Tag Archives: Featured

ELEVATE Awards AED 50M Contract for Mondrian Al Marjan Island

ELEVATE Awards AED 50 Million Contract for Mondrian Al Marjan Island Beach Residences

Major contract award reinforces developer confidence as works continue full pace on landmark AED 1.8 billion beachfront project

UAE – April 6, 2026 – ELEVATE has officially awarded an AED 50 million contract to Pinnacle Piling for the piling and foundation works package at Mondrian Al Marjan Island Beach Residences, marking another major construction milestone for the landmark beachfront development in Ras Al Khaimah.

Zeeshaan Shah, Founder & Chairman of ELEVATE,

Continue reading ELEVATE Awards AED 50M Contract for Mondrian Al Marjan Island

UAE Selected to Host 2029 World Bank Meetings: A Financial Hub’s Triumph

UBF: The Selection of the UAE to Host World Bank Group and IMF Annual Meetings 2029 Reflects Its Position as Global Financial and Economic Hub 

Abu Dhabi, Dubai, United Arab Emirates, 10 April 2026:

UAE Banks Federation, the sole representative and unified voice of UAE banks, reaffirmed  that the UAE selection to host World Bank Group and International Monetary Fund (IMF) Annual Meetings for 2029 in the UAE reinforces the country’s position as a global financial and economic hub, and its vital role in supporting efforts and initiatives for comprehensive and sustainable development  and financial stability at the international level.

Continue reading UAE Selected to Host 2029 World Bank Meetings: A Financial Hub’s Triumph

DIFC’s Commitment to Business Resilience in Dubai

Dubai, UAE; 9 April 2026: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, is introducing a targeted package of temporary economic support measures to assist its business and retail community as the region emerges from the current environment.

Effective immediately, the initiatives are designed to ease short-term operational and financial pressures.

Continue reading DIFC’s Commitment to Business Resilience in Dubai

EHRDC Signs MoU with EIF: Boosting Emiratisation in Finance

Emirati Human Resources Development Council in Dubai signs MoU with Emirates Institute of Finance to bolster qualitative Emiratisation and empower national talents

Dubai, UAE, April 9, 2026: The Emirates Human Resources Development in Dubai (EHRDC) signed a Memorandum of Understanding (MoU) with the Emirates Institute of Finance (EIF) to reinforce coordination and cooperation to boost their efforts to train, qualify and employ Emiratis in the financial and banking sectors.

Continue reading EHRDC Signs MoU with EIF: Boosting Emiratisation in Finance

MERED Advances Riviera Residences Project in Abu Dhabi

Riviera Residences on Al Reem Island Enters Deep Foundation Works as MERED Maintains Construction Momentum

Abu Dhabi, UAE – 09 April 2026: MERED, the award-winning developer, has announced that main piling operations are now progressing at Riviera Residences, a waterfront residential tower in Abu Dhabi, Al Reem Island. The milestone follows the completion of 60% of enabling works, including guide walls, shoring, contiguous piling, and ground improvement across both zones, as well as deep foundation works. The progress underscores the resilience of Abu Dhabi’s premium residential market and the strength of the emirate’s off-plan delivery.

Michael Belton, CEO of MERED

Continue reading MERED Advances Riviera Residences Project in Abu Dhabi