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Al Hamra Group is a prominent real estate development and investment company based in Ras Al Khaimah. The firm specializes in creating master-planned communities, luxury waterfront properties, and commercial projects. It develops and manages integrated lifestyle destinations, significantly contributing to the region's urban and economic growth.
Established in 2003, Al Hamra Group was co-founded by Benoy Kurien, who also serves as Group CEO. Kurien identified Ras Al Khaimah's significant development potential, guiding the company's efforts to transform its real estate landscape. His vision drove the expansion of properties blending residential, hospitality, and leisure, demonstrating early insight into creating holistic environments.
The group serves diverse residents, international investors, and visitors seeking premium living and leisure. Al Hamra's mission is to redefine urban living and contribute to Ras Al Khaimah's economic and social fabric. The company continues to innovate in development, aiming to deliver premier destinations that enhance the emirate's appeal as a global lifestyle and investment hub.
Al Hamra Group has 2 tracked investments across 2 companies. The latest tracked deal is $52.5M Other Equity in Finova Financial in August 2016.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 10, 2016 | Finova Financial | $52.5M Other Equity | Jacob Gibson, 500 Startups, AL Hamra Group, Metamorphic Ventures, MHS Capital, David LEE | SAM Hodges |
| Jul 28, 2016 | AgriWebb | $3.6M Grant / Seed | John Murray | Australian Government |