DUBAI METRO 2024

Islamic bonds of National Central Cooling Company, known as Tabreed, rose on speculation the provider of air conditioning services to the Dubai Metro may follow Aldar Properties PJSC in getting financial support from Abu Dhabi. Tabreed’s floating-rate $200 million sukuk maturing in July rose 13 cents on the dollar in the past month to 88 cents on Tuesday, according to Exotix Ltd, an investment bank specialising
 in illiquid bonds.

In 2010, many people who wanted to visit the popular annual DSF were left grumbling for lack of public transport, and this year too, it’s been a repeat of the same. “Travelling by public transport to the Global Village is more convenient for us who visit with our families,” said P.T of Al Khan area in Sharjah. He added that it is not possible to get parking space close to the DSF event. “The parking yard is almost two kilometres away.”

The man behind it all was His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and his vision today is called the Dubai Shopping Festival (DSF). It's time to whip out those credit cards and shopping bags as Dubai is gearing up to celebrate a period of non-stop festivities for 32 days from January 20 to February 20, 2011. And its all about - shopping, winning and family entertainment.

A young Emirati man has been thanked by police for the third time for his good deeds. In his latest act of goodwill, the young man handed over a wallet containing Dh3,000 to Dubai Police. Mahmoud Moussa Ali, who works as a fine collector at the Roads & Transport Authority, found the wallet in Al Rifa’a area and handed it in at the neighbourhood’s police station. The wallet also included credit cards, an ID card and driving license.

The Dubai Metro is a driverless, fully automated metro network in the United Arab Emirates city of Dubai. The Red Line is almost fully operational, the Green Line is under construction with trials commenced in October 2010, and 3 further lines are planned, with some doubt expressed on their feasibility following the financial downturn experienced by Dubai after September 2008.

Integral to the plan is a $13bn new international airport by 2013, though $20bn is also slated for road and highway projects and $5.5bn for a new deepwater port. There will be up to $40bn invested on rail construction, with a 340-km, 98-station metro line for Doha and its outskirts and a high-speed connection linking Qatar with other Gulf states.

“From the start, RTA has been keen on developing mass transit systems to make them the first choice of commuters in the Emirate with the aim of increasing public transport ridership from 6% in 2006 to 34% by 2020. Under this drive, RTA has constructed the Dubai Metro project, the longest driverless metro line undertaken as a single project worldwide, and the first phase of the project was opened on 09/09/2009.

The Licensing Agency, Roads & Transport Authority is intending to hold the 3rd online auction of distinguished number plates starting January 21 and lasting for a week and the event will see the initial offering of the number plate category (K) in addition to the two categories (G) and (J).

The Licensing Agency of the Roads and Transport Authority (RTA) in Dubai will launch its third online auction of distinguished number plates for vehicles from January 21. Around 500 distinguished number plates with ‘G' and ‘J' codes will be offered in the online auction, which will continue for a week.

Motorists and road users are being asked to exercise extreme care and caution when driving during rainy periods and low visibility, to avoid traffic accidents which are likely to double under the current weather conditions.