Government of Ras Al Khaimah Finance Department building
Government of Ras Al Khaimah

Sound financial  governance for a prosperous Emirate

The Department of Finance plans, governs and modernizes public resources across every government entity in Ras Al Khaimah

AED 44.2B
GDP
5–6%
REAL GDP GROWTH
26.7%
MANUFACTURING LEADING GDP SECTOR
A+
CREDIT ASSESSMENT
Finance Department and partners in discussion
Our mandate

Managing public resources with discipline and purpose

We plan, budget, govern expenditure and deliver financial services so that every government entity in Ras Al Khaimah has the resources to serve the Emirate well. Our work is guided by transparency, institutional integrity and long-term fiscal sustainability.

What we focus on

Three pillars of financial governance

01

Financial planning

We lead the development and implementation of the annual budget for all RAK government departments by ensuring resources are allocated with clarity and accountability.

02

Institutional capability

We develop financial competence across government by building the systems, skills and standards that enable departments to manage their resources effectively.

03

Resource governance

We work to achieve optimal management of public assets and funds by providing financial consultancy, controlling costs, and ensuring every resource delivers real value.

Leadership

A clear direction

Salim Sultan Alowais - His Excellency Director General, Department of Finance
RAK DEPARTMENT OF FINANCE

Salim Sultan Alowais

His Excellency Director General, Department of Finance

H.E Director General is responsible for overseeing the emirate's public finances, ensuring sustainable economic growth, and managing government revenues, expenses, budgeting, and financial legislation.