Mohammed Al Qadi, Managing Director, RAK Properties, said "Our participation in Cityscape comes in line with the vision of HH Sheikh Saud Bin Saqr Al Qasimi, Crown Prince and Deputy Ruler, RAK emirate that aims to make Ras Al Khaimah an attractive tourist destination and a dynamic business centre in the region. Through our new projects, we will be working towards this aim."
RAK Properties, a recently created joint stock company have been able to generate profound regional and international interest in the emirate of Ras Al Khaimah, mainly as a result of its IPO that was significantly over-subscribed by 57 times at the time of its launch. The company will act instrumental in the development of real estate, tourism and leisure facilities in the emirate, and their projects will also help provide the support structure for the local community. This is expected to help RAK properties gain a considerable share of the market.
"We view Cityscape as a platform to reach out to a wider regional and international audience who are interested in current real estate developments. We aim to create awareness about our new projects with existing and potential investors. This will help us maximise shareholder value", concluded Al Qadi.
RAK Properties stand number is 7171, and will be located at Hall 6.
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RAK Properties participate in Cityscape 2005
- United Arab Emirates: Tuesday, September 13 - 2005 at 08:48
- PRESS RELEASE
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RAK Properties, the premier real estate development company of Ras Al Khaimah, is participating in Cityscape 2005 from 17th September to 19th September, which is a major property investment and development event in Dubai, where it will be announcing its new projects to be launched.
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Posted by Anne-Birte Stensgaard, Senior News EditorTuesday, September 13 - 2005 at 08:48 UAE local time (GMT+4)
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This article was updated on Sun Aug 20 2006.
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RAK Properties a real estate development company will operate in a sector that is enjoying an economic boom. It is 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.
For further information, please contact:
Lina Anani
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in
Middle East and NorthAfrica
Dubai, UAE
Tel: +971-4-3344550, Fax: +971-4-3356080
For further information, please contact:
Lina Anani
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in
Middle East and NorthAfrica
Dubai, UAE
Tel: +971-4-3344550, Fax: +971-4-3356080
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