RTA announced the $102 million road project

Dubai's Roads and Transport Authority (RTA) announced the $102 million road project aimed to make commutes easier

It reduces travel time:

• To Sharjah route from 20 to 12 mins
• To Jebel Ali Port route from 21 to 7 mins

The scheme will include 4 bridges with capability of 17,600 vehicles per hour.

Earlier RTA announced the Phase 4 of its Al Shindagha Corridor Improvement Project

Brokerage companies at the Dubai Financial Market (DFM) added ~27,000 new investor accounts in the 1st 5 months of 2023.

It increased 48% compared to the same period in 2022.

Ras Al Khaimah Economic Zone (RAKEZ) welcomed 1,500+ new companies in Q2 2023

Rise by 132% compared to the same period in 2022.

An increase of the number of companies by sectors:

• General Trading and Commercial – 650
• Services – 600+
• E-commerce – 170+
• Media – 100+