Bulgari to open luxury island resort in Abu Dhabi by 2030
A 2,000-square-metre Bulgari Spa will offer a 25-metre indoor pool, a 1,000-square-metre fitness centre, and an outdoor deck with sea views. Dining will include Il Ristorante – Niko Romito, helmed by the Michelin-starred chef, along with the exclusive Japanese concept Hōseki, a refined Turkish restaurant, La Spiaggia beachfront dining, and the iconic Bulgari Bar.
The resort will also be home to a Yacht Club with a private beach, 40-berth marina, and exclusive membership offerings. A grand ballroom on the city-facing side will provide a dedicated venue for events and banqueting.
The residential component will feature 90 private mansions ranging from 1,650 to 2,500 square metres, with eight exclusive estates each offering their own private beach.
The development's architecture and design will be curated by Milanese firm ACPV Architects Antonio Citterio Patricia Viel, with the landscape, designed by fellow Milanese studio Land SRL.
The project is being developed in partnership with Eagle Hills, an Abu Dhabi-based private real estate company founded by Mohamed Alabbar.
"With Bulgari Resort & Mansions Abu Dhabi, we continue our jeweller of hospitality magnificent journey of bringing Bulgari's distinctive elegance and craftsmanship to the world's most remarkable destinations,' said Jean-Christophe Babin, CEO of Bulgari.
'This project is a tribute to Abu Dhabi's unique cultural identity, blending timeless sophistication with modern luxury. This project will set a new milestone in Haute Hospitality and I'm particularly happy to develop it with our long-standing Retail Partner and friend Mohamed Alabbar always striving for the highest standards."
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
LeMonde
a day ago
- LeMonde
France faces prospect of paying higher borrowing costs than Italy
As hard as it may be to take for France, many investors no longer have any doubt: Prime Minister Giorgia Meloni's Italy is now just as credible when it comes to public finances, if not more so. "Once at the bottom of the class in the European Union in terms of budget discipline, Italy is now in a position to give lessons to France," said independent economist Philippe Crevel in an analysis published at the end of July. Some observers see Italy, now led by the far right, as a model of fiscal discipline for its neighbor. The numbers most symbolic of the reversal are the interest rates that investors demand in exchange for holding the two countries' public debt. In 2011 and 2012, Italy was seen as so turbulent and unreliable that investors insisted on a premium of up to 400 basis points (4%) over French rates. When France paid 3% annual interest, Italy had to pay 7%. Since then, the risk premium has shrunk dramatically, dropping to less than five basis points for the main benchmark with a 10-year repayment period on August 15, a rate unprecedented since 2005. For five-year bonds, the gap between French and Italian debt on financial markets disappeared entirely in mid-July.
Euronews
2 days ago
- Euronews
Japan's SoftBank to buy $2 billion stake in chip maker Intel
ADVERTISEMENT Japanese technology giant SoftBank Group plans to take a $2 billion (€1.7bn) stake in computer chip maker Intel as it deepens its involvement in semiconductor manufacturing and other advanced technology in the United States, the companies said Monday. Shares in SoftBank fell 4% Tuesday in Tokyo following the announcement, which coincided with unconfirmed reports that President Donald Trump is considering having the US government buy a stake in the chip maker. Intel's rose 5.4% early Tuesday in pre-market trading. SoftBank ramps up US investment SoftBank invests in an array of companies that it sees as holding long-term potential and has been stepping up investments in the United States since Trump returned to the White House. In February, its chairman Masayoshi Son joined Trump, Sam Altman of OpenAI and Larry Ellison of Oracle in announcing a major investment of up to $500 billion (€428bn) to develop an artificial intelligence project called Stargate. SoftBank plans to buy Intel stock SoftBank plans to buy $2 billion (€1.7bn) of Intel's common stock, paying $23 (€19.70) per share. That would be about a 2% stake. Intel's shares closed at $23.66 (€20.26) on Monday. 'Semiconductors are the foundation of every industry, Son said in a statement. 'This strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role." Intel helped launch Silicon Valley but has fallen behind rivals like Nvidia Corp. and Advanced Micro Devices Inc. and is shedding thousands of workers and slashing costs under its new CEO, Lip-Bu Tan. Intel plans to end the year with 75,000 'core' workers excluding subsidiaries, through layoffs and attrition, down from 99,500 core employees at the end of 2024. The company previously announced a 15% workforce reduction. Trump recently said Tan, who was made CEO in March, should resign but after meeting with him last week said he had an 'amazing story.'
France 24
3 days ago
- France 24
German minister says China 'increasingly aggressive'
"China repeatedly threatens, more or less openly, to unilaterally change the status quo and shift borders in its favour," Johann Wadephul said in Japan, citing China's behaviour in the Taiwan Strait and the East and South China Seas. "Any escalation in this sensitive hub of international trade would have serious consequences for global security and the world economy," Wadephul said after talks with Japanese counterpart Takeshi Iwaya. A statement issued on Sunday before Wadephul's visit to Japan -- and later Indonesia -- said that China was "increasingly asserting its regional supremacy and, in doing so, is also questioning principles of international law." "China's increasingly aggressive behaviour in the Taiwan Strait and the East and South China Seas also has implications for us in Europe: fundamental principles of our global coexistence are at stake here," the statement quoted Wadephul as saying. In the joint press statement in Tokyo, Wadephul also criticised "China's support for the Russian war machine" in Ukraine. "Without it, the war of aggression against Ukraine would not be possible. China is Russia's largest supplier of dual-use goods and Russia's best oil and gas customer," Wadephul said. He also said ahead of talks later Monday between US President Donald Trump, Ukrainian President Volodymyr Zelensky and European leaders that security guarantees for Kyiv were "crucial". Trump's summit on Friday with Russian counterpart Vladimir Putin in Alaska "made it clear that for a just and lasting peace, Moscow must finally act. Until that happens, pressure on Russia must be increased, including with increased aid to Ukraine," Wadephul said. The talks on Monday in Washington are about establishing "the elements of a negotiated solution on the path to a just peace for Ukraine," he said. "Firm security guarantees are crucial for this. Because Ukraine must be able to defend itself effectively even after a ceasefire and peace agreement."
