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UAE's RAKBANK says no customers lost from cyber fraud

DUBAI (Reuters) - National Bank of Ras Al Khaimah (RAKBANK) said on Friday that none of its customers had lost any money as a result of a cyber fraud which resulted in a loss at the Gulf bank in 2012. The bank's chief executive, Graham Honeybill, said in a statement: "We are given to understand that the overall fraud encompassed a number of banks not only in the Middle East but in the USA and other countries".

AURAK, MHSU discuss cooperation

A delegation from the Department of Marketing and Public Relations at the American University of Ras Al Khaimah headed by Marketing and PR Manager, Yacoub Al Tahtamouni visited the RAK Medical and Health Sciences University to meet with its Vice Chancellor, Dr. S. Gurumadhva Rao.Present at the meeting were a number of officials from the Department of Marketing and Student Affairs at RMHSU. AURAK's Marketing and PR team wanted to explore the systems and the mechanisms of the media workflow.
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