Latest news with #Almal
New Straits Times
16-05-2025
- Business
- New Straits Times
UAE's Almal Real Estate enters Southeast Asia with luxury project in Bali
KUALA LUMPUR: Almal Real Estate Development, the United Arab Emirates (UAE)-based developer, has announced its entry into Southeast Asia with the launch of its first international project, 'The One by Almal', in Bali, Indonesia. Its founder, Dmitriy Starovoitov said the company is shaping the future of resort-style living globally, and its expansion into Southeast Asia is a strategic move following its strong performance in the UAE. "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," he said in a statement. The project, located in Nusa Dua, marks the start of its 2030 expansion plan, which includes future developments in Thailand, Vietnam, the Philippines, Seychelles, and Mauritius. 'The One by Almal' will introduce a residential resort-style living concept, combining beachfront villas, residences, and townhouses with curated resort services, wellness programmes and signature dining experiences. The developer is known for landmark projects such as The Unexpected Al Marjan Island Hotel & Residence in Ras Al Khaimah, which achieved record-breaking sales, and Harrisoni Villas in Dubai, a collection of luxury beachfront properties valued at over US$30 million each. (US$1=RM4.27) Almal is also behind the Smart Space concept, set to be the UAE's first branded off-plan business centre, and is actively exploring new investment avenues through digital platforms such as the upcoming 'The One' app. The Bali project marks a significant step in Almal's international journey as it seeks to redefine luxury real estate experiences in emerging and high-growth markets.
Barnama
16-05-2025
- Business
- Barnama
Almal Real Estate Development Unveils 'The One by Almal' – Introducing A New Benchmark In Global Resort-Style Living Across Southeast Asia
BALI, Indonesia, May 16 (Bernama) -- 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.
Yahoo
15-05-2025
- Business
- Yahoo
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 and Source: AETOSWire View source version on Contacts Media Contact: Oksana Vitkovska, Head of Marketingov@
Business Wire
15-05-2025
- Business
- Business Wire
Almal Real Estate Development Unveils 'The One by Almal' – Introducing a New Benchmark in Global Resort-Style Living Across Southeast Asia
BALI, Indonesia--(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 and Source: AETOSWire
Leaders
26-03-2025
- Business
- Leaders
Saudi Arabia Unveils Plans to Invest $2.26b in Gold, Phosphate
Saudi Arabia plans to invest nearly 8.5 billion Saudi riyals ($2.26 billion) in gold and phosphate production projects in 2025. This investment aims to develop the Kingdom's mining sector as part of Vision 2030. Ma'aden, the state-owned mining company, will lead these investments, according to a report by Almal newspaper. The Mansourah-Massarah mine will become Saudi Arabia's largest gold mine, processing 4 million tons of ore annually and producing 250,000 ounces of gold per year. Additionally, Ma'aden is studying capacity expansions for the Mahd Ad Dhahad and Ar Rujum gold mines, aiming to increase production by 200,000 ounces per year each by 2025 and 2026, respectively. Phosphate Projects and Global Impact Ma'aden's third phosphate project, valued at $6.4 billion, will boost Saudi Arabia's phosphate production capacity. This project will make Saudi Arabia the second-largest global phosphate producer, contributing to global food security. The project, located in Al Khurmah governorate, will have a significant production capacity, further enhancing Saudi Arabia's position in the global mining sector. These projects align with Saudi Arabia's Vision 2030, aiming to diversify the economy away from oil. The mining sector is set for rapid growth, with substantial investments and exploration licenses issued since 2019. The Industry and Mineral Resources Ministry has been instrumental in this growth, supporting the development of the mining sector. Saudi Arabia's Mineral Wealth Saudi Arabia holds an estimated $2.5 trillion in mineral wealth, including significant reserves of gold, phosphate, and other minerals. The Kingdom controls 323 tonnes of gold reserves, the largest in the Arab world and 18th globally. The value of these reserves, along with other underground metals, is estimated at over $2.5 trillion. Saudi Arabia's investment in gold and phosphate projects reflects its commitment to economic diversification. These projects will not only boost the mining sector but also contribute to global food security and economic stability. With Vision 2030 as a guiding framework, Saudi Arabia is poised to become a major player in the global mining industry. Short link : Post Views: 26
