#transport

Tristar pulls Dubai IPO as investors push back on valuation

Tristar’s IPO was slated to be the second listing in three years on the Dubai Financial Market

Ras Al Khaimah International Airport Welcomes Rossiya Airlines

Rossiya Airlines commences direct flights between Ras Al Khaimah and nine cities in Russia

It will connect Ras Al Khaimah to Moscow, St. Petersburg, Kazan, Samara, Yekaterinburg, Nizhny Novgorod, Perm, Ufa and Rostov-on-Dov

Suez Canal authorities say backlog of ships is now cleared

Overall, 422 vessels passed through since the tanker was freed on March 29

RTA launches third Edition of Tamkeen Programme

Construction of roads to the new Al Khail Avenue Mall to be completed soon – Dubai’s RTA

The roads and bridges leading to the mall will complete construction by the end of the first half of 2021

Saudi’s Haramain Railway begins operations after a year, ahead of Ramadan

The railway line’s services were suspended in March 2020 due to the Covid-19 pandemic

Emirates Dubai Nigeria

Emirates indefinitely suspends all flights between Dubai and Nigeria

Customers who have been to or connected through Nigeria in the last 14 days are not permitted to board from any other point to the UAE

Dubai UAE

Notifications of parking violations in Dubai to be digital-only from March 28

Those found erring will receive a notification of their fines via an email and SMS

Dubai eyes its second IPO in three years with Tristar listing

The company plans to offer up to 24 per cent of its shares in the IPO

Saudi’s Haramain Railway to resume operations from March 31

The railway line’s services were suspended in March 2020 to curb the spread of the Covid-19 pandemic

Sharjah Airport

Sharjah Airport handled 4.2 million passengers in 2020, down 69%

Cargo traffic through the airport reached 99,600 tons, and the airport achieved an increase in the volume of non-scheduled flights by 635.9 per cent year-on-year

Etihad

Abu Dhabi’s Etihad reports $1.7bn loss for 2020, passenger traffic down 76%

The airline reported $1.2bn in passenger revenues in 2020, down by 74 per cent from $4.8bn the previous year

Saudi Arabia to ship gas to South Korea and take CO2 back

The state-run energy company already uses carbon dioxide to pump more crude out of the ground in a process known as enhanced oil recovery

Dubai Metro Public Transport

There were 346m users of public transport in Dubai in 2020

On average, approximately 947,000 riders used public transport every day in 2020

Udrive Hasib Khan

The SME Story: Hasib Khan, founder and CEO of Udrive

Unlike traditional rental services, with Udrive no humans are involved in the rental process which is managed via the app and you pay for only what you use

Hala Dubai Taxis Careem

Hala offers free rides home for Dubai residents returning from Covid-19 vaccination centres

The offer is valid on Hala (Dubai Taxis) and Hala Van (Dubai Taxis), starting from January 26

Uber UAE

Covid-19: Uber offers discounted rides on trips to vaccination centres in the UAE

The discounted fare will be applicable for rides undertaken from January 25 – February 8

Etihad Airways flights Doha

Etihad Airways to restart flights between Abu Dhabi and Doha in February

The service will operate daily using an Airbus A320 and a Boeing 787-9 Dreamliner

New Year: Dubai’s RTA announces free parking, public transport timings

The Metro will operate throughout Thursday and Friday

Metro timings, road closures for New Year’s Eve in Dubai revealed

Police officers will be deployed across all the tourist destinations in the emirate and will ensure that Covid-19 precautionary measures are implemented

SAUDI-HEALTH-VIRUS-DECONFINEMENT

Saudi extends ban on international flights, permits foreigners to leave kingdom

The kingdom had closed its air, land and sea borders a week ago over concerns about the spread of the new strain of the coronavirus

Dubai’s RTA announces change for maximum number of passengers permitted in taxis

All the passengers will need to sit at the back, leaving the seat next to the driver vacant

Dubai Metro’s Route 2020 to begin operating from January 1, 2021

The initial operation phase will cover four stations including Jebel Ali (interchange station), The Gardens, Discovery Gardens, and Al Furjan

Abu Dhabi’s Hope Consortium expands reach via four key partnerships

The four companies cover 80 per cent of the world’s countries and transported over four million tons of air freight cargo globally last year

Abu Dhabi

Abu Dhabi’s toll gate system to go live on January 2, 2021

Motorists need to register and activate their toll accounts

Dubai’s DP World dismisses Djibouti President’s remarks about disputed port as “false”

DP World reiterated that it remains the legal operator and concession holder of the Doraleh Container Terminal

Abu Dhabi Hope Consortium

Abu Dhabi’s Hope Consortium to facilitate worldwide distribution of Covid-19 vaccine

The consortium will be able to handle the logistics for over six billion doses of the vaccines manufactured around the world – whether in single or multi doses – in cold and ultra-cold conditions in 2021

Ekar extends its mobility OS to GCC third-party fleet owners

Ekar poised to add more than 5,000 cars within its app over the next six months across UAE and Saudi Arabia

Dubai Metro

RTA to rename five Dubai Metro stations

The stations which will be renamed include Al Fahidi Metro Station, First Abu Dhabi Bank, Noor Bank, Damac and Nakheel

Dubai Tram transports 32 million passengers since launch in 2014

The tram connects 11 stations

Sheikh Mohammed bin Rashid Al Maktoum

Sheikh Mohammed inaugurates Dhs590m Dubai Intelligent Traffic Systems Centre

The centre will use artificial intelligence, big data, internet of things and advanced communication systems to monitor and manage road networks