Ras Al Khaimah turns to Hong Kong for UAE’s first casino resort
South China Morning Post
Ras Al Khaimah is seeking investment from Hong Kong and mainland China for its first casino resort, Wynn Al Marjan Island.Summary
Ras Al Khaimah (RAK), a UAE emirate, is actively courting investors from Hong Kong and mainland China to fund its inaugural integrated resort, which will include the UAE’s first casino. A trade delegation led by Abdulla Al Abdouli, group CEO of Marjan, conducted a three-day mission in Hong Kong to promote the emirate and the Wynn Al Marjan Island project, slated to open in 2027. Al Abdouli emphasized Hong Kong’s strategic importance as a gateway to Asian and Chinese markets, hoping to broaden the investor base for the development. The resort will highlight RAK’s natural attractions, including its coastline and Jebel Jais mountain, and aims to attract a wider range of companies to invest in the emirate.
(Source：South China Morning Post)