RAK attracts investors with up to 50% returns

ICAI investment summit explores options for investing in different asset classes

- BY SAJILA SASEENDRAN Chief Reporter

As an emerging investment hotspot in the UAE, Ras Al Khaimah is offering 30 to 50 per cent Return on Investment (ROI), Abdulla Al Abdouli, CEO of Marjan, told members of the Dubai Chapter of the Institute of Chartered Accountants of India, at an investment summit organised by ICAI in Dubai.

Addressing the summit, CA Jai Prakash Agarwal, Chairman of ICAI Dubai Chapter, said: "For making a dream come true, two things are required — smartness and boldness. Smartness to understand and gather knowledge, boldness to put it into action."