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RAK Ruler discusses digital finance with RAKBANK, Mastercard

July 13, 2026 / 5:40 PM
RAK Ruler discusses digital finance with RAKBANK, Mastercard
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Sharjah 24 – WAM: His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, received a delegation from the National Bank of Ras Al Khaimah (RAKBANK) and Mastercard at his palace in Saqr bin Mohammed City.

Focus on financial innovation

The meeting reviewed the importance of advancing the financial services sector, keeping pace with rapid developments in digital payments and financial technology, and strengthening strategic partnerships that foster innovation and enhance customer experiences.

His Highness Sheikh Saud reaffirmed Ras Al Khaimah's commitment to fostering a competitive, innovation-driven business environment that attracts leading global companies and strengthens strategic partnerships that contribute to sustainable economic growth, support the emirate's long-term development, and reinforce the UAE's position as a leading global hub for the digital economy.

Strategic agreement signed

During the meeting, His Highness Sheikh Saud witnessed the signing of a new strategic agreement between RAKBANK and Mastercard.

 

July 13, 2026 / 5:40 PM

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