{
  "id": 14248056,
  "title": "Sheikh Mohammed bin Rashid announces Dh2.1 trillion of projects under way in Dubai",
  "url": "https://urgent.news/2026/10/13/sheikh-mohammed-bin-rashid-announces-dh2-1-trillion-of-projects-under",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-13T17:06:26.000Z",
  "source": {
    "name": "The National Business",
    "slug": "the-national-business",
    "url": "https://www.thenationalnews.com/news/uae/2026/10/13/sheikh-mohammed-bin-rashid-announces-dh21-trillion-of-projects-under-way-in-dubai/"
  },
  "original_language": "en",
  "account": "Sheikh Mohammed bin Rashid, the Vice President and Ruler of Dubai, has unveiled a Dh2.1 trillion portfolio of ongoing projects across housing, transport, aviation and infrastructure in the emirate. Speaking at the Mohammed bin Rashid Leadership Forum held at Dubai World Trade Centre, Sheikh Mohammed highlighted the city's ambitious plans to \"build a city within a city\" as more projects are set to be announced.\n\nThe annual forum convened over 1,000 government and private sector leaders, experts, decision-makers, and academics. Sheikh Mohammed emphasized that Dubai's momentum is continuous, and its achievements are ongoing, making it an ideal time for investment in the city's infrastructure. The emirate is heavily investing in housing, transport, and infrastructure to prepare for a new phase of economic growth.\n\nThe projects span various sectors, with Dh1.1 trillion earmarked for real estate development by 2030, encompassing approximately 350,000 residential units. Aviation investment is significant, with Dh128 billion allocated to Al Maktoum International Airport, designed to accommodate up to 260 million passengers per year. Additional funds of Dh328 billion are set aside to expand the Emirates and flydubai fleets, and Dh18.7 billion is dedicated to a new Emirates engineering and maintenance complex.\n\nInfrastructure spending is substantial, including Dh100 billion for road upgrades, Dh151 billion for the Dubai Metro's Blue and Gold lines, Dh80 billion for the Dubai Strategic Sewerage Tunnels system, and Dh151 billion for new power and water grid infrastructure. A further Dh100 billion is allocated to develop Phase 2 of the Dubai International Financial Centre.",
  "summary": "Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has announced a Dh2.1 trillion portfolio of active projects in the emirate that cover housing, transport, aviation and infrastructure. Speaking at the Mohammed bin Rashid Leadership Forum at Dubai World Trade Centre, Sheikh Mohammed said the emirate was “building a city within a city” with further projects set to be announced. The…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Arabian Post",
        "title": "Sheikh Mohammed bin Khalid investment arm backs COFE Tech",
        "url": "https://urgent.news/2026/10/13/sheikh-mohammed-bin-khalid-investment-arm-backs-cofe-tech",
        "published": "2026-10-13T09:25:33.000Z"
      },
      {
        "outlet": "The National UAE",
        "title": "Sheikh Mohammed bin Rashid announces Dh2.1 trillion of projects under way in Dubai",
        "url": "https://urgent.news/2026/10/13/sheikh-mohammed-bin-rashid-announces-dh2-1-trillion-of-projects-under-14248660",
        "published": "2026-10-13T17:06:26.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}