| 29.10.2010 - Kuwait condoles loss of Ras Al-Khaimah ruler |
| From Arabtimesonline.com: The emirate has its own sovereign wealth fund, the Ras Al Khaimah Investment Authority (RAKIA), which has a portfolio of around $2 billion. In official recognition of Sheikh Saud’s succession to the post of emir, the UAE’s Federal Supreme Council “expressed its full support for Sheikh Saud as ruler of Ras al-Khaimah,” in a statement carried by the news agency..............................................Full Article: Source |