AURAK Cuts Ribbon on New RAKBANK Building

The American University of Ras Al Khaimah (AURAK)hosted a ribbon cutting ceremony to celebrate the official Grand Opening of the RAKBANKBuilding, which currently houses AURAK’s School of Business and the Office of Academic Support Services. The ceremony was attended by His Highness Sheikh Saud Bin Saqr Al Qasimi, United Arab Emirates Supreme Council Member and Ruler of the Emirate of Ras Al Khaimah; AURAK administration including AURAK President, Professor Hassan Hamdan Al Alkim, the Vice President of Student Success and Academic Affairs and Provost, Professor Stephen Wilhite, and other top representatives; RAKBANK administration including the bank’s chairman, Mr. Mohammed Omran Al Shamsi, bank’s Chief Executive Officer, Mr. Peter England, and other top representatives; and representatives from Al Nuami Group, all contributing institutions to the construction of the new facility. Sheikh Saud Bin Saqr Al Qasimi, top representatives from each party, and honored guests toured the new building and discussed its future potential. 

The new RAKBANK Building has been unofficially in service since the beginning of the Fall semester, it's brand new facilities hosting classrooms, service events, and beginning a gradual process of integrating Business and Academic Support faculty and staff into new office settings. Faculty, Students, and Staff have been delighted by the new facilities, the opportunities they bring, and the clear evidence of support shown to AURAK by the business and banking community of the region.

Professor Al Alkim, was humbled by the continued patronage and support shown by H. H. Sheikh Saud bin Saqr Al Qasimi, RAKBANK, and the Al Nuami Group, “Investments and enterprises with distinguished contributors such as these are critical to the successful construction of educational facilities essential for developing young minds.  We will forever be indebted to these esteemed benefactors as they have altruistically helped lay a solid foundation for a prosperous future for both AURAK and the Ras Al Khaimah community.”  

Commenting on the announcement of the new RAKBANK building at AURAK was RAKBANK’s CEO, Peter England, “RAKBANK is committed to providing exceptional opportunities to the country’s business leaders of tomorrow, our support of setting up AURAK’s School of Business and the Office of Academic Support Services is just another medium where the Bank can invest in the development of the student’s knowledge and skills, which aims to help them prepare for future positions where they can play influential roles in the UAE and the development of its economy as a whole.”

The ceremony concluded with an intimate reception, including an orchestra performance by members of AURAK faculty and staff, where all of the contributors discussed the University's vision and future plans.