News related to
Ras Al Khaimah

Yas Holding completes Julphar unit acquisition

Arabian Post Staff UAE headquartered investment group Yas Holding has completed the acquisition of Gulf Inject LLC (GI) from Ras Al Khaimah-based Gulf Pharmaceutical Industries (Julphar), a listed UAE-based pharmaceutical company. The 100% acquisition, which includes Gulf Inject’s Jebel Ali Free Zone branch, was completed through Yas Holding’s dedicated healthcare investment vehicle, GlobalOne Healthcare Holding LLC (GHH). GHH’s healthcare portfolio includes biopharma, manufacturing, medical supply chain, hospital […]

A Pre-Dubai Expo Event to Familiarize Hong Kong and Mainland Business Communities to Tap into the Booming Markets in the UAE

HONG KONG SAR – Media OutReach – 14 July 2021 – Senior executives from more than 150 local and mainland businesses joined an online forum jointly organized by the Consulate General of the United Arab Emirates (UAE) in Hong Kong and the Chinese General Chamber of Commerce (CGCC) on 12th July to learn and explore business opportunities in the UAE, which has Hong Kong and mainland China […]

Extreme founder Alistair Gosling looking to connect adventure sports

DUBAI: Whether hiking the mountain trails of Ras Al-Khaimah, rally driving in AlUla, sailing in the Arabian Gulf, or taking part in any adventure sport around the globe, the world could be about to

UAE’s Ras al Khaimah reveals 20 attractions to get pulse racing

DUBAI: The UAE’s northernmost emirate has revealed a 500 million dirhams ($136 million) tourism investment plan to tempt thrill seekers and lovers of the great outdoors. Ras Al Khaimah Tourism

Optimistic outlook for a prosperous 2021

By Sheikh Sultan bin Tahnoon Al Nahyan Last year has been long and challenging for the vast majority of us and we have seen so many heroes, across different sectors work tirelessly to curb the effects of the pandemic. Looking ahead, 2021 marks the build-up to the UAE’s Golden Jubilee, a moment that marks collective optimism for our shared future with tremendous optimism for our shared future […]

RAK airport ready to receive commercial flights

Arabian Post Staff Ras Al Khaimah International Airport is gearing up to receive the first commercial flights from Indian value carrier SpiceJet on November 26, 2020. The development signals a steady return to normal economic activity following the COVID-19 pandemic, spokespersons for the two operations said, noting that with SpiceJet’s connection to 28 destinations across the Indian sub-continent and RAK Airport’s position as an expanding travel and […]

UAE, Saudi hotel sector set to bounce back; RAK bookings hit record

The UAE’s and Saudi Arabia’s hotel sectors are expected to bounce back after COVID-19 faster than other regional markets, with the northern Emirate of Ras Al Khaimah seeing the highest demand in September 2020. Colliers International said hotels in the UAE’s smaller markets have seen improved performance thanks to domestic demand and limited returning international travel, as the industry attempts to recover. Ras Al Khaimah City’s occupancy […]

UAE ramps up post Covid-19 economy

COUNTRY LATEST UPDATES Saudi Arabia                Covid-19 pandemic latest: Total confirmed cases: 301,323 Recoveries: 272,911 Deaths: 3,470 Actions to slow the spread of Covid-19: 3 August: Pilgrims returning from Hajj must quarantine for 14 days and will be monitored using electronic bands to ensure compliance.  28 July: Health Ministry to assign a health leader for every 50 pilgrims at this year’s scaled-back […]

ADX transfers RAK, Fujairah branches to Sharjah

Arabian Post Staff Abu Dhabi Securities Exchange (ADX) has announced the transfer of its Ras al-Khaimah and Fujairah branch offices to its Sharjah branch and the transfer of its Al Dhafra Region branch office to Abu Dhabi. The move is in line with ADX’s business development strategy, which is designed to facilitate digital acceleration and provide smart services in an effort to be more customer centric and […]

Winter in Dubai: Fun Things to Do

(Sources: https://pixabay.com/photos/miracle-garden-dubai-flowers-nature-3686115/) People go to Dubai to have fun, relax, and unwind, but it can get extremely hot. If this has always been a hindrance to you, then you can visit during winter. The temperatures are quite low, and you can enjoy the things you couldn’t during summer. Why Visit Dubai in Winter Winter is the perfect time to visit Dubai because the temperatures are bearable. It […]

UAE real estate softening continues

Continuing from the previous quarter, average sales prices and rents softened across most communities in Dubai in the third quarter of 2019, the latest Cavendish Maxwell UAE Property Market Report says. The average apartment prices declined by 16.5% over the 12-month period from Q3 2018 to Q3 2019 while the average villa/townhouse prices declined 15% during the period. Rental declines for apartments in Dubai averaged 15%, whilst […]

Indian firms show interest in RAK oil concession

|By Arabian Post Staff| Ras Al Khaimah Petroleum Authority (RAKPA), the regulator of the petroleum sector in the Emirate of Ras Al Khaimah (RAK) in the United Arab Emirates, is seeing a high level of interest from Indian companies to qualify for the 2018 RAK licensing round. Growing demand in the Indian market and the unique opportunity for Indian companies to explore and develop oil and gas in […]

Dubai real estate records further declines

According to the latest Reidin Residential Property Price Indices, the index for all residential estates decreased by 1.1 points, from 245.2 to 244.1, which represents a decline of 0.47 per cent in May 2018. Prices also went down by 5.77 per cent year on year. Apartment sales prices registered a decrease in May 2018 with a drop of 0.42 per cent month on month, and 5.53 per […]

Emaar revenue up 37% for first quarter

|By Arabian Post Staff| Emaar Properties recorded revenue for the first three months of 2018 of Dh5.58 billion (US$1.52 billion), 37 per cent higher than the first quarter of 2017 revenue of Dh4.07 billion (US$1.109 billion). This was led by significant progress achieved on projects under construction and the growth in malls and hospitality businesses. Emaar’s net profit grew by 20 per cent to Dh1.66 billion (US$453 […]

More Sharjah residents moving to Dubai

|By Arabian Post Staff| The increased availability of affordable properties in Dubai is encouraging residents of Sharjah and other northern emirates to move closer to their work places in Dubai, Asteco said in its latest report. This is despite despite waived deposit requirements, rent-free periods, increased number of payments (up to 12 cheques) and rent adjustments at their current residences. The Northern Emirates will remain an affordable […]

RAKBank third quarter profit doubles

|By Arabian Post Staff| National Bank of Ras Al Khaimah (RAKBank) Group said the bank’s profit for the third quarter more than doubled to Dh224.8 million, compared to the previous period and recorded all-round improvement in its 9 months performance, achieving a growth of  9.4 per cent in the consolidated net profit of Dh606.3 million. Gross loans and advances stood at Dh32.6 billion as of 30 September […]

UAE driver issued AED1 million traffic fines

|By Arabian Post Staff|The Ras Al Khaimah police issued a fine of AED 1 million to a driver for excessive speeding, overtaking on the hard shoulder and driving recklessly. “The motorist was caught by radars on the roads, and found committing a number of traffic violations, including speeding,” Major General Ali Abdullah Bin Alwan Al Nuaimi, Commander-in-Chief of Ras Al Khaimah Police, told the Arabic daily Al […]

ADX launches technical short selling

|By Arabian Post Staff| Abu Dhabi Securities Exchange (ADX) today announced the launch of its latest investment service ‘Technical Short Selling’ (TSS), an addition to the existing suite of services and products provided by ADX to investors through brokerage firms. The launch of this new service falls in line with ADX’s strategy to increase liquidity levels as well as diversify investment and hedging instruments in order to […]

‘You get what you pay for when it comes to IVF treatment,’ UAE doctors say

DUBAI // Couples should look beyond a fertility clinic’s success rate before signing up for an in-vitro fertilisation scheme, and avoid cut-price deals, doctors warned. Couples would “get what they pay for” and should prepare for a significant financial commitment if they want the IVF treatment to be successful, said doctors at a Dubai Health Authority event marking International Family Day. Couples who conceived children through treatments […]

Al Eqbal Real Estate Development introduces The Ritz-Carlton brand in Jordan

Amman, 14 May 2017  Marking the debut of The Ritz-Carlton brand in Jordan, Al Eqbal Real Estate Development and Marriot International have announced the signing of an agreement to establish The Ritz-Carlton hotel and residences in Amman, which is scheduled to be complete in 2020. The agreement was inked by Tawfiq Fakhouri, Founder and Chairman of Al Eqbal Real Estate Development, and Alex Kyriakidis, President and Managing […]

MoF Holds the Second Meeting of the Government Financial Policy Coordination Council of 2017

13 May 2017 Dubai – The Ministry of Finance (MoF) recently held the second meeting of the Government Financial Policy Coordination Council for 2017 in its headquarter in the Dubai. The meeting was headed by HE Younis Haji Al Khoori, Undersecretary of MoF and Chairman of the Government Financial Policy Coordination Council, in the presence of HE Saeed Rashid Al Yateem, Assistant undersecretary of Resources and Budget […]

New UAE policy offers people with special needs training and job opportunities

DUBAI // Abdualah Mohammed Al Soori has never let his muscular dystrophy get in the way of achieving his dream of becoming a published author. The Emirati, who has suffered from the disorder since the age of 7, has written several books of short stories and writes a column for Al Roya newspaper. He said people with special needs have an important role to play in society […]

10 things to do today: attend Cinema Space’s screening of Journey of Hope, get tickets to see Swedish rock band Europe and more

Aarti Jhurani Your daily guide to community and cultural activities across the Emirates for May 8, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Aarti Jhurani rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Film […]

Passenger dies in Ras Al Khaimah crash

RAS AL KHAIMAH // A man was killed in a car accident when his vehicle veered off the road on Sunday morning in RAK. The 37-year-old Asian man was a passenger in the car of his friend, 27, who is from the same Asian country. The driver lost control of his car and hit a lamppost at 8am on Al Shuhada Road. Brig Hassan Ibrahim Ali, deputy […]