transportation

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