Raqmiyat
Raqmiyat is a Dubai-headquartered, family-owned GCC system integrator delivering digital transformation, banking technology, cybersecurity, and managed services to 550+ enterprise and government clients across the UAE, Saudi Arabia, and India via 15+ global vendor partnerships.
- Company typePrivate
- Founded1991
- HeadquartersDubai, United Arab Emirates
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Raqmiyat does
Raqmiyat is a privately-held GCC system integrator and digital transformation provider headquartered in Dubai, UAE, controlled by the Al Ghurair family, with additional offices in Abu Dhabi, Riyadh, and Chennai. Operating for approximately 30 years, the company delivers three core solution pillars: Smart Business Solutions (cybersecurity, enterprise analytics, quality engineering, observability, ERP for SMEs, and digital innovation); Technology Support Services (IT staffing, managed services, and Microsoft services); and Banking & Finance Solutions, organized as a Center of Excellence covering RPA, analytics, chatbots, digital banking, payment systems, blockchain and cloud, testing automation, and financial peripherals including SmartSource check scanners. The company also sells two proprietary banking products, ICCS Corporate (remote cheque scanning) and FTS (financial transaction processing), and runs the S.P.A.C.E. delivery framework.
Technically, Raqmiyat's stack is assembled almost entirely through partnerships with global technology vendors — Palo Alto Networks (NextWave Traps specialization), MongoDB, Automation Anywhere, Kore.ai, Yellow.ai, Kofax, Software AG, OutSystems, SAP, Ivanti, Ivalua, eMudhra, Dynatrace, Alteryx, Lumenore, X0PA AI, Bluering, and Codebase Technologies — supported by ISO 9001:2015 and CMMI-DEV Level 3 (re-certified) process certifications. No proprietary foundation models, public APIs, or SDKs are disclosed, and AI/ML capabilities (NLP-based chatbots, intelligent document processing, predictive credit and HR analytics) are surfaced primarily through these partner platforms rather than built in-house.
Commercially, Raqmiyat operates a B2B, sales-led model with a substantial channel/reseller component, reaching enterprise and government clients through direct field sales and 15+ vendor partner channels across the UAE, Saudi Arabia, and India. Revenue is generated across professional services and system integration, IT managed services, and software resale and licensing, all priced via quote-based enterprise contracts rather than published pricing. The company reports serving 550+ organizations across the GCC, including 50+ banking and financial institutions, with primary verticals being BFSI, government and public sector, aviation, and utilities.
Raqmiyat firmographics
Firmographics- Name
- Raqmiyat
- Legal name
- Raqmiyat LLC
- Website
- https://raqmiyat.com
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Raqmiyat is a Dubai-headquartered, family-owned GCC system integrator delivering digital transformation, banking technology, cybersecurity, and managed services to 550+ enterprise and government clients across the UAE, Saudi Arabia, and India via 15+ global vendor partnerships.
- Ownership category
- akta.pro rank
Raqmiyat industry classification
Industry- Product category
- IT System Integration and Digital Transformation Services
- NAICS
- Computer Systems Design and Related Services (54151), Computer Systems Design and Related Services (5415), Computer Facilities Management Services (541513), Computer Systems Design Services (541512)
- SIC
- Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Network, Infrastructure & Data Center Integration (BPAEAAAK)
- akta.pro secondary industries
- Software/Application Support (SaaS, Enterprise Apps) (BPAAACAC), Technology, Software & IT Services (FSABACAJ), Data Center Operations & Managed Services (Remote Hands, NOC/SOC) (HDABANAA), Configuration Management Database (CMDB) Platforms (HDAEALAE)
Keywords
Where Raqmiyat is headquartered
LocationHeadquarters
- HQ city
- Dubai
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Offices4 records
Markets served
Raqmiyat business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Professional Services and System Integration: End-to-end IT and enterprise business solutions implementation services including application support, maintenance, and implementation. Services encompass emerging tech, digital transformation consulting, and integration with minimum disruption to scale and improve operational efficiency.
- IT Managed Services: Managed service support for different levels of customer projects including IT staffing, contract staffing, IT recruitment outsourcing, and Microsoft services. Right-sizing IT support with qualified experts and resources.
- Technology Resale and Licensing: Authorized reseller and regional business partner for multiple technology vendors including MongoDB, Automation Anywhere, Kore.ai, Ivanti, Kofax, Yellow.ai, Alteryx, Software AG, OutSystems, Ivalua, Codebase Technologies, Bluering, X0PA AI, eMudhra, and Palo Alto Networks. Revenue generated through software licensing, resale margins, and partnership fees.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Raqmiyat product offering
Product offeringCore offering
Raqmiyat is a system integrator and digital transformation enabler serving enterprise and government clients in the GCC region. The company delivers end-to-end IT and enterprise business solutions across three pillars: Smart Business Solutions (Cybersecurity, Enterprise Analytics, RPA, ERP for SMEs, Digital Innovation), Technology Support Services (IT staffing, IT managed services, Microsoft services), and Banking & Finance Solutions (RPA, Analytics, Chatbots, Digital Banking, Payment Systems, Blockchain, Financial Peripherals). As an authorized reseller and regional partner for 15+ global technology vendors including MongoDB, Automation Anywhere, Palo Alto Networks, and Kofax, Raqmiyat combines vendor solutions with its own proprietary products (ICCS Corporate, FTS, S.P.A.C.E. framework) and 30 years of regional delivery experience.
Product overview
Raqmiyat is a system integrator and digital transformation enabler operating for 30 years in the Middle East, with a portfolio of three core solution areas: Smart Business Solutions (SBS), Technology Support Services, and Banking & Finance Solutions. The Smart Business Solutions pillar encompasses Cybersecurity, Enterprise Analytics, Quality Engineering & Testing, Observability/Visibility/Monitoring, ERP for SMEs, and Digital Innovation. Technology Support Services includes IT Staffing, IT Managed Services, and Microsoft Services. Banking & Finance Solutions (CoE) delivers RPA, Analytics, Chatbot Solutions, Digital Banking, Payment Systems & Hubs, Blockchain & Cloud, Testing Automation, and Financial Peripherals (SmartSource Check Scanners, HLS4). The company also offers specialized products including ICCS Corporate (cheque scanning) and FTS for financial institutions. Raqmiyat's transformation framework (S.P.A.C.E.) emphasizes Strong (500+ team), Proficient delivery, Anchored heritage with Al Ghurair Group, Catalyst for 550+ transformations, and Enterprising innovation. Partner ecosystem includes Alteryx, OutSystems, MongoDB, Automation Anywhere, Kore.ai, Yellow.ai, Kofax, Codebase Technologies, Software AG, SAP, eMudhra, Ivanti, Ivalua, Dynatrace, Bluering, Lumenore, and X0PA AI.
Differentiator
Problem solved
Functional benefit
Products and services
- Smart Business Solutions (SBS)
Companies that use Raqmiyat
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
Raqmiyat technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration17 records
AI capability17 records
Feature3 records
Raqmiyat partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and strategic.
- LumenorecoreStrategic partnership to revolutionize data analytics in UAE and KSA. Raqmiyat serves as the strategic partner for Lumenore's data analytics solutions in the region.
- AlteryxcoreRaqmiyat and Alteryx join forces to accelerate data-driven insights through accessible analytics. Partnership enables Raqmiyat to deliver Alteryx's analytics automation platform to enterprise customers in UAE and KSA.
- BlueringcoreStrategic partnership to deliver cutting-edge Digital Lending Solutions to banks across UAE and KSA. Combines Raqmiyat's digital transformation expertise with Bluering's Credit Automation and Credit Risk solutions.
- KofaxcorePartnership agreement to deliver intelligent automation solutions driving digital transformation. Kofax's AI, RPA, and capture solutions will be delivered through Raqmiyat to UAE and KSA organizations.
- IvaluacorePartnership to digitalize procurement functions of organizations in UAE and KSA. Raqmiyat serves as partner for Ivalua's eProcurement solution.
- Codebase TechnologiescoreRegional business partner and authorized reseller of Codebase Technologies' Digibanc platform for digital banking transformation in UAE and KSA.
- X0PA AIstrategicStrategic GTM partnership for AI-powered human resource management platform. Helps enterprises streamline hiring process using data-driven insights in UAE and KSA.
- Yellow.aicorePartnership to enable CX Automation journey for enterprises across GCC region. Yellow.ai's conversational AI and total experience automation platform distributed through Raqmiyat.
- Software AGcoreStrategic partnership to empower UAE entities to deliver data-driven intelligent solutions. Agreement addresses customer needs for API technologies, webMethods, ARIS, Alfabet, IoT, and Analytics.
- Automation AnywherecoreRegional business partner and authorized reseller of Automation Anywhere's Cognitive RPA and Digital Workforce Platform for GCC region.
- MongoDBcoreRegional business partner and authorized reseller of MongoDB database platform for GCC region. Enables developers and organizations to access modern database solutions.
- Kore.aicorePartnership to offer conversational AI-powered virtual assistants. Kore.ai's platform enables enterprises to build and deploy advanced virtual assistants.
- IvanticoreRegional business partner and authorized reseller of Ivanti products and services for GCC region. Covers ITAM, ITSM, endpoint, and security management solutions.
- eMudhrastrategicAuthorized reseller of eMudhra products and services for UAE region. Enables digital identity, paperless office, and PKI solutions for customers.
- Palo Alto NetworksstrategicAchieved NextWave Traps Specialization - demonstrating expertise in advanced endpoint protection. One of very few partners with this accreditation.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Raqmiyat competitors and assessment
Company assessmentBroad incumbents
- Atos: Global IT services and system integration major with a significant Middle East presence serving enterprise and public sector in UAE and KSA. Competes with Raqmiyat on large digital transformation and managed services bids but offers a much broader global delivery footprint.
- Tata Consultancy Services (TCS): Global IT services and consulting major with deep Middle East operations and banking vertical strength. Competes for the same UAE/KSA enterprise and bank transformation work as Raqmiyat, with broader scale and full-stack capabilities.
- HCLTech: Global IT services firm with significant GCC operations across UAE and KSA, with strengths in digital, engineering, and managed services. Comparable broad SI services but global scale and delivery footprint exceed Raqmiyat's regional-only presence.
- Wipro: Global IT services leader with active GCC operations targeting banking, energy, and government clients in UAE and KSA. Overlaps with Raqmiyat in banking/financial services transformation and managed services; broader scale and offshore delivery differentiate.
- Infosys: Global digital services and consulting firm with Middle East delivery centers and a focus on banking, financial services, and enterprise transformation. Comparable to Raqmiyat in target verticals and digital transformation service lines, but with global scale.
Direct peers
- Gulf Business Machines (GBM): GBM is a leading GCC-headquartered system integrator and IBM partner offering enterprise hardware, software, services, and managed solutions across UAE, KSA, Qatar, Oman, Bahrain, Kuwait, and beyond. Most directly comparable regional SI to Raqmiyat with overlapping enterprise/government customer base in UAE and banking vertical exposure.
- MDS AP (MDS for Information Systems): UAE-based system integrator operating across the Middle East with multi-vendor partnerships, enterprise solutions, and managed services. Direct regional peer competing in the same UAE enterprise and government digital transformation deals as Raqmiyat.
- Injazat: Abu Dhabi-based IT services and managed services provider (subsidiary of G42/Mubadala ecosystem) delivering cloud, cybersecurity, and digital transformation to UAE government and enterprise. Comparable peer in geography, customer segment, and managed services-led delivery model.
Emerging players
- Trillium Information Security Systems: Cybersecurity-focused regional firm serving enterprise clients in the GCC. Comparable peer at the cybersecurity sub-segment of Raqmiyat's portfolio, but specializes rather than spanning the full SI delivery scope.
Regional players
- Elnady Business Solutions (EBS): Egypt-based IT services and consulting firm serving enterprise clients across banking and public sector with Microsoft and Oracle practices. Comparable peer in business model and verticals, but operating primarily outside Raqmiyat's UAE/KSA core market.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Raqmiyat social profiles
Digital presenceRaqmiyat compliance and trust
Trust signalCompliance3 records
Raqmiyat financial estimates
Financial estimateRevenue estimate
Valuation estimate
Raqmiyat leadership team
Management profileNumber of profiles
Profiles12 records
Raqmiyat funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Raqmiyat M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Raqmiyat
What does Raqmiyat do?
Raqmiyat is a system integrator and digital transformation enabler serving enterprise and government clients in the GCC region. The company delivers end-to-end IT and enterprise business solutions across three pillars: Smart Business Solutions (Cybersecurity, Enterprise Analytics, RPA, ERP for SMEs, Digital Innovation), Technology Support Services (IT staffing, IT managed services, Microsoft services), and Banking & Finance Solutions (RPA, Analytics, Chatbots, Digital Banking, Payment Systems, Blockchain, Financial Peripherals). As an authorized reseller and regional partner for 15+ global technology vendors including MongoDB, Automation Anywhere, Palo Alto Networks, and Kofax, Raqmiyat combines vendor solutions with its own proprietary products (ICCS Corporate, FTS, S.P.A.C.E. framework) and 30 years of regional delivery experience.
Is Raqmiyat a public or private company?
Raqmiyat is a private company. It is classified as family owned and is currently operating.
When was Raqmiyat founded?
Raqmiyat was founded in 1991. It employs 501 to 1,000 people.
Where is Raqmiyat based?
Raqmiyat is headquartered in Dubai, United Arab Emirates, in the Middle East region.
How does Raqmiyat make money?
Three revenue lines are on record. Professional Services and System Integration is the primary driver. The others are IT Managed Services and technology Resale and Licensing.
Who are Raqmiyat's main competitors?
Broad incumbents on record are Atos, Tata Consultancy Services (TCS), HCLTech, Wipro and Infosys. Direct peers are Gulf Business Machines (GBM), MDS AP (MDS for Information Systems) and Injazat. Trillium Information Security Systems is listed as an emerging player. Elnady Business Solutions (EBS) is listed as a regional player.
Does Raqmiyat have an API?
No public API is recorded for Raqmiyat.
What industry is Raqmiyat in?
Raqmiyat's product category is IT System Integration and Digital Transformation Services. Its primary akta.pro industry code is BPAEAAAK, Network, Infrastructure & Data Center Integration, with a secondary code of BPAAACAC, Software/Application Support (SaaS, Enterprise Apps). Its NAICS code is 54151 and its SIC code is 7373.