logo
Football Legend Totti deepens collaboration with Major Developers

Football Legend Totti deepens collaboration with Major Developers

Zawya5 hours ago

Ras Al Khaimah, UAE: The ongoing collaboration between Major Developers and international football icon Francesco Totti has become a hallmark of distinction for Manta Bay, now emerging as one of the most trusted and globally recognized real estate destinations in Ras Al Khaimah. Totti's enduring influence elevates the project's international appeal, capturing the imagination of elite investors seeking rare, experience-driven luxury.
Originally introduced through the Totti Signature Collection—a set of 10 exclusive ultra-luxury residences curated with the Italian icon's input—the collaboration has evolved into a defining element of the Manta Bay lifestyle. As a homeowner and ambassador, Totti enhances the project's image as a destination for those seeking privacy, refinement, and distinction.
These residences are more than just architectural landmarks. They reflect a lasting legacy of excellence,' said Andrei Charapenak, CEO of Major Developers. 'Francesco Totti's continued association with Manta Bay strengthens our connection with global investors who value trust, authenticity, and meaningful luxury. Our vision goes beyond design trends; we create destinations that stand the test of time, where every detail contributes to a lifestyle built on heritage, refinement, and enduring value. Each home within the Totti Signature Collection is designed to reflect a refined lifestyle, with wellness gardens, private cinemas, outdoor Jacuzzis, and signature memorabilia. Buyers are welcomed with an exclusive key handover hosted by Totti, followed by a private dinner in his company—an experience that underscores the personal nature of this collaboration.
Totti joins a distinguished circle of global icons who have embraced Manta Bay's exclusive lifestyle. Celebrated football legends such as Marco van Basten and Frank Rijkaard have also chosen the development as their personal destination—drawn by its architectural finesse, waterfront setting, and immersive living experience. With 97% of units already sold, Manta Bay continues to resonate with elite buyers seeking exceptional real estate anchored in both luxury and legacy. Valued at AED 1 billion, Manta Bay features panoramic sea views, the region's first sky pool beach, a full-service wellness center, and platinum-tier concierge services. The project is contributing to Ras Al Khaimah's growing reputation as a hub for luxury real estate in the region.
The collaboration with Francesco Totti reflects Major Developers' vision of luxury as an experience that transcends aesthetics—rooted in identity, aspiration, and global prestige. By partnering with icons who embody excellence, the company continues to craft destinations that are both desirable and enduring. More than real estate, Major Developers is building a global brand defined by timeless living and legendary collaborations.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

World shares trade near record highs, crude gains nudged by Middle East ceasefire
World shares trade near record highs, crude gains nudged by Middle East ceasefire

Khaleej Times

time38 minutes ago

  • Khaleej Times

World shares trade near record highs, crude gains nudged by Middle East ceasefire

Global shares traded near record highs on Wednesday while crude oil prices gained and were on track to snap three straight sessions of declines as Middle East tensions eased, allowing markets to focus on U.S. inflation and prospects of interest rate cut. A ceasefire between Israel and Iran appeared to be holding, further reducing the risks of disruptions to the global oil trade. At a NATO summit on Wednesday, President Donald Trump basked in the quick end to the 12-day conflict, saying he now expected a relationship with Iran that would preclude rebuilding its nuclear programme. Federal Reserve Chair Jerome Powell resumes two days of Congressional testimony on Wednesday when he appears before the Senate Banking committee after scrutiny before a House panel on Tuesday. Benchmarks S&P 500 and Nasdaq were hovering near a fresh record high, helped by gains in technology and communication services shares. The Dow was trading lower. The Dow Jones Industrial Average fell 0.10% to 43,045.70, the SP 500 rose 0.17% to 6,102.26 and the Nasdaq Composite rose 0.44% to 19,999.51. European shares turned lower, dropping 0.5%. MSCI's broadest index of Asia-Pacific shares outside Japan finished up 0.8% overnight. MSCI's gauge of stocks across the globe rose 0.05% to 903.46, after hitting a fresh record high earlier in the session. "It looks like we've got a bit of a tug of war as to everything from Middle East tensions to how that's going to impact inflation, and then you've got oil prices firming up a little bit," said Sandy Villere, portfolio manager at Villere Co in New Orleans. "It would be interesting if oil gets weaker and inflation stays at bay and then you wrap all that into what Powell has been saying. It feels like the market is being pretty resilient." Brent crude futures were up 0.94% at $67.80 a barrel, while U.S. West Texas Intermediate (WTI) crude CLc1 was up 1%, to $65.04. Prices had plunged more than 10% over the two sessions after rallying to five-month highs after the U.S. attacked Iran's nuclear facilities over the weekend.

Dubai announces free parking for Islamic New Year
Dubai announces free parking for Islamic New Year

The National

timean hour ago

  • The National

Dubai announces free parking for Islamic New Year

Dubai's Roads and Transport Authority has announced that public parking zones across the emirate will be free of charge on Friday, June 27, in observance of Islamic New Year. Regular fees will resume on Saturday, June 28. The only exception will be for multilevel car parks. Dubai Metro will operate on Friday, June 27, from 5am to 1am, while the Dubai Tram will run from 6am on June 27 until 1am. RTA Customer Happiness centres will be closed on Friday but the Smart Customer Happiness centres in Umm Ramool, Deira, Al Barsha, and the head office will remain operational 24/7 as usual. All service provider centres will be closed on Friday and vehicle technical testing services will resume on Saturday. Commuters are advised to check the S'hail or RTA app to see schedules for public buses and marine transport. What is Islamic New Year? Public and private sector workers across the UAE will be granted a public holiday on Friday to mark the start of the new Islamic year. The Islamic, or Hijri, New Year, heralds the beginning of Muharram, the first of 12 months on the Islamic calendar. The Federal Authority for Government Human Resources issued a circular to ministries and federal departments to confirm the public holiday, while the Ministry of Human Resources and Emiratisation announced the holiday for the private sector. In contrast to Eid Al Fitr and Eid Al Adha, no religious observances are typically held to mark the Islamic New Year. It is generally regarded as a day of reflection rather than celebration.

UAE to remain among strongest performers in the GCC : World Bank
UAE to remain among strongest performers in the GCC : World Bank

Khaleej Times

timean hour ago

  • Khaleej Times

UAE to remain among strongest performers in the GCC : World Bank

The World Bank has warned that escalating tensions between Iran and Israel pose a serious threat to economic stability across the GCC region, potentially derailing growth prospects and intensifying global uncertainty. While the immediate economic impact of the conflict remains difficult to quantify, the bank cautions that the fallout could ripple far beyond energy markets, affecting trade, inflation, investor sentiment, and fiscal stability. Safaa El Tayeb El-Kogali, the World Bank's regional director for the GCC, highlighted the risks during the release of the Bank's latest Gulf Economic Update. She noted that the region remains particularly vulnerable to geopolitical shocks, given its centrality to global oil markets and shipping routes. 'Any conflict, especially in this region, can have long-lasting and adverse effects,' she said, pointing to rising shipping costs, increased inflationary pressures, and mounting investor caution as potential consequences. 'The conflict between Iran and Israel is injecting a new layer of uncertainty into the global economy,' said El-Kogali. 'In such volatile conditions, investors tend to adopt a wait-and-see approach, delaying decisions until clarity and stability return.' Even as the region braces for potential external shocks, the World Bank acknowledged the GCC's economic resilience, largely credited to sustained diversification efforts. In 2024, the region's overall GDP grew by 1.8 per cent, a notable improvement from 0.3 per cent in 2023. This recovery was driven by a robust 3.7 per cent expansion in non-oil sectors, which helped offset a 3 per cent contraction in oil output due to Opec+ production cuts. Looking ahead, the Bank projects regional growth will rebound to 3.2 per cent in 2025 and accelerate to 4.5 per cent by 2026, supported by the gradual easing of oil production curbs and continued momentum in non-oil industries. The UAE is forecast to be among the strongest performers, with growth reaching 4.6 per cent in 2025 and stabilising at 4.9 per cent through 2027. This is expected to be fuelled by targeted public investments, improvements in governance, and expanding international partnerships, along with the normalisation of oil production levels. However, the outlook remains highly contingent on geopolitical developments and the broader global economic environment. 'Global trade uncertainty, weaker demand from key trading partners, and sustained volatility in oil markets could undermine growth projections,' El-Kogali warned. She urged policymakers to accelerate structural reforms, deepen intra-regional trade, and reduce dependency on hydrocarbons to build greater economic resilience. The World Bank's report, Smart Spending, Stronger Outcomes: Fiscal Policy for a Thriving GCC, stresses the need for smarter fiscal management amid persistent oil price fluctuations and growing expenditure pressures. Some Gulf economies are projected to face widening fiscal deficits in 2025, highlighting the urgency of reforming government finances. The report finds that fiscal policy has played a stabilising role during economic downturns, with a one-unit increase in public spending boosting non-oil GDP by up to 0.45 units. Nonetheless, the impact of public investment on long-term productivity and potential output remains limited. The Bank estimates that a one-time increase of one percentage point in government investment yields only a 0.07 per cent rise in non-oil potential output, indicating a need to reassess how fiscal resources are allocated. To address short- and long-term risks, El-Kogali recommended a multi-pronged approach involving fiscal diversification, tax reform, and stronger regional trade integration. 'Sustaining growth will depend on our ability to reduce exposure to fossil fuels, create high-quality jobs for youth, and stimulate innovation and entrepreneurship,' she said. She also pointed to the need for inclusive growth policies that support domestic consumption, bolster exports, and attract stable investment. With the spectre of conflict looming large and global economic headwinds gathering, the World Bank's message to GCC economies is clear: the time to fast-track reform is now, before volatility undermines years of hard-won progress.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store