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UAE Launches AED750 Million Project to Expand Emirates Road and Ease Congestion
UAE Launches AED750 Million Project to Expand Emirates Road and Ease Congestion

Hi Dubai

time14-07-2025

  • Business
  • Hi Dubai

UAE Launches AED750 Million Project to Expand Emirates Road and Ease Congestion

The UAE Ministry of Energy and Infrastructure has unveiled a major AED750 million project to expand Emirates Road, aiming to tackle growing traffic congestion and support national development goals. The project will widen a 25-kilometre stretch of Emirates Road from Al Badee Interchange in Sharjah to Umm Al Quwain, increasing capacity from three to five lanes in each direction. Once completed, the road will accommodate up to 9,000 vehicles per hour—a 65% boost in capacity. Construction is scheduled to begin in September 2025 and will take two years to complete. The project includes a full upgrade of Interchange No. 7 with six new directional bridges and additional collector roads, enhancing connectivity and safety across one of the UAE's busiest routes. According to the Ministry, travel times between Ras Al Khaimah, Sharjah, and Dubai could drop by up to 45%, easing the daily commute for thousands of residents and improving the movement of goods and services. Minister Suhail Mohamed Al Mazrouei said the initiative is part of the country's long-term strategy to build resilient, sustainable infrastructure that aligns with the UAE's economic and environmental objectives. Officials emphasized that the development will adhere to global engineering standards, supporting the UAE's ambition to be a global leader in transport infrastructure and sustainable mobility. News Source: Emirates News Agency

Ministry of Energy and Infrastructure Launches New Housing Loan Insurance to Support Senior Citizens
Ministry of Energy and Infrastructure Launches New Housing Loan Insurance to Support Senior Citizens

Hi Dubai

time09-07-2025

  • Business
  • Hi Dubai

Ministry of Energy and Infrastructure Launches New Housing Loan Insurance to Support Senior Citizens

The UAE Ministry of Energy and Infrastructure has unveiled a new initiative to provide life insurance coverage on housing loans for Emirati citizens, with a focus on senior citizens, extending coverage up to the age of 95. Launched under the Sheikh Zayed Housing Programme, the initiative ensures comprehensive insurance on housing support decisions, addressing previous challenges that limited loan coverage to citizens under 70. The goal is to enhance social equity, reduce financing rejections, and improve the overall stability of Emirati families. The initiative offers unified, low-cost insurance coverage for cases of death or total permanent disability, whether by accident or illness. It is being rolled out in collaboration with the Central Bank of the UAE, national banks, Takaful service providers, and major insurers, including ADNIC and Sukoon Takaful. Minister of Energy and Infrastructure Suhail Mohamed Al Mazrouei said the initiative aligns with the UAE's leadership vision of prioritizing citizen welfare, adding that it marks a significant step in supporting senior citizens and boosting financial stability. The Central Bank has also issued a regulatory notice to allow more flexible financing models. Citizens with existing mortgages may now apply for new financing if the new home is their primary residence and they meet repayment requirements. Mohamed Al Mansouri, Director-General of the Sheikh Zayed Housing Programme, described the move as a 'qualitative shift' in housing policy that enhances inclusiveness and supports long-term development. This initiative is part of a broader strategy to modernize the housing sector, strengthen public-private partnerships, and ensure all citizens have access to secure and sustainable housing solutions. News Source: Emirates News Agency

Forbes Middle East launches 'Building the Future Summit' in Abu Dhabi
Forbes Middle East launches 'Building the Future Summit' in Abu Dhabi

Al Etihad

time25-05-2025

  • Business
  • Al Etihad

Forbes Middle East launches 'Building the Future Summit' in Abu Dhabi

25 May 2025 15:46 ABU DHABI (WAM)Forbes Middle East is gearing up to launch the first edition of its Building the Future Summit, taking place on May 26-27, 2025, at Berklee Abu summit will bring together an exclusive cohort of real estate leaders, investors, innovators, and architects from across the region and around the in strategic partnership with the UAE Ministry of Energy and Infrastructure—represented by the Sheikh Zayed Housing Programme—and Abu Dhabi's Department of Municipalities and Transport, and in collaboration with One Development, the summit will host a distinguished lineup of speakers, senior government officials,industry leaders and leading investors and summit will spotlight the latest developments shaping the future of energy, urban infrastructure, and real estate, and explore how these advancements are transforming communities and enhancing quality of life. Through in-depth discussions on the integration of smart cities, sustainable urban planning, and advanced infrastructure solutions, the summit will highlight the UAE's leadership as a global hub for innovation and urban will explore the latest innovations in smart cities, digital infrastructure, and sustainable design, with discussions delving into the evolution of modern architecture, where climate-conscious design harmonises with the preservation of cultural identity, alongside the integration of smart programme will also feature interactive workshops that explore a wide range of topics, with a particular emphasis on the role of architecture and interior design in shaping quality of life. Highlights include a hands-on session demonstrating how to translate Salone Milan 2025 design trends into real-world applications, as well as a workshop focused on integrating plants and green spaces into urban developments, hospitality environments, and residential spaces.

Middle East Energy 2025 opens with Battery Show making debut
Middle East Energy 2025 opens with Battery Show making debut

Gulf Today

time06-04-2025

  • Business
  • Gulf Today

Middle East Energy 2025 opens with Battery Show making debut

Middle East Energy (MEE) 2025 opens today (Monday) at the Dubai World Trade Centre (DWTC), ushering in the largest and most ambitious edition in the event's 49-year history. Held under the patronage of the UAE Ministry of Energy and Infrastructure, this year's show will run until April 9 and feature the debut of The Battery Show Middle East. More than 40,000 global energy professionals, including more than 500 key buyers, will descend on DWTC to explore the innovations of 1,600 exhibitors from more than 90 countries. Sixteen halls, including 17 international pavilions, will be packed with solutions spanning the full energy value chain from power generation and storage to clean mobility and smart grid technologies. Saeed Mohammed Al-Tayer, Vice Chairman Dubai Supreme Council of Energy will open the show, which runs for three days, and will lead the high-level plenary of the Middle East Energy Leadership Summit. 'We've built this edition of Middle East Energy to reflect the dynamism, ambition, and transformative potential of the region's energy ecosystem,' said Mark Ring, Group Director, Energy Events at Informa Markets, which organises Middle East Energy. 'With a powerful combination of market-leading innovation, unrivalled networking opportunities, and the debut of The Battery Show Middle East, Middle East Energy 2025 will redefine how we shape the future of energy.' Among Middle East Energy's most anticipated additions for 2025 is the debut of The Battery Show Middle East – the regional edition of one of the world's leading platforms for battery technology and electric mobility. Spanning an entire exhibition hall, the show will host more than 200 exhibitors and feature the inaugural Battery Show Conference. The conference will explore critical issues such as energy storage, electric vehicle infrastructure, supply chain challenges, and smart grid integration for the Middle East and Africa battery market, which is forecast to reach US $9.98 billion by 2029, driven by robust policy shifts, renewable energy integration, and increasing reginal demand for electrification. Complementing the Battery Show Conference, the wider Middle East Energy programme brings together more than 150 thought leaders across a further five conferences: the Middle East Energy Leadership Summit, Technical Seminar powered by IEEE, Intersolar & ees Middle East Conference, Global Innovation Forum, and the Africa Business Leaders Forum. 'We are offering a comprehensive agenda that will empower stakeholders to navigate the rapidly evolving energy landscape,' Ring added. 'Each conference is designed to spark critical conversations, connect industry and academic minds, and explore the innovations reshaping how we generate, distribute, and consume power.' The Riyadh Cables Group, a titanium sponsor of Middle East Energy 2025, will use the show to underscore the critical role that advanced infrastructure plays in enabling future-ready energy solutions. 'Middle Eastern infrastructure projects are reshaping the cable industry, driving demand for innovative, high-performance products,' said Bassam Naes, Group Marketing Director. 'From smart cities and renewable energy developments to advanced data centres, cables are the unseen force powering the region's transformation. As the Middle East continues to grow and modernize, the cable industry must keep pace, developing solutions that meet the unique challenges of the region's ambitious projects. At Middle East Energy 2025 we will be looking to demonstrate how the future of cables in the Middle East is bright, and the opportunities for innovation are vast.' With its record-breaking scale and future-focused agenda, Middle East Energy 2025 promises to be a defining moment for the global energy sector. Over the next three days Dubai will be the epicentre of regional energy innovation as the Middle East and Africa transition toward a more sustainable and interconnected future. Middle East Energy (MEE), set to held under the patronage of the Ministry of Energy and Infrastructure, enjoys a 49-year legacy as a leading global energy industry event. By catering to the entire product spectrum of the power industry, from critical and backup power to energy storage and management, year after year, the event attracts a more diverse audience of professionals seeking to source products from multiple sectors, drive cost-effectiveness and efficiency, and move projects forward. MEE has been an essential part of the Middle East's economic expansion, connecting business and introducing new products to the region to build infrastructure, real estate, and commerce. MEE is now helping governments, organisations and SME's diversify the generation and supply of energy and build a sustainable future. Among Middle East Energy's most anticipated additions for 2025 is the debut of The Battery Show Middle East – the regional edition of one of the world's leading platforms for battery technology and electric mobility. Spanning an entire exhibition hall.

UAE reaffirms commitment to global energy transition at BRICS meeting
UAE reaffirms commitment to global energy transition at BRICS meeting

Al Etihad

time31-03-2025

  • Business
  • Al Etihad

UAE reaffirms commitment to global energy transition at BRICS meeting

31 Mar 2025 11:02 BRASÍLIA (WAM)The United Arab Emirates has reaffirmed its commitment to advancing the global energy transition and strengthening international cooperation to ensure energy security, underscoring its position as a reliable strategic partner in this vital pledge came during the participation of the UAE Ministry of Energy and Infrastructure in the Second Meeting of BRICS Committee of Senior Energy Officials, held in Brasília, with the presence of high-level representatives from member meeting focused on achieving a balance between energy security and sustainable development, while promoting a shift towards a low-carbon highlighted the UAE's pioneering role in ensuring global energy supply security and its leading position in energy transition, hydrogen, and its UAE Ministry of Energy and Infrastructure presented the country's accomplishments in the energy sector, including global leadership in universal access to electricity and clean cooking fuels, investments in renewable and clean energy projects, and improved energy efficiency. These achievements reflect the UAE's dedication to fulfilling the United Nations Sustainable Development Goal 7. The meeting also stressed the importance of implementing the outcomes of the historic "UAE Consensus" reached at COP28, which aims to triple global renewable energy capacity and double energy efficiency by 2030 – objectives that align with the BRICS vision for a sustainable, clean-energy future.

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