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RAK Petroleum is a Public Company Limited (PCL) formed in end 2005 in the free zone of Ras Al Khaimah in UAE. The company has been funded by an initial capital of AED 3 Billion raised by private placement, with a further authorized capital allocation of AED 2 Billion to be offered in the IPO on Dubai International Financial Exchange (DIFX). Major shareholders of the company are large corporations as well as private investors and are mainly from Saudi and UAE; investors from other GCC regions have also taken a keen interest in the company. Strong roots are essential for sustained growth. RAK Petroleum understands this vital factor. Inspired by the vision of His Highness Sheikh Saud bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of Ras Al Khaimah, RAK Petroleum has a strong foundation, tremendous political patronage and access to enormous financial resources. The company has the strength, agility and the clear focus to develop a competitive position from a base in an emirate which is rich with promise and potential - Ras Al Khaimah.

 

Address: PO Box 1223, Ras Al Khaimah, UAE
Telephone: 971 7 2057777
Fax: 971 7 2057778
Website: http://www.rakpetroleum.ae/