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Al Marjan Island (AMI) takes part at the Global Real Estate Institute – London Forum

Al Marjan Island (AMI) takes part at the Global Real Estate Institute – London Forum

Al Marjan Island (AMI) Company, a leading waterfront development company in the UAE, has taken part in the Global Real Estate Institute (GRI) – London Forum, a global club of senior level investors, developers and lenders in real estate.

The international forum gathered the world’s leading real estate players to develop valuable relationships, find new business partners, and strengthen their global networks.

AMI was the only Arab participant in London event that gathered 144 participants. The event enabled senior industry leaders to share and learn in as natural, spontaneous and collegial a setting as possible.

Architect Abdullah Rashed Al Abdouli, Managing Director of AMI Company participated in a discussion session entitled “Co- Investing – When does it make sense?”. Al Abdouli highlighted in the discussion the investment trend in Ras Al Khaimah as an efficient alternative to direct investment in equities or bonds, offering diversification opportunities at a moderate cost and with a relatively low level of risk.

“GRI – London is unique because it offers ideal engaging opportunity with peers in the industry. The concept of the event allowed all participants at one session to exchange opinions and experiences. AMI tends to continue explore diverse collaboration opportunities where possible,” added Al Abdouli.

“We recently concluded a very successful week in the Arabian Hotel Investment Conference (AHIC) in Dubai. We aim to meet investors who share the same vision and present the unique investments benefits available in Ras Al Khaimah,” elaborated Al Abdouli.

AMI recently made strategic partnerships, one with Mövenpick Hotels & Resorts to launch its first resort in Ras Al Khaimah, and another with SuperCasa to develop a 5-star hotel on a 75,000 sq.ft. plot on the island.

AMI offers ideal benefits for investors or developers including 100% ready infrastructure, 100% utilities availability. Also, the emirate boasts a strong economy ranked recently as one of the most promising economies. This is also supported with free-tax benefit plus additional advantages for investors.

Al Abdouli added that Ras Al Khaimah has reinforced its position as a premier investment destination in the world thanks to its advanced infrastructure, world-class communications, unique investment environment and competitive return on investment (ROI) that tops the list of ROIs in the Middle East and North Africa (MENA) region.

Al Abdouli added that Ras Al Khaimah is gaining further global significance as far as investments are concerned as the market of Ras Al Khaimah pays special attention to the return on investment.

Al Abdouli stressed that Ras Al Khaimah offers ample investment opportunities where British and European private sectors are called to take part in the development of Ras Al Khaimah as part of the emirate’s economic drive.

“We shared insights with global leaders in the industry and presented the exceptional investment opportunities available in Ras Al Khaimah,” he concluded.

AMI, a man-made island is located in Ras Al Khaimah. Extending a vast 4.5 kilometers into the sea, the island covers an area of 2.7 million square meters. Set against the picturesque backdrop of the Arabian Peninsula, Al Abdouli said there are various investment plans to be announced in the short-term period that will further enhance RAK’s position on the regional and international map.

About The Author

Zamil Safwan

As a seasoned telecom engineer with a diverse background, I bring a wealth of experience to the ICT news sphere. My expertise extends beyond traditional telecommunications, delving into the realms of Digital Transformation, Online Advertising, E-commerce, and Start-ups. I possess a strong entrepreneurial spirit, complemented by a keen understanding of the fintech sector, where technology meets finance. This unique blend of skills allows me to offer insightful and informed perspectives on the intersection of finance, technology, and telecommunications in the rapidly evolving digital landscape.

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