UAE's RAK Properties to invest AED 5bn until 2021

Abu Dhabi – Mubasher: RAK Properties has a portfolio of underway projects and new projects scheduled for completion until 2021, with total investments of AED 5 billion, the CEO Mohammed Sultan Al Qadi stated on Tuesday.

The property development and tourism infrastructure firm has completed phases of its underway projects in 2017, whose cost amounted to AED 2 billion, Al Qadi added.

Currently, the UAE-based company is executing Hayat Island project, which includes towers, restaurants, driveways, parks, and stadia, the top official concluded.

 

Mubasher Contribution Time: 06-Feb-2018 07:17 (GMT)
Mubasher Last Update Time: 06-Feb-2018 07:26 (GMT)