RAK Properties PJSC 2021 AR2
The report highlights RAK Properties' financial, operational, and sustainability performance for the fiscal year 2021, marking the release of its inaugural ESG Sustainability Report. Financially, the company achieved a net profit of AED 201.47 million and grew its total assets to AED 6.21 billion. Operationally, RAK Properties advanced key developments, including the Marbella beachfront villas on Hayat Island and the Julphar Residence in Abu Dhabi, while connecting power supply in Mina Al Arab to Etihad Water and Electricity to reduce utility costs. On the sustainability front, the company initiated efforts to align with the ADX ESG disclosure standards and the UN Sustainable Development Goals, focusing on environmental protection, digitization, and increasing national representation through its Emiratisation rate of 19%.
Company: RAK Properties PJSC
Sector: Real estate
Country: United Arab Emirates
Year: 2021
Type: AR2
Pages: 117
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RAK Properties PJSC
Annual Report
The report highlights RAK Properties' financial, operational, and sustainability performance for the fiscal year 2021, marking the release of its inaugural ESG Sustainability Report. Financially, the company achieved a net profit of AED 201.47 million and grew its total assets to AED 6.21 billion. Operationally, RAK Properties advanced key developments, including the Marbella beachfront villas on Hayat Island and the Julphar Residence in Abu Dhabi, while connecting power supply in Mina Al Arab to Etihad Water and Electricity to reduce utility costs. On the sustainability front, the company initiated efforts to align with the ADX ESG disclosure standards and the UN Sustainable Development Goals, focusing on environmental protection, digitization, and increasing national representation through its Emiratisation rate of 19%.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees