Browsing: Infrastructure

Dubai’s Roads and Transport Authority (RTA) has revealed the operational schedule for its services during the 52nd Union Day holiday, impacting various facilities such as customer happiness centres, paid parking zones, public transportation including buses, Dubai Metro and Tram, marine transport, and vehicle technical inspection centres.

Petrol and diesel costs witnessed a significant decline throughout the nation in November, following a hike in October. December 2023, E-Plus 91 was priced at AED 3.13 per litre in November 2022, whereas diesel was set at AED 4.01 per litre. Both are now considerably cheaper, at AED 2.85 per litre and AED 3.42 per litre, respectively. Special 95 and Super 98 are also more economical than in November of the previous year.

The Dubai Taxi Company has officially concluded the bookbuild and public subscription phase for its initial public offering (IPO) on the Dubai Financial Market (DFM). The final price for the IPO was set at AED 1.85, positioned at the upper limit of the previously disclosed Offer Price Range. This decision brings the total offering size to approximately AED 1.2B ($327M).

Abu Dhabi Airport’s Terminal A is set to entice more airlines to initiate flights to the UAE capital while strategically boosting operations to accommodate a projected increase in capacity to 65 million passengers within the next decade, up from the current 45 million. Elena Sorlini, Managing Director and Interim CEO of Abu Dhabi Airports, emphasized efforts to leverage government-to-government relations, particularly targeting Asia and China.

Adnoc has introduced the first “high-speed” green hydrogen pilot refuelling station in the region to trial a fleet of vehicles powered by hydrogen. The station, operated by Adnoc Distribution in Masdar City, will generate green hydrogen through an electrolyser that runs on clean grid electricity, as stated by the company on Friday.

The initial stage of the Dubai Horizons project has been successfully completed by Dubai Municipality and Dubai Civil Aviation Authority.

Dubai’s Roads and Transport Authority (RTA), the Principal Pathway Partner for the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28), has revealed a comprehensive strategy to facilitate the movement of delegations and attendees at the conference.

The UAE’s strategy to build and deploy a set of highly precise radar satellites has taken a significant step forward. The UAE Space Agency has established an industrial consortium to advance the “Sirb” project, with the potential for the initial satellite launch by 2026.

Emirates inaugurated the Dubai Airshow 2023 by placing a substantial order for 95 additional wide-body aircraft, elevating its total order book to 295 aircraft. As the world’s largest operator of wide-body passenger aircraft, Emirates committed to additional Boeing 777-9s, 777-8s, and 787s, valued at $52B. This investment is geared towards supporting growth plans, maintaining an efficient fleet, and enhancing the flying experience for passengers.

Dubai’s Roads & Transport Authority (RTA) achieves a milestone as 50% completion is announced for the Garn Al Sabkha-Sheikh Mohammed bin Zayed Roads Intersection Improvement Project. Spearheaded by Sheikh Mohammed bin Rashid Al Maktoum, the initiative involves constructing four purpose-specific bridges, covering 2,874 meters in total, designed to accommodate 17,600 vehicles per hour.