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Current news related to Ras Al Kaimah.

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RAKIA plans IPO of Georgia port in 2011

21 July 2010 Reuters - The UAE emirate of Ras Al Khaimah's sovereign wealth fund plans an initial public offering for its port of Poti project in Georgia for 2011, its chief executive officer said on Tuesday. Without giving a specific date, Khater Massaad, CEO, Ras Al Khaimah Investment Authority (RAKIA), said: "We will go for an IPO definitely in 2011."

UAE's Ras al Khaimah seeks foreign investors to boost economic growth

Bloomberg July 21 2010 -Ras al Khaimah, the United Arab Emirates sheikhdom, is seeking foreign investors to finance businesses, property and tourism ventures to spur economic growth. The Ras al Khaimah Investment Authority is in talks with companies from the U.S., Germany, France, Italy, India and Pakistan to bring new ventures to the emirate, Khater Massaad, chief executive of the state-run fund,…

Ras Al Khaimah means business

Gulf News July 21 2010 - Ras Al Khaimah: The Ras Al Khaimah Investment Authority (Rakia) said it intends to extend the emirate's stable growth path of the past couple of years by attracting more investment into its free zones. Created in 2005, the authority has been tasked to contribute heavily to the emirate's development.

Realty Firm RAK Plans Mega Project in UAE

The Economic Times July 21 2010 - HYDERABAD: Ras-Al-Khaimah (RAK), a public joint stock firm and realty developer, plans to come up with 1,000 villas and town houses in United Arab Emirates (UAE). Talking to media persons here on Wednesday L K Varma, Managing Director of Orange Real Estate, partner in the multi- billion project, and Ralph Chkaibane, Director of Sales RAK Properties, said the…

Ras Al Khaimah outlines growth roadmap to boost economic integration and lifestyle offerings

AL BAWABA July 20th, 2010 - RAKIA attracts over 6,500 businesses from all over the world in just under five years. The Ras Al Khaimah Government has recently announced that it has achieved significant success in its efforts to launch socioeconomic programs that promote economic sustainability, enhance the quality of life, and preserve the emirate's abundant natural and archaeological attractions.…

The environment of RAK is more than just dust

The National July 21 2010 - This is in reference to the articles House becomes like an earthquake and Traditional life in RAK choked by dust of factories (July 9), regarding the complaints by some residents of Khor Khwair and Ghalilah in Ras Al Khaimah about the adverse effects of noise, dust and emissions from the quarries and crushers, factories and industrial traffic on the local population.…