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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Compliance/Regulation/Legal

UAE SWF sees more property regulators spring up

Posted on 30 June 2009

From Maktoob.com: UAE-based sovereign wealth fund Ras Al Khaimah Investment Authority (RAKIA) on Monday said it has set up the RAKIA Real Estate Regulatory Agency to protect real estate investors in the emirate.

The agency will oversee the implementation of the escrow account law for freehold projects, RAKIA said in an emailed statement……..Full Article: Source


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