Saraya, platinum sponsor of Cityscape Dubai 2008

Notes and media contacts

About Saraya
Saraya, founded in 2005, is a real estate development and asset management company that invests in the travel and tourism industry. Saraya differentiates itself by creating a unique synergy between the real estate, and the travel and tourism industries; offering customers a fully integrated Saraya experience. Saraya's aim is to become a global leader in luxury travel, tourism, and lifestyle.
Saraya focuses on developing luxurious mixed-use tourist destinations, currently stretching from the Red Sea to the Black sea. Complementing these destinations are the Saraya services that are tailored for the customers various travel and tourism needs.
Saraya partners with the private and public sector in order to contribute to the local community in which it invests as well as delivering value for all stakeholders. Additionally, Saraya's destinations are planned in an environmentally sensitive manner safeguarding the beauty of the selected locations.
Complementing Saraya's investments is Millennium Development International (MDI) a fully-owned subsidiary of Saraya Holdings. MDI is a development management firm that provides integrated development management services for large scale and mixed-use projects.
Saraya Holdings also founded the Middle East and North Africa Fund (MENA Fund) in February 2006. Managed by AB Invest, a wholly-owned subsidiary of the Arab Bank, the Fund focuses on investing and financing Saraya real-estate within the MENA region. The Fund also considers opportunities outside the region.
• Saraya Destinations
Today, Saraya is developing five mixed-use destinations in various countries. "Saraya Aqaba", on the Red Sea in Jordan, "Saraya Ras Al Khaimah" in the United Arab Emirates, "Saraya Bandar Jissah" near Muscat in Oman, "Saraya Sochi" on the Black Sea in Russia, and "Saraya Dead Sea" in Jordan. Saraya's destinations include high-end residential units, premium hotels, retail outlets and entertainment and business facilities. Partnering with world-class operators in order to deliver a luxurious experience, Saraya is committed to providing destinations with the highest international standards. Partners to date include Starwood, Jumeirah, Banyan Tree, Taj Exotica, and Nikki Beach.
• Saraya Services
Complementing the destinations, Saraya will provide services ranging from private jet charter services, limousine services, luxury yacht travel, personalized concierge services, a travel agency, and world-class entertainment. Saraya Services has launched two prestigious services, Saraya Skies and Saraya Realty as a step towards delivering an integrated Saraya experience. Saraya Skies is the private aviation operator that will render its services to business and leisure travelers around the world and to all Saraya destinations. Saraya Skies' fleet comprises of the P180 Avanti II planes and the G450 Gulfstream. The P180 is internationally acclaimed by Michael Schumacher as the "Ferrari of the Sky". The G450 is the ultimate choice for travelers as it offers the most comfortable and comprehensively equipped cabin in its class. Saraya Realty provides sale, and re-sale services to all Saraya's destinations. Through offering a variety of product packages, Saraya Realty ensures to meet customers' needs and expectations.

For further information please contact;

Dimah Khalili, Senior Manager, Corporate PR & Investor Relations - Saraya Holdings