Mina Al Arab, which was launched last year. At last week's Cityscape, the firm unveiled the $81.6 million RAK Tower on Abu Dhabi's Al Reem Island, which will have 43 storeys.

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