Manta Bay Phase Two Unveiled on Al Marjan Island

30 Jan 2025 CW Team

Major Developers has launched Phase Two of its flagship luxury project, Manta Bay, on Al Marjan Island, following the overwhelming success of Phase One. The expansion comes in response to strong investor demand, with multiple initial bookings and expressions of interest already secured.

Designed for global investors across 25+ nationalities, the new phase offers innovative living spaces, including fully furnished units with private jacuzzis and BBQ-equipped terraces. These exclusive features elevate Manta Bay鈥檚 appeal as a premier investment and lifestyle destination in the UAE.

Ras Al Khaimah is rapidly emerging as a major real estate and tourism hub, with projections estimating over 5.5 million visitors by 2030. Landmark developments like the Wynn Al Marjan Island resort further solidify the emirate鈥檚 global stature.

Adding to its prestige, Major Developers has appointed Italian football legend Francesco Totti as its brand adviser, enhancing the project鈥檚 international recognition.

Manta Bay aligns with Ras Al Khaimah鈥檚 vision to position itself as a world-class tourism and investment destination, reinforcing its status as a key player in the luxury real estate market.

Infrastructure Urban

13 Jun 2025

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Infrastructure Urban

13 Jun 2025

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Infrastructure Urban

13 Jun 2025

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..