Wednesday, August 4, 2021

Ras Al Khaimah


Abuzz with activity
October 2014 2242

RAS Al Khaimah, one of the quieter Northern Emirates in the UAE, is catching up fast in terms of developments and tourism potential. Here’s a roundup of what’s happening.

WIRE WORLD

Wire World’s new miniature indoor adventure park at Al Hamra Mall in Ras al Khaimah opened mid-October, creating a smaller version of the highly anticipated Wire World outdoor adventure park, which was unveiled at ATM earlier this year.

This can be considered a sneak peek into the largest park of its kind in the world, when it opens in Dubai’s Meydan district. The 2,322-square-metre Wire World Park will feature 70 obstacles, zip lines and rope swings.

The smaller version of the park promotes interactive experiences for children of all ages and will host daily unique sport-oriented activities all though November. This is WL Hospitality Group’s first foray into the adventure parks business within the UAE.

RAK ZOO

In September this year Ras Al Khaimah became home to the UAE’s third largest zoo after Al Ain Zoo and the Emirates Park Zoo in Abu Dhabi. The one million square metre establishment, situated close to Saqr Park, comes with a total bill of Dh17 million ($4.6 million) for the owner Jassim Ali.

Apart from 40 wild, rare and endangered animals, the zoo currently includes an equestrian training club for women and children, a biking circuit, camel rides, restaurants, cafés and corner games for children.

ACTION HOTELS

Action Hotels announced its plans to build a 104-room mid-market hotel in the emirate. The Kuwaiti hotel developer said it was in the final stages of negotiating a long-term management agreement with an operator for the property.

It has signed a 20-year lease agreement on an existing residential property, which it will refurbish and convert into a hotel. The firm said its spend on the project equates to around $46,200 per room.

This move aims to tap into an opportunity to provide branded economy and midscale hotels in Ras Al Khaimah, whose market is currently dominated by luxury properties.

At the recently concluded Cityscape Global, RAK Properties announced plans of its Bermuda Villa residential project.
Ras Al Khaimah’s gross domestic product grew to Dh30.9 billion ($8.4 billion) in 2013 from Dh24.1 billion ($6.5 billion) in 2012, according to the emirate’s Statistical Year Book 2014 released by the Department of Economic Development.


RAS AL KHAIMAH
WIRE WORLD
ACTION HOTELS
RAK ZOO





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