Dar Global, a London-listed luxury international real estate developer, has announced a new partnership with Aston Martin. The collaboration will see the British ultra-luxury marque carefully craft interiors for an exquisite beachfront residential development in Ras Al-Khaimah, UAE.

To be officially unveiled in May, the new development will be situated on Al-Marjan Island. It is the first time Aston Martin’s internationally acclaimed design team has applied its renown to a real estate project in the GCC, building on successful brand collaborations in the US and Japan.

To be strategically positioned in a pristine location near the highly anticipated Wynn Resort, the new residence, with interiors by Aston Martin, promises to bring the car maker’s signature blend of sophistication, elegance, and high performance to the property, providing a unique fusion of luxury living and natural coastal beauty. The accompanying private beach gives way to scenic walking tracks and lush green spaces, with the bright lights of Dubai just an hour away.

With a gross development value of approximately $250 million, the project is expected to be completed in 2028, in joint development with Aarvees Group.

Abdulla Al-Abdouli, CEO of Al-Marjan, said: “The introduction of a residence with interiors by Aston Martin on Al-Marjan Island further enhances the appeal of our premier destination. This partnership reflects our commitment to delivering unparalleled experiences and reinforces Ras Al-Khaimah’s position as a leading real estate hub in the region.”

Stefano Saporetti, director of brand diversification at Aston Martin, said: “The partnership between Aston Martin and Dar Global brings together two ultra-luxury lifestyle organizations with a shared passion for combining traditional craftsmanship with innovation and cutting-edge design. Marking Aston Martin’s very first real estate collaboration in the GCC, we are incredibly proud to have the opportunity to design ultra-luxury interiors for what we believe will be an unparalleled development in the emerging luxury destination of Al-Marjan Island.”

Ziad El-Chaar, CEO of Dar Global, said: “Our collaboration with Aston Martin marks a significant milestone for Dar Global as we expand our footprint into Ras Al-Khaimah. With a track record of delivering iconic properties, we are committed to setting new standards of luxury living in this vibrant emirate.’’

Rajat Verma, president of Aarvees Group, added: “As Ras Al-Khaimah rightfully solidifies its destination appeal amid local and international investors, we are excited to contribute to its growth momentum alongside Dar Global, a visionary brand that is upending the global real estate market. With our joint expertise in luxury developments, we look forward to delivering a truly splendid lifestyle for our valued customers with this new project on Al-Marjan Island.

In a strategic step, EdfaPay, a leading technical payments startup, announced that it has obtained a license and approval for its financial payment solutions in the Tunisian market through its arm “WePay” in cooperation with We-Settle. This step strengthens EdfaPay’s plans for expansion in Africa in the field of financial payments, to assist countries in their digital transformation and boost the Saudi company’s position as a leading technical payments provider.

WePay’s superior platform is the result of combining the experience of EdfaPay and the advanced fintech services of Tunisia’s WePay. The expansion aims to provide payments integrated solutions to keep up with global market demands, and to promote advanced technological payments in the region. 

EdfaPay has previously obtained licenses from global payment companies such as Visa, MasterCard, and American Express, before obtaining the local Tunisian authentication. The startup is ready to launch its service in May along with the signing of contracts with clients from Tunisia and Morocco. 

This step comes as a critical turning point for EdfaPay’s global expansion. Fintech products including checkout and SoftPoS will be introduced and developed by WePay, in addition to WePay International, a cross-border payment service for residents abroad, providing customers with a seamless and secure payment experience.

It also comes as an affirmation of EdfaPay’s commitment to exporting Saudi fintech to the world and enhancing international cooperation in the field.

Commenting on the expansion, Ghormallah Al-Ghamdi, founder and CEO of EdfaPay, stressed the importance of this strategic step and its vital role in achieving the company’s global goals. He said: “I am pleased and proud to announce the future of this regional expansion. As EdfaPay has always been, it aspires to achieve distinguished successes and enhance its global presence, and this expansion is a realization of this goal, thanks to the guidance and efforts of our wonderful team and the support of the Kingdom of Saudi Arabia.”

Al-Ghamdi added: “We succeeded in achieving this strategic cooperation, which promises to open new doors to our uttermost goal of worldwide expansion.”

Naima Mawla, general director of WePay, said: “We are proud of this achievement and obtaining the financial payments license in line with our ambitions, which enhances WePay’s local and global goals and objectives, anchored by pioneering and talented Arab and regional competencies.” 

She added: “We are proud of what we have achieved so far as it resulted in this distinguished launch of WePay services, and we confirm that this is the beginning of an ambitious successful journey with innovative financial services that meet local, regional and global requirements.”

The move opens a new chapter for EdfaPay to expand to African and European markets and pushes it to work with more dedication to achieve its ambitious vision of improving the fintech payments experience for consumers around the world.