Mubadala begins development of Al Maryah Waterfront enhancement project
This initiative includes innovative features such as AI-powered water shows, a spherical seawater installation, and expanded public spaces designed to boost engagement in the area.
One of the key highlights of the development is a 30m-high luminous sphere surrounded by more than 1,000 AI-driven water jets, which will perform choreographed displays. These features are designed by WET, a US-based company credited for creating the Dubai Fountain.
The Al Maryah Waterfront enhancement project also plans to extend the sea boardwalk, providing enhanced access to the waterfront. It will also have shaded cooling systems for comfort during hotter seasons.
New food and beverage zones and event-ready public spaces are expected to further elevate guest experiences.
According to Mubadala, these enhancements are envisioned to provide a range of amenities catering to diverse lifestyle and entertainment needs.
Once completed, the Al Maryah Waterfront enhancement project is expected to support Abu Dhabi's tourism ambitions by offering premium opportunities for leisure, culture, and commerce.
It aligns with Mubadala's broader objectives of promoting a sustainable and competitive urban landscape in Abu Dhabi.
Mubadala UAE Investments CEO Bakheet Al Katheeri said: 'The Al Maryah Waterfront enhancement project is a strategic investment in the future of Al Maryah Island.
"This project will deliver iconic elements that elevate the quality of life and offer a diverse experience for visitors while reinforcing the island's position as a premier lifestyle destination.'
Al Maryah Island serves as a key business and lifestyle hub in Abu Dhabi. It hosts the Abu Dhabi Global Market, an international financial centre, along with retail outlets, dining options, hospitality services, and Cleveland Clinic Abu Dhabi.
The island is surrounded by a waterfront promenade that frequently hosts significant events in the city.
In late 2024, Mubadala, in partnership with Aldar Properties, launched construction on the One Maryah Place development on Al Maryah Island.
This project includes two interconnected towers offering office space, a rooftop dining venue, ground-floor retail units, and additional amenities.
"Mubadala begins development of Al Maryah Waterfront enhancement project" was originally created and published by World Construction Network, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
a minute ago
- Yahoo
Lira Hits Rock Bottom After Shock Rate Cut -- Is the Carry Trade Party Over?
Morgan Stanley (NYSE:MS) is urging caution on the Turkish liraeven as it still delivers positive returns in real terms. The call follows a 300 basis-point rate cut by Turkey's central bank on Thursday, which dragged the lira to a record low of 41.9184 per dollar. That brings year-to-date losses to about 13%, but thanks to high inflation, carry traders have continued to pocket real gains. Still, Morgan Stanley flagged a faster pace of depreciation and crowded positioning that could start to unwind. Warning! GuruFocus has detected 6 Warning Signs with MCO. Goldman Sachs previously called the lira one of the most profitable carry trades globallybut warned that its shine could fade if policymakers let the currency slide further. Thursday's cut, which pushed the policy rate down to 43%, may have caught some off guard, but Deutsche Bank framed it as a front-loaded adjustment rather than a pivot away from prudence. Barclays added that as long as dollar-adjusted returns hover around 1% per month, the trade remains palatable. But that confidence could be fragile if volatility creeps back in. Now the market's attention shifts to sovereign rating updates due Friday from Moody's (NYSE:MCO) and Fitch. Moody's has Turkey rated four notches below investment grade (with a positive outlook), while Fitch is three notches below (stable). Whether recent disinflation trends and macro stabilization efforts are enough to move the needle remains to be seen. Political risk, including the recent arrest of Istanbul Mayor Ekrem Imamoglu, is still lurking in the backdropand could be what tips the scale, not economic data alone. This article first appeared on GuruFocus. Sign in to access your portfolio
Time Business News
2 hours ago
- Time Business News
Trusted ISO Consultancy in UAE – Empowering Your Business with Global Standards
In the highly competitive UAE business landscape, ISO certification has become more than a requirement—it's a strategic advantage. Whether you're in manufacturing, construction, healthcare, or services, aligning with international standards such as ISO 9001 or ISO 14001 demonstrates your commitment to quality, safety, and sustainability. But achieving ISO certification isn't a one-size-fits-all process. That's where expert ISO consultancy in UAE plays a vital role. ISO consultancy refers to professional services that help organizations implement and comply with ISO standards. From initial assessment to successful certification, an ISO consultant provides: Gap analysis Documentation support Training and internal audits Certification body coordination Continual improvement strategies Here are some of the most commonly requested ISO certifications in the UAE: This globally recognized standard focuses on enhancing customer satisfaction and improving operational processes. UAE businesses use ISO 9001 to improve service delivery and build client trust. With UAE's push for sustainable development, ISO 14001 helps companies reduce environmental impact while complying with legal obligations. Especially vital in construction, logistics, and industrial sectors, ISO 45001 helps organizations ensure worker safety and meet local labor laws. Crucial for restaurants, food processors, and suppliers in the UAE, ISO 22000 ensures food safety at every step of the supply chain. In an age of digital transformation, UAE-based tech companies and financial institutions are increasingly adopting ISO 27001 to secure sensitive data. Partnering with a trusted consultancy saves time, reduces risk, and ensures successful certification. Some key benefits include: Local Expertise : UAE-based consultants understand local regulatory requirements and sector-specific challenges. : UAE-based consultants understand local regulatory requirements and sector-specific challenges. Custom Solutions : Each business gets tailored advice based on its size, industry, and goals. : Each business gets tailored advice based on its size, industry, and goals. Quick Implementation : Professional guidance shortens the certification timeline. : Professional guidance shortens the certification timeline. Audit Preparedness: Consultants help prepare for both internal and external audits with complete documentation. Choosing the right ISO consultancy firm is crucial. Consider the following factors: Proven Track Record : Check client testimonials and case studies. : Check client testimonials and case studies. Accreditation Knowledge : Ensure they're familiar with bodies like EIAC, IAS, and UKAS. : Ensure they're familiar with bodies like EIAC, IAS, and UKAS. Industry-Specific Experience : Consultants with sector expertise deliver more precise strategies. : Consultants with sector expertise deliver more precise strategies. Transparent Pricing : Avoid hidden costs or rigid packages. : Avoid hidden costs or rigid packages. Post-Certification Support: Good consultants offer ongoing assistance even after you've been certified. A standard ISO consultancy process in the UAE typically includes: Initial Consultation – Understand your business needs and ISO goals. Gap Analysis – Evaluate existing systems vs ISO requirements. Action Plan Development – Define timelines, resources, and steps. Documentation & Training – Prepare SOPs, manuals, and employee training. Internal Audit – Verify compliance and identify gaps. Certification Body Liaison – Coordinate audits with authorized bodies. Certification & Beyond – Get certified and ensure continuous improvement. Government Incentives : ISO certification can boost eligibility for government contracts. : ISO certification can boost eligibility for government contracts. International Market Access : Certification opens doors to export opportunities. : Certification opens doors to export opportunities. Investor Confidence : Structured systems attract foreign investments. : Structured systems attract foreign investments. Operational Efficiency : Streamlined processes reduce costs and waste. : Streamlined processes reduce costs and waste. Legal Compliance: ISO helps businesses stay aligned with UAE's regulatory frameworks. ISO certification is more than a document—it's a long-term commitment to quality, sustainability, and trust. By hiring a top-tier ISO consultancy in UAE, your business can align with global standards, gain a competitive edge, and ensure regulatory compliance. Whether you're a startup or an enterprise, the right consultant can transform ISO certification from a challenge into a business asset. Q1: How long does it take to get ISO certified in UAE? A: It usually takes 4–8 weeks, depending on the organization's size, readiness, and the ISO standard selected. Q2: Is ISO certification mandatory in the UAE? A: While not legally required for all businesses, many industries and government contracts in UAE prefer or demand ISO certification. Q3: Can small businesses in UAE afford ISO consultancy? A: Yes. Many consultancies offer scalable, cost-effective solutions specifically designed for SMEs. Q4: Which sectors benefit the most from ISO consultancy in UAE? A: Construction, healthcare, logistics, manufacturing, education, and IT sectors gain the most from implementing ISO standards. TIME BUSINESS NEWS
Yahoo
3 hours ago
- Yahoo
Falcon Technic Expands GCAA Approval to Include Falcon 900EX EASy Line Maintenance
DUBAI, United Arab Emirates, July 25, 2025 (GLOBE NEWSWIRE) -- Falcon Technic, the MRO division of Falcon, the aviation arm of Alex Group Investment, is proud to announce the successful amendment of its GCAA AMO Approval Certificate. The updated certificate now includes Line Maintenance capability for the Falcon 900EX EASy. This news reflects Falcon Technic's continued growth and its commitment to providing certified, high-quality maintenance solutions for a wider range of business aircraft in the United Arab Emirates. The Falcon 900EX EASy is a long-range business jet, widely recognised for its performance and advanced avionics. 'Our pursuit of excellence is part of our standard. At Falcon Technic, every expansion is intentional and every approval hard-earned. Adding the Falcon 900EX EASy to our scope is a clear statement of our commitment to lead, to serve this region and to keep pushing the limits of what we can deliver,' said Mr. Sultan Rashit Abdulla Rashit Al Shene, Founder & Chairman of Alex Group Investment. With this new capability, Falcon Technic can now support operators and owners of this aircraft with fast and compliant line maintenance directly from its base at Falcon's 13,705 sqm hangar facility. Falcon Technic continues to invest in people, training and infrastructure to meet the growing demands of the aviation industry across the UAE and beyond. About FalconFalcon is a premier aviation service provider, offering a one-stop-shop for all your aviation more at Instagram and LinkedIn Media InquiriesInes NacerddineDirector of Marketing - AviationAlex Group InvestmentEmail: A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
