About RAK Tourism & Investment
Who We Are
RAK Tourism & Investment was formed with a clear mandate: to invest in high-quality tourism assets and strengthen their commercial, operational, and destination potential.
We operate at the intersection of investment, hospitality, development, and asset management. Our role is to act as an owner and strategic steward of tourism assets, ensuring that each property is positioned for long-term performance, guest relevance, and contribution to Ras Al Khaimah’s tourism ambitions.
Our leadership brings together experience across investment, banking, hospitality, real estate, governance, development, and asset operations.
Our Vision
To be a leading hospitality investment platform that strengthens Ras Al Khaimah’s position as a global tourism destination through iconic asset ownership and strategic portfolio growth.
We achieve this vision by:
- Building a world-class portfolio of hospitality and tourism assets
- Creating landmark destinations that elevate guest experiences
- Driving sustainable long-term investment growth
- Partnering with globally recognized operators and industry leaders
- Supporting Ras Al Khaimah’s tourism vision
Our Mission
Our mission is to acquire, manage, and enhance high-profile tourism assets that deliver exceptional guest experiences, support Ras Al Khaimah’s tourism evolution, and generate sustainable value for stakeholders.
We do this by:
- Identifying hospitality assets with strong long-term potential
- Enhancing operational and commercial performance
- Partnering with leading operators and advisors
- Investing in quality, sustainability, and guest experience
- Supporting the wider tourism and economic development of Ras Al Khaimah
Our Core Values
Strategic Vision
We take a long-term view of hospitality investment, aligning asset decisions with market opportunity, destination growth, and stakeholder value.
Excellence in Execution
We believe value is created through disciplined execution, strong governance, operational oversight, and attention to detail.
Integrity & Governance
We operate with transparency, accountability, and institutional standards of governance across all investment and asset management activities.
Sustainable Growth
We pursue growth that is commercially sound, environmentally responsible, and aligned with the long-term prosperity of the destination.
Partnership-Driven
Work with trusted operators, advisors, authorities, and industry partners to deliver stronger outcomes than any single stakeholder could achieve alone.
Innovation & Adaptability
Embrace innovation & forward-thinking solutions to anticipate market shifts, enhance guest experiences, and create distinctive, future-ready hospitality assets.
Guided by Experienced Leadership
RAK Tourism & Investment is guided by a board and leadership team with deep experience across financial services, hospitality, real estate, investment, governance, and strategic asset management.
Meet Our Leadership
Mr. Saqr Hassan
Chairman of the Board
Saqr Hasan is a seasoned UAE-based investor. With over two decades of experience in the financial services sector, he brings a deep understanding of regional markets and investment strategy.
Saqr has recently acquired Cove Rotana Resort, an iconic landmark in Ras Al Khaimah through Cove Resort Holdings Limited (ADGM). Through his broader family network, Saqr maintains significant exposure to the hospitality sector in Jordan and Iraq, where the family owns and operates several five-star luxury resorts in partnership with Kempinski Hotels.
Under his family office, Saqr holds a stake in Rasmala Investment Bank, a DFSA licensed Category 2 firm located in DIFC.
Saqr is a major shareholder in several publicly listed companies in the UAE, including Etihad Energy (formerly Gulf Navigation Holding) and Takaful Emarat.
Saqr has previously served as Board Member for several large public and private companies and also has a long-standing track record of holding senior leadership roles in the banking sector, further solidifying his expertise in financial services.
Dr. Abdulaziz AlAbdullatef
Vice Chairman of the Board
Dr. Abdulaziz Alabdulatef is a senior executive and board leader with expertise across education, tourism, finance, insurance, investment, food agencies, hospitality, and agriculture.
He serves on the Board of Trustees at Al Ain University and holds Vice Chairman roles at RAK Tourism Investment. He is also a board member at Takaful Emirates Insurance and CEO of Al Azizya Investment and Skybridge Properties Holdings Limited. Through these roles, he advances academic quality, sustainable tourism, corporate governance, economic growth, and innovation.
Mohamed Abdul Rahman Amiri
CEO
Mr. Mohamed Amiri is a senior banking executive with over 25 years of experience in the UAE financial services sector. He previously served as Chief Executive Officer of Ajman Bank from 2010, where he led the bank’s strategic repositioning and growth. His earlier career includes senior roles at HSBC, Dubai Islamic Bank, and Dubai Bank.
Mr. Amiri has received several leadership recognitions, including being named among the UAE’s Top 50 CEOs by Arabian Business, and is a recipient of the Islamic Banker Award and the National CEO Award.
He is currently the Founder and Chairman of MirQ Partners Consultancy and serves as a board member of: Ruya Bank, Thumbay Group (Healthcare/ Education), Enrocks Investments.
Mr. Amiri holds a Bachelor’s degree in Management Information Systems and is a graduate of the first cohort of the Mohammed Bin Rashid Program for Leadership Development (MBRPLD).
Mr. Hany Sabry
Managing Director
Hany Sabry is a financial services executive with over 28 years of experience in Islamic banking, investment banking, private banking, wealth management, product development, and risk management. He held senior leadership roles at Abu Dhabi Islamic Bank, Ajman Bank, Dubai Islamic Bank, ...
Mr. Haroon Ahmed
Board Member
Haroon Ahmad is an investment management veteran with over 25 years of experience in leadership roles across global and regional financial institutions, including HSBC and Emirates NBD. As former CEO of Rasmala, he shaped the firm’s strategic direction, overseeing operations and expanding ...
Mr. Henk Meyknecht
Board Member
A hospitality professional with extensive experience in hotel management and operations across international markets. Known for his strategic leadership and commitment to excellence, he has played a key role in driving performance, enhancing guest experiences, and fostering strong team cultures.
