Almal Real Estate Development Unveils 'The One by Almal' – Introducing a New Benchmark in Global Resort-Style Living Across Southeast Asia
BALI, Indonesia, May 15, 2025--(BUSINESS WIRE)--Almal Real Estate Development, the UAE-based developer renowned for shaping luxury real estate, announces its strategic entry into the Southeast Asian market with the debut of 'The One by Almal' in Bali, Indonesia. This launch signals the beginning of Almal's international footprint under its forward-looking 2030 expansion blueprint, with additional projects already in the pipeline for Thailand, Vietnam, the Philippines, Seychelles, and Mauritius.
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20250515599411/en/
Contacts
Media Contact: Oksana Vitkovska, Head of Marketingov@almal-investments.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Ali Owaid Jasim Founder of Business Email Database Launches Strategic Exit Framework for Digital Entrepreneurs
DUBAI, AE / / June 8, 2025 / Renowned entrepreneur and digital strategist Ali Owaid Jasim Al-rikabi, founder of Business Email Database, has officially launched a new exit strategy framework tailored for digital business owners - particularly those operating in the email data and marketing automation sectors. The goal? Turning data-driven ventures into acquisition-ready assets with real, scalable value. This new system stems from Ali Owaid Jasim's extensive hands-on experience in building and scaling digital companies that leverage targeted email databases, automated marketing funnels, and global compliance structures. It focuses not on theory, but on what works in real, competitive markets. From Email Lists to Exit-Ready Assets Jasim explains: "Many founders build tools. I help them build actual companies - assets with structure, value, and demand in the eyes of real buyers." He adds: "In the email database industry, it's not just about how much data you have - it's about how compliant, clean, and systemized that data is. That's what buyers are really after." Built on Results, Not Theory This framework is the result of reverse-engineering actual digital business exits. Through real-world analysis, Jasim identified exactly what acquirers are looking for in modern digital businesses: GDPR-compliant, well-segmented databases Automated and transferable systems Consistent, diversified lead generation Minimal founder dependency and clear SOPs Introducing the "Business Exit Ready" Program As part of the framework's rollout, Business Email Database is launching the "Business Exit Ready" program. Digital business owners now have two clear pathways: 1. Partner with a certified strategist trained to implement the framework; or 2. Get certified themselves, applying the system internally to increase company value and readiness for acquisition. The certification program also opens new doors for consultants, digital advisors, and exit planners seeking to work with high-growth online businesses. As more founders look to exit smart, Business Email Database is positioning this certification as a new standard in the space. More details on certification and partnership opportunities can be found at Business Email Database. Why It Matters Now With rising interest in acquiring high-performance digital businesses - and many founders unprepared when the opportunity arrives - this framework offers the clarity and direction that most digital entrepreneurs lack. Ali Owaid Jasim puts it simply: "A successful exit isn't about cashing out and disappearing. It's about walking away free, with your systems running, your name strong, and your next chapter wide open." About Ali Owaid Jasim Ali Owaid Jasim Al-rikabi is a digital entrepreneur and strategist specializing in building scalable, data-driven marketing companies. As the founder of Business Email Database, he has helped countless business owners turn their marketing assets into structured, acquisition-ready companies. He is known for his practical, real-world approach to business transformation and digital exit strategy. About Business Email Database Business Email Database is a digital growth and data solutions firm focused on building compliant, monetizable email databases for entrepreneurs and marketing teams. The company offers training programs, advisory services, and pre-built systems to help digital businesses become acquisition-ready. Contact Information:Company: Business Email DatabaseWebsite: ali_jasim@ Person: Ali Owaid Jasim SOURCE: Business Email Database View the original press release on ACCESS Newswire 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
New York Post
2 hours ago
- New York Post
Craft giant Michaels buys Joann's intellectual property, fan-favorite labels
NEW YORK — Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels. The Michaels Companies announced on Thursday that it had completed its purchase of Joann's intellectual property and private label brands — in an acquisition that arrives as the Texas-based arts and crafting chain works to expand its own fabric, sewing and yarn offerings. 'We're honored to have the opportunity to welcome JOANN customers into our creative community and are committed to delivering the selection, value, and inspiration they are looking for at Michaels,' Michaels CEO David Boone said in a statement. Advertisement Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home. Christopher Sadowski The deal, he added, allows the company to better 'respond to rising demand' among both new and existing customers. Financial terms of the acquisition were not disclosed. The Associated Press reached out to Michaels for further information on Friday. Advertisement With roots dating back to a single Ohio storefront in 1943, Joann had grown into a destination for generations of sewers, quilters, knitters and lovers of other crafts for more than 80 years. But more recently, operational challenges continued to pile up — with the retailer pointing to sluggish consumer demand, inventory shortages and rising competition. Joann announced it would be going out of business back in February, just one month after filing for Chapter 11 bankruptcy protection for the second time within a year. Advertisement The Michaels Companies announced on Thursday that it had completed its purchase of Joann's intellectual property and private label brands. NurPhoto via Getty Images At the time, the company said financial services company GA Group, together with Joann's term lenders, had been selected as the winning bidder to 'acquire substantially all of Joann's assets' and conduct going-out-of-business sales at all store locations. Michaels on Thursday said that its purchase of Joann's IP and private brands included the acquisition of 'Big Twist' yarns, which had become a staple in Joann stores over the years. Those 'Big Twist' labels are now being developed as part of Michaels' portfolio — and will be available in-stores and online later this year, the company said. Advertisement In the meantime, Michaels has also dedicated a landing page to welcome former Joann customers online. And as part of its overall expansion into fabrics, Michaels said on Thursday that its adding more than 600 new products from new and existing brands — including quilting supplies and fabrics, specialty threads, sewing machines and more. Michaels, founded in 1973, currently operates 1,300 stores across 49 U.S. states and Canada. Its parent company also owns Artistree, a framing merchandise manufacturer.
Yahoo
3 hours ago
- Yahoo
Gerry Adams's lawyer to pursue chatbots for libel
The high-profile media lawyer who represented Gerry Adams in his libel trial against the BBC is now preparing to sue the world's most powerful AI chatbots for defamation. As one of the most prominent libel lawyers in the UK, Paul Tweed said that artificial intelligence was the 'new battleground' in trying to prevent misinformation about his clients from being spread online. Mr Tweed is turning his attention to tech after he recently helped the former Sinn Fein leader secure a €100,000 (£84,000) payout over a BBC documentary that falsely claimed he sanctioned the murder of a British spy. The Belfast-based solicitor said he was already building a test case against Meta that could trigger a flurry of similar lawsuits, as he claims to have exposed falsehoods shared by chatbots on Facebook and Instagram. It is not the first time tech giants have been sued for defamation over questionable responses spewed out by their chatbots. Robby Starbuck, the US activist known for targeting diversity schemes at major companies, has sued Meta for defamation alleging that its AI chatbot spread a number of false claims about him, including that he took part in the Capitol riots. A Norwegian man also filed a complaint against OpenAI after its ChatGPT software incorrectly stated that he had killed two of his sons and been jailed for 21 years. Mr Tweed, who has represented celebrities such as Johnny Depp, Harrison Ford and Jennifer Lopez, said: 'My pet subject is generative AI and the consequences of them repeating or regurgitating disinformation and misinformation.' He believes statements put out by AI chatbots fall outside the protections afforded to social media companies, which have traditionally seen them avoid liability for libel. If successful, Mr Tweed will expose social media companies that have previously argued they should not be responsible for claims made on their platforms because they are technology companies rather than traditional publishers. Mr Tweed said: 'I've been liaising with a number of well-known legal professors on both sides of the Atlantic and they agree that there's a very strong argument that generative AI will fall outside the legislative protections.' The lawyer said that chatbots are actually creating new content, meaning they should be considered publishers. He said that the decision by many tech giants to move their headquarters to Ireland for lower tax rates had also opened them up to being sued in Dublin's high courts, where libel cases are typically decided by a jury. This setup is often seen as more favourable to claimants, which Mr Tweed himself says has fuelled a wave of 'libel tourism' in Ireland. He also said Dublin's high courts are attractive as a lower price option compared to London, where he said the costs of filing libel claims are 'eye-watering'. He said: 'I think it's absurd now, the level of costs that are being claimed. The libel courts in London are becoming very, very expensive and highly risky now. The moment you issue your claim form, the costs go into the stratosphere. 'It's not in anyone's interest for people to be deprived of access to justice. It will get to the point where nobody sues for libel unless you're a billionaire.' Meta was contacted for comment. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.
