tag:blogger.com,1999:blog-34208961.post-52177479975473442992009-06-09T08:30:00.004+04:002009-06-09T13:35:25.129+04:00RAK Govt. to take-over La Hoya Bay island property projectThe RAK Government has agreed to take-over the Dh.2billion La Hoya Bay island property project, which was under threat due to the collapse of its developer.The decision came as a relief to several hundreds of investors who had invests all their savings on the flagship project of the Ras Al Khaimah Investment Authority (RAKIA), located on the man-made island, Al Marjan.The Chief Executive of RAKIAExclusive Dubaihttp://www.blogger.com/profile/14489878657218497807noreply@blogger.com0