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RTA appoints Parsons to oversee Dubai Metro Blue Line

Parsons will oversee key aspects of the project, including design review, procurement support, construction supervision, testing and commissioning, and final handover

Rajiv Pillai
Rajiv Pillai

08 July, 2025

RTA appoints Parsons to oversee Dubai Metro Blue Line
Image credit: Parsons

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Parsons Corporation has been appointed as the Project Management Consultant for the Dubai Metro Blue Line by Dubai’s Roads and Transport Authority (RTA). The five-year contract marks new work for the firm and reinforces its long-standing collaboration with the RTA.

As part of the contract, Parsons will oversee key aspects of the project, including design review, procurement support, construction supervision, testing and commissioning, and final handover. The Blue Line is a strategic component of Dubai’s D33 Economic Agenda, which seeks to position the emirate among the world’s most advanced and connected cities by 2033. The line is expected to be operational by 2029.

‘‘We are proud of our long-standing partnership with the RTA and are committed to working with their expert team on expanding the Dubai Metro network in line with the RTA’s goal to provide seamless, safe, and sustainable mobility solutions that cater to the needs of Dubai’s growing population,’’ said Pierre Santoni, President, Infrastructure EMEA at Parsons. ‘‘Our team will leverage our 80-plus years of global experience coupled with our local knowledge to deliver a world-class transportation system using the safest methods and most innovative technology available.’’

Read: Dubai Metro Blue Line: Inside the world’s tallest metro station

Malek Ramadan Mishmish, Director of Rail Planning and Project Development at RTA, said: “We are pleased to appoint Parsons as the project management consultant for the Dubai Metro Blue Line, particularly given the company’s extensive and proven experience in delivering projects awarded by the RTA since its establishment in Dubai. Parsons is a key partner in the RTA’s success and achievements, which it continues to deliver.”

Malek Ramadan Mishmish, Director of Rail Planning and Project Development at the Roads and Transport Authority (RTA).

He added: “The RTA is committed to working with leading global companies to implement its various projects and initiatives in line with the vision and ambitions of the Government of Dubai to make the Emirate the smartest and happiest city in the world. The RTA also strives to play an active role in achieving this vision, which is based on excellence, innovation, and future foresight, while leveraging advanced technologies in the field of smart and sustainable transportation.”

Blue Line facts

The 30-kilometer Blue Line will feature 14 stations and link major districts such as Mirdif, Dubai Silicon Oasis, Dubai Creek Harbour, and Dubai Festival City. Once completed, the line is expected to handle up to 320,000 passengers daily, supporting the Dubai 2040 Urban Master Plan.

Parsons has been a key partner in shaping Dubai’s transport infrastructure since the inception of the RTA in 2005. Its portfolio includes work on the Dubai Metro Red and Green Lines, Route 2020 expansion, the Dubai Intelligent Traffic Systems Center, the Infinity Bridge, and over 100 other infrastructure projects across the Emirate.

With more than six decades of experience in the region, Parsons remains a trusted leader in project and program management, smart mobility, rail, aviation, and urban development, working with more than 400 rail and transit clients worldwide.

Strategic property insights: Rent vs. buy in UAE’s best‑value areas

In many UAE regions, renting offers significant monthly savings, while ownership pays dividends in carefully chosen markets

Rajiv Pillai
Rajiv Pillai

08 July, 2025

Strategic property insights: Rent vs. buy in UAE’s best‑value areas
Image: Getty Images

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For corporate real estate professionals, HR strategists, relocation experts, and investor teams, the rent-or-buy decision in the UAE goes beyond lifestyle: it’s a core financial strategy. Bloom Holding’s latest report dives into the numbers across 77 areas in five emirates, spotlighting where renting is more cost-effective than buying—and vice versa. This delivers a powerful framework for aligning accommodation decisions with long-term business objectives.

Renting vs. buying: What the data reveals

Bloom Holding’s research compares median monthly rent with estimated mortgage costs (inclusive of service charges and housing fees) across key regions in Dubai, Abu Dhabi, Sharjah, Ajman, and Ras Al Khaimah.

  • Widespread advantage in renting: In 44 of the 77 surveyed areas, renting is financially more attractive. Across luxury communities and emerging suburbs, tenants often pay significantly less monthly than homeowners burdened with mortgage payments plus fees.

  • Narrow gaps in stable markets: In core urban centers, rental costs come close to ownership expenses, indicating mature property markets where buying becomes financially comparable to renting.

Top areas where renting wins

Bloom identifies eight standout locations—like Al Marjan Island (RAK), Al Barsha (Dubai), and Saadiyat Island (Abu Dhabi)—where homeowners currently pay 50–180% more per month than renters. These regions reflect premium segments where mortgage and ownership overhead exceed rental outlays, making renting the smarter economic option in the short to mid term.

Where buying offers the best value

A closer look at select communities shows buying has clear advantages:

  • Al Reef, Abu Dhabi: Renting costs Dhs 7,500 vs. mortgage Dhs4,659—renters pay nearly 38% more monthly.

  • Culture Village, Dubai: Rent of Dhs21,250 compared to Dhs14,531 mortgage—over 31% savings by buying.

  • Jumeirah Village Triangle, Dubai: Rent at Dhs3,333 versus Dhs9,190 mortgage—over 31% cost advantage.

Other noteworthy areas include Khalifa City (Abu Dhabi), Tilal City (Sharjah), and Al Reem Island, where property ownership delivers significant monthly savings.

Business use case scenarios

1. Short-term moves or contract staff:
In luxury-demand areas where rent consistently beats ownership—especially for short assignments—leasing minimises capital expenditure while offering flexibility.

2. Long-term establishment or asset building:
Suburban and growth areas where mortgages are lower than rent present opportunities for equity accumulation and long-term cost savings. Ideal for regional base setups or stable employee housing.

3. Location-specific tailored approach:
With sharp disparities in rent vs. buy across neighborhoods, companies can adopt a mixed strategy—rent in travel-hub areas and buy in high-savings regions.

Decision drivers beyond just cost

Bloom Holding emphasises that cost shouldn’t be the sole driver. Additional strategic factors include:

  • Tenure intentions: Permanent deployments tilt toward buying; short-term assignments favor renting.

  • Lifestyle needs: Ownership allows customisation and stability. Rentals offer flexibility and less managerial responsibility .

  • Market dynamics: Rising rent trends and changing estate values compel a nuanced, location-by-location decision process .

Final takeaway for B2B stakeholders

Bloom Holding’s analysis equips businesses with clear, data-backed insight: in many UAE regions, renting offers significant monthly savings, while ownership pays dividends in carefully chosen markets. By aligning property strategy with corporate timelines, mobility needs, and financial goals, organisations can optimise costs, control risk, and support strategic growth.

UAE Golden Visa now more accessible to Indian applicants

The initiative is expected to attract a growing number of Indian applicants looking to make the UAE their long-term base

Gulf Business
Gulf Business

08 July, 2025

UAE Golden Visa now more accessible to Indian applicants
Image: Getty Images

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Accessing expert guidance for the UAE’s prestigious Golden Visa has just become more convenient for Indian residents. VFS Global’s Education, Trade & Migration (ETM) Services, a division of the global outsourcing and technology services leader, has partnered with the Rayad Group to offer specialised immigration advisory services tailored for UAE Golden Visa applicants in India.

This new initiative enables eligible individuals, including business owners, professionals, scientists, entrepreneurs, creatives, and influencers, to apply for a 10-year UAE residency under the government nomination category. Notably, there is no requirement to invest in real estate or set up a business to qualify. Successful applicants can also sponsor their spouses, children (including adult dependents), parents, and household staff to join them in the UAE.

Applicants can initiate the process by visiting this link or contacting the dedicated helpline at +91-22-62018483.

The service is the first offering from the new Centre of Excellence jointly established by VFS ETM and Rayad Group, with locations in New Delhi, Mumbai, Ahmedabad, Chennai, Hyderabad, and Pune. These centres combine legal advisory expertise with the latest advancements in Generative AI to streamline the immigration process and ensure regulatory compliance.

Read: No golden visas for crypto investors, UAE authorities confirm

Founded in 1994, the Rayad Group brings extensive experience in global immigration and legal consulting, including advisory on UAE Golden Visas, US EB-5 programs, and citizenship-by-investment options in over 45 countries.

VFS Global, a trusted partner to 69 client governments, operates over 3,800 application centres in 158 countries. Since 2001, it has processed more than 461 million applications globally, delivering secure mobility solutions for governments and citizens alike.

“We believe there is strong demand for immigration advisory services, particularly for the UAE Golden Visa. In line with our customer-first policy we are delighted to roll out this solution that empowers applicants to get sound understanding of the immigration process and take informed decisions,” said Yummi Talwar, Chief Operating Officer – South Asia, VFS Global.

Rayad Kamal Ayub, Managing Director of Rayad Group, added, “The United Arab Emirates’ unique blend of economic stability, favourable tax policies, and luxurious living standards positions it as a premier destination for high-net-worth individuals seeking new opportunities and an elevated quality of life. The nation’s safety, political stability, and world class healthcare and educational systems coupled with the Golden Visa program provide an ideal environment for residents to realise their aspirations.”

With a strong value proposition and trusted advisors behind the rollout, the initiative is expected to attract a growing number of Indian applicants looking to make the UAE their long-term base.

New route alert: Air Arabia launches flights to European destination

The airline aims to provide a seamless and comfortable flying experience, reinforcing its position as a leading low-cost carrier in the region

Gulf Business
Gulf Business

08 July, 2025

New route alert: Air Arabia launches flights to European destination
Image credit: WAM/Website

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Air Arabia has announced the launch of a new daily non-stop service connecting Sharjah International Airport with Munich International Airport, starting December 15, 2025.

The new route marks a significant addition to the airline’s growing European network, providing travelers with affordable and convenient connectivity between the UAE and one of Germany’s key economic and cultural hubs, a WAM report said.

Read-Date announced: Air Arabia resumes flights to Damascus

Strategic expansion into Europe

“Munich stands as one of Germany’s leading economic and cultural centers, offering strong appeal for both business and leisure travelers,” said Adel Al Ali, Group Chief Executive Officer of Air Arabia. “The launch of our new non-stop service to Munich marks another important step in expanding our European network from the UAE to key global destinations.”

He added that the move supports Air Arabia’s long-term growth strategy while reinforcing its commitment to value-driven travel.

Growing route network

With the addition of Munich, Air Arabia now connects Sharjah to a growing list of European cities, including Vienna, Athens, Milan Bergamo, Krakow, Warsaw (Chopin and Modlin), and Prague. The airline continues to strengthen its presence in Europe, offering increased options for travelers seeking budget-friendly and reliable air travel.

The airline aims to provide a seamless and comfortable flying experience, reinforcing its position as a leading low-cost carrier in the region.

Oil prices ease as traders assess US tariffs, OPEC+ output hike

Trump’s tariffs have prompted uncertainty across the market and concerns they could have a negative effect on the global economy and, consequently, on oil demand

Reuters
Reuters

08 July, 2025

Oil prices ease as traders assess US tariffs, OPEC+ output hike
Image: Getty Images

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Oil prices eased on Tuesday after rising almost 2 per cent in the previous session, as investors assessed new developments on US tariffs and a higher-than-expected OPEC+ output hike for August.

Brent crude futures dropped 21 cents at $69.37 a barrel by 0041 GMT. US West Texas Intermediate crude fell 24 cents at $67.69 a barrel.

US President Donald Trump on Monday began telling trade partners, which included major suppliers South Korea and Japan as well as smaller US exporters like Serbia, Thailand and Tunisia, that sharply higher US tariffs will start August 1, marking a new phase in the trade war he launched earlier this year.

Trump’s tariffs have prompted uncertainty across the market and concerns they could have a negative effect on the global economy and, consequently, on oil demand.

However, there are some signs current demand remains strong, particularly in the US, the world’s biggest oil consumer, which has supported prices. A record 72.2m Americans were projected to travel more than 50 miles (80 km) for Fourth of July vacations, data from travel group AAA showed last week.

Investors were bullish heading into the holiday period with data from the US Commodity Futures Trading Commission released on Monday showing money managers raised their net-long futures and options positions in crude oil contracts in the week up to July 1.

Regarding supplies, on Saturday the Organization of the Petroleum Exporting Countries and allies, a group known as OPEC+, agreed to raise production by 548,000 barrels per day in August, exceeding the 411,000-bpd hikes they made for the prior three months.

The decision removes nearly all of the 2.2m-bpd of voluntary cuts and analysts at Goldman Sachs expect OPEC+ to announce a final 550,000-bpd increase for September at the next meeting on August 3.

However, the actual output increase has been smaller than the announced levels so far and most of the supply has been from Saudi Arabia, analysts said.

Dubai’s smart commute: How RTA’s AI is changing the city’s roads

The Public Transport Station Management Using AI tool monitors crowd movement to enhance passenger flow and reduce wait times

Gulf Business
Gulf Business

08 July, 2025

Dubai’s smart commute: How RTA’s AI is changing the city’s roads
Image credit: WAM/Website

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Dubai’s Roads and Transport Authority (RTA) recently hosted a week-long exhibition at its headquarters to showcase its leading artificial intelligence (AI) initiatives, supporting the implementation of its Artificial Intelligence Strategy 2030.

The exhibition was designed to engage RTA employees and strategic partners, highlighting how AI is being used to enhance service delivery, integrated mobility, and global best practices in transportation and infrastructure, a WAM report said.

AI tools driving smart mobility

Eleven AI-powered initiatives were presented during the event, each aligned with six strategic pillars of RTA’s AI Strategy: Seamless and Innovative Mobility, People Happiness, Smart Traffic Management, Smart Licensing, Asset Excellence, and Future Readiness.

Among the highlights was the Bus Drivers Support System: Control and Operation Centre, which uses AI to analyse voice and data for real-time communication between drivers and the control centre. The Dubai Metro Water and Electricity Consumption Forecast Dashboard was also showcased — a predictive analytics tool aimed at improving sustainability and cost efficiency in metro operations.

The exhibition also featured the AI-powered Madinati WhatsApp service, allowing users to report public transport asset damage, and the Smart Assessment of Cycling Track Infrastructure, which uses new global indicators to evaluate safety and rider comfort. The Smart Road Asset Assessment System, powered by LiDAR and AI, helps prioritise road maintenance and keeps digital asset records updated.

In traffic management, the Smart Traffic Management initiative presented at the Dubai Intelligent Traffic Systems Centre demonstrates how big data and AI can be used to optimise traffic flow. Similarly, the AI-Powered Bus Network Management tool analyses ridership data to improve route efficiency. The Instructor Monitoring System uses in-vehicle AI cameras to assess driving instructors’ performance and maintain training standards.

Other notable projects included the Plate Price Prediction System, which uses historical data to forecast revenue from number plate auctions, and the Microsoft Copilot-enabled operations, which streamline data analysis and task automation. The Public Transport Station Management Using AI tool monitors crowd movement to enhance passenger flow and reduce wait times.

Hackathon highlights innovation drive

Alongside the exhibition, RTA hosted expert panels, forums, and interactive discussions on AI’s role in the future of smart mobility and urban development. A three-day AI Hackathon saw RTA employees competing to develop AI-based transport solutions, with the event concluding in an awards ceremony honoring the most innovative ideas.

Mohammed Yousef Al Mudharreb, CEO of the Corporate Technology Support Services Sector and Deputy Head of RTA’s AI and Data Science Team, said the event reinforced the momentum of Dubai AI Week held last April. That initiative, launched under the directives of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, aims to position Dubai as a global AI hub.

Al Mudharreb emphasized the importance of involving staff and strategic partners in applying practical AI use cases while strengthening governance and technical capabilities.

In April, RTA launched its Artificial Intelligence Strategy 2030, comprising 81 projects aimed at transforming Dubai into a global leader in AI-driven mobility and improving residents’ quality of life.

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