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RAKBANK, officially known as the National Bank of Ras Al Khaimah (P.S.C.) [3], is one of the oldest banks in the United Arab Emirates (UAE). RAKBANK operates as a public joint stock company with its headquarters in Ras Al Khaimah, UAE. The bank’s head office is located in the RAKBANK Building on Sheikh Mohammed Bin Zayed Road, Ras Al Khaimah.
Bank Name [4] [5] Bank name (in Arabic) Head Office (in UAE) Headquarters Stock code (if applicable) [2] [3] National Bank of Bahrain: بنك البحرين الوطني Abu Dhabi Manama, Bahrain: BSB: NBB: Rafidain Bank: مصرف الرافدين Abu Dhabi Baghdad, Iraq: Arab Bank: البنك العربي Abu Dhabi Amman, Jordan: ASE: ARBK ...
Its establishment was linked to a World Bank study and investment promotion event in May 2005 ("Invest and Live in Ras Al Khaimah") [4] initiated and pursued by the Swiss-Lebanese engineer Khater Massaad who was a long-time adviser to Sheikh Saud Bin Saqr Al-Qasimi, the creator of RAK Ceramics and the longtime CEO of RAKIA.
Noor Islamic Bank: Financials Banks Dubai: 2008 Islamic bank P A Opontia: Consumer goods E-commerce Dubai: 2021 E-commerce P A RAKBANK: Financials Banks Ras Al Khaimah: 1970 ADX: RAKBANK: S A Sharjah Islamic Bank: Financials Banks Sharjah: 1976 Islamic bank, ADX: SIB: P A SHUAA Capital: Financials Asset managers Dubai: 1979 DFM: SHUAA: P A ...
A sovereign wealth fund (SWF) is a fund owned by a state (or a political subdivision of a federal state) composed of financial assets such as stocks, bonds, property or other financial instruments. Sovereign wealth funds are entities that manage the national savings for the purposes of investment.
Ras Al Khaimah Economic Zone (RAKEZ) is an Emirati free-trade zone in Ras Al Khaimah in United Arab Emirates. In January 2020, Entrepreneur reported the free zone to have 14,000 companies across 50 industries. [1]
The Ras Al Khaimah Free Trade Zone Authority also has promotion centers in Dubai and Abu Dhabi. Dubai. The RAK FTZ Promotion Centre in Dubai is located in the Boulevard Plaza Tower 2 on Sheikh Zayed Road. Abu Dhabi. RAK FTZ also has a promotion center at Abu Dhabi Mall (Abu Dhabi). The office is located on the first floor of the West Tower.
National Bank of Fujairah provides corporate banking, business banking, and personal banking services along with trade finance, treasury, cash management, precious metals and diamonds, and Islamic banking support. In 2017, the bank was the first conventional bank to join Nasdaq Dubai’s Islamic Murabaha platform for Islamic financing. [3]