RAK plans to halt parts of $3.3bn project

2009-10-12T08:58:00

RAK Properties PJSC, the developer that built Ras Al Khaimah’s first man-made islands, is halting parts of a 12 billion-dirham ($3.3 billion) project until market conditions improve, the chief executive officer said.

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Try Property Week For Free to finish this article.

Unlimited access to Property Week
Breaking news, comment and analysis from industry experts as it happens
Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue