The bridges, developed through collaboration between DMT and the Integrated Transport Centre, will serve commuters travelling to the city, Zayed International Airport, Mussafah, and Hudayriyat Island in Abu Dhabi
Industries
Latest in Industries
Riyadh
Riyadh Metro completes network with Orange Line launch
The Riyadh Metro, which operates from 6:00 am until midnight, comprises six lines covering 176 kilometres with 85 stations, including four main stations, making it the Middle East’s largest metro and the world’s longest driverless train system
Jeddah
Saudi Arabia’s King Abdulaziz International Airport reports record-breaking 49.1 million passengers in 2024
The airport reached its peak on December 31, 2024, processing 174,600 passengers in a single day
Dubai
Emirates launches first A350 service with Dubai-Edinburgh route
The A350 is the first of 65 aircraft set to join Emirates’ fleet
Dubai
Dubai welcomes 16.79 million tourists in first 11 months of 2024
The hospitality sector demonstrated growth with Dubai’s hotel inventory reaching 153,390 rooms across 828 establishments by November 2024
Alcohol licences
Dubai Municipality alcohol tax: MMI maintains current prices for premium brands in 2025
MMI continues to provide complimentary alcohol licenses for residents and tourists aged 21 and above, available in-store and through licensedxb.com
DEWA
DEWA launches Microsoft Copilot framework in major AI push for 2025
DEWA began its AI journey in 2017 and was amongst the first utilities worldwide to implement Microsoft’s Copilot
Aviation
Dubai International Airport to welcome 4.3 million passengers in first two weeks of January
DXB expects to handle 311,000 passengers on January 3 alone, setting a new daily peak for the month
Apple
Apple to pay $95 million to settle ‘Snoopy Siri’ class action lawsuit
Apple denied wrongdoing in agreeing to settle; Lawsuit alleges Siri recorded without trigger words and these were then shared with advertisers
Aviation
Riyadh’s King Khalid Airport named world’s most on-time large and global airport
Cirium report shows 86.65% flights departed on time; Saudi named second best to Aeromexico as world’s most punctual airline
Emirates Green Building Council
EmiratesGBC, Global Green Growth Institute join forces to promote sustainable urban development in the UAE
The collaboration will be implemented through a combination of support mechanisms, training, knowledge platforms, and knowledge-sharing events
NVIDIA
Nvidia market value soars $2 trillion in 2024 on AI surge
Apple continued to lead global companies in market value, nearing a historic $4 trillion valuation
Corporate tax
Kuwait begins 2025 with a 15% tax on MNCs in economic diversification bid
The new tax is part of the country’s broader effort to promote economic development and ensure financial sustainability
Chinese economy
China may cut interest rates in 2025: Report
The economy’s main rate is its seven-day reverse repo rate, which it last cut from 1.7 percent to 1.5 percent in late September
Abha
Qatar Airways expands Saudi network to 11 destinations with new Abha flights
Qatar Airways resumes flights to Abha International Airport as it takes Saudi network to 11 destinations
Abu Dhabi Global Market (ADGM)
ADGM slashes fees for commercial licences in 2025
ADGM in Abu Dhabi introduces new fee structure for commercial licences
Dubai real estate
Dubai real estate sets $142bn transaction record in 2024 and best performing areas can now be revealed
Dubai real estate sector sets records for volume and value in 2024 with more properties sold for more money and at higher prices