Arabian Construction secures AED 2 bn contract for Design Quarter development from Meraas
Plus: Moody’s upgrades RAK Bank’s outlook
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Plus: Moody’s upgrades RAK Bank’s outlook
The offering is slated for mid 2025
The emirate will develop water and sanitation projects valued at AED 25.5 bn
The blockbuster IPO — the first of the year — raised some AED 1.57 bn
The fund is expected to have USD bns of assets under management
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