One of the UAE's most famous areas is in line for a major overhaul with plans announced for a Dh112 million project to rebuild the walls along Dubai Creek.
The walls along the Deira side of the creek will be rebuilt to improve safety for docking of ships, Dubai Municipality announced on Sunday afternoon.
The project aims to ensure the walls of the creek are in good condition by upgrading the dock, reconstructing sections that have been damaged, and preventing potential flooding during severe weather.
The project is set to be carried out in two phases, and the first phase includes the restoration of a 2.1km stretch along the Deira side. The second phase will cover a 2.3km length on the Bur Dubai side of the creek.
"The project is set to improve security and safety measures for maritime traffic and commercial operations within Dubai Creek," said Dawoud Al Hajri, director general of Dubai Municipality.
"As a significant symbol of the city’s growth, Dubai Creek serves as a vibrant artery at the heart of Dubai."
The project is set to be completed in 14 months and includes the restoration of the 2.1km Deira pier, which involves the replacement and the refurbishment of damaged sections of the concrete wall, reaching a depth of 8m and increasing its height to 3m.
This is aimed at ensuring that ship can dock safely in the area.
"Facilitating the passage of over 13,000 ships annually, it plays a key role in fostering the economic and social prosperity of the emirate," said Mr Al Harj.
“We have implemented several measures to mitigate the risks posed by climate change and rising sea levels, closely monitoring changes on both sides of the creek.
"Furthermore, we have conducted technical studies to devise construction designs that can enhance the efficiency of the marine docks on both banks."
Mr Al Harj said the designs adhered to the highest global standards, ensuring the preservation of the supporting walls’ stability and safeguarding against increased flooding during bad weather conditions.
Through this project, he said Dubai Municipality aims to improve services and facilities for safe docking and navigation, which will be ensured through the provision of 200 anchors across the dock.
UAE currency: the story behind the money in your pockets
Indoor cricket World Cup:
Insportz, Dubai, September 16-23
UAE fixtures:
Men
Saturday, September 16 – 1.45pm, v New Zealand
Sunday, September 17 – 10.30am, v Australia; 3.45pm, v South Africa
Monday, September 18 – 2pm, v England; 7.15pm, v India
Tuesday, September 19 – 12.15pm, v Singapore; 5.30pm, v Sri Lanka
Thursday, September 21 – 2pm v Malaysia
Friday, September 22 – 3.30pm, semi-final
Saturday, September 23 – 3pm, grand final
Women
Saturday, September 16 – 5.15pm, v Australia
Sunday, September 17 – 2pm, v South Africa; 7.15pm, v New Zealand
Monday, September 18 – 5.30pm, v England
Tuesday, September 19 – 10.30am, v New Zealand; 3.45pm, v South Africa
Thursday, September 21 – 12.15pm, v Australia
Friday, September 22 – 1.30pm, semi-final
Saturday, September 23 – 1pm, grand final
The biog
Favourite Emirati dish: Fish machboos
Favourite spice: Cumin
Family: mother, three sisters, three brothers and a two-year-old daughter
Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
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
Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
Bloomberg
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The five pillars of Islam
1. Fasting
2. Prayer
3. Hajj
4. Shahada
5. Zakat
