Aston Martin to design interiors for $250m UAE beachfront project

Senior officials at the signing ceremony for the partnership.
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Updated 04 May 2024
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Aston Martin to design interiors for $250m UAE beachfront project

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.


‘Wealth Grows Here’: Aljazira Bank launches new brand identity

Updated 23 December 2025
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‘Wealth Grows Here’: Aljazira Bank launches new brand identity

Aljazira Bank announced the launch of its new brand identity under the slogan “Wealth Grows Here,” marking a natural evolution in a growth journey spanning more than five decades. Over the years, successive phases of transformation have shaped the bank into what it is today, with the new identity serving as the culmination of a strategic chapter that strengthened the bank’s role within the Saudi banking sector.

As part of this milestone, the new brand launch also extended to Aljazira Capital, the bank’s investment arm, reflecting a unified vision and strategic alignment across the group. The updated identity of Aljazira Capital underscored its evolution as a specialized investment and wealth management institution, focused on delivering carefully structured investment solutions and strengthening its role as a trusted partner in building and growing long-term investment portfolios, fully aligned with the bank’s broader direction.

The announcement also included the launch of the new identity for Fawri, aligning it with the bank’s updated brand and reflecting its commitment to delivering reliable and seamless financial transfers within an advanced and integrated financial ecosystem.

Naif bin Abdulkareem Al-Abdulkareem, CEO and managing director of Aljazira Bank, said: “The new brand identity goes beyond a visual change; it is a true reflection of what the bank has become today. Since the strategic refresh in 2023, we have restructured how we operate, aligned our business lines around a shared objective, and strengthened execution. The progress we see today, in service quality and speed of delivery — confirms that we are moving in the right direction.”

The new identity reflects the outcomes of the bank’s 2023 strategic transformation, a pivotal milestone in its journey. This phase focused on developing an integrated banking ecosystem with a stronger emphasis on individual wealth management, supported by a more agile and efficient operating model led by digital channels. It balanced sustainable growth with strengthening the corporate portfolio, accelerating investment in digital infrastructure and human capital, and enhancing operational efficiency.

Since its establishment, Aljazira Bank has progressed through successive stages of growth, evolving from a traditional bank into a more innovative and specialized financial institution. Today, it places wealth management at the core of its proposition, offering a banking experience built on long-term relationships and a deep understanding of clients’ financial aspirations. In parallel, the bank has continued to reinforce its role as a trusted partner to the business sector, serving large corporates as well as small and medium-sized enterprises through solutions that support growth, sustainability, and the Kingdom’s broader economic development goals.

At the heart of this direction stands the bank’s new slogan, “Wealth Grows Here,” which captures its role as a key partner in building and preserving wealth for individuals and businesses alike, creating sustainable value beyond the delivery of traditional banking services.