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Dubai’s Sheikh Mohammed launches UAE rail freight operations

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Abu Dhabi: Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, launched the cargo train operations of the national rail network from its operations control centre in Al Fayah region, Abu Dhabi, on Friday.

Praising the efforts of those involved, Sheikh Mohammed said “connecting the Emirates via a national railway network strengthens our capabilities and competitiveness, and consolidates our unity,” he said.

Sheikh Theyab bin Mohamed Al Nahyan, member of the Abu Dhabi Executive Council and chairman of Etihad Rail, said: “Emirati talents, with the support of the UAE leadership, have turned the dream of our founding fathers into reality. We succeeded in launching a railway network with international specifications that extends to about 900 kilometres across the Emirates. We announce the inauguration operation of the freight trains throughout the UAE with a fleet of 38 locomotives and more than 1,000 wagons capable of transporting all types of goods.”

He pointed out that the completion of the network according to the schedule and the approved budget would not have been possible without the cohesion of the talented Emirati cadres.

The network contributes to supporting companies’ businesses and enhancing investment opportunities. The main line of the UAE National Rail Network extends from Ghuweifat on the border of the Kingdom of Saudi Arabia, to Fujairah, forming an essential part of the global supply network.

The stage one of the Network has been fully operational since January 2016, where the stage two of the project started in early 2020.

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, opens the UAE’s freight train network, the latest stage of Etihad Rail, the country’s mega national network project. WAM

 

The UAE national railway network will contribute to supporting the national economy at a value of AED200 billion, and saving AED8 billion in the cost of road maintenance. The network’s tourism benefits are estimated at AED23 billion.

The project has contributed to supporting the local industry by assigning 215 companies and local entities. also, 70 percent of the building materials used in the project are produced by the local industry.

The project also supports the UAE’s sustainable development goals and contributes to achieving the UAE Net Zero by 2050, through reducing carbon emissions in the road transport sector by 21 percent, and reducing road transportation emissions per capita by 40 percent, by 2050.

The project has enlisted 11 contractors, 25 consultants, and 28,000 specialists. It took 133 million working hours to complete, and 40,000 approvals from 180 government agencies.

More than 1,000 operational documents have been produced, including instructions, handbooks, guidelines, policies, operating procedures, agreements, and others.

The UAE national railway network passes through a variety of geographical terrains, within a large-scale engineering plan that includes the construction of 593 bridges and crossings of all types, and 9 tunnels with a length of 6.5 km. It took 120 million cubic metres of excavation work to complete, to ensure the highest levels of vehicular traffic flow under the tracks of the railway network.

The fleet of the most modern freight trains in the region includes 38 locomotives, with a capacity of 60 million tonnes of goods annually, and more than 1,000 multi-purpose vehicles.

Each goods transport’s locomotive operates with a power of 4,500 horsepower, equivalent to 3,400 kilowatts. It is one of the most powerful freight train engines in the Middle East.

The freight trains will run up to 120 km/h. The standard width of the rail is 1,435 metres, and it operates under the European ETCS level 2 signalling system. It has been specially designed to withstand the geographical nature, climatic conditions, high temperatures and humidity in the GCC region, to ensure high levels of performance, efficiency and sustainability.

The freight trains will connect four major ports. It will include seven logistics centres across the country, to serve trains and related businesses.

Business

UAE denies claims of restrictions on investor funds, reaffirms open economy policy

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The UAE has firmly dismissed reports circulating on social media that suggest restrictions on investor funds, calling the claims inaccurate and misleading.

Officials clarified that there are no limits on the movement of capital or on foreign investors’ ability to manage and transfer their money. Authorities stressed that the country remains committed to maintaining an open, business-friendly environment aligned with international standards.

Commitment to investor confidence

The Ministry of Economy and Tourism reiterated that the UAE continues to support the free flow of capital, a key pillar in attracting global investment and ensuring long-term economic stability.

Officials emphasised that policies remain unchanged, reinforcing the country’s reputation as a reliable and transparent destination for businesses and investors.

Dubai reaffirms its position

In a statement shared on X, the Dubai Media Office also rejected the circulating claims, describing them as false. It highlighted that Dubai continues to stand as a leading global hub for business and investment, supported by a strong and resilient economy.

Call for accurate information

Authorities have urged the public and media outlets to rely on official sources when seeking information, warning against the spread of unverified claims online.

The clarification comes as the UAE contåinues to strengthen its position as a global financial and investment centre, built on openness, stability, and investor confidence.

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How UAE’s new banking plan will support businesses and individuals

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The Central Bank of the UAE has rolled out a new financial support package designed to keep banks strong and ensure they continue supporting and safeguarding the broader economy amid global and regional uncertainty.

The package was endorsed during a high-level board meeting chaired by Sheikh Mansour bin Zayed Al Nahyan, underscoring the UAE leadership’s proactive approach to maintaining economic stability.

Built around five key pillars, the initiative is designed to provide banks with greater liquidity, enhanced flexibility, and temporary regulatory relief, ensuring they can continue to support businesses and individuals during uncertain times.

Under the new measures, banks will gain expanded access to liquidity, including the ability to utilise reserve balances and secure term funding in both dirhams and US dollars. This step is expected to keep credit flowing across key sectors of the economy.

The Central Bank has also introduced temporary easing of liquidity and funding requirements, giving financial institutions more room to continue lending. Capital buffer requirements will be relaxed as well, allowing banks to deploy excess capital to support economic activity.

Additionally, new provisions will offer greater flexibility in managing credit risk, including delaying the classification of certain loans affected by current market conditions—providing relief to borrowers facing temporary challenges.

Authorities emphasised that banks are expected to maintain lending and continue supporting customers as part of the UAE’s broader economic response strategy.

Despite global pressures, the UAE’s financial system has shown strong resilience. During its meeting, the Board confirmed that current market conditions have had no significant impact on the health of the banking sector or the efficiency of payment systems.

The Central Bank also highlighted the country’s robust financial position, with foreign exchange reserves exceeding AED 1 trillion and a strong monetary base. The UAE’s banking sector, valued at over AED 5.4 trillion, continues to demonstrate solid fundamentals.

With liquidity levels remaining high and reserves strong, the CBUAE reaffirmed its readiness to take further action if needed to protect financial stability and sustain economic growth.

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Explained: Dubai’s new law on administrative violations, fines and penalties

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Dubai has introduced a new legal framework governing administrative violations, penalties, and enforcement measures across government entities.

Issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Law No. (6) of 2026 aims to make enforcement fairer, more transparent, and consistent across the emirate.

Here’s a simple breakdown of what the law means.

What is the purpose of the law?
The law creates a unified framework for handling administrative violations and penalties across Dubai government entities. It is designed to ensure enforcement actions respect fairness, transparency, accountability, and legality while protecting public services and community interests.

How are violations classified?
Administrative violations must now be clearly defined by the competent authority and are classified into three categories:

  • Minor violations
  • Moderate violations
  • Serious violations

This classification helps authorities apply appropriate penalties based on the severity of the offence.

What penalties can authorities impose?
Government entities may apply several administrative measures depending on the violation, including:

  • Warnings to correct the issue
  • Temporary closure of a business (up to six months)
  • Permanent closure of an establishment
  • Cancellation or modification of licences or permits
  • Suspension of projects, activities, or transactions

How will fairness be ensured?
The law requires penalties to be proportionate to the violation and consider factors such as:

  • Whether the violation was intentional or accidental
  • Repeated violations
  • Damage caused
  • Whether the offender took steps to fix the issue early

What are the procedures before penalties are announced?
Authorities must follow strict procedures before publishing violations:

  • Approval from the Director General of the government entity
  • Coordination with the Government of Dubai Media Office for public announcements

When does the law take effect?
The law comes into force immediately after publication in the Official Gazette. Any conflicting provisions in previous laws will be cancelled.
Officials say the law will help standardise enforcement practices across Dubai, prevent misuse of authority, and increase compliance with regulations, ultimately improving governance and protecting public interests.

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