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Dubai to get new trackless tram, more road upgrades as part of AED 16 bn urban mobility and infrastructure plan
The authority plans to introduce a trackless tram system at eight locations
THIS MORNING: UBS also sees GDP growing at more than 5% -CEO + Vietnamese PM in the UAE
Plus: Abu Dhabi’s crown prince is heading to Singapore tomorrow
Sharjah Executive Council approves AED 400 mn drainage project, real estate provisions, and industrial license fee reduction extension
The council greenlit infrastructure developments across the emirate
Dubai’s rural areas are getting an AED 390 mn upgrade
The plan aims to boost the number of tourists visiting Dubai’s rural areas to 3 mn by 2040
THIS MORNING: President Sheikh Mohamed bin Zayed is in Russia for Brics summit + LuLu Group kicks off IPO roadshow
Also: Gateway Partners is reportedly mulling a sale of its stake in Tim Horton’s Gulf franchise
Mashreq recruits Mo Salah for Visa Cards campaign in the UAE
The RTA is expanding its fleet with 76 new Volvo double-decker buses
My Morning Routine: Nader Aboushadi, group treasurer at Sidara
Liquidity varies at different times in different parts of the world, and you [have to] try to follow that liquidity
DNEG's AI platform Brahma sets up headquarters in Abu Dhabi
Brahma executive chairman Prabhu Narasimhan relocating to the emirate as part of the move
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