The final bridge being constructed as part of the Sheikh Rashid Road and Al Mina Street junction development project was inaugurated today, completing all phases of Al Shindagha Corridor Development Project in Bur Dubai.
This means the traffic will now flow uninterrupted from Al Garhoud Bridge to Port Rashid through Infinity Bridge and extending to the Waterfront Market.
The bridge was opened by Dubai's Roads and Transport Authority on Sunday, state news agency Wam reported.
The overall project has cut traffic along Al Shindagha corridor, reducing travel times from 80 minutes to 12 minutes. The journey from Jumeirah Street to Infinity Bridge now takes five minutes, while travelling from Infinity Bridge to Al Mina Street and Al Wasl Road at the 2nd December Street junction also takes five minutes, the RTA said.
Spanning 13km, the corridor benefits one million residents and major developments, including Dubai Islands, Dubai Waterfront and Port Rashid.
The project, covering Sheikh Rashid Road, Al Mina Street, Al Khaleej Street and Cairo Street, covers 15 junctions, 18km of bridges and tunnels, and can handle an increase of 6,400 to 24,000 vehicles an hour. Journey times has been reduced from 104 minutes to 16 minutes. Officials estimate and economic benefit of Dh45 billion ($12.25 billion) over 20 years.
The final bridge at the Sheikh Rashid Road and Al Mina Street intersection can accommodate 19,400 vehicles an hour. Two pedestrian bridges are included in the plan.
The Falcon Intersection, at Khalid bin Al Waleed Road and Al Mina Street, consists of three bridges and a tunnel that can accommodate 28,800 vehicles an hour. Major bridges along Al Khaleej Street and a tunnel for left-turn traffic from Khalid bin Al Waleed Road to Al Mina Street are included in the project.
The Infinity Bridge spans 295 metres and provides 12 lanes with a capacity of 24,000 vehicles an hour. It also features a three-metre-wide cycling track and a 75-metre-wide navigation channel for safe vessel passage.
The double-deck route extends from Infinity Bridge to Deira along Al Corniche Street, offering six lanes in each direction. The route connects to Al Khaleej Street and integrates surface roads with signalised intersections.
Five bridges have been constructed to provide direct access to Dubai Islands, with a total capacity of 20,700 vehicles an hour.
Currently 30 per cent complete, the 1,650-metre tunnel will connect Infinity Bridge in Deira to Al Khaleej Street and Cairo Street, providing three lanes in each direction with a capacity of 12,000 vehicles an hour.
The RTA has launched a project to provide direct access to Dubai Islands from Bur Dubai. The new bridge will span 1,425 metres over Dubai Creek, with four lanes in each direction, a pedestrian and cycling path, and a 75-metre-wide navigation channel to allow vessels to pass.
Bracing for the future
The authority is leading a comprehensive road-building strategy to help ensure Dubai's infrastructure can keep pace with continued population growth. Dubai's population passed 3.5 million in 2022 and now stands at more than 3.9 million.
Dubai Government is set to invest heavily in infrastructure in the years ahead as it sets its sights on growing its population to 5.8 million by 2040.
In October, Dubai unveiled its largest government budget for 2025-2027, with spending of Dh272 billion.
In 2025, expenditure is set at Dh86.26 billion, with 46 per cent to be spent on infrastructure, including roads, bridges, transport systems and renewable energy centres, as well as Al Maktoum Airport development.
In January, a 300-metre bridge connecting Sheikh Zayed Road to the Mall of the Emirates was opened to ease traffic levels in one of the busiest districts of the emirate. The bridge provides direct access to the mall and aims to cut travel times in half, the RTA said at the time.
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The five pillars of Islam
1. Fasting
2. Prayer
3. Hajj
4. Shahada
5. Zakat
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
GIANT REVIEW
Starring: Amir El-Masry, Pierce Brosnan
Director: Athale
Rating: 4/5
TUESDAY'S ORDER OF PLAY
Centre Court
Starting at 2pm:
Elina Svitolina (UKR) [3] v Jennifer Brady (USA)
Anastasia Pavlyuchenkova (RUS) v Belinda Bencic (SUI [4]
Not before 7pm:
Sofia Kenin (USA) [5] v Elena Rybakina (KAZ)
Maria Sakkari (GRE) v Aryna Sabalenka (BLR) [7]
Court One
Starting at midday:
Karolina Muchova (CZE) v Katerina Siniakova (CZE)
Kristina Mladenovic (FRA) v Aliaksandra Sasnovich (BLR)
Veronika Kudermetova (RUS) v Dayana Yastermska (UKR)
Petra Martic (CRO) [8] v Su-Wei Hsieh (TPE)
Sorana Cirstea (ROU) v Anett Kontaveit (EST)
What is graphene?
Graphene is extracted from graphite and is made up of pure carbon.
It is 200 times more resistant than steel and five times lighter than aluminum.
It conducts electricity better than any other material at room temperature.
It is thought that graphene could boost the useful life of batteries by 10 per cent.
Graphene can also detect cancer cells in the early stages of the disease.
The material was first discovered when Andre Geim and Konstantin Novoselov were 'playing' with graphite at the University of Manchester in 2004.
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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List of UAE medal winners
Gold
Faisal Al Ketbi (Open weight and 94kg)
Talib Al Kirbi (69kg)
Omar Al Fadhli (56kg)
Silver
Zayed Al Kaabi (94kg)
Khalfan Belhol (85kg)
Zayed Al Mansoori (62kg)
Mouza Al Shamsi (49kg women)
Bronze
Yahia Mansour Al Hammadi (Open and 94kg)
Saood Al Hammadi (77kg)
Said Al Mazroui (62kg)
Obaid Al Nuaimi (56kg)
Bashayer Al Matrooshi (62kg women)
Reem Abdulkareem (45kg women)
Test squad: Azhar Ali (captain), Abid Ali, Asad Shafiq, Babar Azam, Haris Sohail, Imam-ul-Haq, Imran Khan, Iftikhar Ahmed, Kashif Bhatti, Mohammad Abbas, Mohammad Rizwan(wicketkeeper), Musa Khan, Naseem Shah, Shaheen Afridi, Shan Masood, Yasir Shah
Twenty20 squad: Babar Azam (captain), Asif Ali, Fakhar Zaman, Haris Sohail, Iftikhar Ahmed, Imad Wasim, Imam-ul-Haq, Khushdil Shah, Mohammad Amir, Mohammad Hasnain, Mohammad Irfan, Mohammad Rizwan (wicketkeeper), Musa Khan, Shadab Khan, Usman Qadir, Wahab Riaz
Scores:
Day 4
England 290 & 346
Sri Lanka 336 & 226-7 (target 301)
Sri Lanka require another 75 runs with three wickets remaining
A State of Passion
Directors: Carol Mansour and Muna Khalidi
Stars: Dr Ghassan Abu-Sittah
Rating: 4/5
