Ras Al Khaimah Investment Authority
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Ras Al Khaimah Investment Authority
Ras Al Khaimah Investment Authority (RAKIA) is a United Arab Emirates investment authority in the Emirate of Ras Al Khaimah. It issues licenses to operate within RAKIA owned special economic zones, provides business facilities and warehouses and provides investment funding. RAKIA supports developments that include industrial parks, education, technology, real estate, transportation, manufacturing and energy, as well as offshore operations and other investments. Contrary to popular opinion, RAKIA is not a sovereign wealth fund (SWF) that would rely for example on steady income from oil or gas. Instead, RAKIA is an industrial licensing and promotion agency to attract investments into Ras Al-Khaimah. Funding is derived by the Government of Ras Al Khaimah as the owner or RAKIA by raising funds from financial markets and passing this borrowed money on to RAKIA. History RAKIA was constituted in 2005 by Emiri Decree No. (2)/2005 issued by Sheikh Saqr Bin Muhammad Al Qasimi with the ai ...
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United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at the eastern end of the Arabian Peninsula and shares borders with Oman and Saudi Arabia, while having maritime borders in the Persian Gulf with Qatar and Iran. Abu Dhabi is the nation's capital, while Dubai, the most populous city, is an international hub. The United Arab Emirates is an elective monarchy formed from a federation of seven emirates, consisting of Abu Dhabi (the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Each emirate is governed by an emir and together the emirs form the Federal Supreme Council. The members of the Federal Supreme Council elect a president and vice president from among their members. In practice, the emir of Abu Dhabi serves as president while the ruler of Dubai is vice pre ...
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Sheraton Metechi Palace Hotel
The Sheraton Grand Tbilisi Metechi Palace is a five-star hotel in Tbilisi, the capital of Georgia. It is in a central area overlooking Old Tbilisi and operated by Marriott International. The hotel opened in 1991. History The Metechi Palace Hotel was built during the Communist period, as a joint venture between Russian investors and Austrian-based ABV Leasing-und Hotelinvest GMBH. It opened in May 1991, barely a month after the nation of Georgia gained independence. It was managed by ABV's Marco Polo Hotels chain, which also had properties in St. Petersburg and Moscow. The hotel operated nearly empty for its first few years, due to the Georgian Civil War, during which the hotel's lights were turned off every night, to avoid attracting sniper fire. The three Marco Polo hotels joined Sheraton Hotels in 1997 and the property was renamed Sheraton Metechi Palace Hotel. In August 2007, the UAE-based Ras Al Khaimah Investment Authority bought the hotel through its subsidiary RAKIA Georgi ...
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Economy Of The United Arab Emirates
The economy of the United Arab Emirates (or UAE) is the 5th largest in the Middle East (after Iran, Saudi Arabia, Turkey, and Egypt), with a gross domestic product (GDP) of US$501 billion (AED 1.84 trillion) in 2022. The UAE economy is heavily reliant on revenues from petroleum and natural gas, especially in Abu Dhabi. In 2009, more than 85% of the UAE's economy was based on the oil exports. In 2011, oil exports accounted for 77% of the UAE's state budget. In recent years, there has been some economic diversification, particularly in Dubai. Abu Dhabi and other UAE emirates have remained relatively conservative in their approach to diversification. Dubai has far smaller oil reserves than its counterparts. Tourism is one of the bigger non-oil sources of revenue in the UAE. A massive construction boom, an expanding manufacturing base, and a thriving services sector are helping the UAE diversify its economy. Nationwide, there is currently $350 billion worth of active construction ...
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Cross
A cross is a geometrical figure consisting of two intersecting lines or bars, usually perpendicular to each other. The lines usually run vertically and horizontally. A cross of oblique lines, in the shape of the Latin letter X, is termed a saltire in heraldic terminology. The cross has been widely recognized as a symbol of Christianity from an early period.''Christianity: an introduction''
by Alister E. McGrath 2006 pages 321-323
However, the use of the cross as a religious symbol predates Christianity; in the ancient times it was a pagan religious symbol throughout Europe and western Asia. The effigy of a man hanging on a cross was set up in the fields to protect the crops. It often appeared in conjunction with the female-genital circle or oval, to signify the sacred marriage, as in Egyptian amule ...
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Real Madrid
Real Madrid Club de Fútbol (, meaning ''Royal Madrid Football Club''), commonly referred to as Real Madrid, is a Spanish professional football club based in Madrid. Founded in 1902 as Madrid Football Club, the club has traditionally worn a white home kit since its inception. The honorific title ''real'' is Spanish for "royal" and was bestowed to the club by King Alfonso XIII in 1920 together with the royal crown in the emblem. Real Madrid have played their home matches in the 81,044-capacity Santiago Bernabéu Stadium in downtown Madrid since 1947. Unlike most European sporting entities, Real Madrid's members (''socios'') have owned and operated the club throughout its history. Real Madrid is one of the most widely supported teams internationally. The club was estimated to be worth $5.1 billion in 2022, making it the world's most valuable football team. In 2021, it was the second highest-earning football club in the world, with an annual revenue of €640.7  ...
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Ras Al Khaimah
Ras Al Khaimah (RAK) ( ar, رَأْس ٱلْخَيْمَة, historically Julfar) is the largest city and capital of the Emirate of Ras Al Khaimah, United Arab Emirates. It is the sixth-largest city in UAE after Dubai, Abu Dhabi, Sharjah, Al Ain and Ajman. The city is divided by a creek into two parts: old town in the west and Al Nakheel in the east. Etymology The name Ras Al Khaimah means "the headland of the tent". It is reported that the city gained its named after a tent was erected there to facilitate navigation. History The northern area of the city today known as Ras Al Khaimah was previously the location of the important Islamic era settlement and port of Julfar. Ras Al Khaimah has been the site of continuous human habitation for 7,000 years, one of the few places in the country and the world where this is the case. Archaeological evidence has demonstrated that the settlement known as Julfar shifted location over time as harbour channels silted up. Excavations of a ...
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Real Madrid Resort Island
Real Madrid Resort Island was a proposed sports and amusement park planned by Real Madrid on Marjan Island, a artificial island near Ras al-Khaimah in the United Arab Emirates. The project had a projected budget of $US 1 billion. In September 2013, the project was stopped by the Ras Al Khaimah Investment Authority (RAKIA) due to a lack of funding, as the sheikdom was in the process of restructuring its debts. History The plan for the project was first announced in March 2012. The island was supposed to feature sport training facilities, a 10,000-seat stadium facing the sea, an amusement park, yacht club and marina, a 450-room hotel, a Real Madrid museum, and a residential area. The marina and yacht club were planned to be shaped like the Real Madrid crest. The project was scheduled to be opened in January 2015. In June 2013, RAKIA announced that construction plans were indefinitely on hold and that the resort would probably not materialize, as the sheikdom was in the process of res ...
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Gela ("Zaza") Mikadze
Gela (Sicilian and ; grc, Γέλα) is a city and (municipality) in the Autonomous Region of Sicily, Italy; in terms of area and population, it is the largest municipality on the southern coast of Sicily. Gela is part of the Province of Caltanissetta and is one of the few in Italy with a population and area that exceed those of the provincial capital. Gela was founded in 698 BC by Greek colonists from Rhodes and Crete; it was an influential ''polis'' in Sicily in the 7th and 6th centuries BC and became one of the most powerful cities until the 5th c. BC. Aeschylus, the famous playwright, lived here and died in 456 BC. In 1943, during the Invasion of Sicily, the Allied forces made their first landing on the island at Gela.La Monte, John L. & Lewis, Winston B. ''The Sicilian Campaign, 10 July17 August 1943'' (1993) United States Government Printing Office pp.56-96 History Ancient era Archaeology has shown that the acropolis of Gela was occupied during the Copper ...
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RAKIA Georgia FIZ LLC
Rakia, Rakija, Rachiu or Raki (), is the collective term for fruit spirits (or fruit brandy) popular in the Balkans. The alcohol content of rakia is normally 40% ABV, but home-produced rakia can be stronger (typically 50%). Etymology Fruit spirits are known by similar names in many languages of the Balkans: sh-Latn-Cyrl, rakija, separator=" / ", ракија; sq, rakia; bg, ракия, rakiya; mk, ракија, rakija; tr, rakı (/rɑːˈkiː/, /rɑːˈkuː/, /rɑːˈkɜːr/). Similar drinks include ''sadjevec'' in Slovenia, ţuică'' (or ''pălincă'') in Romania, and pálenka in Slovakia and the Czech Republic. Overview Rakija is produced from fermented and distilled fruits, typically plums and grapes, but also apricots, pears, cherries or raspberries. Other fruits but less commonly used are peaches, apples, figs, blackberries, and quince. Common flavours are ''šljivovica'' and ''țuică'', produced from plums, ''kajsija'', produced from apricots, or ''grozdova''/'' ...
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RAKIA Georgia LLC
Rakia, Rakija, Rachiu or Raki (), is the collective term for fruit spirits (or fruit brandy) popular in the Balkans. The alcohol content of rakia is normally 40% ABV, but home-produced rakia can be stronger (typically 50%). Etymology Fruit spirits are known by similar names in many languages of the Balkans: sh-Latn-Cyrl, rakija, separator=" / ", ракија; sq, rakia; bg, ракия, rakiya; mk, ракија, rakija; tr, rakı (/rɑːˈkiː/, /rɑːˈkuː/, /rɑːˈkɜːr/). Similar drinks include ''sadjevec'' in Slovenia, ţuică'' (or ''pălincă'') in Romania, and pálenka in Slovakia and the Czech Republic. Overview Rakija is produced from fermented and distilled fruits, typically plums and grapes, but also apricots, pears, cherries or raspberries. Other fruits but less commonly used are peaches, apples, figs, blackberries, and quince. Common flavours are ''šljivovica'' and ''țuică'', produced from plums, ''kajsija'', produced from apricots, or ''grozdova''/'' ...
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Poti Sea Port
The Poti Sea Port ( ka, ფოთის საზღვაო ნავსადგური, ) is a major seaport and harbor off the eastern Black Sea coast at the mouth of the Rioni River in Poti, Georgia. Its UN/LOCODE is GEPTI and is located at The Poti seaport is a cross point of the Trans-Caucasian Corridor/TRACECA, a multinational project which connects the Romanian port of Constanţa and Bulgarian port Varna with the landlocked countries of the Caspian region and Central Asia. History The construction of a seaport at Poti was conceived shortly after 1828, when the Russian Empire conquered the town from the Ottoman Empire which controlled it since the fractioning of the Kingdom of Georgia. In 1858, Poti was granted the status of a port city, but it was not until 1899 when, under the patronage of the mayor of Poti Niko Nikoladze, the construction entered the sprint stages and was completed by 1907. The seaport has since reconstructed several times, most recently under the ...
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