Ras Al Khaimah Investment Authority - RAKIA

Filed Under » , , ,
Dictionary Says

Definition of 'Ras Al Khaimah Investment Authority - RAKIA'

An organization established under a 2005 decree issued by the ruler of Ras Al Khaimah in United Arab Emirates (UAE). RAKIA's vision is to become the leading authority in making sound investments in Ras Al Khaimah and partner with other parties who share this vision in order to create a sustainable and growing economy. The formation of RAKIA has been an important step towards meeting the Ras Al Khaimah royal family's objective of making the emirate a regional hub for manufacturing, service and tourism.

Investopedia Says

Investopedia explains 'Ras Al Khaimah Investment Authority - RAKIA'

Ras Al Khaimah is a 35-45 minute drive from Dubai. Businesses set up in RAKIA's free trade zones enjoy several advantages such as complete exemption from all taxes, total repatriation of capital and profits, and land leases at highly concessional rates.

Articles Of Interest

  1.

    Dubai May Be Least Of World's Debt Problems

    Sovereign borrowers, including the U.S., face reckoning.

  2. Meet OPEC, Manager Of Oil Wealth

    This organization's decisions can influence oil prices, but there is a limit to its power.

  3. Introduction To Treasury Inflation-Protected Securities (TIPS)

    If you want to protect your portfolio from inflation, all you need are a few TIPS.

  4. 6 Asset Allocation Strategies That Work

    Your portfolio's asset mix is a key factor in whether it's profitable. Find out how to get this delicate balance right.

  5. A Top-Down Approach To Investing

    Use a global view to determine which stocks belong in your portfolio.

  6. How Risk Free Is The Risk-Free Rate Of Return?

    This rate is rarely questioned - unless the economy falls into disarray.

  7. Evaluating Country Risk For International Investing

    Investing overseas begins with determining the risk of the country's investment climate.

  8. Investing In China

    Investment opportunity is huge in China. However, investors should consider the pitfalls, understand the risks and rewards, focus on shareholder-friendly companies and stick to investments they ...

  9. Introduction To American Depositary Receipts (ADRs)

    Investors should look beyond the confines of the U.S. borders to diversify and maximize returns. ADRs are one way to diversify your portfolio and help you achieve better returns when the U.S. ...

  10. Investing With A Purpose

    Your reasons for investing are bound to change as you go through the ups and downs of life. Setting goals is the first step in determining which investment vehicles are right for you.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Network Effect

    A phenomenon whereby a good or service becomes more valuable when more people use it. The internet is a good example...

  2. Racketeering

    Racketeering refers to criminal activity that is performed to benefit an organization such as a crime syndicate. Examples of racketeering activity include...

  3. Lawful Money

    Any form of currency issued by the United States Treasury and not the Federal Reserve System, including gold and silver coins, Treasury notes, and Treasury bonds. Lawful money stands in contrast to fiat money, to which the government assigns value although it has no intrinsic value of its own and is not backed by reserves.

  4. Fast Market Rule

    A rule in the United Kingdom that permits market makers to trade outside quoted ranges, when an exchange determines that market movements are so sharp that quotes cannot be kept current.

  5. Absorption Rate

    The rate at which available homes are sold in a specific real estate market during a given time period.

  6. Yellow Sheets

    A United States bulletin that provides updated bid and ask prices as well as other information on over-the-counter (OTC) corporate bonds...
Trading Center