RAK property sector valued at Dh4.95b in 2015

05/04/2017 07:33 AST

Ras Al Khaimah's real estate sector reached a value of Dh4.95 billion in 2015, up from Dh3.4 billion in 2011, a total percentage growth of 45 per cent, according to a study by Ras Al Khaimah Chamber of Commerce.

Annual growth in the sector reached 15 per cent per year between 2011 and 2015. The real estate sector ranked third after the industrial and tourism sectors in its contribution to Ras Al Khaimah's total capital formation in 2015, accounting for 13.3 per cent (Dh1.21 billion).


Gulfnews

News

RAK Properties' AGM approves cash dividend of 6% for 2017

20/03/2018

RAK Properties said its board approved increasing the cash dividend to 6 per cent of the nominal value of share (6 fils per share), up from the recently recommended 5 per cent.

"The year 2

Gulf News

RAK Properties posts 10% jump in net profit for 2017

16/02/2018

RAK Properties reported on Thursday a 10 per cent increase in its net profit for 2017, reaching Dh192 million from Dh175 million in 2016. Revenues of the company for 2017 were at Dh313 million. Net o

Gulf News

RAK real estate comes into its own

04/10/2017

Reasonable price, accessibility, luxurious amenities and other incentives are driving the real estate market in Ras Al Khaimah. Investors and real estate businesses are heading north, quick to sense

Gulf News

Most Viewed Companies

Ticker Price Volume
NADEC 27.30 1,369,614
DU 6.55 441,215
ZAINKSA 10.82 1,868,409
A.OTHAIMMARKET 11.90 545,416
ARDCO 29.25 233,374
LUMI 77.50 102,302
ALRAZI 43.00 800

Valuation

RAKPROP Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
SOKOUK 49.00 -0.20 (-0.41%)
ALDAR 8.10 0.10 (1.25%)
EMAAR 8.73 0.05 (0.57%)
MASAKEN 32.00 -1.50 (-4.48%)
EMAARDEV 8.82 -0.05 (-0.57%)

Recent News

EEC's capital optimization plan to shore up financial position and sustain growth: CEO

14/09/2024

RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

logo

Financial Information Co.

(MITCO), P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap