UAE, November 29, 2014 – RAK Properties, one of the biggest property developers listed on the Abu Dhabi Stock Exchange, successfully concludes a two-day fun-filled series of activities at Mina Al Arab as part of the company’s celebration of the 43rd UAE National Day. The event, which started on November 27, was attended by the company’s senior officials, employees, partners and Ras Al Khaimah’ community, demonstrates RAK Properties’ loyalty to the nation and their continued support for the government’s key initiatives, particularly UAE Vision 2021.
The grand celebration was highlighted by antique gallery and traditional tents, serving traditional Arabic delicacies and also featured Arabic folk dancers for entertainment. In addition, many F&B’s brands were available during the celebration and children were treated to fun games and activities throughout the event, making the celebration a truly spectacular event for the whole family and enriching their experience of the ancestry traditions of UAE culture.
RAK Properties, a Public Joint Stock Company listed on the Abu Dhabi Securities Market, is a real estate development company 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. The company launched its first project, Julfar Towers – a 45-storied twin office and residential project at a cost of AED 500 million – in February 2006 followed by Mina Al Arab – spread over 43 million sq. feet at a cost of AED 10 Billion – in May 2006. It also launched RAK Tower in Abu Dhabi at Cityscape Dubai.