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BNW Developments Signs Billion-Dirham Alliance with Masah

 

Masah has delivered a range of construction projects such as Ajdan Rise, Sulaiman Al Habib Hospitals and Almoosa Specialist Hospitals

 
By News Desk, July 2, 2025 Real Estate
 

BNW Developments Signs Billion-Dirham Alliance with Masah
 
BNW Developments has officially signed MAN Construction (a subsidiary of the Masah Group) as the principal construction partner for Aqua Arc, its waterfront project in Ras Al Khaimah.
 
This collaboration brings together two industry titans: BNW, the region’s fastest‑growing private developer with aN AED 22+ billion portfolio, and MAN Construction/Masah, a Class A contracting giant renowned across the GCC for its turnkey capabilities.
 
The signing ceremony was attended by Mohammed Nayeem, Chairman, Masah Holdings & MAN Constructions, Dubai, Sheikh Mohammed Bin Sulaiman Alhabib, Vice Chairman, Masah Construction & Alpha Metals, Althaf Kazi, CEO & Managing Partner, MAN Specialized Contracting, UAE, Mirza Naseem Beg, CEO & Managing Partner, Alpha Metals, Saudi Arabia & UAE, and Mohammed Misbah (Advisor to the Chairman).
 
Ankur Aggarwal, Chairman & Founder and Vivek Anand Oberoi Managing Director & Co-founder represented BNW Developments, each playing a pivotal role in bringing this illustrious partnership to fruition.
 
Masah has delivered a range of construction projects such as Ajdan Rise, Sulaiman Al Habib Hospitals and Almoosa Specialist Hospitals. Their excellence extends to award-winning marine and aviation infrastructure, including the Red Sea Global Terminal at the Red Sea International Airport.
 
At the heart of this powerhouse lies Dr. Sulaiman Al Habib, one of the most influential figures in the region’s healthcare and infrastructure ecosystem.
 
"Partnering with BNW Developments for Aqua Arc is a proud milestone for Masah. We see this as a symbol of a shared vision to create landmark communities that reflect global standards and regional character. Aqua Arc, with its distinct architecture and scale, is exactly the kind of challenge Masah was built for." - Mohammed Abdul Nayeem, Chairman of Masah holdings and MAN constructions.
 
Aqua Arc, nestled on the coast of Al Marjan Island, is among BNW’s most anticipated ventures. 
 
“At BNW, we’ve always believed that design vision means little without executional brilliance. The appointment of Masah is a critical step in our mission to deliver not just residences, but reference points in global luxury living. Masah’s track record in constructing technically demanding projects, their commitment to timelines, and their engineering depth made them a natural fit. Aqua Arc is a signature BNW development, it demands nothing short of mastery, and with Masah, we’re confident that’s exactly what we’ll achieve,” shared Ankur Aggarwal, Chairman & Founder, BNW Developments.
 
“Masah isn’t just a contractor, they’re craftsmen of scale. What sets them apart is their consistency in delivering landmark projects that marry innovation with precision. Aqua Arc is an example of BNW’s unwavering intent to reshape Ras Al Khaimah’s skyline with substance and soul. For us, every partnership is about shared values. Masah’s professionalism, structural command, and transparent process align seamlessly with our own ethos of trust, ambition, and long-term value creation,” added Vivek Anand Oberoi, Managing Director & Co-Founder, BNW Developments.
 
Beyond the immediate commencement of Aqua Arc, this partnership strengthens BNW’s operational depth, governance alignment, and cross-border reliability, key enablers for sustainable expansion into new markets.
BNW Developments  MAN Construction  Masah    

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