The developer said that the suit contends that RAKIA and its subsidiary Rakeen “engineered a deliberate attempt to defraud Khoie Properties in a scheme to take over the La Hoya Bay project.” ...

Massaad appointed Mikadze as CEO of Rakeen Georgia while the former was the CEO of Rakia. Ras Al Khaimah ... Massaad fled the UAE in 2012 and is currently in Saudi Arabia, awaiting extradition ...

Swiss national is likely to face new charges and has already been convicted in the UAE for corruption and ... his tenure as the head of the RAK Investment Authority, known as RAKIA" and that ...

As such, it’s the evolution of Ras Al Khaimah’s free zone landscape, a story that started with the foundation of RAK FTZ in 2000 and the establishment of RAKIA in 2005 ... level of industrialisation ...