Abu Dubai - light rail in 7 years

Categories: Development, Urban Design

The National reported that a light rail network will be up and running in Abu Dhabi within 7 years, supported by a fast rail link between the capital and Dubai.Mr Falah Al Ahbabi GM of Urban Planning Council said that a predicted growth of population in the capital to more than 3 million meant could not be sustained on private cars alone, and that the city would have its own metro by 2015. He added that "We know the urgency of this ... Read More

Soaring costs risk contrators exiting UAE - ArabianBusiness.com

Categories: Business, Development

Soaring construction costs could force contracting companies to abandon the UAE, a leading Abu Dhabi business figure warned on Wednesday.Khalfan Al-Kaabi, construction committee head at Abu Dhabi Chamber of Commerce and Industry, said contractors had been severely hit by a surge in prices of cement and other building materials, UAE daily Emirates Business 24/7 reported on Thursday.The UAE’s economic boom had sharply increased construction expenses, hitting contracting companies hard and further increases “could push them out of the country”, Al-Kaabi said.Story continues ... Read More