An exclusive freehold luxury villa project, with a development value of AED 1 billion, is set to come up in Ras Al Khaimah's Al Hamra Village residential community.
Developed by Al Hamra, the Falcon Island project will offer stunning views of the Arabian Gulf, the lagoon, the golf course and the fully serviced marina with the Hajar Mountains at the backdrop.
The island community can be reached both by land and sea, with ample parking spaces for cars and docking facilities for boats and yachts.
The villas offer 120 to 650 square metres of living spaces, with 2 to 7-bedrooms on plots of up to 1,000 square metres, some with their own exclusive beach and private pools.
Falcon Island is set to be completed within two years of its launch, which will be implemented in phases. The North Island will be unveiled as Phase 1 consisting of 240 villas, ranging from two to seven-bedrooms, with prices starting from AED 1.2 million.
Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump's 25% tariff.
U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.
The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.
UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).