News

Abu Dhabi Developer To Build World’s First Healthy Living Island

The exclusive resort will be situated halfway between Abu Dhabi and Dubai, and will feature a helipad, 86 residential villas, and 49 apartments.

Published

10 months ago

April 25, 2024

Nour Nasir

abu dhabi developer to build world's first healthy living island

Abu Dhabi-based real estate developer IMKAN has formed a partnership with the world-renowned SHA Wellness Clinic to construct a unique private island resort at Al Jurf, halfway between Abu Dhabi and Dubai.

The development is known as SHA Residences Emirates and will combine a holistic health resort with 86 residential villas and 49 apartments — two of which will be penthouses. The “healthy living island” will also offer easy beach access, a fantastic climate, and even a former royal palace.

Raed Al Hadad, chief of marketing and sales at IMKAN, explained why the idyllic location was chosen: “We have turquoise water here, cooler temperatures, and breezes. This is the place where the late Sheikh Zayed bin Sultan Al Nahyan used to come and reflect on key policies. This palace is where one of the first talks about the formation of the UAE took place”.

IMKAN is currently working alongside Abu Dhabi’s Department of Culture and Tourism to rejuvenate the historic palace and turn it into a tourist attraction.

Also Read: Abu Dhabi To Develop $1 Billion eSports Island Facility

Construction of the resort will begin in July and should be finished by 2025. The island will eventually be home to a full staff of doctors, therapists, yoga instructors, personal trainers, and world-class chefs. Residents and visitors will benefit from a full suite of services, including wellness programs, detox treatments, spas, and blood tests.

“Al Jurf as a destination has all the potential to promote wellness tourism. People from Saudi Arabia, India, and Russia are just a few hours away from this place,” Raed Al Hadad added.

The exclusive healthy living island will be accessible by road and also feature a helipad. Meanwhile the developers plan to add connections by water from Abu Dhabi and Dubai.

News

Foodics Acquires Online-Ordering Specialist & Invests In 3 Startups

The deal with UK-based Solo Venture was made at LEAP 2025, and will help create a seamless, all-in-one SaaS ecosystem for restaurants.

Published

3 days ago

February 19, 2025

Nour Nasir

foodics acquires online-ordering specialist and invests in 3 startups

MENA-based restaurant and payments technology provider Foodics has fully acquired Solo Venture, a UK-based company specializing in self-ordering kiosks and white-label online ordering solutions. The deal was reached at this year’s LEAP 2025 event in Riyadh and is part of Foodics’ strategy to create a seamless, all-in-one SaaS ecosystem for restaurants and catering firms.

Solo’s technology includes AI-driven self-service solutions, simplifying ordering and increasing profit margins. By integrating Solo into its platform, Foodics will soon be able to offer restaurants a comprehensive suite of tools covering everything from dine-in management to payments and analytics.

Ahmad Al-Zaini, CEO and Co-Founder of Foodics explained: “This acquisition is a significant step in our mission to build the most comprehensive restaurant management platform in MENA and beyond. To further support our ecosystem and the future of tech in the F&B sector, we are allocating $100M in strategic acquisitions and investments in Fintech, AI, and other transformative technologies over the coming three years”.

Beyond the Solo acquisition, Foodics is also backing three startups as part of its wider expansion plan:

Norma: A Greek AI-powered data analytics firm that enables business professionals to generate insights instantly, eliminating the need for technical expertise.
Add: A specialized accounting platform designed for small and medium-sized restaurants to simplify financial reporting and payroll management.
Arzaq Plus: A smart food and beverage supply chain platform that optimizes sourcing and logistics while introducing a “Buy Now, Pay Later” feature to the Foodics platform.

Also Read: Taager Secures $6.75M To Expand Social eCommerce In MENA

Anas Alghanim, Foodics’ Director of Corporate Development, emphasized, “At Foodics, every investment we make is aimed at creating valuable solutions that drive growth and deliver tangible success, ensuring that we empower our partners and customers to shape the future of the industry”.

The LEAP 2025 announcement coincides with the celebration of Foodics’ 10th anniversary. After supporting over 30,000 food and beverage businesses across 30 countries, Foodics continues to push the boundaries of restaurant management technology, helping companies streamline operations and enhance customer experience.