Investing in
prosperity

We are driving the economic transformation of Ras Al Khaimah.

About IDO arrow

Steering the dynamic rise of Ras Al Khaimah

The IDO is accelerating the evolution of the Emirate into a high-value-add economy, driving the prosperity of our nation for generations to come. We create long-term value through strategic and commercial investments in key sectors, governed with integrity and focused on performance.

Our approach arrow

30%

Contribution to RAK’s
GDP since 2004

28

Portfolio
companies

12

Strategic
sectors

Our companies

We prudently invest and manage a portfolio of companies in a diverse range of industries and sectors, capitalising on the strong growth of the Emirate while managing risk.

Portfolio arrow

Rakez Logo
Committed
 to integrity
We are devoted to a performance-driven culture, led by ethics, sound business practices, and robust governance.

Governance at IDO arrow

We support the positive development of the Emirate and its people, driving employment, entrepreneurship, education and inclusion.
Prosperity beyond returns
We support the positive development of the Emirate and its people, driving employment, entrepreneurship, education and inclusion.

ESG initiatives arrow

Venture with us into uncharted territory

Help shape the future of Ras Al Khaimah with us.

Careers arrow

Work at IDO

Life in RAK

Work at IDO

Life in RAK
CHIEF INVESTMENT OFFICER
Rabih Khouri

Rabih leads the investment team, enhancing IDO’s portfolio performance and executing acquisitions for RAK’s national agenda. With 25+ years of investment experience, he has worked at Arthur Andersen (now EY), McKinsey, Investcorp, and BCG.

Rabih holds a master’s in civil engineering from Ecole Centrale Paris, a CPA, and an MBA from Cambridge University.

JOINED IDO 2020
GENERAL COUNSEL & HEAD OF RISK

Louise Flanagan

Louise leads the legal and risk management function for the IDO and its portfolio. With 20+ years in legal and compliance, she led teams at the National Bank of Abu Dhabi, Herbert Smith Freehills, and Slaughter and May.

Louise holds a BA from King’s College London, an MA from Durham University, and postgraduate legal qualifications from Oxford Brookes and the Oxford Institute of Legal Practice.

JOINED IDO 2018

CHIEF DATA & TECHNOLOGY OFFICER

Rashed Iqbal

Rashed leads Data and Technology at the IDO, helping portfolio companies harness data through governance and analytics to grow and innovate. 

With over 30 years of experience, he has held key roles at Teledyne Technologies, Western Digital, and Synopsys, and has taught part-time at UCLA and UCI. Rashed has also founded ventures in AI/ML, focusing on market prediction, edge computing, and narrative economics. He holds a Ph.D. in Systems Engineering from the University of Sheffield.

JOINED IDO 2018
CHIEF HUMAN RESOURCES OFFICER
Dalia Zaghou

Dalia leads the HR function, providing strategic guidance on HR management, change initiatives, and performance optimization. She collaborates with IDO’s portfolio companies to attract and retain top talent, driving organizational growth.

With 30 years of HR experience at Grant Thornton, EY, PepsiCo, and Al Tayer Group, Dalia’s expertise includes talent acquisition, leadership development, and cultural transformation. She is a Certified Executive Coach (PCC) and holds a Bachelor of Arts degree from the American University in Cairo.

JOINED IDO 2021

CHIEF FINANCIAL OFFICER

Nitin Johar

Nitin leads the finance function for IDO and other government entities. He manages treasury, finance, ratings, and procurement, optimizing capital structure, managing financial risk, and maximizing returns. With 19+ years of experience, he has worked at TATA Administrative Services and TATA Power Group.

Nitin holds an MBA from the Indian Institute of Foreign Trade, a B.Tech from NIT Kurukshetra, and an LLB from Mumbai University.

JOINED IDO 2015
CHIEF AUDIT OFFICER

Razi Doulani

Razi leads the internal audit function for IDO and its portfolio, overseeing audit strategy and various audits. He is an Audit Committee member in several subsidiaries. With 16+ years in auditing, governance, compliance, risk management, and fraud, he has worked at KPMG, EY, and PwC.

Razi holds a BA from Yarmouk University, a Diploma from Henley Business School, and is a Certified Public Accountant.

JOINED IDO 2012