Bvlgari to Launch Ultra-Luxury Island Resort in Abu Dhabi by 2030
Private beaches, large-scale villas, and a members-only yacht club form the core of the island's layout, designed for privacy, access to water, and long-stay coastal living.
Bvlgari Hotels & Resorts is heading to Abu Dhabi — and not just anywhere in the capital, but to a private, horseshoe-shaped island set to become one of the most exclusive addresses in the UAE.
Slated to open in 2030, the Bvlgari Resort and Mansions Abu Dhabi will feature architecture inspired by the desert's natural tones and contours, blending contemporary lines with regional influence. Sustainability is also a key part of the project's design.
Developed in partnership with Eagle Hills, the island destination will include 60 rooms and suites, among them two signature Bvlgari Suites and a penthouse, along with 30 beachfront villas, each with a private pool and open sea views. The resort will also include 90 mansions ranging from 1,650 to 2,500 square metres, with select estates offering private beaches and docks for 25-metre yachts.
Surrounded by panoramic views of the Arabian Gulf, the Abu Dhabi skyline, and Qasr Al Watan, the island will be accessible by bridge or by sea. Its sense of seclusion is matched by a suite of high-end amenities: a 2,000-square-metre Bvlgari Spa, a 1,000-square-metre fitness centre, and a 25-metre lap pool, alongside fine dining concepts including Il Ristorante – Niko Romito and Japanese venue Hōseki.
A private Bvlgari Yacht Club, complete with its own beach, marina, and members-only spaces, will serve as a centrepiece of the development.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
See - Sada Elbalad
2 days ago
- See - Sada Elbalad
Gold Remains Calm Amid Escalating Middle East Tensions
Waleed Farouk Despite mounting geopolitical tensions in the Middle East and an exchange of strikes between Israel and Iran, gold has remained remarkably calm, holding just below the $3,400 per ounce mark — an unusual reaction from the traditional 'crisis safe haven.' In a scene fraught with serious developments, Israeli and U.S. strikes targeted Iranian nuclear facilities, including the heavily fortified Fordow reactor. Iran responded with what were described as attacks near Israel's Dimona nuclear facility in the Negev. Yet, despite the political and military uproar, gold prices showed little reaction, moving modestly from $3,250 to $3,450 per ounce — falling short of any significant rally. Deterrence, Not War Markets interpreted the strikes as acts of mutual deterrence, not a full-scale war. While the escalation was undoubtedly serious, it lacked signs of further escalation or a direct threat to global economic stability — depriving gold of the fear-driven momentum it typically thrives on. Instead, investor attention turned to energy markets, where oil stole the spotlight as the asset most sensitive to geopolitical risk. Gold, by contrast, faced stiff competition from more liquid safe havens such as the U.S. dollar, Swiss franc, and Japanese yen — all favored in a tight monetary environment for their rapid exit potential. Gold had already seen a gradual price increase in anticipation of mounting tensions, meaning the military action itself didn't catch the market off guard. Traders responded with the classic strategy of "sell the news" — buying on rumors and selling on confirmation. U.S. Interest Rates: Gold's Real Rival The recent implementation of U.S. tariffs reignited inflation, diminishing hopes for near-term interest rate cuts. As the Federal Reserve continues to enforce tight monetary policy, gold loses its edge to higher-yielding assets like U.S. Treasury bonds. No Global Panic, No Gold Surge Historically, gold's strongest rallies have come during periods of global financial panic — such as the 2008 financial crisis, the 2020 COVID-19 pandemic, or the 2022 Ukraine invasion. In contrast, the Fordow strike, while symbolically nuclear, remained regionally contained and did not disrupt global supply chains or paralyze economies. Quiet Coordination Behind the Scenes Speculation of backchannel coordination among major powers also helped ease market fears. It appeared that global actors were aiming to de-escalate, not escalate — calming investor nerves and muting the instinctive rush to gold. What Could Trigger a Gold Surge? The most likely trigger for a sharp spike in gold would be: The closure of the Strait of Hormuz, threatening global energy shipping, or A full-scale confrontation between the U.S. and Iran, involving strategic military bases across the Gulf region. Only then might gold reclaim its status as the ultimate safe haven and guardian of wealth. Until such a spark ignites the markets, however, gold is likely to remain subdued, quietly waiting for a larger geopolitical shock to fuel a true breakout rally. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean
Mid East Info
3 days ago
- Mid East Info
Shared vision for mobility, motorsport boosting UAE's trading partnership with Japan – Ben Sulayem - Middle East Business News and Information
FIA President says meeting with Japanese Prime Minister revealed approach which is a model for nations across the world Dubai, UAE, 26th June, 2025: Mohammed Ben Sulayem, President of the Fédération Internationale de l'Automobile (FIA), says a shared vision for the future of mobility and motor sport is helping to reinforce the UAE's strong trading partnership with Japan. Ben Sulayem recently returned from an official visit to Japan where he met Prime Minister Shigeru Ishiba and other leading officials, and was given deep insights the country's influence on global transportation and its status as a rising motorsport powerhouse. 'Throughout our discussions it became clear that Japan's approach is a model for nations across the world,' said the FIA President. 'From sustainable fuels to smart infrastructure, Japan continues to push boundaries in ways that align with the FIA's global mission.' Japan and the UAE continue to strengthen their trade partnership, with the UAE maintaining its position as Japan's top Gulf trade partner – accounting for 43.6% of Japan's total trade with Middle Eastern countries. In 2024, bilateral trade reached $49.6 billion, marking a steady 1.2% increase compared to 2023. Last year, Japanese exports to the UAE totalled $12.73 billion, vehicles and the automotive industry leading the way at $4.7 billion, a marked 10.9% year-on-year growth fuelled by strong demand for SUVs, sedans, and hybrid vehicles[1]. 'This collaboration is not just about trade, it is about a shared vision for our global future,' said Ben Sulayem. 'Prime Minister Ishiba's leadership in promoting sustainable and innovative mobility solutions is setting a powerful precedent, ensuring that Japan remains at the forefront of advancements in transportation, investing annually over $38 billion in mobility infrastructure[2]. 'His dedication to fostering innovation is equally clear in Japan's motorsport industry. A surge in fan engagement and a growing pipeline of talented drivers, Japan is rapidly solidifying its status as a global motorsport hub.' Japan produces around 8.23 million vehicles annually[3], but is not just a country that builds cars – it is a nation that defines how the world moves. 'With groundbreaking developments in sustainable mobility, artificial intelligence, and a community-first approach, Japan is shaping the future of transportation,' said Ben Sulayem. 'The nation's innovation verges at times on what could feel like science fiction – magnetic levitation cars developed by researchers at the Okinawa Institute of Science and Technology eliminate the need for traditional engines and batteries, promising higher energy efficiency and a broad sustainable impact[4]. ' The FIA President says Japan's passion for motorsport is contributing to a growing sporting scene and a stronger impact globally, as the country continues to set a high standard, from grassroots to its F1 Japanese Grand Prix which draws record crowds year on year. Says Ben Sulayem: 'Japan is more than just a hub for mobility and motorsport. It is a symbol of what is possible when passion meets progress. The FIA will continue to champion innovation, sustainability, and accessibility, working alongside Japan to shape the next chapter in global mobility and motorsport.' -ENDS- Notes to Editors: The Fédération Internationale de l'Automobile (FIA) is the governing body for world motorsport and the federation for mobility organisations globally. It is a non-profit organisation committed to driving innovation and championing safety, sustainability and equality across motor sport and mobility. Founded in 1904, with offices in Paris, London and Geneva, the FIA brings together 245 Member Organisations across five continents, representing millions of road users, motor sport professionals and volunteers. It develops and enforces regulations for motor sport, including seven FIA World Championships, to ensure worldwide competitions are safe and fair for all. [1] All statistics provided by the Japan External Trade Organisation (JETRO) [2] [3] [4]
See - Sada Elbalad
3 days ago
- See - Sada Elbalad
Dollar Weakens after Iran-Israel Ceasefire; Euro Hits Highest Level
Taarek Refaat The US dollar slipped during trading on Tuesday, June 24, while the euro climbed to its highest level since October 2021. This movement followed the announcement of a ceasefire between Iran and Israel, alongside Federal Reserve Chair Jerome Powell's recent remarks forecasting a rise in US inflation this summer. The ceasefire began to hold under strong pressure from US President Donald Trump, sparking cautious optimism about ending the largest military confrontation ever recorded between Israel and Iran. Market Reaction and Currency Movements Adam Button, Chief Currency Analyst at ForexLive in Toronto, commented: 'The market is currently pulling back from its earlier bets on Middle East tensions.' The euro and the Japanese yen both appreciated amid falling oil prices. This reflects the energy import dependence of the European Union and Japan on oil and liquefied natural gas, in contrast to the US, which is a net exporter of these commodities. The euro gained 0.28%, closing at $1.161 after peaking at $1.1641 earlier in the session. The dollar fell 0.86% against the Japanese yen, to 144.89 yen. The Australian dollar, sensitive to risk sentiment, rose 0.46% against the US dollar to $0.6486. The British pound climbed 0.77% to $1.3626, touching earlier highs not seen since January 2022. Egyptian Pound Rates: US Dollar 49.8363 49.9763 Euro 57.8400 58.0075 Powell's Inflation Outlook and Fed Policy Despite the dollar's decline, Federal Reserve Chair Jerome Powell's testimony before Congress underscored expectations for rising inflation in the US over the near term. Powell emphasized that the Fed is in no hurry to cut interest rates, even as some other Fed officials signal support for rate reductions soon. This mixed messaging left traders searching for clear guidance: Powell noted a strong labor market without signs of weakening, contrasting with Fed policymakers Christopher Waller and Michelle Bowman, who observed early softening. Adam Button noted: 'The market anticipated a strong signal on imminent rate cuts, but Powell remains cautious.' Rate Cut Speculation Vice Chair Michelle Bowman suggested rate cuts may be approaching, while Christopher Waller urged consideration of cuts at the Fed's next meeting. President Trump also advocated for reducing rates by 2 to 3 percentage points. Futures markets have increased their expectations for rate cuts this year to 60 basis points from 46 basis points before Waller's remarks. This implies two cuts of 25 basis points are considered likely, with a rising chance of a third cut. However, a rate cut is unlikely at the upcoming Fed meeting on July 29-30, with markets eyeing the first cuts in September or October. Dollar Outlook Vasily Serebryakov, FX strategist at UBS New York, said: 'If the US economy deteriorates faster and the Fed cuts rates more aggressively than expected, the dollar could weaken significantly.' However, he added: 'If rate cuts are delayed until September and limited to two this year, the dollar may weaken moderately but not drastically.' US Consumer Confidence Deteriorates Adding to market caution, June data revealed an unexpected decline in US consumer confidence, with families expressing heightened concern over job conditions and employment prospects over the next six months. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean
