Al Hamra announces strategic plan with AED1 billion investment in world-class real estate portfolio in Ras Al Khaimah

Al Hamra announces strategic plan with AED1 billion investment in world-class real estate portfolio in Ras Al Khaimah

WAM: Ras Al Khaimah-based real estate development and investment company Al Hamra has unveiled an ambitious five-year roadmap, from 2023-2027, to drive sustained growth through strategic developments, in line with the vision of Ras Al Khaimah’s leadership to establish the Emirate as one of the leading investment, business, residential and tourism destinations.

The company has earmarked an estimated AED1 billion to embark on a development campaign underpinned by significant additions to its existing real estate and hospitality portfolio and optimisation of existing assets, ensuring strategies are in place for a systematic technology upgrade and enhancing customer experience in retail that will further strengthen the brand equity.