AME Info
Rakia and Rakeen Development to promote Ras Al Khaimah as a
world-class investment and tourist destination during Cityscape 2009
United Arab Emirates: Saturday, October 03 – 2009 at 13:38
PRESS RELEASE
Ras Al Khaimah Investment Authority (Rakia), Al Hamra Real Estate and
Rakeen will leverage the growing global interest in Ras Al Khaimah as
a leading business investment and tourism destination during their
participation at Cityscape Dubai 2009.
The three entities will collectively showcase a selection of
world-class residential and mixed-use developments, attractive
free-zone packages, onshore and offshore business solutions and a
rapidly growing global portfolio of real estate projects in what is
projected to be one of the most exciting showcase presentations during
the trade event.
Among the key developments that will headline the exhibition are Al
Marjan Island, the first man-made island in Ras Al Khaimah; the Bab Al
Bahr mixed-use development, Gateway City, Al Hamra Village mixed-use
development, Rakia Amenities Centre, and various business
opportunities within Rakia’s free zone. For Cityscape Dubai, Rakia, Al
Hamra Real Estate and Rakeen have jointly booked 400 square metres of
exhibition space at Stand No. 5B10 at the entrance to Hall 5 of Dubai
International Convention and Exhibition Centre, where the event runs
from October 5-8, 2009.
Dr. Khater Massaad, CEO of Rakia, said:
"We have developed a distinct and extensive exhibition area that will
help visitors better appreciate the transformation of Ras Al Khaimah
as a haven for sustainable development and an attractive lifestyle,
tourism and business destination. Our participation at Cityscape is
also part of our efforts to showcase the pristine natural beauty of
Ras Al Khaimah, where residents can enjoy the emirate’s white sandy
beaches, red desert dunes and majestic Hajjar mountains, while being
in proximity to the comforts of state-of-the-art residential and
commercial amenities."
"All our developments are located within a radius of
reating greater accessibility and flexibility to attend to various
business, leisure and private activities," added Dr. Massaad.
During Cityscape, Dr. Massaad will also speak on behalf of Rakia, Al
Hamra Real Estate and Rakeen at a Cityscape Connect Seminar titled
‘Ras Al Khaimah: Emerging Emirate On The Move’. Representatives of RAK
Tourism and RAK Properties will also join Dr. Massaad during the
open-to-all seminar, which will be held on October 07, 2009 from 12:30
to 13:30 hours.
The combined showcase will also provide various presentations of the
construction progress of real estate developments being undertaken by
Rakia and Rakeen, while the fully completed facilities within Al Hamra
Village will be prominently displayed to highlight the new project’s
reputation as one of the most complete developments in the UAE. A
value-added feature is a unique showcase of groundbreaking mixed-use
developments and authentic project models that are being undertaken by
Rakeen in Lebanon, Congo (DRC), Georgia, Iran, Kyrgyzstan, Armenia and
other international destinations.
"We hope that Cityscape Dubai will help set off a new growth trend in
the region, marking the beginning of a revival of the real estate
sector. Our solid track record of being honest, transparent and
reliable developers, substantiated by a visionary strategy and strong
funding, has helped maintain our firm position within the industry
through the past difficult months. We are determined to deliver on our
promises and to keep proving that we deserve the trust of our esteemed
investors and business partners. Ras Al Khaimah is ready for new
challenges and will continue to script new success stories, especially
now that the America’s Cup is just around the corner," concluded
Dr. Massaad.
Ras Al Khaimah recently announced that it will host the prestigious
33rd America’s Cup, which will be held in Al Hamra Village in February
2010. A 22-hectare island within Al Hamra Village lagoon will serve as
the base for the sailing event. The island will accommodate the
edia, the sponsors and the viewing public.