{"id":105564,"date":"2025-07-15T00:00:00","date_gmt":"2025-07-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/emirates-road-is-getting-an-upgrade\/"},"modified":"2025-07-15T00:00:00","modified_gmt":"2025-07-15T00:00:00","slug":"emirates-road-is-getting-an-upgrade","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/07\/15\/emirates-road-is-getting-an-upgrade\/","title":{"rendered":"Emirates Road is getting an upgrade"},"content":{"rendered":"<p class=\"tag-border-left\">TRANSPORT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Emirates Road gets AED 750 mn expansion: <\/strong>The Energy and Infrastructure Ministry has earmarked AED 750 mn to widen Emirates Road and improve traffic between the emirates, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bkogqvc-ministry-energy-and-infrastructure-launches\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Construction is set to begin this September and will take two years to complete. It aims to reduce travel time on routes between Ras Al Khaimah, Umm Al Quwain, Sharjah, and Dubai by 45%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The details:<\/strong><span style=\"background-color: transparent;\"> The work will start by expanding a 25 km section between Sharjah's Al Badee Interchange and Umm Al Quwain to increase capacity to 9k vehicles per hour, up 65% from current levels. The road\u2019s Interchange No. 7 is also set to be upgraded with six directional bridges \u2014 totaling 12.6 km.<\/span><\/p>\n<p class=\"tag-border-left\">INDUSTRIALS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>New <\/strong><strong>Dubai-China pact targets business expansion: <\/strong>Dubai Chambers inked an MoU with the China Machinery Industry Federation (CMIF) to strengthen industrial cooperation between Dubai and Chinese businesses, according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2025\/july\/14-07\/dubai-chambers-organises-roundtable-in-beijing\" style=\"\" rel=\"noopener\">Dubai Media Office<\/a>. The agreement was signed on the sidelines of a Dubai Chambers roundtable attended by industry leaders from China.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Under the agreement<\/strong>, Dubai Chambers will assist Chinese manufacturers entering the Dubai market and CMIF will connect Dubai firms with Chinese partners. The MoU also creates structured support for cross-border industrial expansion and the two will also collaborate on trade shows, business delegations, and economic data sharing. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>UAE <\/strong><strong>inks IP agreements with Spain, Morocco: <\/strong>The Economy and Tourism Ministry signed two MoUs to strengthen intellectual property (IP) cooperation in industry with Spain and Morocco, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bkogqms-uae-strengthens-industrial-property-ties-with\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The agreements establish collaboration frameworks within the industrial sector, including on digital transformation, talent development, industrial property registration, and AI-driven patent search and classification processes. <\/p>\n<p class=\"tag-border-left\">ENERGY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Enova <\/strong><strong>and Schneider Electric team up: <\/strong><a target=\"_blank\" href=\"https:\/\/www.enova-me.com\/\" style=\"\" rel=\"noopener\">Enova<\/a>, Majid Al Futtaim\u2019s and France\u2019s Veolia\u2019s energy services JV, has partnered with <a target=\"_blank\" href=\"https:\/\/www.se.com\/ae\/en\/\" style=\"\" rel=\"noopener\">Schneider Electric<\/a> to deploy integrated energy solutions across the region, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/enova-and-schneider-electric-join-forces-to-advance-energy-solutions-in-the-gulf-nbb8f867\" style=\"\" rel=\"noopener\">press release<\/a>. The tie-up will see the two help businesses integrate renewable energy and smart technologies, including Schneider\u2019s EcoFit and EcoCare programs, into their operations.<\/p>\n<p class=\"tag-border-left\">INVESTMENT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adio-<\/strong><strong>EFOA agreement targets global family offices: <\/strong>The Abu Dhabi Investment Office (Adio) and the Emirates Family Office Association (EFOA) signed a strategic agreement to attract and facilitate global family offices and ultra-high-net-worth individuals\u2019 entry to the emirate, according to a <a target=\"_blank\" href=\"https:\/\/www.investinabudhabi.ae\/News\/ADIO-partners-with-Emirates-Family-Office-Association-to-attract-long-term-private-capital\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Under the partnership<\/strong>, Adio will support investors with market entry, licensing, and integration, while EFOA will identify potential investors, facilitate connections, and develop sector-specific investment plans. The agreement also covers joint roadshows, private forums, and regulatory collaboration to expand Abu Dhabi\u2019s wealth management infrastructure.<\/p>\n<p class=\"tag-border-left\">BANKING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>National Bonds adds RakBank to Al Manassah sukuk platform:<\/strong> Shariah-compliant savings and investment firm National Bonds onboarded the National Bank of Ras Al Khaimah (Rakbank) to its sukuk trading platform, Al Manassah, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/rakbank-joins-national-bonds-fintech-al-manassah-platform-s2x38y0e\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Al Manassah: <\/strong>The fully automated digital investment platform facilitates 24\/7 trading of Mudaraba-based sukuk for licensed financial institutions, and has processed AED 199 bn in transactions since it started in 2013. United Arab Bank joined the platform <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9f4e8d89-740e-4c3d-8e2d-92dcfc7152dd\/diwan-consulting-opens-dubai-office\" style=\"\" rel=\"noopener\">last year<\/a>, and Al Manassah\u2019s network currently includes 13 financial institutions and banks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plus: New Dubai-China pact targets business expansion in the manufacturing sector<\/p>\n","protected":false},"author":1,"featured_media":105565,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1552],"tags":[530,1717,47,284,821,19,143,826,7,1467,396,1342,254,1367],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-105564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-abu-dhabi-investment-office","tag-al-ansari-financial-services","tag-also-on-our-radar","tag-china","tag-dubai-chambers","tag-economy","tag-energy","tag-energy-and-infrastructure-ministry","tag-enterpriseam-uae","tag-financial-services","tag-industry","tag-investment","tag-majid-al-futtaim","tag-transport","wpautop","entry"],"acf":{"mongo_id":"3da86f20-572b-4d63-999a-5308089a5e7a","order":"12","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/7\/917.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Emirates Road is getting an upgrade","related_issue":[105542],"teaser":"Plus: New Dubai-China pact targets business expansion in the manufacturing sector","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/7\/.bc83e121-68e4-447d-b7da-1ea07c9de635.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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