• Ummahat islands will see Nujuma, a Ritz Carlton Reserve open next year. All photos: John Pagano / Twitter
    Ummahat islands will see Nujuma, a Ritz Carlton Reserve open next year. All photos: John Pagano / Twitter
  • The exterior structures for the ultra-luxury reserve's beach villas are in place at the The Red Sea Development Company project.
    The exterior structures for the ultra-luxury reserve's beach villas are in place at the The Red Sea Development Company project.
  • A circular extension is being added to the island, which will act as a walkway for guests accessing overwater villas.
    A circular extension is being added to the island, which will act as a walkway for guests accessing overwater villas.
  • Nujuma, a Ritz-Carlton Reserve will be the sixth reserve of its kind in the world.
    Nujuma, a Ritz-Carlton Reserve will be the sixth reserve of its kind in the world.

Ritz-Carlton Reserve takes shape in Saudi Arabia’s Red Sea and guests expected in 2023


Hayley Skirka
  • English
  • Arabic

The first travellers to Saudi Arabia’s Ummahat Islands in the Red Sea are expected to be able to check-in next year.

Ritz-Carlton Reserve will open its doors on the low-lying islands and, judging by new pictures shared on social media, work on the luxury development is well under way.

Azure blue waters, untouched beaches and private villa structures are visible in the photographs, which depict progress at the archipelago in the west of the kingdom.

A sprawling circular extension, which will function as a walkway to the Ritz-Carlton's overwater villas, can also be seen taking shape in one of the aerial pictures.

John Pagano, chief executive of the Red Sea Development Company, shared the new images on Twitter writing, “Great progress at #TheRedSea's Ummahat islands where the overwater and beach villas of the 82-key Nujuma, a @RitzCarlton Reserve are shaping up nicely.”

He also confirmed that the first hotel guests will be able to check-in for stays next year.

The Ritz-Carlton Nujuma will join only five other Ritz-Carlton Reserves in the world, with the Saudi Arabian outpost being its sixth.

Nujuma will be located on a collection of pristine private islands in the Red Sea’s Blue Hole atoll, which forms part of the The Red Sea Project, a mega development taking shape off the west coast of the country.

A rendering of a villa at Nujuma, a Ritz-Carlton Reserve. Photo: Marriott International
A rendering of a villa at Nujuma, a Ritz-Carlton Reserve. Photo: Marriott International

Blending indigenous design and highly personalised services, the ultra-exclusive hospitality brand by Marriott will combine luxury accommodation and service with a strong focus on regenerative tourism and an on-site conservation project.

The Red Sea island destination is expected to be completed by 2030, with phase one scheduled to open in 2023.

  • Grand Hyatt The Red Sea is part of phase one of the mega-tourism project in Saudi Arabia. All photos: The Red Sea Development Company
    Grand Hyatt The Red Sea is part of phase one of the mega-tourism project in Saudi Arabia. All photos: The Red Sea Development Company
  • SLS Red Sea will welcome guests to Shaura Island in early 2023.
    SLS Red Sea will welcome guests to Shaura Island in early 2023.
  • Nujuma, a Ritz-Carlton Reserve, is scheduled to open in 2023. Photo: Marriott International
    Nujuma, a Ritz-Carlton Reserve, is scheduled to open in 2023. Photo: Marriott International
  • The St Regis Red Sea Resort will be located on a private island and offer travellers a Maldivian-style experience.
    The St Regis Red Sea Resort will be located on a private island and offer travellers a Maldivian-style experience.
  • Eco-friendly mountain resort Desert Rock was the first hotel to be announced for Saudi Arabia's Red Sea Project.
    Eco-friendly mountain resort Desert Rock was the first hotel to be announced for Saudi Arabia's Red Sea Project.
  • The Red Sea Edition on the island of Shaura will be designed to reflect the best of the location's cultural and social environment.
    The Red Sea Edition on the island of Shaura will be designed to reflect the best of the location's cultural and social environment.
  • Six Senses Southern Dunes will be one of the first hotels to open at the destination.
    Six Senses Southern Dunes will be one of the first hotels to open at the destination.
  • The first Raffles resort in the kingdom, Raffles Red Sea, promises a nature-focused stay.
    The first Raffles resort in the kingdom, Raffles Red Sea, promises a nature-focused stay.
  • The InterContinental Resort Red Sea will have sea-facing rooms and direct beach access.
    The InterContinental Resort Red Sea will have sea-facing rooms and direct beach access.
  • Jumeirah's hotel at the Red Sea will have open-plan suites with views of the pristine shorelines.
    Jumeirah's hotel at the Red Sea will have open-plan suites with views of the pristine shorelines.
  • Fairmont Red Sea is a luxury family-friendly hotel with a focus on wellness and nature.
    Fairmont Red Sea is a luxury family-friendly hotel with a focus on wellness and nature.
  • Hyatt-owned Miraval The Red Sea will be home to the region's largest spa. Photo: Hyatt
    Hyatt-owned Miraval The Red Sea will be home to the region's largest spa. Photo: Hyatt
  • Playa Hotels & Resorts has also announced it will open a luxury all-inclusive property on Saudi Arabia's Red Sea. Photo: Playa Hotels & Resorts / Facebook
    Playa Hotels & Resorts has also announced it will open a luxury all-inclusive property on Saudi Arabia's Red Sea. Photo: Playa Hotels & Resorts / Facebook

Consisting of 50 resorts, it will have nearly 8,000 hotel rooms spread across 22 islands.

Other luxury hotel brands headed to the destination include St Regis, Six Senses and Raffles, plus Jumeirah, one of the UAE's most popular hotel groups. Sixteen hotels are expected to open as the first phase of the project.

The destination is one of several giga-projects under way in Saudi Arabia with others including the futuristic mega city of Neom in the north-west and entertainment-centric Qiddiya on the outskirts of Riyadh.

Scroll the gallery below to see more of Saudi Arabia's megaprojects.

  • The site of the $500bn Neom project in the Tabuk Province of northwestern Saudi Arabia. Photo: SCTH
    The site of the $500bn Neom project in the Tabuk Province of northwestern Saudi Arabia. Photo: SCTH
  • The Line, a civilisational revolution that will preserve the surrounding nature. Photo: NEOM
    The Line, a civilisational revolution that will preserve the surrounding nature. Photo: NEOM
  • Oxagon is planned to be the largest floating industrial complex in the world. Photo: PRNewsfoto / NEOM
    Oxagon is planned to be the largest floating industrial complex in the world. Photo: PRNewsfoto / NEOM
  • The tourist destination Trojena will open in 2026 as part of Saudi Arabia's mega-city of the future, Neom. Photo: Neon
    The tourist destination Trojena will open in 2026 as part of Saudi Arabia's mega-city of the future, Neom. Photo: Neon
  • Mohammed bin Salman Foundation “Misk” revealed details on the masterplan for Prince Mohammed Bin Salman Nonprofit City. Photo: MISK
    Mohammed bin Salman Foundation “Misk” revealed details on the masterplan for Prince Mohammed Bin Salman Nonprofit City. Photo: MISK
  • Saudi Arabia is to open its first waterpark. The $750-million Qiddiya Water Theme Park will be the region's largest, with 22 rides and slides. Photo: QIC
    Saudi Arabia is to open its first waterpark. The $750-million Qiddiya Water Theme Park will be the region's largest, with 22 rides and slides. Photo: QIC
  • The Red Sea Project will turn untouched coastlines into one of Saudi Arabia's biggest tourism projects where conservation is key. Photo: The Red Sea Development Company
    The Red Sea Project will turn untouched coastlines into one of Saudi Arabia's biggest tourism projects where conservation is key. Photo: The Red Sea Development Company
  • Amaala's design for its Triple Bay Yacht Club. Photo: Amaala
    Amaala's design for its Triple Bay Yacht Club. Photo: Amaala
  • Silhouette of Salwa Palace in At-Turaif in Ad Diriyah with palm trees in foreground. The $17bn development will encompass several luxury resorts. Photo: Meshari Almuhanna / DGDA
    Silhouette of Salwa Palace in At-Turaif in Ad Diriyah with palm trees in foreground. The $17bn development will encompass several luxury resorts. Photo: Meshari Almuhanna / DGDA
  • Water features at King Salman Park. Photo: Royal Commission for Riyadh city
    Water features at King Salman Park. Photo: Royal Commission for Riyadh city
  • The beginning of construction at Jeddah Tower. Photo: Jeddah Economic Company
    The beginning of construction at Jeddah Tower. Photo: Jeddah Economic Company
Super%20Mario%20Bros%20Wonder
%3Cp%3E%3Cstrong%3EDeveloper%3A%20%3C%2Fstrong%3ENintendo%20EPD%3Cbr%3E%3Cstrong%3EPublisher%3A%20%3C%2Fstrong%3ENintendo%3Cbr%3E%3Cstrong%3EConsole%3A%20%3C%2Fstrong%3ENintendo%20Switch%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E4%2F5%3C%2Fp%3E%0A

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

The specs: 2018 Opel Mokka X

Price, as tested: Dh84,000

Engine: 1.4L, four-cylinder turbo

Transmission: Six-speed auto

Power: 142hp at 4,900rpm

Torque: 200Nm at 1,850rpm

Fuel economy, combined: 6.5L / 100km

Sri Lanka v England

First Test, at Galle
England won by 211

Second Test, at Kandy
England won by 57 runs

Third Test, at Colombo
From Nov 23-27

Day 3, Dubai Test: At a glance

Moment of the day Lahiru Gamage, the Sri Lanka pace bowler, has had to play a lot of cricket to earn a shot at the top level. The 29-year-old debutant first played a first-class game 11 years ago. His first Test wicket was one to savour, bowling Pakistan opener Shan Masood through the gate. It set the rot in motion for Pakistan’s batting.

Stat of the day – 73 Haris Sohail took 73 balls to hit a boundary. Which is a peculiar quirk, given the aggressive intent he showed from the off. Pakistan’s batsmen were implored to attack Rangana Herath after their implosion against his left-arm spin in Abu Dhabi. Haris did his best to oblige, smacking the second ball he faced for a huge straight six.

The verdict One year ago, when Pakistan played their first day-night Test at this ground, they held a 222-run lead over West Indies on first innings. The away side still pushed their hosts relatively close on the final night. With the opposite almost exactly the case this time around, Pakistan still have to hope they can salvage a win from somewhere.

Stree

Producer: Maddock Films, Jio Movies
Director: Amar Kaushik
Cast: Rajkummar Rao, Shraddha Kapoor, Pankaj Tripathi, Aparshakti Khurana, Abhishek Banerjee
Rating: 3.5

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

COMPANY PROFILE
Company name: BorrowMe (BorrowMe.com)

Date started: August 2021

Founder: Nour Sabri

Based: Dubai, UAE

Sector: E-commerce / Marketplace

Size: Two employees

Funding stage: Seed investment

Initial investment: $200,000

Investors: Amr Manaa (director, PwC Middle East) 

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

MATCH INFO

BRIGHTON 0

MANCHESTER UNITED 3

McTominay 44'

Mata 73'

Pogba 80'

Results

5pm: Reem Island – Conditions (PA) Dh80,000 (Turf) 1,600m; Winner: Farasah, Antonio Fresu (jockey), Musabah Al Muhairi

5.30pm: Sir Baniyas Island – Maiden (PA) Dh80,000 (T) 1,400m; Winner: SSR Ghazwan, Antonio Fresu, Ibrahim Al Hadhrami

6pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 1,400m; Winner: Astral Del Sol, Sean Kirrane, Ibrahim Al Hadhrami

6.30pm: Al Maryah Island – Maiden (PA) Dh80,000 (T) 2,200m; Winner: Toumadher, Dane O’Neill, Jaber Bittar

7pm: Yas Island – Handicap (PA) Dh80,000 (T) 2,200m; Winner: AF Mukhrej, Tadhg O’Shea, Ernst Oertel

7.30pm: Saadiyat Island – Handicap (TB) Dh80,000 (T) 2,400m; Winner: Celestial Spheres, Gary Sanchez, Ismail Mohammed

UAE currency: the story behind the money in your pockets
Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

The alternatives

• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.

• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.

• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.

2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.

• PayPal is probably the best-known online goods payment method - usually used for eBay purchases -  but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

Scores:

Day 4

England 290 & 346
Sri Lanka 336 & 226-7 (target 301)

Sri Lanka require another 75 runs with three wickets remaining

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

Updated: August 18, 2022, 10:49 AM