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Dubai gets two bridges to boost connectivity in Shindagha corridor

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Two major bridges and a tunnel spanning a total of over 2.3km have opened in Dubai’s Shindagha corridor. The road projects — which are part of the Falcon Interchange Improvement Project located ‎ between Al Khaleej Street, Khalid Bin Al Waleed Road and Al Ghubaiba Road — have a capacity of 27,200 vehicles per hour.

The Roads and Transport Authority (RTA) said the two bridges are connected by the Infinity Bridge and Al Shindagha Tunnel from the northern side. They will eventually link up with the bridges that the RTA is currently constructing at the junction of Sheikh Rashid Road and Sheikh Khalifa bin Zayed Street from the southern side.

“The Falcon Interchange Improvement Project is a segment of the 13km-long Al Shindagha Corridor Improvement Project, spanning Sheikh Rashid Road, Al Mina Street, Al Khaleej Street, and Cairo Street,” said Mattar Al Tayer, director-General and chairman of the Board of Executive Directors of the RTA.

“The improvement of the Falcon Interchange enables a smooth traffic flow along Al Shindagha corridor (Al Khaleej and Al Mina Street), besides increasing the capacity, efficiency, and traffic safety of these two roads. It also offers entry and exit points to Mina Rashid (Port Rashid), and additional parking spaces beneath the new bridge to serve the area.”

The two main bridges on Al Khaleej Street extend 1,825 metres, with each having ‎ six lanes. They have a total capacity of 12,000 vehicles per hour in both directions.

 

The first bridge measures 750 metres, while the second extends 1,075 metres in the southern direction. These bridges are linked to the new Infinity Bridge and Al Shindagha Tunnel from Deira side as well as the improved junctions on the Sheikh Rashid Road.

A two-lane tunnel has been opened for left turns from Khalid Bin Al Waleed Road to Al Mina Street. This tunnel stretches 500 metres and accommodates up to 3,200 vehicles per hour,
explained Al Tayer.

Al Shindagha Corridor Improvement Project is one of the largest projects currently being undertaken by the RTA with a total estimated cost of Dh5.3 billion. It encompasses the construction of 15 junctions spanning 13km in total. Due to its massive scope, the project had been split into five phases.

The corridor serves Deira and Bur Dubai in addition to several development projects such as Deira Islands, Dubai Seafront, Dubai Maritime City and Mina Rashid. It is expected to serve about one million people. It will reduce ‎the travel time from 104 minutes to just 16 by 2030, and the time saved over 20 years will be worth about Dh45 billion.

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Small businesses in the UAE now have tax relief until 2029

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Small businesses in the UAE with annual revenues of up to Dh3 million will continue to be eligible for Small Business Relief under the corporate tax regime until the end of 2029.

The Ministry of Finance said on Friday that Ministerial Decision No. 131 extends the period during which eligible businesses can benefit from Small Business Relief to cover tax periods ending on or before December 31, 2029.

The relief was introduced to help reduce the corporate tax compliance burden for smaller businesses and start-ups that meet the eligibility requirements.

Dh3 million threshold remains unchanged

The existing annual revenue threshold of Dh3 million, set under Ministerial Decision No. 73 of 2023, will continue to apply.

The relief applies to tax periods beginning on or after June 1, 2023 and, following the latest amendment, will remain available for subsequent tax periods ending on or before December 31, 2029.

Eligible taxable persons with annual revenue of up to Dh3 million can claim Small Business Relief, subject to meeting the conditions and requirements outlined in the corporate tax legislation.

The relief enables qualifying businesses to benefit from simplified corporate tax compliance requirements.

More time for small businesses

The extension provides eligible small businesses and start-ups with additional tax periods to benefit from the relief while continuing to meet the Dh3 million revenue threshold.

The Ministry said the decision is part of its efforts to support smaller companies and entrepreneurs, strengthen the business environment, and encourage sustainable growth and expansion.

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UAE public holiday announced: 3-day weekend coming up on August 28

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Planning your next long weekend? The UAE has confirmed Friday, August 28, as a public holiday for employees in both the public and private sectors.

The holiday commemorates Prophet Muhammad’s (PBUH) birthday, an occasion included among the UAE’s official public holidays. As the date follows the Islamic calendar, the timing changes from year to year.

A three-day break for many residents

With the holiday falling on a Friday, employees who follow a Monday-to-Friday working week can enjoy three days off:

  • Friday, August 28: Public holiday
  • Saturday, August 29: Weekend
  • Sunday, August 30: Weekend

That means residents can make the most of the break with a short trip, a staycation or a relaxed weekend at home.

Another UAE holiday is coming

The next major public holiday on the UAE calendar will be Eid Al Etihad, with celebrations and the official holiday scheduled for December 2 and 3.

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What the UAE’s new vape excise price means for consumers and retailers

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The UAE Ministry of Finance has introduced a new rule that sets a minimum excise price for liquids used in electronic smoking devices.

Beginning September 1, vaping liquids will be subject to a minimum excise price of AED 1 per millilitre.

The ministry confirmed that the existing minimum excise prices for cigarettes, water pipe tobacco (shisha), and other tobacco products will remain unchanged.

According to the ministry, the decision aims to improve tax compliance, respond to developments in the tobacco and vaping industry, and create a more consistent pricing framework across tobacco and electronic smoking products.

The UAE will also continue applying its 100% excise tax on all tobacco products covered under the country’s excise tax regulations.

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