MEED | Aldar announces waterfront development project in RAK
Aldar will partner with Nikki Beach Global to develop the residential development on Al-Marjan Island in Ras al-Khaimah
Source: meed.com
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Aldar acquires DoubleTree by Hilton Resort on Al-Marjan Island
Aldar Properties PJSC, through its Aldar Investment business, has added scale to its diverse and growing hospitality and leisure portfolio with the acquisition of the beachfront resort, DoubleTree by Hilton Resort and Spa Marjan Island, and an adjacent beachfront development plot for a total consideration of 810 million dirhams ($220.5 million).
Source: arabnews.com