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عربي

Investment and Development Office (Government of Ras Al Khaimah)

  
Also known as: IDO, RAK Invest
 
 
 
 
 
 
 
 
 
Updated: Dec 14, 2010
 
 
 
Country

UAE

Ownership Type
Company Type
Non-Corporate Entity
 
 
 
 
Principal Activities
Investment arm of Ras Al Khaimah Government.
 
Date of Establishment Year
2004 (January)
 
No of Employees
17 Company, N/A Group (As of Dec 10, 2010)
 
 
Contact Details
Address:
RAK Insurance Building
2nd Floor
Al Nakheel Area
P.O. Box 12222
Ras Al Khaimah 
United Arab Emirates
 
Tel:
+971 7-227-7888
 
Fax:
+971 7-227-7887
 
Email:
info@rakinvest.ae
 
Website:
www.rakinvest.ae
 
Related Links:
www.rak.ae
www.binmajid.com
www.towerlinks.com
www.khatthotel.com
www.rakhospital.com

 
 
 Sukuk Details
Sukuk Name:
RAK Capital Sukuk II (Tranche 1)
Type of Structure:
Ijarah
Issue Size (mil):
USD  400.00
 
Sukuk Name:
RAK Capital Sukuk II (Tranche 2)
Type of Structure:
Ijarah
Issue Size (mil):
USD  400.00
 
 
 Major Shareholders   
Name   Type  Country  Holding 
Government of Ras Al Khaimah  Government UAE 100.00% 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
Arab Company for Animal Production UAE 50.00%
Al Hamra Fort Hotel and Beach Resort UAE -
Bin Majed Beach Hotel and Resort UAE -
Hilton Ras Al Khaimah Resort and Spa UAE -
Khatt Springs Hotel and Spa UAE -
Ras Al Khaimah Education Company UAE -
Ras Al Khaimah Hospital UAE -
Ras Al Khaimah Hotel UAE -
Tower Links Gulf Clubs UAE -
Investments
Name  Country  Holding 
Ras Al Khaimah Poultry and Feeding Company UAE 5.44%
Developments and Projects
Name  Country  Holding 
Saraya Islands UAE -
 
 
 Representatives
Auditors
Deloitte and Touche Middle East