Page 14 - Source of Fate PR Report - October 2025

Meanwhile, Tissoli, a real estate and investment collective, has officially signed an
agreement with world-renowned Italian design house Pininfarina to deliver Palazzo
Tissoli, on Al Marjan Island, valued at Dh1.2 billion. This marks the first Pininfarina
architectural project in Ras Al Khaimah.

Abdulla Al Abdouli, CEO of Marjan, said: “This landmark project reflects the high
calibre of collaborations that continue to power Ras Al Khaimah’s transformation into
a world-class investment and lifestyle destination. Palazzo Tissoli will not only
introduce a new dimension of design excellence but also further enhance Al Marjan I
sland’s stature as a premium destination for luxury living, global tourism and
international investment.”

Pooja Rathore, COO of Tissoli, said: “We are extremely proud to partner with a
globally renowned design house like Pininfarina to bring this vision to life through our
flagship project. With its striking architecture, resort-style amenities, and a
philosophy rooted in community, Palazzo Tissoli sets a new benchmark for branded
living on Al Marjan Island.”

Fabio Calorio, senior vice president of Pininfarina, added “We are delighted to
partner with Tissoli on this landmark project. For more than 95 years, Pininfarina has
pursued the perfect balance of beauty and performance across architecture,
automobile design, and cultural icons. Palazzo Tissoli is a unique opportunity for us
to bring this heritage to the emerging emirate of Ras Al Khaimah.”

Khaleejtimes.com