Multi-branded waterfront community Mira Coral Bay unveiled in RAK
Mira Developments hosted the grand unveiling of Mira Coral Bay, the world's first multi-branded waterfront community, to be set across the picturesque shores of Al Mairid in Ras Al Khaimah.
Mira Coral Bay offers waterfront luxury living, blending world-class branded residences with five-star hospitality. This development brings together the world's most prestigious luxury brands in one extraordinary location, creating an unprecedented lifestyle destination on the pristine shores of Ras Al Khaimah.
The event brought together distinguished guests from around the globe, including Marcello Grasselli, President Middle East Dolce&Gabbana Andrea Gentilini, CEO Luxury Living Group; Fabrizio Cardinali, CEO ETRO; Jacob Arabo, Chairman & Founder Jacob&Co. Alberto Racca, CEO Trussardi; and Mena Marano, CEO Arav Group.
Guests were treated to an immersive experience highlighting the 14 branded residential projects, five-star hotels and world- class dining options within the 220,000 sq m Mira Coral Bay master plan by Marco Casamonti & Partners / Archea Associati.
The official unveiling, opened by Abdulla Al Abdouli, CEO of Marjan, and Tamara Getigezheva, Co- Founder of Mira Developments, was then carried on by Muaed Alakaev, Head of Sales at Mira Developments, and Marwan Al Kindi, Founder and CEO of Lighthouse Properties, and featured top spokespersons from each participating brand presenting their visionary projects.
The evening's fine dining experience was curated by the renowned Cipriani team, and the celebration reached its crescendo with a synchronised drone show followed by a dazzling fireworks display illuminating the night sky.
The grand reveal of the partner brands – Dolce&Gabbana Casa, Bentley Home, Etro Home, Jacob & Co., John Richmond and Trussardi – marked a pivotal moment in luxury real estate, setting new standards for waterfront living.
The evening also introduced a completely new branded concept: Kadar Villas. This project is the result of a collaboration between a world-renowned architect and a leading global branding agency. Each villa will come with two special edition luxury cars from a prestigious automotive brand, bespoke interiors personally curated by a legendary interior designer, and custom household appliances from top-tier luxury names.
'Mira Coral Bay is not just another project, it's an answer to the 'what-if' question. What if the world's best brands came together in one place? What if you were surrounded by luxury at every step? And today, we are opening the next chapter, where the 'what if' becomes a reality. And when we say luxury – we mean it. You're not just buying property. You're stepping into a fully curated life. The furniture? The kind most people wait months for. The tech? So smart, it almost knows what you need before you do. The ceilings? Tall enough to hold even your greatest ideas. And the view? The sea isn't outside – it's part of your interior,' said Getigezheva. - TradeArabia News Service
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Tribune
12-06-2025
- Daily Tribune
UAE Universities See Surge in Student Applications Amid US Visa Uncertainty
Universities across the UAE are reporting a notable increase in international student applications, as ongoing delays and uncertainties surrounding student visa processing in the United States push students to seek more accessible alternatives. With growing concerns over restrictive policies and prolonged visa wait times in the US, students and parents are increasingly turning to UAE-based institutions for stability, safety, and streamlined admission processes. Higher education institutions in cities such as Abu Dhabi, Dubai, and Ajman have all noted a significant rise in student interest for the 2025 academic year. The shift is attributed largely to disruptions in the US student visa process and changing international education policies. University leaders say the UAE's strong infrastructure, globally accredited programs, and supportive visa environment make it an increasingly attractive destination for international learners. The ability for students to work part-time, live in some of the world's safest cities, and stay geographically closer to home has added to the country's appeal. The surge in applications is also being driven by a broader trend of students reconsidering long-standing study abroad plans, particularly those targeting American institutions. As the global education landscape continues to evolve, the UAE is positioning itself as a regional hub for world-class higher education, offering international students both academic opportunity and peace of mind.
Trade Arabia
11-06-2025
- Trade Arabia
EDGE, FAB sign strategic deal to build resilient financial ecosystem
EDGE Group, one of the world's leading advanced technology and defence groups, has entered a strategic partnership with First Abu Dhabi Bank (FAB). The agreement covers two major financial initiatives: the implementation of FAB's advanced Supply Chain Finance (SCF) solution and the deployment of its AI-powered Treasury Management System (TMS). EDGE said its deployment of FAB's AI-powered TMS represents the largest to date. The solution delivers real-time cash visibility, advanced forecasting capabilities, and integrated risk management tools, enabling EDGE to automate treasury operations and optimise liquidity across the Group. The platform provides protection for interest rate risk and FX risk, while improving financial agility, investment planning, and funding, it stated. EDGE Managing Director and CEO Hamad Al Marar said: "Our partnership with FAB is a strategic enabler of our global industrial ambitions. It reinforces the financial architecture required to operate at scale, with speed and resilience. In an increasingly competitive and complex environment, this alignment ensures we remain agile, well-capitalised, and positioned for sustained international growth." Group Head of Wholesale Banking Martin Tricaud said: "FAB's partnership with EDGE marks a step forward in building a more resilient supplier ecosystem. We recognise that effective cashflow and supply chain finance are fundamental to sustainable business models. By combining our global expertise with innovative financial solutions, we are enhancing financial agility and enabling long-term value creation." "Through FAB's digital SCF solution, EDGE provides local and international suppliers access to early, low-cost financing, which enhances supplier trust, improves commercial terms, and ensures continuity across critical operations," he added. Group Chief Financial Officer Rodrigo Torres said: "This partnership reflects EDGE's commitment to embedding financial sophistication and innovation at the core of our operations. By integrating FAB's advanced SCF and AI-powered TMS platforms, we are optimising liquidity and supplier performance while also reinforcing our ability to manage risk and scale with confidence." Torres, said to date, over AED1.6 billion in invoices have been processed, unlocking more than AED1.2 billion in off-balance sheet financing.
Trade Arabia
11-06-2025
- Trade Arabia
ADNOC Distribution achieves major ESG milestones
ADNOC Distribution recently released its 2024 ESG Report, one of the most ambitious sustainability disclosures from the region's mobility and retail fuel sector to date. The report underscores ADNOC Distribution's journey from a traditional fuel retailer into a sustainability-driven mobility and convenience leader. Some standout achievements include: • 100% of UAE fleet now operates on B20 biofuels, reducing 1,468 tCO₂e annually • 100% renewable energy powers the E2GO EV charging network • Over 5.8 million bottles recycled via Reverse Vending Machines in 2024 • 25,000+ mangroves planted in 2024, which are "adoptable" by loyalty customers through the ADNOC Distribution app • 220 fast and super-fast EV chargers installed as of the end of 2024 - a 4x year-on-year increase - with ADNOC Distribution on-track to have 300 installed across the E2GO network by the end of 2025 • 5,083 MWh of solar energy generated from 31 solar photovoltaic (PV) - equipped stations • Recognition for ESG leadership by Bloomberg, FTSE, S&P Global, London Stock Exchange Group, and MSCI • 62% Emiratization rate, with significant investment in youth and women empowerment The report also highlights ADNOC Distribution's commitment to ESG governance, with the creation of a board-level ESG Subcommittee and achievement of key KPIs under its AED5.5 billion sustainability-linked loan.
