Almal Real Estate Development Unveils 'The One by Almal' – Introducing a New Benchmark in Global Resort-Style Living Across Southeast Asia
Setting a new global standard, 'The One by Almal' introduces a Residential Resort-Style living concept. Seamlessly blending exclusive residences, villas, and townhouses with curated resort services, immersive wellness programs, and signature dining destinations, the brand's first project in Nusa Dua will offer an elevated beachfront lifestyle designed for discerning residents and travelers alike.
"Almal isn't just expanding, we are shaping the future of resort-style living globally," said Dmitriy Starovoitov, Founder of Almal Real Estate Development. "Our entry into Southeast Asia is strategic, and built on our proven success in the UAE, where we have set new records and benchmarks for luxury hospitality and residential projects."
Almal's impressive track record includes projects such as The Unexpected Al Marjan Island Hotel & Residence in Ras Al Khaimah—recognized for achieving record-breaking sales—and Harrisoni Villas in Dubai, an exclusive collection of beachfront villas valued over $30 million each. The developer is also behind The Smart Space concept that is going to be the UAE's first branded off-plan business center, reflecting Almal's commitment to introducing new asset classes to evolving global markets.
In line with its expansion strategy, Almal continues to enhance accessibility to its portfolio through a range of tailored investment avenues. The recent upcoming launch of 'The One' app forms part of this vision, offering investors a streamlined and transparent digital gateway to explore upcoming opportunities across the brand's growing global portfolio.
"Our mission extends beyond delivering iconic developments—we aim to foster meaningful connections with like-minded investors, partners, and industry stakeholders who share our passion for innovation and excellence," added Starovoitov.
The One by Almal marks the next bold step in the company's mission to redefine luxury living on a global stage.
For more information, visit www.almal-investments.com and www.theonebyalmal.com.
Source: AETOSWire
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
16 minutes ago
- Yahoo
Turner hits record $39B in backlog, buoyed by data center work
This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter. New York City-based Turner Construction, the largest contractor in the U.S. by revenue, is having a very good year. The privately held company announced in a news release that its 2025 first half results included more than $39 billion in backlog, an increase of 21% from the same period last year and a record, according to the firm. Meanwhile, its revenue rose to $13.4 billion, a 44% leap from the first half of 2024. The firm's workforce now exceeds 14,000 people, according to the release. Though Turner has maintained its place as the top dog in construction for several years, it's gotten there not on the back of large-scale, multibillion-dollar heavy civil megaprojects, but instead by focusing largely on clients in the private sector or institutional settings, including in the data center, healthcare, education and sports and entertainment spaces. Indeed, a breakdown of its current backlog provides a roadmap to where private projects have held up, despite a more challenging interest rate environment. The company said these segments contributed to its backlog: $12.6 billion in data centers. $6.6 billion in healthcare. $4.1 billion in education. $3.5 billion in sports and entertainment. Turner, which is a subsidiary of Germany-based Hochtief, has recently made moves focused around the data center construction boom, including the purchase of Ireland's Dornan Engineering, which it completed earlier this year. The firm attributed its growth, in part, to that acquisition, which it said has enhanced its capacity to deliver complex, mission-critical projects while strengthening its position in key markets in Europe. The completion of the Dornan deal followed a leadership revamp at the firm late last year, when it reorganized its structure to stay abreast of the burgeoning data center and chip fab construction markets. 'Our ability to grow, deliver at scale and expand our workforce is rooted in the strength of our culture,' said Peter Davoren, chairman and CEO, in the release announcing its first half results. 'We have a workplace defined by active caring — where people can be at their best, be authentic, and be treated with respect and dignity. This enables us to attract and retain outstanding talent, and it's why Turner is consistently recognized as a great place to work. Recommended Reading Cash flow problems continue to plague subcontractors: report Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21 minutes ago
- Yahoo
Two Chinese nationals in California accused of illegally shipping Nvidia AI chips to China
By Karen Freifeld (Reuters) -Two Chinese nationals in California were arrested and charged with illegally shipping tens of millions of dollars' worth of AI chips to China, including Nvidia H100s, the U.S. Justice Department said on Tuesday. Chuan Geng, 28, of Pasadena, and Shiwei Yang, 28, of El Monte, exported the advanced Nvidia chips and other technology to China from October 2022 through July 2025 without the required licenses from the U.S. Commerce Department, the Justice Department said, citing an affidavit filed with the complaint. According to the affidavit, Geng and Yang's El Monte-based company, ALX Solutions, was founded in 2022, shortly after the U.S. imposed sweeping export controls on technology to China to slow Beijing's military modernization and began to require licenses for the chips. China opposed the U.S. move as harming normal trade. Over 20 shipments from ALX went to shipping and freight forwarding companies in Singapore and Malaysia, which are often used as transshipment points for illegal goods to China, a federal agent, who works for the Commerce Department, said in the affidavit. ALX received a $1 million payment from a China-based company in January 2024 and other payments from companies in Hong Kong and China, not from the freight forwarding companies, the agent said. Nvidia H100s are advanced chips that can be used to train large language models and many other applications. Records show that from at least August 2023 to July 2024, ALX Solutions bought over 200 Nvidia H100 chips from San Jose, California-based server maker Super Micro Computer, declaring that the customers were in Singapore and Japan, the agent said. On one 2023 invoice valued at $28,453,855, ALX said the customer was in Singapore, but a U.S. export control officer in Singapore could not verify the chips arrived in the country and the company did not exist at the listed location, the document says. "This case demonstrates that smuggling is a nonstarter," a Nvidia spokesperson said in a statement. "We primarily sell our products to well-known help us ensure that all sales comply with U.S. export control rules." Diverted products have "no service, support or updates," the statement added. Super Micro said in a statement it was "firmly committed to compliance with all U.S. export control regulations." It said it did not comment on ongoing legal matters, but cooperated with authorities in any such proceedings. Geng and Yang appeared in federal court in Los Angeles on Monday, the Justice Department said. Geng, a permanent resident, was released on $250,000 bond. Yang, who overstayed her visa, has a detention hearing on August 12. Lawyers for the defendants did not respond to requests for comment.
Yahoo
30 minutes ago
- Yahoo
Elastic Announces Elastic AI SOC Engine for Exposing Complex, Hidden Threats
Elastic AI SOC Engine (EASE) reduces alert fatigue and investigation time by integrating context-aware AI with existing SIEM and EDR tools SAN FRANCISCO, August 06, 2025--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, today announced the launch of Elastic AI SOC Engine (EASE), a new serverless, easy-to-deploy security package that brings AI-driven context-aware detection and triage into existing SIEM and EDR tools, without the need for an immediate migration or replacement. EASE delivers agentless integrations, AI-driven alert correlation using Elastic's Attack Discovery, and an AI Assistant that empowers SOC analysts to uncover hidden, coordinated threats faster and reduce manual investigation time. Delivered on the Elastic Cloud, EASE gives security teams a friction-reducing path to prioritize threats, reduce alert fatigue, and enhance the value of their current security investments. "SOC analysts are overwhelmed by high alert volumes and lack the AI support they need from their existing SIEM and EDR solutions to investigate threats effectively," said Santosh Krishnan, general manager, Observability & Security at Elastic. "EASE brings Elastic's proven AI capabilities into the security tools teams already use, to automatically prioritize threats, correlate alerts, and accelerate investigations, reducing the load on teams. When ready, teams can seamlessly migrate to Elastic Security for a unified, AI-driven platform that brings together SIEM, XDR, and cloud security, without missing a beat." EASE is designed for fast deployment and immediate value in security environments that rely on Splunk, Microsoft Sentinel, CrowdStrike, and other tools. EASE includes: Agentless integrations: Native, agentless alert ingest from third-party SIEM and EDR platforms that allow users to apply AI analysis to alerts immediately. AI-powered alert correlation: Users get access to Elastic Attack Discovery, which triages, correlates and prioritizes alerts, as well as a streamlined AI-powered alert view, which supports analysts with AI-powered summaries and context. Context-aware AI Assistant: Agentless data connectors enrich investigations with internal knowledge from sources including Jira, GitHub, and SharePoint, and support natural language queries and RAG-based search across organizational data. Transparent AI with model flexibility: Choose the LLM that works best for your organization, either your own, or the Elastic Managed LLM. AI Assistant responses are cited, so you know what data was used. All queries, responses, and token usage are fully logged and trackable. Operational dashboards: Out-of-the-box metrics highlight time savings, detection improvements, and ROI to help security teams demonstrate business value. "Elastic is tackling a common challenge: how to bring open and transparent AI into the SOC without starting from scratch, said Michelle Abraham, senior research director, Security and Trust, IDC. "EASE helps teams with faster detection and investigation using the tools they already have." To learn more about EASE, read the Elastic blog. To get started, start your free trial today. About Elastic Elastic (NYSE: ESTC), the Search AI Company, integrates its deep expertise in search technology with artificial intelligence to help everyone transform all of their data into answers, actions, and outcomes. Elastic's Search AI Platform — the foundation for its search, observability, and security solutions — is used by thousands of companies, including more than 50% of the Fortune 500. Learn more at Elastic and associated marks are trademarks or registered trademarks of Elasticsearch BV and its subsidiaries. All other company and product names may be trademarks of their respective owners. View source version on Contacts Media Contact Elastic PRPR-team@
