RAK Properties gears up for major eco-initiatives

Press release
Published March 24th, 2016 - 09:31 GMT

Mangrove Cleanup
Mangrove Cleanup

RAK Properties PJSC, Ras Al Khaimah’s biggest property developer listed on the Abu Dhabi Stock Exchange, is committed to eco-initiatives activities as part of its environmental protection efforts. The developer has coordinated with the Waste Management Authority of Ras Al Khaimah’s Public Works and Services Department and provided access to a mangrove forest within its Mina Al Arab waterfront development for cleanup. It has also participated in the local observance of the international Earth Hour on March 19, 2016.

Each year, local authorities organize a beach cleanup campaign with the support of the community, businesses and schools. RAK Properties, one of the campaign’s regular supporters, accommodated a volunteer group of high school students from Ras Al Khaimah Academy last Friday who collected marine debris along the coastline adjacent to Mina Al Arab, a master development embodying RAK Properties’ philosophy and promise of ‘Living closer to nature.’ Special resource speakers from the Environment Protection & Development Authority discussed the importance of beach clean-up activities. 

RAK Properties has also switched of non-essential lights at all of its projects in celebration of this year’s Earth Hour which was on Saturday, March 19, 2016. Organized annually by the World Wide Fund for Nature, Earth Hour is a worldwide movement that encourages individuals, communities, households and businesses to turn off their non-essential lights for one hour from 8:30 to 9:30 pm and even onwards as a symbol of their commitment to the planet.

The initiatives are in line with RAK Properties’ full commitment to the preservation and protection of the environment and natural resources.

Mohammad Sultan Al Qadi, Managing Director and CEO, RAK Properties, said: “Ras Al Khaimah’s rich and diverse ecosystem comprises various marine, desert, land and mountainous elements.  The government’s development strategy focuses on accelerating modernization without neglecting the preservation of our environmental heritage and has taken the necessary steps to ensure that future generations enjoy these natural resources. RAK Properties recognizes the vital role we can play in protecting and preserving the environment. Our active participation in the annual beach cleanup campaign as well as this year’s Earth Hour provides us with ideal platforms to support local sustainability and encouraging the community, especially youths, to realize the significance of appreciating, preserving and protecting natural wealth.”

Background Information

RAK Properties

RAK Properties is a Public Joint Stock Company (PJSC) formed in 2005 with the support of the Government of Ras Al Khaimah (RAK).

Founded in line with the vision of His Highness Sheikh Saud Bin Saqr Al Qasimi,  Ruler of Ras Al Khaimah, RAK Properties aims at supporting and promoting the economic growth of Ras Al Khaimah as well as assisting the emirate’s community development initiatives. RAK Properties will also maximize shareholders’ value through its development projects in the coastal and inland areas of Ras Al Khaimah. 

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