$326m project at Al Marjan Island launched.(Image: Image-1.jpg ) Sheikh sheikh or shaykh Among Arabic-speaking tribes, especially Bedouin, the male head of the family, as well as of each successively larger social unit making up the tribal structure. The sheikh is generally assisted by an informal tribal council of male elders. Saud bin Saqr Al Qassimi, Crown Prince and Deputy Ruler RULER Remaining Useful Life Evaluation Routine (for lubricants) of Ras Al Khaimah, recently unveiled model apartments of the Dh1.2 billion ($326 million) Bab Al Bahr development on the Al Marjan Island resort. It is expected that the inaugural project which has been developed by Rakeen, the master planner and developing arm of the Ras Al Khaimah Government, will enhance the emirateCOs reputation as a premier tourist destination A tourist destination is a city, town or other area the economy of which is dependent to a significant extent on the revenues accruing from tourism. It may contain one or more tourist attractions or visitor attractions and possibly some "tourist traps". in the Middle East. Accompanied by Dr Khater Massaad, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Ras Al Khaimah Investment Authority (RAKIA) and chairman of Rakeen, Sheikh Saud laid a symbolic cornerstone marking the official inauguration INAUGURATION. This word was applied by the Romans to the ceremony of dedicating some temple, or raising some man to the priesthood, after the augurs had been consulted. It was afterwards applied to the installation (q.v. of the sales centre. C[pounds sterling]Bab Al Bahr opens a new era in the development of many lifestyle-oriented projects in Ras Al Khaimah,C[yen] says Sheikh Saudi. C[pounds sterling]This project serves a strategic purpose as it significantly boosts the emirateCOs reputation as a key business and leisure destination in the Middle East. More importantly, being the first of many landmark projects on the Al Marjan Island, Bab Al Bahr will be a key instrument in generating greater interest for the exclusive island development and the rest of our groundbreaking real estate projects in Ras Al Khaimah.C[yen] C[pounds sterling]The prestige and reputation of the Bab Al Bahr project is crucial in the overall economic development plan of Ras Al Khaimah, particularly in the rapidly growing tourism sector. Tourism has become one of the emirateCOs fastest-growing economic contributors and the Bab Al Bahr project will help consolidate our position as a major tourist destination in the Middle East,C[yen] says Massaad. On completion in 2010, Bab Al Bahr will feature five residential buildings and a total of 710 residential freehold Freehold, borough, United States Freehold, borough (1990 pop. 10,742), seat of Monmouth co., E central N.J.; settled c.1650, called Monmouth Courthouse (1715–1801), inc. as a town 1869, as a borough 1919. apartments broken into 110 studio apartments, 290 one-bedroom apartments, 220 two-bedroom apartments and 90 three-bedroom apartments. The $1.8 billion Al Marjan Island is a cluster of four coral-shaped islands dotted with water homes, floating villas, hotels, resorts, sporting facilities and commercial spaces over a total area of 2.7 million sq m. A[umlaut umlaut (  m`lout) [Ger.,=transformed sound], in inflection, variation of vowels of the type of English man to men. ] Copyright 2008 www.tradearabia.com
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