Transport Etihad Rail on track to deliver UAE property price rises The UAE-wide Etihad Rail network is set to drive significant price hikes for properties located near its stations, according to industry experts. The 1,200km rail track, which is expected to carry over 60 million tonnes of freight and 36.5 million passengers by 2030, aims to make commuting easier for UAE residents. Ata Shobeiry, CEO at […] August 3, 2022
Transport Saudi reveals tram project to drive AlUla tourism ambitions Saudi Arabia has unveiled plans to build a new tram system as they aim to develop AlUla as a major international tourism destination. The Royal Commission for AlUla (RCU) said the tram will connect all of AlUla’s most important landmarks, archaeological sites, tourist destinations, urban areas and transport infrastructure. The first phase of the system […] July 5, 2022
IPO expected for Dubai road toll operator Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum on Wednesday issued a new law establishing road toll operator Salik as a public joint stock company (PJSC), paving the way for a potential initial public offering (IPO). According to the law, Salik Company PJSC will have a term of 99 years, starting from the date of […] June 15, 2022
