The word "sheikh" is a title used in some Muslim communities to refer to a respected and knowledgeable person, usually a religious leader or elder. Full definition
That changed in January when Saudi Arabia severed diplomatic relations with Iran after protesters — enraged at the execution of sheikh Nimr al - Nimr, a prominent Saudi Shiite cleric — torched the Saudi embassy in Tehran and held similar protests at the Saudi consulate in Mashhad. (gfmag.com)
I am also sure he is ready to pay 200k / week for a bomb transfer but this is a huge risk when you don't have sugga dady or oil sheikhs in house. (justarsenal.com)
Norwegians sometimes call themselves the oil sheikhs of Scandinavia because of all the oil and gas they pump out of the North Sea. (npr.org)