The Dubai developer Seven Tides plans to be the first company to start developing its holdings on the man-made archipelago near the Palm Jumeirah.

The company owns 10 islands that make up the South America section of The World and plans to start building in the next six months.

If Seven Tides can pull it off, it would be a rare success story for The World project, which has seen many proposed developments falter, and their developers go under, during the global economic meltdown.

The National