RAK Properties attracts high investor interest at the UAE-France Partnership Forum

A delegation from RAK Properties has just returned from participating in the UAE-France Partnership Forum held from 21 to 24 November, 2007 at the Louvre in Paris where the company was part of the official UAE delegation.
At the event, RAK Properties showcased its premier projects; "Mina Al Arab" a 30 million square foot, Dhs10bn waterfront, residential and leisure destination, along with "Julfar Towers" comprising two 43-storey towers, one residential and the other commercial, valued at Dhs500m. It also presented the company's recently launched Dhs300m project, 'RAK Tower' in Al Reem Island in Abu Dhabi.

Commenting on the participation, Mohammad Sultan Al Qadi, Managing Director of RAK Properties, said, "We are incredibly pleased about the level of interest expressed in Ras Al Khaimah. Our participation was part of our ongoing efforts to attract foreign investors to encourage economic growth in the UAE in general and Ras Al Khaimah in particular. We are proud to be part of the official UAE delegation to the forum."

Al Qadi added that RAK Properties participation in prominent international forums highlights the company's position as one of the premier property developers in the region, "RAK Properties is always keen to attend real estate exhibitions as they raise awareness about RAK as a favored location for residents, businesses, and as a vibrant tourist, leisure and shopping destination. We are happy with the progress we achieved in France."

RAK Properties' participation has helped in shedding light on its recently launched projects and future plans, in addition to positioning RAK emirate as a tourism and investment destination in the region.