| 
 IFA Hotels & Resorts
        and strategic partner Kingdom Hotel Investments recently opened their resort in Zanzibar in the presence of His
        Excellency Amani A. Karume the President of Zanzibar and Chairman of the Revolutionary Council, The First Lady of Zanzibar Mrs. Shadia
        Karume, Deputy Chief Minister of Zanzibar, Honourable Ali Juma Shamuhuna and the Minister of Tourism, Trade & Investment for Zanzibar,
        Honourable Sameer Suluhu Hassan. Global luxury hotel
        group Fairmont Hotels & Resorts has been appointed to manage the
        resort, branded the Fairmont Zanzibar. Talal Jassim Al-Bahar, Chairman and Managing Director of IFA HR,
        said, "We already have a successful relationship with Fairmont across
        many of our African developments, so the decision to appoint them as the operator of our Zanzibar property was a natural one. Guests may
        now enjoy a full African experience, from the continents famed snorkelling and diving to its safaris and beaches, within our East Africa
        collection:  Fairmont Mara Safari Club, Fairmont The Norfolk and Fairmont Mount Kenya Safari Club, and now Fairmont Zanzibar. IFA HR is currently developing a number of properties that Fairmont will also manage, including several on the iconic Palm Jumeirah island
        in Dubai as well as Fairmont Zimbali on the north coast of Kwazulu-Natal, South Africa. The
        Fairmont Zanzibar resort is located on the North East coast of Zanzibars main Island (Ungunja), 55 minutes from Zanzibar Kisauni International Airport.
        Fringed by the east coasts 45 kilometres of powder white sandy beach, the hotel occupies a 350-metre stretch of pristine open beachfront.
        The 109 newly renovated and comfortably appointed rooms and suites are spread throughout the propertys vast and lush tropical gardens.
        Future expansion of the resort will continue, offering a selection of different asset classes for potential investors, such as private residence
        and vacation clubs. One of the resorts main attractions is its
        excellent water sports facilities, providing windsurfing, boating, fishing charters, as well as a
        fully equipped dive centre with a decompression chamber, one of only three in Africa and the Indian Ocean. Other amenities include two
        swimming pools, fitness and spa facilities and several restaurants and cafes overlooking the Indian Ocean. Guests can also enjoy additional
        activities such as volleyball, mini golf, table tennis, darts and pool.  In addition to leisure offerings,
        the Fairmont Zanzibar offers a full range of
        business amenities including wireless Internet, business centre, and meeting and banquet facilities. See
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