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Friday, November 27 - 2009

RAK Properties to showcase urban development initiatives at Ecrex

  • United Arab Emirates: Tuesday, April 17 - 2007 at 16:03
  • PRESS RELEASE

RAK Properties PJSC, the premier real estate company in the emirate will be sponsoring and participating in the Real Estate and Engineering Consultation Exhibition (RAK Ecrex) that will be held under the patronage of His Highness Sheikh Saud Bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of RAK at the RAK Exhibitions Centre from April 18 to 21, 2007.

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  • Mohammed Sultan Al Qadi, Managing Director of RAK Properties.
    Mohammed Sultan Al Qadi, Managing Director of RAK Properties.
The sponsorship and participation is part of the ongoing efforts by RAK Properties to promote property development in Ras Al Khaimah and demonstrate the huge potential of the real estate sector in the emirate.

The conference is organised by Electro Med with the objective of holding an international forum that would facilitate interaction between investors, real estate owners and private companies and updating them on urban development as well as the fast growing construction sector in RAK.

RAK Ecrex will feature engineering consultancy firms, real estate companies, real estate investment companies, commercial brokerage firms and construction companies.

Commenting on the event, Mohammed Sultan Al Qadi, Managing Director of RAK Properties said

"RAK has witnessed remarkable urban development in the past two years, attracting the biggest companies specialized in urban projects and real estate investment to the emirate. It is indeed a privilege to be able to support this growth by sharing our success with stakeholders and visitors and show them what Ras Al Khaimah is capable of achieving."


The event will also bring together companies participating in the fast expanding construction sector in Ras Al Khaimah and provide information on the latest techniques in engineering and construction designs available in the country.

RAK Properties will showcase Julfar Towers, the AED500 million, twin 43-storey office-cum-residential project, along with Mina Al Arab, an AED10 billion mixed use project spread over an area of 35 million sq. feet, at the event. Both the projects were launched last year. RAK Properties will also offer units in both the projects for sale at the exhibition.
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Notes and media contacts

RAK Properties, a Public Joint Stock Company listed on the Abu Dhabi Securities Market, is a real estate development company that operates in a sector that is enjoying an economic boom. It has been established to implement the emirate's plans to promote real estate, tourism and leisure facilities in RAK and invest in interesting projects. It is intended that its activities will encourage economic growth in the UAE in general and Ras Al Khaimah in particular. The company launched its first project, Julfar Towers - a 43-storey twin office and residential project estimated to cost AED500 million - in February 2006 followed by Mina Al Arab - spread over 30 million sq. feet - at a cost of AED 10 Billion in May 2006.

For further information, please contact:
Lina Anani / Sami Al Shorafa
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in Middle East and North Africa
Dubai, UAE
Tel: +971 4 3344550
Fax: +971 4 3344556

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