RAK recognizes the transformative power of digital assets and the unique economic growth RAK Digital Asset Oasis (DAO) is a first free zone dedicated to digital and virtual assets in the UAE. It is an innovative set up to transform digital growth in the Emirate and across the country. The UAE's strategic initiatives to bolster its position as a global hub for digital assets are commendable, reflecting...
A PIVOTAL MOMENT IS ESTABLISHED IN A REGULATED COMMERCIAL GAMING SECTOR WITHIN THE UAE. Australian slot machine manufacturer and supplier Aristocrat has achieved a significant milestone by becoming the first international company in the slot and online gaming technology sector to receive a Gaming-Related Vendor license from the General Commercial Gaming Regulatory Authority (GCGRA) in the United Arab...
The Wynn Al Marjan, set to be the first integrated gaming resort in the United Arab Emirates, remains firmly on schedule for its anticipated opening in the first quarter of 2027. Donald Bremmer, Chief Operating Officer of RAK Hospitality, emphasized in an interview that the project is proceeding as planned, with no indications of delays. This announcement was made during the inaugural Seven Wonders event...
RAK Properties announced a strategic deal with Commercial Bank of Dubai (CBD) to arrange AED 2 billion syndicated facility to accelerate growth in Mina Al Arab. The facility will support RAK Properties’ current and future development projects, including several luxury hotels and residential communities within Mina Al Arab, while also providing essential long-term liquidity to ensure the company’s...
Ras Al Khaimah, UAE –October 7, 2024: Dreamcatcher Real Estate Management, a leading Real Estate firm in Ras Al Khaimah, proudly announces a significant milestone by receiving the largest commission ever recorded for a secondary market sale, valued at hundreds of thousands of dirhams. This achievement marks a new chapter in the company’s growth, underscoring its expertise in handling high-value...
