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Dubai Metro terminal station set to open on March 11
By Andy Sambidge www.arabianbusiness.com Jebel Ali Station, the terminal destination on the Red Line of the Dubai Metro, will open on Friday March 11, the Roads and Transport Authority (RTA) said on Saturday. The launch will increase the total number of stations opened to 27 stations. The station has a total capacity of handling 11,000 [...]
Superbus could slash Dubai-Abu Dhabi commute to 30-mins
The commute between Abu Dhabi and neighbouring Dubai could be cut to 30 minutes with the launch of an electric-powered ‘Superbus’. The bus-limousine hybrid – which can reach the speeds of a high-speed train – can carry 23 passengers at 250km/h along a dedicated ‘speed track’.
New Salik tolls could be key source of cash for Dubai
Philippe Dauba Pantanacce, senior economist at Standard Chartered Bank, said the road tolls formed a vital part of government cashflow. “Salik is an indirect tax through a toll system and in a country where there is no direct taxation, except in a few circumstances, any source of revenue is better than nothing,” he told Arabian Business. “It is also much more reliable than hydrocarbon revenues for example.
Dubai’s Al Sufouh Tram still plagued by cash concerns
The consortium of firms behind Dubai’s long-awaited Al Sufouh Tram project has begun a work slowdown as cash concerns continue to plague the multibillion-dollar track. The group, which includes French conglomerate Alstom and Belgium’s Besix, has scaled back the pace of construction on the state-backed tram as discussions over refinancing continue.
Dubai’s Green Line on track for August launch — RTA
The Metro’s second line was originally slated for completion in April 2010 but was slowed by funding and contract delays in the wake of the economic crisis. “The Green Line will be completed in August of this year,” said Abdul Younes, the RTA’s CEO for strategy and corporate governance.
Qatar railway project to be completed in 10 years
The metro is part of Qatar’s $42.9bn railway project that will also include an east coast link, a high-speed link, a freight link and a light rail system. The railway will serve suburb of Doha and developments such as Lusail, Education city and West Bay.
Qatar’s $100bn World Cup spree faces tight deadline
Gas-rich Doha must scramble to complete multibillion-dollar projects including the much-delayed $4bn Qatar-Bahrain Causeway, and its $25bn metro and rail scheme – originally slated for completion in 2025 – said National Bank of Kuwait (NBK) in a report.
Doha to overtake Dubai?
‘Sleepy’ Doha in the summer of 2022 is now guaranteed to be the most famous city on the planet, as audiences of billions tune in to the games. Between now and then some $57bn has been earmarked on infrastructure alone for the football matches, and accommodation and transportation for fans. Roads will be dug, hotels will be erected, sewage systems will be installed. A metro will be built.
