RAK strengthens its sustainable development and shared growth opportunities strategies. In a significant move to strengthen economic ties, Ras Al Khaimah has signed a growth partnership agreement with the UK Government, focused on enhancing collaboration in trade, industry, and various other sectors such as education and culture. The agreement was recently established in a ceremony attended by...

Developers in the UAE and foreign investors are increasingly focusing on Ras Al Khaimah (RAK) and its central areas in response to the soaring demand for real estate in the northern emirate. This surge in interest can be traced back to the announcement of the first major free zone in the Middle East in January 2022, which significantly boosted investor confidence and triggered a wave of new project...

The Luxe Developers, a prominent UAE-based real estate development firm, has achieved a significant milestone with the sale of two of the most luxurious residences on Al Marjan Island: The Celest and The Stellar. These high-end properties, which are part of the Oceano development in Ras Al Khaimah, have been sold for a combined total price of AED180 million. This notable transaction reflects the growing...

Future of Ras Al Khaimah Event – Inspired by The Land was held on 1st Nov 2024 in RAK, UAE. The attendees here experienced a transformative journey of RAK as it unveiled its exciting vision for the future. This industry event brought together stakeholders, leaders and innovators for a morning of insights and networking. While the event ran through an inside look of the ambitious developments shaping...

Ras Al Khaimah, UAE — Marjan, the master developer of freehold land in Ras Al Khaimah, has announced a significant partnership with Pantheon Development through its subsidiary, RAK Central. This significant announcement was made by Arch. Abdulla Al Abdouli, Chief Executive Officer of Marjan during the exclusive event- “Future of Ras Al Khaimah” held on 1st Nov 2024 in Ras Al Khaimah. This...

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...