Mr. Mohammed sultan Al Qadi, MD & Chief Executive Officer of RAK Properties said that the company would be able, through this agreement, to supply water & electricity to the Mina Al Arab project.
Mr. Al Qadi mentioned that the agreement will help the end-user to have a regular and un-interrupted supply of water and electricity for the project and endorses the RAK Properties promise to fulfill its commitments for maintaining the highest standards of quality and service which is an integral part of its projects.
It is worthwhile to mention that work on the areas released for sale are going on in full steam and the company will strive to deliver the units on schedule.
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RAK Properties signs contract with UTICO for the supply of water and electricity to Mina Al Arab
- United Arab Emirates: Tuesday, March 24 - 2009 at 09:28
- PRESS RELEASE
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RAK Properties has successfully signed an agreement with the major utility provider UTICO (of Ghantoot Group) for the supply of water and electricity for its upcoming prestigious project "Mina Al Arab" in RAK.
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Posted by Rima Ali Al MashniTuesday, March 24 - 2009 at 09:28 UAE local time (GMT+4)
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RAK Properties, a Public Joint Stock Company listed on the Abu Dhabi Securities Market, is a real estate development company 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-storied twin office and residential project at a cost of Dhs500m - in February 2006 followed by Mina Al Arab - spread over 30m sq. feet at a cost of Dhs10bn - in May 2006. It also launched RAK Tower in Abu Dhabi at Cityscape Dubai 2007 and finally Julfar Residence in Abu Dhabi as well at Cityscape Dubai 2008.
For further information, please contact:
Yasser Mohamed Al Dabach
Senior PR Manager / Shares
Tel.: 07 - 2330004
For further information, please contact:
Yasser Mohamed Al Dabach
Senior PR Manager / Shares
Tel.: 07 - 2330004
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