Manta Bay Phase Two Unveiled on Al Marjan Island

30 Jan 2025 CW Team

Major Developers has launched Phase Two of its flagship luxury project, Manta Bay, on Al Marjan Island, following the overwhelming success of Phase One. The expansion comes in response to strong investor demand, with multiple initial bookings and expressions of interest already secured.

Designed for global investors across 25+ nationalities, the new phase offers innovative living spaces, including fully furnished units with private jacuzzis and BBQ-equipped terraces. These exclusive features elevate Manta Bay’s appeal as a premier investment and lifestyle destination in the UAE.

Ras Al Khaimah is rapidly emerging as a major real estate and tourism hub, with projections estimating over 5.5 million visitors by 2030. Landmark developments like the Wynn Al Marjan Island resort further solidify the emirate’s global stature.

Adding to its prestige, Major Developers has appointed Italian football legend Francesco Totti as its brand adviser, enhancing the project’s international recognition.

Manta Bay aligns with Ras Al Khaimah’s vision to position itself as a world-class tourism and investment destination, reinforcing its status as a key player in the luxury real estate market.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..