7 Days in Dubai - - BUSINESS -

RAK Prop­er­ties has re­ported in­creased prof­its dur­ing the first half of this year, with rev­enues in ex­cess of Dhs147 mil­lion be­tween Jan­uary and June. The re­ported half-year fig­ures re­veal a 70.5 per cent in­crease in net prof­its when com­pared with the same pe­riod in 2015 – up to Dhs38.69 mil­lion from Dhs22.69 mil­lion last year. To date, RAK Prop­er­ties’ to­tal as­sets are val­ued at Dhs4.77 bil­lion as of June 30, 2016.

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