Al Razouki has in its Board of Directors Mr. Abdul Razak Abdul Aziz Al Mutawa - a prominent UAE National with active interest in Civil Construction Industry and a leading businessman of Dubai as Chairman. Mr Murij Manghnani, - a leading NRI of UAE and presently Chairman of the famous ITL Group – Cosmos as Vice-Chairman. Mr.Mohammed Sharif Mohammed Hadi Al Hadi, - a prominent UAE National, Ex-Executive of UAE Central Bank, presently a leading businessman and Dr. Ram Buxani - a leading NRI of UAE, Group President of the famous ITL Group – Cosmos as Directors.
The Company is Board Managed and fully professionalized. General Manager is the Key Person looking after the affairs of the company with directions of the board. General Manager (Executive from Canara Bank) and the Branch Managers are deputed from Canara Bank. At present following are our correspondent Banks in India -
1) Canara Bank
2) South Indian Bank Ltd
3) Federal Bank
4) Syndicate Bank
5) InduSind Bank
6) Indian Overseas Bank
Al Razouki is also having Remittance Drawing Arrangement with a host of banks in
1) Srilanka ( Bank of Ceylon, Peoples Bank, Commercial Bank of Ceylon )
2) Philippines ( Metro Bank, Land Bank )
3) UK (Canara Bank London)
Besides engaging in currency exchange activities, Al Razouki is one of the Agents of Western Union Money Services. Under this arrangement money can be sent / received within minutes worldwide. It is also having agency of Xpress Money, International Money Express (IME), Everest Remit, Himal Remit, Trans Fast and Speed Remit.
Al Razouki is the authorised agent for disbursement of wages under WPS.
The Company’s Head Office is located in Al Raffa Burdubai. Presently it has 16 branches in various Emirates of UAE viz Deira (Tel 04-2267582), Karama (Tel 04-3378216), Al Qusais (Tel 04-2615578), Hor Al Anz (Tel 04-2694636), Jebel Ali Free Zone (Tel 04-8815238), Al Raffa (Tel 04-3933909), Sharjah (Tel 06-5624129), Abu Dhabi (Tel 02-6222156), Ajman (Tel 06-7426449), Alquoz (Tel 04-3411187), Sharjah Indl Area (Tel 06-5429166), Ajman Indl Area (Tel 06-7484538), and Jebel Ali Indl Area (04-8804337), DIP Jebel Ali (Tel 04-8848005), ICAD REsi. City Mussafah (Tel 02-5502939) and Muhaisinah - Sonapur (Tel 04-2510591).
The Company has made rapid strides in business due to the excellent customer service and customer care provided all through these years since inception.