PUNTA CANA, Dominican Republic--(BUSINESS WIRE)--May 13, 2026--
Larimar City & Resort has formalized an agreement with the Spanish company Point for the supply of outdoor furniture across the residences and common areas of the complex. This strategic partnership reinforces the project’s international positioning while adding a brand globally recognized for its contemporary design and expertise in solutions adapted to tropical climates and marine environments such as the Caribbean.
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The collaboration will allow Point furniture to be incorporated not only into private residences, but also throughout the project’s amenities, restaurants, and future hotel facilities. The aim is to create an aesthetic proposal aligned with Larimar’s concept: bringing the essence of the Mediterranean lifestyle to the Caribbean through spaces designed for wellbeing, comfort, and connection with the natural surroundings.
As part of the agreement, a technical visit was carried out at the company’s facilities to review finishes, materials, and manufacturing processes. During this meeting, the agreement was signed by Juan Andrés Romero, president of CLERHP, the company developing Larimar City & Resort, and Vicente Pons, owner of Point and president of the Valencia Furniture Fair.
Ángela Moyano, Director of After-Sales and Interior Design at Larimar City & Resort, highlighted the importance of this collaboration for the development of the project. “Having Point as a strategic partner for outdoor furnishing reinforces our commitment to quality and design. For Larimar, it is essential to work with leading brands capable of providing solutions adapted to the Caribbean environment and the demands of a high-end tourism and residential product,” she stated.
Point, headquartered in Alicante and present in more than 70 countries, is an internationally recognized outdoor furniture company. The brand combines Mediterranean craftsmanship, innovation, and high-resistance materials specifically designed to withstand extreme weather conditions and marine environments, making it a trusted reference for resorts and premium residential developments worldwide.
With this new partnership, Larimar City & Resort continues advancing its strategy to consolidate itself as one of the leading real estate developments in the Caribbean, relying on collaborations with international companies that provide value, trust, and quality assurance for future residents and investors, while further strengthening an urban proposal based on design, innovation, and lifestyle experience.
Image of the agreement signing between the CEOs.
PARIS (AP) — French prosecutors on Wednesday asked judges to send former President Nicolas Sarkozy to prison — again — this time for seven years and fine him 300,000 euros ($330,000) over allegations that the late Libyan leader Moammar Gadhafi secretly funded his successful 2007 presidential campaign.
Sarkozy, 71, was sentenced in September 2025 to five years for criminal conspiracy, becoming the first former French president in modern history to be imprisoned.
He served 20 days in Paris’ La Santé prison before being released in November under court supervision. He appealed; prosecutors followed, seeking to revive the charges he beat at trial and impose a longer sentence. The appeal runs until early June, with a verdict expected Nov. 30.
The former president has faced multiple corruption cases in recent years, but the Libya case carries by far the heaviest political and symbolic weight, alleging that a foreign dictatorship helped bring a French president to power.
The prosecution Wednesday asked the three judges hearing the appeal to find Sarkozy guilty of corruption, illegal campaign financing and concealing the embezzlement of Libyan public funds — three charges of which he was cleared at his first trial. A separate request would ban him from holding public office for five years.
Sarkozy’s lawyer Christophe Ingrain told reporters after the hearing that the prosecution’s request was “strictly identical” to what financial prosecutors had unsuccessfully sought at the first trial. “There is no Libyan money in his campaign, in his estate,” he said. “Nicolas Sarkozy is innocent, and we will demonstrate it in fifteen days.”
Other members of Sarkozy's inner circle, including former chief of staff Claude Guéant, former Interior Minister Brice Hortefeux, longtime Sarkozy fixer Alexandre Djouhri, and Sarkozy's 2007 campaign treasurer Éric Woerth, also face charges in the case. Prosecutors have sought sentences between 10 months and six years and fines between 3,000 and 4 million euros ($3,500 to $4.68 million).
The prosecution also sought an international arrest warrant against Beshir Saleh, once head of Gadhafi’s cabinet, who has lived in exile since the Libyan regime fell in 2011 and never appeared at either trial.
Allegations of Libyan financing first surfaced in 2011. French investigators later established that some 6 million euros ($7 million) were transferred from Libya into accounts controlled by Ziad Takieddine, a go-between who died last September, days before the original verdict.
At the heart of the case are two secret meetings in late 2005 between Guéant, Hortefeux and Abdallah Senoussi — Gadhafi’s brother-in-law and intelligence chief. Senoussi had been sentenced in absentia by a French court in 1999 to life in prison for ordering the 1989 bombing of UTA Flight 772 over Niger, which killed 170 people, including 54 French nationals. Prosecutors say Sarkozy’s camp promised to look into Senoussi’s French conviction in exchange for the campaign money.
Sarkozy has rejected the account. “Why would I have chosen Mr. Gadhafi, whom I had never met before, to set up a suspicious financing arrangement with him during a 30-minute meeting?” he asked the judges at the appeal hearing in April. “It makes no sense.”
“I owe the truth to the French people. I’m innocent,” Sarkozy added, saying no Libyan money had reached his 2007 campaign.
Prosecutors this week called Sarkozy the “instigator” of the alleged corruption deal, going further than the first trial, where judges had found him guilty only of letting his aides approach the Libyan regime on his behalf.
The first court cleared him of corruption on technical grounds, ruling that as a presidential candidate, he lacked the “public authority” status required by France’s anti-corruption law.
Sarkozy has been convicted in two other cases that are now final. France’s top court upheld his conviction in November over the financing of his failed 2012 reelection bid, known as the Bygmalion affair, for which he received a one-year sentence — six months firm and six months suspended.
A French judge ruled last week that he could serve the six-month sentence on conditional release rather than an electronic ankle tag, citing his age, though that ruling is not yet final. He was also convicted of illegally wiretapping a judge.
The three judges are not bound by the prosecution’s requests. Defense lawyers are due to begin their closing arguments in two weeks.
FILE- Former French President Nicolas Sarkozy arrives at the appeals courthouse in Paris, France, Monday, March 16, 2026, for his trial over alleged illegal financing of his 2007 presidential campaign by the government of late Libyan leader Moammar Gadhafi. (AP Photo/Thibault Camus, File)
