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Rak Properties (RAKPROP)

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1.220 +0.010 +0.83%

26/04 - Closed. Currency in AED ( Disclaimer )

Type: Equity

Market: United Arab Emirates

ISIN: AER000601016

Volume: 7,361,650
Bid/Ask: 0.585 / 0.589
Day's Range: 1.210 - 1.250

Rak Properties Company Profile

Get an in-depth profile of Rak Properties, including a general overview of the company's business and key management, as well as employee data and location and contact information.

IndustryReal Estate Operations

SectorReal Estate

Employees

139

Equity Type

ORD

RAK Properties PJSC, together with its subsidiaries, engages in the investment, development, and management of real estate properties in the United Arab Emirates. It operates in four segments: Property Sales, Property Leasing, Hotel Operations, and Others. The company’s projects include mixed-use community developments, retail shops, health spas and hotels, and residential. It is also involved in the provision of the marina management and related services; and operates hotels. The company was incorporated in 2005 and is headquartered in Ras al-Khaimah, the United Arab Emirates.

Contact Information

Address Julphar Towers 41st Floor
P.O. Box: 31113 Ras al-Khaimah,
United Arab Emirates

Phone 971 7 244 4432

Fax -

Web www.rakproperties.ae

Top Executives

Name	Age	Since	Title
Mohammad Ahmad Ruqait Al Ali	-	-	Independent Vice Chairman
Mohamed Ali Abdullah S. Musabbeh Al Nuaimi	-	-	Independent Director
Abdullah Rashid Jasem Al Abdouli	-	-	Independent Director
Yasser Abdullah Mohammed Saeed Al-Ahmad	-	-	Non-Executive Director
Mohamed Ghobash Ahmed Saeed Ghobash Al Marri	-	-	Independent Director
Ahmed Omar Al Qassimi	-	2015	Independent Director
Abdulaziz Abdullah Al Zaabi	61	2012	Independent Chairman

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RAKPROP Comments

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Dharma Krishnan Jun 12, 2021 2:03AM ET

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https://amp-thenationalnews-com.cdn.ampproject.org/c/s/amp.thenationalnews.com/business/property/rak-properties-targets-dh400m-in-revenue-this-year-amid-a-broader-economic-recovery-1.1238225

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Yousuf Hassan Bin hassan Feb 21, 2021 11:42PM ET

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The company was distributing profits to shareholders and it was a loss!!!!

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Ali M Aug 10, 2017 7:33AM ET

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0.75 is all time downward resistance trendline. Breakout expected after and pushback if not. Don't forget, price to book is amongst the cheapest in market with price a little less than 0.4 times book value. Close today at 0.72. Expected retracement to 0.68-0.70 before resuming upward trend. Good luck.

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Ali M Apr 29, 2017 4:09AM ET

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By far the cheapest stock in the market in terms of book to price and p/e.

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Ali M Oct 25, 2016 4:42PM ET

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Buy buy buy..going to 71 for wave number 2.

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Recent Quotes

	Name	Price	Chg.	Chg. %
	RAKPROP	1.220	+0.010	+0.83%

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