On January 3, 1995, Sheikh Maktoum, the then Ruler of Dubai, signed a decree appointing Sheikh Mohammed as Crown Prince of Dubai. This appointment had dramatic effects, as Sheikh Mohammed launched many initiatives and projects to prosper the future of Dubai. In 1995, Sheikh Mohammed revealed infrastructure projects for the new digital economy and launched the eGovernment initiative. 'Destination Dubai', was the tourism brief so long championed by him. Late in 1995, Sheikh Mohammed announced the creation of the Dubai Shopping Festival (DSF). On April 1 1998, Sheikh Rashid Terminal was opened, representing the completion of the first phase of the Dubai's Government US$540 million airport expansion plan. Elsewhere in Dubai, an artificial island was being created, some 100 metres offshore. This was to be the base for one of Sheikh Mohammed's boldest projects, a hotel named Burj Al Arab (tower of the Arabs). On May 11, 1999, Sheikh Mohammed announced an initiative to make Dubai Government as an online government as a whole within 18 months, which would give Dubai the distinction of becoming the world's first fully online government. On October 29, 1999, Sheikh Mohammed announced the Dubai Internet City initiative, with a deadline of just 365 days to accomplish. The initiative was set to encompass the infrastructure, environment and attitude to enable new economic enterprises to operate out of Dubai with significant competitive advantage. Sheikh Mohammed and his family contributed to other free zone projects such as Dubai Media City and Dubai International Financial Centre. Early in 2001, Sheikh Mohammed announced the most extraordinary 'Destination Dubai' project; The Palm Island, a giant resort spread over two palm tree-shaped man-made islands. In May 2001, His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline & Group confirmed that, on instructions from Sheikh Mohammed, Emirates planned to buy up to 60 new wide-body aircraft worth $10billion.