Hello reader, In today’s newsletter: UAE holidays 2024: When is the next long weekend? Expected dates revealed Dubai traffic to ease: RTA announces MAJOR $163mn road development in Zabeel, Al Jaddaf, Oud Metha areas Dubai real estate: Union Properties announces $544m Takaya development in Motor City J1 Beach in Dubai: 13 new dining outlets set to open in Jumeirah GITEX…
UAE holidays 2024: When is the next long weekend? Expected dates revealedDubai traffic to ease: RTA announces MAJOR $163mn road development in Zabeel, Al Jaddaf, Oud Metha areasDubai real estate: Union Properties announces $544m Takaya development in Motor CityJ1 Beach in Dubai: 13 new dining outlets set to open in JumeirahGITEX Global 2024: Dubai Government to showcase technology innovations |
Stay informed with the latest updates from Arabian Business, where our dedicated editorial team brings you a diverse range of stories. Here's what you missed over the weekend: |
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UAE residents are set to enjoy another long weekend later this year. Out of the 14 public holidays declared for both public and private sectors, several have already passed, including Eid Al-Fitr from April 8 to April 12, Arafat Day on June 15, the first day of Eid Al-Adha on June 16, and Prophet Muhammad’s (PBUH) birthday, expected to fall on Sunday, September 15. |
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On the transport front, Dubai’s Roads and Transport Authority (RTA) has awarded a contract for the Oud Metha and Al Asayel Streets Development Project, part of the larger Sheikh Rashid Corridor Development Project. The initiative, directed by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai and followed up by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, Chairman of the Executive Council of Dubai, aims to enhance Dubai’s infrastructure in response to urban growth and population expansion. The development will serve areas including Zabeel, Al Jaddaf, Oud Metha, Umm Hurair, Latifa Hospital, and Al Wasl Club. By 2030, it is projected to cater to over 420,000 people. |
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Meanwhile, Union Properties has officially launched its new $544m Takaya project in Dubai Motor City. Takaya sets a new standard in the mid-to-high range segment, promising exceptional living experiences for its residents. The launching ceremony was held at the Ritz Carlton DIFC, in the presence of Eng. Amer Khansaheb, Chief Executive Officer and Board Member, Union Properties. During the ceremony, Eng. Khansaheb highlighted how the project demonstrates the Company’s steadfast dedication to advancing Dubai’s Real Estate sector. |
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In other news, GITEX Global 2024, the world’s largest technology exhibition, is set to open in Dubai on October 14, as well. The Dubai Government will participate with a joint pavilion featuring over 45 government and private sector entities, organised by Digital Dubai. Digital Dubai has allocated a dedicated zone for artificial intelligence within the pavilion, underscoring the technology’s importance in their strategy for enhancing business operations, services and government programmes during the next phase of digital transformation. |
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Until next time, Sharon Benjamin for Arabian Business |
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