transportation

UAE’s real GDP grows 3.6 percent to $239.5 billion in H1 2024

The contribution of non-oil sectors to the country's GDP reached 75 percent

Dubai’s RTA announces free parking, public transport operating hours for New Year’s Holiday 2025

Public parking areas will be free of charge on January 1, except multi-story parking

Dubai’s RTA announces traffic upgrades in Nad Al Sheba, boosting travel efficiency by 60 percent

This upgrade aims to ease traffic flow, reduce congestion, and cut delays by up to 50 percent during peak hours

Dubai 2025 New Year’s Eve: Public transport operation hours and key road closures announced

The Dubai Metro's Red and Green lines will operate from 5:00 AM on December 31, 2024, until midnight on January 1, 2025

Dubai residents can now use nol Card to pay for e-scooters

Users can now purchase various packages, hourly, daily, or monthly, by linking their nol Cards to their smartphones

Dubai Metro and Tram achieve 96 percent rating in 2024 ICXS assessment

Marking a significant rise from 87.2 percent in 2022 and 92.2 percent in 2023

CBUAE forecasts real GDP growth: 4 percent in 2024, rising to 5.5 percent by 2026

Non-oil GDP growth is projected to remain robust at 4.9 percent in 2024 and 5.0 percent in 2025

China to build world’s largest artificial island airport

The new airport is expected to boost the local economy by facilitating increased trade and tourism

Dubai’s new 1km bridge to reduce travel time from 15 to 3 minutes, cut traffic congestion by 80 percent 

The project will double Hessa Street’s capacity from 8,000 to 16,000 vehicles per hour in both directions.

Dubai’s RTA reduces fare for Bus on Demand service in Business Bay to AED2

RTA plans to expand the service to cover 10 areas by the end of the first half of 2025

DP World launches Middle East’s first $100 million blue bond to fund sustainable marine transport

Eligible initiatives include reducing maritime pollution, sustainable ports, and water quality

AD Ports appoints Egyptian contractor to build infrastructure for Noatum Ports – Safaga Terminal

The terminal will handle 450,000 TEUs, 5 million tons of dry bulk, and 1 million tons of liquid bulk

Dubai residents can now book minibus rides online with RTA’s new Bus Pooling Initiative

The service provides passengers with options for single trips or weekly and monthly subscriptions

Logisty: New app launched for freight booking and tracking services in Dubai

This platform provides transport services, manages fleets, and offers on-demand booking and tracking

Arab Health contributed $269.7 million to Dubai’s economy during 2024 edition

Tourism and hospitality benefited from the major healthcare event, with 2024 accommodation spending over $56.2 million

AD Ports Group assigned new A1 Credit Rating by Moody’s

The A1 rating is the fifth-highest on Moody’s scale, indicating upper-medium investment grade and low credit risk 

RTA completes rail grinding and overhauls 79 Dubai Metro trains

This initiative enhances the efficiency, safety, and sustainability of Dubai Metro, aligning with RTA’s Strategic Plan 2030

Global trade set to reach record $33 trillion in 2024: UNCTAD

This represents a 3.3 percent annual growth rate, showcasing the resilience of international trade amid ongoing challenges

Abu Dhabi’s NMDC LTS signs definitive agreement to acquire 70 percent equity stake in Emdad

The acquisition, pending regulatory approvals, will allow NMDC to expand into oilfield services

Abu Dhabi passengers can now book self-driving car rides on Uber

Services will first be available in Saadiyat Island, Yas Island and routes to and from Zayed International Airport

dnata Logistics breaks ground on $27.2 million Dubai South warehouse

The new warehouse will handle 400,000 tons of cargo annually, boosting storage capacity by 50 percent and creating over 50 jobs 

Dubai CommerCity launches autonomous delivery robots trial for enhanced last-mile logistics

The free zone will designate areas for robot parking and charging during the trial to enable seamless operations 

RTA launches initiative to illuminate 40 areas across Dubai by 2026

This initiative aligns with RTA’s strategy to enhance Dubai’s road network and update street lighting systems citywide 

Universal AI adoption to increase global real trade growth by 14 percent by 2040, says WTO

By enhancing trade logistics, overcoming language barriers, and minimizing search and match costs, AI can make trade more efficient