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Industry Watch

RAK Properties releases new phase at Bermuda Villas, Mina Al Arab

wmeet growing demand for spacious beachfront property in Ras Al Khaimah, Show villa is now available for viewing RAK Properties PJSC, Ras Al Khaimah’s biggest property developer listed on the Abu Dhabi Stock Exchange, is all set to commence the release of Phase 2 of its Bermuda Villas being developed under its flagship Mina Al Arab waterfront community. The announcement …

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Starwood brings new Four Points by Sheraton to Ras Al Khaimah

Opening in 2019, Four Points by Sheraton Ras Al Khamah marks the company’s entry in the Emirate Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced the signing of Four Points by Sheraton Ras Al Khaimah with Hamarain Real Estate LLC. Scheduled to open in the first quarter of 2019, the hotel will be Starwood’s first property in the Emirate …

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RAK Tourism Development Authority strategic partnership with China’s largest online travel agency

Ras Al Khaimah Tourism Development Authority (TDA) and Ctrip Destination Marketing have this week announced a strategic cooperative marketing agreement aimed at promoting the Emirate as a new destination for Chinese tourists. The agreement was signed at Arabian Travel Market (ATM) and will run initially from 1st May 2016 until 30th April 2017. The co-marketing partnership will generate significant awareness …

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RAK Q1 tourism figures reflect remarkable milestones of the last 12 months

2016 off to a strong start with encouraging Q1 2016 tourism figures Ras Al Khaimah’s new tourism strategy and rebrand will further boost visitor numbers New destination video by multi-award-winning director unveiled at Arabian Travel Market Ras Al Khaimah Tourism Development Authority (TDA) reported unprecedented growth in its March tourism figures today at Arabian Travel Market 2016 (ATM), reflecting the …

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Ras Al Khaimah Tourism Development Authority launches new brand

Ras Al Khaimah rebrands to boost the tourism sector and drive visitor numbers – The emirate today revealed its new logo in line with supporting strategies to reposition Ras Al Khaimah on the global tourism stage Ras Al Khaimah Tourism Development Authority has today revealed its new brand identity, which aims to reposition the destination in line with its vision …

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Thomas Cook and Ras Al Khaimah Tourism Development Authority sign strategic partnership

Ras Al Khaimah Tourism Development Authority and Thomas Cook Group have today announced a major cooperative marketing agreement aimed at promoting the emirate as a premier destination for European leisure tourism. Initially running from 1 March 2016 – 28 February 2017, the co-marketing partnership will help to raise awareness about Ras Al Khaimah in international markets and drive travel and …

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RAK International Airport: Poised for a surge

As it approaches its 40th anniversary,  Ras Al Khaimah International Airport has reported a highly successful 2015, during which aircraft movements of scheduled flights increased by 26% over the previous year. New charter operations from Germany, Poland, Latvia and Russia also kicked off. In addition, Air Arabia, for whom RAK International is a growing hub, increased flight frequencies to the …

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RAK FTZ announces Startup Champ Winner

RAS AL KHAIMAH Free Trade Zone (RAK FTZ) has declared the winner of the first-ever RAK FTZ Startup Champ Competition, which aims to recognise aspiring entrepreneurs with innovative business plans. After a thorough deliberation, Tomas Rosputinsky was named as the grand winner. He will receive a comprehensive business package from RAK FTZ, which includes facility, license, and business support services. …

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RAKBANK Partners with Dubai Properties

Offers Financing Options for Off-Plan and Completed Properties RAKBANK announced its partnership with Dubai Properties to provide convenient home finance solutions for a selection of complete and off-plan properties in Dubai Properties’ portfolio of projects. Under the partnership, the Bank extends home finance for off-plan properties such as Mudon and completed projects including JBR, Executive Towers, Bay Square, The Villa …

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