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RAK Properties showcases Bermuda Villas at Cityscape Global

RAK Properties PJSC, Ras Al Khaimah’s one of the biggest property developer listed on the Abu Dhabi Stock Exchange, received an overwhelming response from interested investors and buyers during its participation at 2014 Cityscape Global, the prime location for real estate investment. The annual international real estate event will run until September 23, 2014 at the Dubai World Trade Center …

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FGB to launch the UAE’s first personalised credit card

FGB, one of the leading banks in the UAE, has announced that it will soon be launching “My Card”, the UAE’s first personalised credit card. The new product allows customers to choose their own design, card programme and loyalty scheme. As consumers demand a more tailored banking experience, “My Card” allows customers to design their card by choosing from a …

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DAFZA expands to increase economic, business opportunities in the UAE

Dubai Airport Freezone Authority (DAFZA) has recently announced its expansion plans and vision to invest in a number of lands that belong to Al Wasl Real Estate Corporation, and launch its economic project that aims at supporting the economy of Dubai. In order to meet the growing demand for global companies to start their business in the freezone, DAFZA will …

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RAKBank to acquire RAKNIC

RAKBank will acquire majority stake in Ras Al Khaimah National Insurance Company (RAKNIC) following approval from the bank’s shareholders, according to a Gulf News report. Shareholders voted in favour of the bank buying a majority stake at Dh3.64 per share during its ordinary general assembly held on Monday at the bank’s headquarters in Ras Al Khaimah. The acquisition will be …

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New customer engagement initiatives by du in RAK

du’s small and medium enterprise (SME) customers based in Ras Al Khaimah and the surrounding area have been invited to join du’s experts at the fourth Business Help Roadshow, the first held by du in the area, from 10am-6pm on 16 Septemberat the Hilton Ras Al Khaimah, to receive face-to-face advice and rapid query resolutions. Hany Fahmy Ali, executive vice president – Enterprise Business, …

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RAKBANK launches MobileCash to withdraw and send money to anyone in the UAE

RAKBANK has launched a new service called MobileCash which gives customers the ability to withdraw cash and send money to their friends, family or anyone in the UAE instantly using nothing but their mobile phone, even if the recipient does not have a bank account. The service runs off the advanced RAKBANK Mobile Banking App platform. An SMS with a …

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Air Arabia Group CEO bags Airline Business Award

Adel Ali, group chief executive officer of Air Arabia, won the “Airline Business Award” at the esteemed Airline Strategy Awards 2014 held in London recently. Representing Air Arabia which is now the designated carrier of Ras Al Khaimah, Ali was recognised for successfully developing the airline’s expanding business model and for making a lasting strategic contribution to the global aviation …

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Lotus offers three-year warranty and service

With three-year warranty and three-year inclusive servicing offered across all three models in the Lotus sports car range, Lotus customers can drive away and confidently revel that from here on in, it’s pure driving enjoyment. Sports car fans with a passion for the open road can now buy a new Lotus Elise, Exige and Evora with guaranteed peace of mind. …

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Streit Group plans expansion

The expansion in RAK will also include a larger employee accommodation, a glass factory, pre-fabrication facilities, fuelling stations, a helipad, and support manufacturing facilities. Streit Group, the world’s largest armoured vehicles manufacturer, has signed a land lease that will triple the size of its facilities at the Ras Al Khaimah Free Trade Zone (RAK FTZ) to 4.5 million square feet. …

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PGS Group to set up subsidiary in RAK FTZ

The French and Belgian-based global manufacturer of wooden pallets will expand its operations into the Middle East with their new unit in Ras Al Khaimah PGS Group, the French and Belgian-based, global manufacturer of wooden pallets will expand its operations into the Middle East by setting up a subsidiary in the Ras Al Khaimah Free Trade Zone (RAK FTZ). The …

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