RAK charity event provides free medical treatment
Ras Al Khaimah Indian Association, in coordination with the Ministry of Health and Gulf Pharmaceutical Industries, organised an AED115,000 charitable event. This event provided 1,500 people with cost free medicines and medical check-ups. Ras Al Khaimah Free Trade Zone’s Chairman, Sheikh Faisal Bin Saqr Al Qasimi inaugurated this event, which was held at the Indian [...]
Turkey aims to attract USD 9bn investment from Gulf Countries
Turkey has the potential to attract an investment worth USD 9 billion from Gulf Investment funds. According to the Turkish Investment Support and Promotion Agency, these funds will mainly be invested into the food and agriculture sector. Three major investment banks in the region, making up the Gulf investment fund, signed a memorandum of understanding [...]
RAK property market to remain strong
The Ras Al Khaimah real estate market, according to Oxford Business Group, will remain robust for the next few years to come. This is attributed to the way Ras Al Khaimah’s property market has positioned itself to meet the increasing long and short term accommodation demanded by foreign visitors. Ras Al Khaimah’s government is driven [...]
Dubai International Airport passenger traffic increases by 9%
Dubai International Airport attracted 37.44 million passengers in 2008, the management company of the airport outlined yesterday. This shows an encouraging growth of 9 percent in passenger numbers from 2007 to 2008. Dubai Airports Company last year unveiled a concourse and terminal worth billions of dirhams for Emirates Airline. This expansion also aided in increasing [...]
Increasing visitors expected to boost Turkish property market
Turkey’s tourism officials have predicted that the number of tourists in 2009 will increase significantly. These figures indicate that overall the visitor numbers are predicted to show a growth of 10%, with the sector bringing in billions of dollars worth of revenue into Turkey. This will directly affect the Turkey property market, giving it a [...]