RAK plans to take on Dubai as luxury hub, gateway
- Date: 10-Jul-2023
- Source: Al Bawaba
- Sector:Financial Services
- Country:UAE
RAK plans to take on Dubai as luxury hub, gateway
ALBAWABA – The United Arab Emirates’ (UAE) Ras Al Khaimah (RAK) is looking to carve up a slice of wealth for itself from all the investments fluxing into the rest of the UAE.
The northern UAE emirate has reportedly landed a $3.9 billion deal with Las Vegas-based Wynn Resorts Ltd. to build a gaming resort project on the coast.