Ras Al Khaimah Investment Authority

United Arab Emirates – Ras Al Khaimah US$ 1.2 Billion Origin: Oil

Profile Directories

Sovereign Wealth Funds

Public Funds

Established: 2003
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Firm Investment Style: Mixed
Entity Structure: Corporation

Fund Details

Main Office
RAK Investment Authority
Government of Ras Al Khaimah
P.O.Box No. : 31291
Ras Al Khaimah
United Arab Emirates
Tel: +971 7 206 8666

Strategy & Objectives
Their investment portfolio includes direct stakes in domestic and regional businesses. They also invest in foreign firms setting up operations in Ras Al Khaimah.

Governance
It is controlled by the government of Ras Al Khaimah.

RAK Investment Authority

Summary
The Ras Al Khaimah Investment Authority (RAKIA) is based in the United Arab Emirates.

Background
The RAK Investment Authority (RAKIA) was constituted as per Emiri Decree No. (2)/ 2005 issued by H.H. Sheikh Saqr Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah. The mandate for the authority is to work towards reinforcing the investment climate in the emirate and to promote its various economic sectors.

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