Ras al-Khaimah Magistrates Court approved on May 30 that the Saudi Company "AL Mawashi" is the legal owner of a 170,000 square meters land plot in Ras al-Khaima Emirate, in the United Arab Emirate. According to the Kuwaiti newspaper, Al-Rai al-Aam , the company has owned this land plot since the 1970s. It is expected that the land will be re-evaluated soon by specialized real estate bodies. Its updated value ...