{
  "id": 14248660,
  "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",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-13T17:06:26.000Z",
  "source": {
    "name": "The National UAE",
    "slug": "the-national-uae",
    "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 massive Dh2.1 trillion worth of ongoing projects across the emirate. These initiatives span housing, transportation, aviation, and infrastructure development. Addressing the Mohammed bin Rashid Leadership Forum at Dubai World Trade Centre, Sheikh Mohammed unveiled that Dubai is constructing “a city within a city,” with more announcements on the horizon. Over 1,000 government and private sector leaders, experts, decision-makers, and academics gathered for the annual forum. The emirate is currently focused on investing in housing, transportation, and infrastructure to set the stage for future economic expansion. Sheikh Mohammed highlighted that cities that desire progress must act before others and emphasized the need for leaders who can transform ideas into reality. Significant allocations include Dh1.1 trillion for real estate development by 2030, which will result in approximately 350,000 residential units. Aviation investments are substantial as well, with Dh128 billion earmarked for Al Maktoum International Airport, designed to accommodate up to 260 million passengers annually, Dh328 billion for expanding the Emirates and flydubai fleets, and Dh18.7 billion for a new Emirates engineering and maintenance facility. Infrastructure spending is also extensive, with Dh100 billion allocated for road improvements, Dh151 billion for the Dubai Metro Blue and Gold lines, Dh80 billion for the Dubai Strategic Sewerage Tunnels system, and Dh151 billion for new power and water grid infrastructure. An additional Dh100 billion is set aside for the development of 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 Business",
        "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",
        "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."
}