US hospitality giant Wynn to build mega resort in Ras Al Khaimah

Supplied (Al Marjan Island)

Ras Al Khaimah has announced plans to open a multi-billion dollar resort on Al Marjan Island in partnership with the US-based Wynn Resorts.

Scheduled to open in 2026, the multipurpose integrated resort marks the largest-of-its-kind foreign direct investment in Ras Al Khaimah.

The planned destination will feature a luxury hotel with more than 1,000 rooms, world-class shopping, more than 10 restaurants and lounges, extensive entertainment choices, including a gaming area.

The new development will be the first in the MENA region by Wynn Resorts, the leading international developer of luxury integrated resorts.

It's in the initial stages of design and development and will be applying for an integrated resort licence from Ras Al Khaimah Tourism Development Authority.

Comprising four islands, Al Marjan Island features over 7.8 km of sparkling beaches and 23 km of waterfront in addition to world-class hotels and residential developments.

"By leveraging Wynn Resorts’ expertise in developing luxury hospitality destinations, the new development will raise the benchmark in luxury hospitality in the region. It will also create exceptional value to the Ras Al Khaimah economy and boost the leisure, business, and MICE tourism sectors," said Eng. Abdulla Al Abdooli, CEO of Marjan.

Craig Billings, newly appointed CEO of Wynn Resorts, said: "Al Marjan Island is a pristine setting and an ideal greenfield location for us to create the one-of-a-kind guest experiences for which Wynn Resorts is renown."

More from Business

  • Dubai Airport on right track: Deputy CEO

    Having retained its position as the world’s busiest international airport with 29.1 million passengers, and last week announcing its busiest quarter since 2020, Dubai Airport is on the right track, said Jamal al Hai, Deputy CEO of Dubai Airports.

  • Oil demand exceeds 2019 levels: report

    New data from the Joint Organisations Data Initiative (JODI), a Riyadh-based international collaboration to improve the availability and reliability of data on petroleum and natural gas, shows that global oil demand surpassed pre-pandemic levels in March, while production of crude oil was stuck at 97 per cent of the level before the onset of COVID-19.

  • Airport Show to shine spotlight on future of aviation industry

    The 21st edition of the Airport Show hosted by Dubai is set to showcase the latest solutions that will shape the future of the aviation industry.

  • Sri Lanka PM to address crisis-hit nation as fuel stocks run short

    Sri Lanka's new prime minister will address the crisis-hit nation later on Monday, as the country's power minister told citizens not to join the lengthy fuel queues that have galvanized weeks of anti-government protests.

  • India bans wheat exports as heatwave hurts crop

    India banned wheat exports on Saturday, just days after saying it was targeting record shipments this year, as a scorching heatwave curtailed output and domestic prices soared to an all-time high.