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Ras Al Khaimah seeks Hong Kong, mainland Chinese investors in landmark casino
['Vivian Au']
News - South China Morning Post
A trade delegation from Ras Al Khaimah (RAK), one of the seven emirates of the United Arab Emirates (UAE), is seeking Hong Kong and mainland investors for its first integrated resort, describing the city as a key gateway to Asia and China.
The high-level, three-day mission in Hong Kong this week aimed to raise RAK’s profile and attract regional investment.
During the visit, the delegation met local officials and business representatives to promote the emirate and its landmark resort development – the UAE’s first casino project – to be operated under the brand of Hong Kong-listed Wynn Resorts.
Abdouli said the development included Wynn Al Marjan Island, a signature integrated resort scheduled to open in 2027.
Advertisement“We would like to have a wider window and a broader range of companies to be part of that [investment in Ras Al Khaimah],” he said, adding that the delegation hoped the trip would increase the emirate’s exposure and attract new investors.