The general meeting of the shareholders of "Ras Al Khaimah Properties" approved the company's strategic decision to reinvest profits to accelerate project development, increase asset value, and utilize dynamic real estate in Ras Al Khaimah. Instead of paying dividends this year, it was decided to redirect profits to high-yield investment opportunities.
This step will contribute to sustainable growth and strengthen the company's leading position over the next decade. The meeting approved all questions on the agenda, including the financial report of the company for the fiscal year ending December 31, 2024.
Management expressed confidence that this step would allow "Ras Al Khaimah Properties" to successfully capitalize on the opportunities presented by the real estate market in Ras Al Khaimah.
Speaking about this decision, a company representative said: "We have adopted a strategic decision to reinvest profits into investments that can provide stable income and strengthen our position in the market."
