RAKEEN DEVELOPMENT
Rakeen – an Arabic word that means ‘central pillar’ or ‘trustworthy support’ – commenced operations on 19th April 2006, in a royal decree by His Highness Sheikh Saud Bin Saqr Al Qassimi, Crown Prince and Deputy Ruler of Ras Al Khaimah, as the land master-planner and developer to be responsible for RAK’s property development.
Rakeen is owned by:
- Reyada Investment Limited (46%), the private investment vehicle of His Highness Sheikh Saud Bin Saqr Al Qassimi, Ruler of the Emirate of RAK;
- RAK Properties (26%), a publicly listed UAE real estate developer with support from RAK government;
- RAK Airways (26%), UAE’s fourth largest airline privately owned by private UAE investors and RAK government; and
- the Government of RAK (2%).
Rakeen a significant number of ambitious developments underway for Ras Al Khaimah – from man-made islands to offshore financial districts and from spa resorts to new urban developments – to facilitate the emirate’s transition to an international commercial capital and cultural landmark.
Rakeen has a diversified international development portfolio and has been investing robustly in emerging markets around the region.
As a guiding principle, every project that we embark on is founded on the belief that we have an overriding responsibility to preserve the heritage and social values of the people as well as the beauty of our countryside, and the environment at large.
Rakeen is committed to designing and building structures which are sympathetic to their surroundings and which preserve or add to the natural habitat wherever possible.
Rakeen’s core values are Sustainability, Responsibility and Prosperity.
Company Details
- Employees
- 17
- Founded
- -
- Address
- Rakeen Building, Al Jazira Al Hamra Road, P.o. Box 6374,united Arab Emirates
- Industry
- Real Estate
- Website
- http://www.rakeen.com
- Keywords
- Real Estate Development.
- HQ
- Ras Al Khaimah
Rakeen Development Pjsc Questions
Rakeen Development Pjsc's website is http://www.rakeen.com
Rakeen Development Pjsc's LinkedIn profile is https://ae.linkedin.com/company/rakeen-development-pjsc
Rakeen Development Pjsc has
17 employees.
View email and phone details for 17
employees at Rakeen Development Pjsc.
Rakeen Development Pjsc's industry is
Real Estate
Rakeen Development Pjsc's top competitors are
Rakeen Consulting & Capacity Building,
Arada,
Qube Development,
Manazil Real Estate,
Al Hamra,
Rakeen Development Company (Bd) Ltd.,
Rak Properties,
Rakeen Development Company (Bd) Limited,
Siadah Development,
Dubai Properties (Dp).
Rakeen Development Pjsc's categories are Real Estate
Rakeen Development Pjsc's founding year is 2006
