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New projects to boost development in Abu Dhabi
The council gave approval for construction, renovation and infrastructure projects in Liwa, Ghayathi, Al Hayer, Al-Shuaib, Bida Al Mutawaa, Mazyed, Um Ghafa, Nema, Al Salamat Umm Alashtan and Alybanh. Additional infrastructure projects will be implemented for a number of other residential districts in the north of Al Wathba, Al Falah, Mohamed bin Zayed, and Emirati neighbourhoods in metropolitan and other areas.
$968 Billion in projects set for GCC
A 131km metro system in Abu Dhabi is forecasted to begin in 2015. A pan-GCC rail system is in the works, with an updated value of about $30 billion. This network will include the first rail line linking all the GCC member states.
2012 outlook for Abu Dhabi transport
The preliminary design for an Abu Dhabi metro and downtown light-rail transit (LRT) that will travel at a maximum speed of 100kph is planned for a summer 2012 unveiling. Construction on the 266-kilometre first stage of the Etihad Rail network between Habshan and Ruwais is to begin early in 2012
GCC set to invest $968b in 1,638 new projects
Over the next decade, the GCC countries, underpinned by record high oil revenues, are planning 1,638 major projects worth more than $968 billion across various sectors, Kuwait Financial Centre, or Markaz, said. Over 80 per cent of these projects are construction, infrastructure and petroleum industry related projects, the report said.
IATA awards Abu Dhabi International Airport for fast travel
The Abu Dhabi International Airport received the golden award for Fast Travel from International Air Transport Association (IATA), becoming the first airport in the region to adopt IATA’s latest initiative in response to growing passenger demands for more adequate and speedy travel procedures at airports.
Abu Dhabi’s necessary two steps backward
The reassessment of Abu Dhabi’s Vision 2030 resulted in job cuts and project delays. It would’ve been nice without a negative knock-on effect but perhaps it just couldn’t be helped. Even with a recent report that Abu Dhabi is now expecting to handle a million passengers a month, Abu Dhabi’s business landscape looks pretty shaky despite great momentum its aviation industry displays.
AED3.4 billion Adventure World theme park for Abu Dhabi
Tourism in Abu Dhabi is set to have a big boost with the development of Adventure World. The year-round theme parks consist of more than 25 attractions for all the family, themed hotels and entertainment, along with a large aqua park.
Abu Dhabi will undergo short-term fall in demand
Abu Dhabi’s real estate market continues to have a very bright future as government spending ramps up again and the newly delivered supply gets absorbed by tenants upgrading and expanding. There has already been major progress in the delivery of Vision 2030.
Etihad Rail’s UAE network to track with SAP software
Etihad Rail will support the development of its 1,200 km railway across the United Arab Emirates (UAE) with business software solutions from SAP in collaboration with HCL Technologies. One of the most ambitious transport projects in Middle Eastern history, the US$11 billion (Dh40 billion) development will connect the UAE to Saudi Arabia via Ghweifat in the west and Oman via Al Ain in the east.
Etihad Railway plans for shifting sands
When construction begins on the first leg of the 1,200-kilometre Etihad railway, months of work will already have gone into research to conquer the one thing that can stop an Arabian train in its tracks: sand. Engineers can carve tunnels through mountains but the fight against sand is fought on shifting battle lines.
