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Major Developers Unveils AED 1 Billion Manta Bay Luxury Project in Ras Al Khaimah

RAS AL KHAIMAH / GULF TIME Major Developers, a renowned UAE-based real estate company specializing in luxury living experiences, has announced the launch of Manta Bay, an AED 1 Billion luxury project in Ras Al-Khaimah. This milestone project marks Major Developers’ first endeavor in the Emirate and signifies a major investment in the region’s luxury market. Inspired by the majestic ...

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DP World boosts its investments in Southeast Asia’s trade future

DUBAI/ WAM DP World is bolstering trade and logistics connectivity in Southeast Asia through a series of strategic investments that expand its presence and enhance supply chain management across the region. Last week, Sultan Ahmed bin Sulayem, DP World Group Chairman and CEO, toured the region, signing a significant partnership agreement in Malaysia and opening two new facilities in the ...

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UAE’s Islamic finance sector witnesses accelerated growth of 8% in 2023: S&P

ABU DHABI/ WAM S&P Global Ratings, the global credit rating agency, confirmed that the total assets of the global Islamic finance sector continue on a path of rapid growth, pointing to the sector’s accelerated growth in the UAE last year due to the strong performance of the non-oil economy. The agency added, in a recent report titled “Islamic Finance 2024-2025: ...

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