
Amwaj Beachfront appoints Ahmed Khalfan as new Chief Executive Officer
MANAMA, BAHRAIN - Amwaj Beachfront, an award-winning multi-use development project in Amwaj Island, announced the appointment of Ahmed Khalifa Khalfan as its new Chief Executive Officer. The developments components include luxury residential apartments, beachfront townhouses, and retail units across 33,391 sqm of waterfront space. The project boasts 400 meters of pristine beach space with state of the art amenities.
Located at the forefront of Amwaj Island, The luxury development will provide residents with a prime location connected directly to the new Muharraq ring road, positioning it minutes away from the Kingdoms' key landmarks. Its close proximity to entertainment, shopping outlets, hotels, and marinas makes it a key residential address.
Khalfan joins Amwaj Beachfront bringing with him 25 years of extensive experience in real estate sales, marketing and business development, drawing on his background as a Fulbright Scholar, with an MBA in Marketing and an ACIM qualification from the Chartered Institute of Marketing.
"We are thrilled to welcome Ahmed Khalfan as the new CEO of Amwaj Beachfront," said Majed Al Khan, Chairman of Amwaj Beachfront. "This strategic direction reflects our commitment to transforming this project into a vibrant, world-class hub that enhances everyday living. By using our expertise and relationships with esteemed international brands and operators we are focused on delivering an elevated product and premier lifestyle destination, expanding our portfolio and reinforcing our position as a leading developer of transformative destinations."
'I am honored to join the exceptional team at Amwaj Beachfront,' states Khalfan. 'Our aim is to create an upscale community that not only offers an unparalleled living experience but adds value while driving sustainable growth and value for our stakeholders. With the support of our expert team, I am confident in delivering a world class destination, and highly anticipate working with our partners to realise this vision.'
About Amwaj Beachfront
Amwaj Beachfront is a leading developer and operator of luxury beachfront properties across the Middle East. Founded in 2008, the company's portfolio includes award-winning resorts, residential developments, and mixed-use properties that combine world-class amenities with stunning coastal locations. Committed to sustainable development and authentic guest experiences, Amwaj Beachfront continues to set the benchmark for luxury coastal living in the region.
Contact Information
Media Relations Department
Amwaj Beachfront
media@amwajbeachfront.com
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Arabian Business
5 hours ago
- Arabian Business
Dubai's Wasl offers first-time buyers rare chance with new South Garden homes
A new Dubai real estate development will offer first-time buyers priority access to homes in its latest project. In line with the Dubai First-Time Home Buyer (FTHB) program, a substantial share of the newly released residential units in South Garden Buildings D and E will be reserved for eligible first-time buyers. The move underscores Wasl's contribution to the initiative and supports the Dubai Real Estate Strategy 2033, which aims to boost homeownership rates across the emirate. First-time property buyers in Dubai The new release follows the rapid 48-hour sellout of South Garden's initial phase in 2024. Buildings D and E will add a curated selection of studios, one-, two-, and three-bedroom apartments at Wasl Gate, a freehold master development in Jebel Ali. Strategically located with direct Metro access and close to Festival Plaza Mall, the project combines connectivity and tranquillity. Amenities include a private gated zen garden, reflecting Wasl's commitment to delivering communities that offer long-term value for both residents and investors. As part of its partnership with the Dubai Land Department (DLD) and the Dubai Department of Economy and Tourism (DET), Wasl will provide registered first-time buyers with exclusive early access to units, along with tailored incentives such as discounted pricing. While some units will be allocated to the wider public, demand is expected to be strong given the project's track record of rapid sellouts. Mohamed Al Bahar, Director of Business Development at Wasl Group, said: 'The fact that so many are choosing to buy their first home through Wasl speaks volumes. It reflects not only the strength of our communities, but the trust we've earned to deliver quality, opportunity and value in a competitive market. 'With this launch, we're reaffirming our role as a developer of purpose, supporting Dubai's evolving housing needs while giving first-time buyers a real chance to step onto the property ladder.' The South Garden expansion highlights Wasl's ongoing role in shaping Dubai's property market and its commitment to fostering greater homeownership opportunities across the city.


Arabian Business
5 hours ago
- Arabian Business
Inside Ras Al Khaimah's real estate boom reshaping the UAE's property market
Ras Al Khaimah is witnessing an unprecedented boom in its real estate sector, rapidly emerging as one of the UAE's fastest-growing property markets under the leadership of Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah. Driven by sound urban planning, sustainability, and a focus on quality of life, the emirate is reshaping its skyline with world-class projects while building a diversified, resilient economy. Over the past three years, Ras Al Khaimah has recorded significant increases in real estate sales and prices, supported by landmark developments in hospitality, commercial, and residential sectors. Ras Al Khaimah real estate boom Population growth, from 400,000 to a projected 650,000 by 2030, is expected to generate demand for around 45,000 new housing units. This momentum is reinforced by investor-friendly legislation and the entry of leading developers such as Emaar, Aldar, and Ellington Properties, alongside local champions including Marjan, Al Hamra, and RAK Properties. At the centre of the transformation is Al Marjan Island, led by Marjan CEO Abdulla Al Abdooli. The coastal destination already hosts luxury hotel brands such as Wynn, JW Marriott, Nobu, Missoni, and The Address. Marjan is also developing RAK Central, a mixed-use hub that will become one of the Northern Emirates' largest commercial districts, featuring Grade-A offices, residences, and leisure facilities built with green building standards under Ras Al Khaimah Vision 2030. Al Hamra Real Estate Development, led by CEO Benoy Kurien, continues to deliver integrated communities through its flagship Al Hamra Village, home to more than 10,000 residents across 4,000 units and a golf course. Its portfolio also includes Waldorf Astoria Residences, Falcon Island, Al Hamra Waterfront, and Manar Mall, the emirate's largest shopping destination. Meanwhile, RAK Properties is expanding the coastline with its landmark project Mina, anchored by resorts including Anantara Mina Ras Al Khaimah and InterContinental Ras Al Khaimah. Future developments include Nikki Beach, Staybridge Suites, and the planned Four Seasons Hotel. Abdulaziz Abdullah Al Zaabi, Chairman of RAK Properties, said: 'The vision of Ras Al Khaimah is now becoming a reality. We are creating a vibrant and sustainable environment that attracts global investment while preserving the unique culture and natural heritage of our Emirate.' Sameh Muhtadi, CEO of RAK Properties, confirmed that Ras Al Khaimah is receiving 'unprecedented global attention due to exceptional efforts over the past two years,' and expressed confidence in maintaining the momentum. The emirate's real estate expansion is underpinned by robust infrastructure, including eight hospitals such as the advanced RAK Hospital, and a modern private education system overseen by the Department of Knowledge. Consistently ranked among the world's safest places to live, Ras Al Khaimah has strong appeal for families and long-term residents. Tourism also continues to play a central role. In 2024, the emirate welcomed a record 1.28m visitors to its attractions, from Jais Flight—the world's longest zipline—to Bear Grylls Explorers Camp and 1484 by Puro, the UAE's highest restaurant. RAK Hospitality Holding, led by CEO Alison Grinnell, is further strengthening the sector through acquisitions and innovative experiences. Industry leaders agree that Ras Al Khaimah is now one of the region's fastest-growing markets, attracting global investors to its beachfront apartments, luxury villas, golf communities, and lifestyle destinations. Guided by its 2030 Vision, the emirate's inclusive and sustainable strategy continues to place people at the heart of progress. With more developers, investors, and residents choosing Ras Al Khaimah, the emirate is positioning itself as a benchmark for smart cities, vibrant communities, and opportunity-driven living.


Zawya
5 hours ago
- Zawya
Egypt: Madinet Mas to launch $6.2mln real estate investment fund in Saudi Arabia
Secure Assets for Fixed Earnings (SAFE), owned by Madinet Masr Housing and Development, plans to establish a real estate investment fund in Saudi Arabia, with a target capital of EGP 300 million. This move aligns with the company's objectives to enhance future growth opportunities, according to a bourse filing. Madinat Misr is considering three plots of land for a residential project in Riyadh. They range in size from 300,000 to 500,000 square meters. SAFE handled transactions amounting to EGP 300 million in inventory value after facilitating the sale of more than 5,600 property shares within its first six months of operation. In the first half (H1) of 2025, the EGX-listed company's consolidated net profits after tax and non-controlling interest dropped by 11% to EGP 1.28 billion from EGP 1.45 billion in H1-24. All Rights Reserved - Mubasher Info © 2005 - 2025 Provided by SyndiGate Media Inc. (