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Tuesday, November 10 - 2009

Saraya participates in the Millionaire Fair 2007 in Moscow

Saraya, the Real Estate Development and Asset Management Company, investing in the Travel and Tourism industry will be participating for the first time in the Millionaire Fair 2007, the premier and largest event of luxury, unique, and extravagant goods and services, which will be held during November 22-25, 2007, at Crocus expo in Moscow.

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Saraya's participation, reflecting the Saraya luxury experience, comes through its booth showcasing Saraya's vision of developing mixed-use luxurious destinations such as Saraya Aqaba in Jordan, Saraya Islands in Ras Al-Khaimah, UAE, and Saraya Bandar Jissah in Oman as well as providing customized and personalized unique services to its elite customers manifested in its services of Saraya Aviation and Saraya Realty.

Ali Kolaghassi, Vice Chairman and CEO of Saraya Holdings said:

"The Travel and Tourism industry is developing and changing rapidly to suite various needs, aspirations as well as demands, opting for more lifestyle hospitality options. Russia is proving to be an active lucrative market, and through this fair, we aim to showcase our world-class products and services to those who are seeking for opportune investments, as well as looking for the Saraya unique luxurious lifestyle and holistic experience of destinations and services."


Since its inception in 2005, Saraya's commitment in turning locations into luxurious destinations has been manifested through its several destination projects that are currently at various stages of development: Saraya Aqaba in the Red Sea City of Aqaba in Jordan, Saraya Dead Sea on the Dead Sea shores in Jordan, Saraya Islands in the Emirate of Ras Al-Khaimah-UAE, Saraya Bandar Jissah near Muscat, the capital of Sultanate Oman, and Saraya Aktau in Aktau City on the Caspian Sea in Kazakhstan.

Complementing the experience of Saraya's destinations, Saraya is committed to introducing a bouquet of customized luxurious services catering to its growing base of customers. Saraya first introduced Saraya Aviation and later Saraya Realty to provide exclusive services in tandem with its world-class destinations ensuring an unmatched all-embracing experience for all its customers, with more services in the horizon that will guarantee a fully-fledged Saraya experience from the moment a customer decides to escape to any of Saraya's breathtaking destinations to the moment one returns back.

The Millionaire Fair will open its doors for the third time to connoisseurs of luxury living, its where all the best luxury goods are, at one time and in one place, anticipating an audience of 45,000 visitors in comparison to 35,000 in 2006, and targeting consumers of the high-end luxury segment, such as VIP's, celebrities, political, administrative, business and cultural elites.
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Notes and media contacts

About Saraya
Saraya, established in 2005, is a Real Estate Development and Asset Management Company investing in the travel and tourism industry. Saraya's vision is manifested in turning undiscovered natural, rich and unique locations into luxurious destinations. Saraya seeks to support the economic growth of the countries it invests in by developing projects that maximize shareholders' value and contribute to local communities' sustainable development. Through its investment subsidiaries, Saraya has invested in Saraya Aqaba project, currently being developed in the Red Sea city of Aqaba, Jordan. While other projects - Saraya Islands in Ras Al Khaimah, United Arab Emirates; Saraya Dead Sea in the Dead Sea, Jordan; Saraya Bandar Jissah near Muscat in Oman; and Saraya Aktau on the Caspian Sea in Kazakhstan - are at various stages of development. Through strategic partnerships with public and private sectors, Saraya provides all facilities and services that a modern touristic city offers; including premium hotels, retail, entertainment, leisure and sport facilities, superb residential units while preserving the natural environment and local cultures. Saraya has introduced a bouquet of customized services to complement its world class destinations; granting all customers an unmatched and holistic experience. Saraya announced its first service, "Saraya Aviation", a Private Jet Charter Operation which is designed at servicing individuals as well as large corporations, banks and government officials in addition to visitors, tourists and businessmen. Saraya Aviation's fleet will grant short and long distance trips, taking off and landing from any destination in the world, and will commence operations in June 2008. In September 2007, Saraya announced its second elite service for its customers, "Saraya Realty", a fully owned subsidiary of Saraya. "Saraya Realty" will be the exclusive property selling, leasing and re-sales arm for all Saraya's luxurious destinations mainly targeting both end users and second-home owners through a variety of product packages tailored to meet their utmost satisfaction, hence offering customers and investors multiple options for investing their money in the most convenient manner while adding value to their investments.

For further information, please contact:
Dimah Khalili
Media Communication and PR Manager - Saraya
Tel: +962 6 5505444 -
Fax: +962 6 5561738

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