Who Owns Ras Al Khaimah Cement Company? RAKIA, ADX & RAK Cement Explained (2026)

Ras Al Khaimah Cement Company PJSC (RAK Cement) is one of the UAE’s major cement producers — leveraging Ras Al Khaimah’s rich limestone deposits to supply the UAE and export to global markets. Listed on the Abu Dhabi Securities Exchange (ADX), RAK Cement is a cornerstone of the northernmost emirate’s industrial economy.

Who Owns Ras Al Khaimah Cement Company?

RAK Cement is majority-influenced by the Government of Ras Al Khaimah — through the Ras Al Khaimah Investment Authority (RAKIA) and related emirate entities — which holds a significant founding and strategic stake. This government influence reflects RAK’s long-standing policy of anchoring industrial assets within emirate-controlled entities. The remaining shares are held by UAE nationals, institutional investors, and public shareholders via the ADX listing. RAK Cement benefits from Ras Al Khaimah’s geological advantage — the emirate has some of the largest and highest-quality limestone reserves in the Arabian Peninsula, making it a natural hub for cement production and clinker export.

RAK Cement’s Export Reach

Beyond supplying the UAE domestic market, RAK Cement is a significant clinker and cement exporter — shipping to East Africa, South Asia (India, Bangladesh, Sri Lanka), and other emerging market construction hubs. The Khor Khwair facility on Ras Al Khaimah’s coast provides direct port access, enabling efficient bulk loading for export vessels. RAK Cement competes domestically with Union Cement, Sharjah Cement, Fujairah Cement, and Arkan Building Materials across the UAE construction materials market.