Hutchison Ports starts terminal operations at Saqr Port
Hutchison Ports announced the official commencement of its terminal operation at Saqr Port in the emirate of Ras Al Khaimah.
Ras Al Khaimah
Rakbank’s ratings affirmed with a ‘stable’ outlook
CI has affirmed the Financial Strength Rating of Rakbank at ‘A-’, given its solid capital ratios, strong profitability, sound asset quality and liquidity.
Ras Al Khaimah unveils a new Corporate Registry jurisdiction
Ras Al Khaimah has unveiled RAK International Corporate Centre as its Corporate Registry jurisdiction for International Business Company incorporation.
Julphar CEO to depart; Jerome Carle named Acting GM
Julphar has announced the departure of its CEO Ayman Sahli, and the appointment of Jerom Carle as Acting General Manager.
RAK Ceramics profit down 37% in 2016
RAK Ceramics, one of the largest ceramics’ brands in the world, has posted a 37 per cent drop in its 2016 net profit to AED 216mn.
RAK Ceramics in full acquisition of European units
RAK Ceramics, one of the world’s largest hi-tech manufacturers of lifestyle ceramics solutions, has announced that it now has complete control of both its British and German affiliates.
RAK Ceramics in full acquisition of its Indian subsidiary
RAK Ceramics, a global hi-tech manufacturer of lifestyle ceramics solutions, has acquired the remaining 8% minority share of its subsidiary RAK India.
Ramy Jallad appointed as Acting CEO of RAKIA
Ras Al Khaimah Investment Authority (RAKIA) has appointed Ramy Jallad as Acting CEO, replacing Rino Sabatino who has resigned from his role as CEO.
Ras Al Khaimah to get a new water desalination plant
Utico Middle East and Spanish energy company GrupoCobra have announced a joint venture to construct a AED 719 million water desalination plant in Ras Al Khaimah.