Population 118,812     Ruler H.H. Sheikh Humaid bin Rashid Al Nuaimi   The Emirate of Ajman is situated on the coast of the Arabian Gulf, extending over a distance of 16 km, between the emirates of Umm Al-Quwain and Sharjah. The area of the emirate is 259 square kilometers, equivalent to 0.3% of the country's total area, excluding the islands. The population was estimated to be 80,000 in 1992.   The town of Ajman, the capital of the emirate, lies on the coast of the Arabian Gulf. lt comprises the Ruler's office, companies, banks and commercial markets. The port of Ajman is located along a natural creek (Khor) which penetrates the town.   The two major regions in the emirate are Masfout, an agricultural area, lying at a distance of 110 km long at the South east, and Manama located 60 to the east.