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Dubai's Executive Council has sanctioned a series of strategic projects totaling over Dh11 billion. These projects encompass an extension of the Dubai Metro Route 2020 to Al Maktoum International Airport City, which is set to commence in 2031. Crown Prince and Deputy Prime Minister Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum revealed these decisions at a meeting of the Dubai Executive Council during the UAE Government Annual Meetings.
The Metropolitan extension aims to bolster Dubai's public transportation system. Sheikh Hamdan underscored the robust and resilient nature of Dubai's real estate market, reaffirming the government's commitment to its growth through private sector partnerships. The council also endorsed a study on Dubai's real estate future, emphasizing the sector's strength.
Additionally, the council deliberated on the investment policy for funds belonging to minors and endowments, directing efforts towards diversifying investments and optimizing returns for long-term sustainability. These initiatives align with Sheikh Mohammed bin Rashid Al Maktoum's vision for enhancing the quality of life and global competitiveness of Dubai.
Written by urgent.news from Gulf News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Dubai Metro to extend to Al Maktoum International Airport City by 2031 gulfnews.com
- Dubai Metro to extend to Al Maktoum International Airport City by 2031 constructionweekonline.com
