Our Business Model

Joint Venture

RAK Holding has many plans to expand its operations out of its HQ area by having joint ventures with prequalified individuals or businesses. We recognize that such joint will mean purposed partnerships under some agreed conditions, depending on the venture's nature, duration, returns, partners involved, etc…

Our joint ventures can be for one specific project only (where we call it consortium), or a continuing business relationship. We will accept the joint ventures even the ratios of capital, time devoted; efforts provided are different between the two parties.

In a joint venture locally or abroad, many factors are to be considered by RH such as Capital Ratios, Duties and obligations of each party, Shares of each party, Decision making conditions, Profit distribution, Management policies, Accounts control, Loss considerations, Legal authorities among partners, Communications and documentation system