Under the merger, Marjan will lead new master developments, including Al Marjan Island, RAK Central, Marjan Beach, and a new Jebel Jais masterplan, integrating mixed-use projects with lifestyle infrastructure
The 8.37 million square foot gross floor area project spans 3.1 million square feet of land and is positioned as a business hub with commercial, residential, retail and hospitality components
Developed in partnership with Mira Developments, this ambitious project is a mixed-use destination that will redefine Al Mairid’s status as an investment and tourism hub
While the exact timeline for obtaining a gaming licence remains uncertain, Billings noted that the creation of GCGRA provides clarity for investors and financial institutions
W Al Marjan Island will include 300 rooms and is slated to open in Ras Al Khaimah in 2027
The multi-purpose integrated resort – the first in the MENA region by Wynn Resorts – marks the largest of its kind foreign direct investment in Ras Al Khaimah