Dubai on track in deal with UK monorail firm

Dubai on track in deal with UK monorail firm
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Updated 27 March 2020

Dubai on track in deal with UK monorail firm

Dubai on track in deal with UK monorail firm
  • Cross between traditional system and cable car will carry pods of four people high above road network

LONDON: Dubai has enlisted the help of a UK company in a bid to modernize the emirate’s transport system by building a monorail.  

The company, BeemCar, creates alternatives to traditional modes of transport, with an emphasis on being environmentally friendly. 

The proposed system, which will be a cross between a traditional monorail and a cable car, will transport “pods” of four people to and from their destinations, suspended high above Dubai’s busy road network, according to a newspaper report. 

The emirate hopes that the system will help ease congestion and facilitate its plans to have driverless technology transport a quarter of its population by 2030. 

The agreement with BeemCar was backed by the UK government, which sees the Gulf region as a potential business partner as the country looks to its future outside the EU. UK Transport Minister Chris Heaton-Harris was present at the signing of the agreement between BeemCar and the emirate.

Dubai, Abu Dhabi and Saudi Arabia have all become bywords for radical technological advancement in recent years.

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Dubai hopes the proposed monorail will help facilitate its plans to have driverless technology for a quarter of its population by 2030.

Dubai and Abu Dhabi have already revealed plans to work with Los Angeles-based company Virgin Hyperloop One to link the two emirates via a hyperloop train network that would theoretically see people travel the 140-km distance in 12 minutes, reaching top speeds of up to 1,000 km per hour using vacuum technology.

The UAE’s space program is based in Dubai, which is set to launch a space probe to Mars this year. 

Meanwhile, Abu Dhabi is constructing Masdar City, a vast development centered on moving the emirate away from oil dependence, being both car-free and relying chiefly on solar electricity for power.

Saudi Arabia signed a deal with Virgin Hyperloop One in 2019 to build a 56-km test track and research facility north of Jeddah, with a view to building a network in the Kingdom in the future. 

At the time, Virgin said that if successful, a hyperloop could reduce the travel time from Jeddah to Riyadh from 10 hours to 76 minutes.

The Kingdom is also building a technologically visionary megacity, the Red Sea-based Neom in the northwest of the country, on the borders with Jordan and Egypt.


UK economy shrinks by 2.6% in November, first drop since April

UK economy shrinks by 2.6% in November, first drop since April
Updated 15 January 2021

UK economy shrinks by 2.6% in November, first drop since April

UK economy shrinks by 2.6% in November, first drop since April
  • The fall in gross domestic product much lower than the average forecast for a 5.7 percent drop

LONDON: Britain’s economy shrank by 2.6 percent in November, the first monthly fall in output since the depths of an initial COVID lockdown in April, as new restrictions were imposed on much of the country to slow the spread of the disease.
The fall in gross domestic product reported by the Office for National Statistics was much lower than the average forecast for a 5.7 percent drop in a Reuters poll of economists.
The Bank of England estimates Britain’s economy shrank by just over 1 percent over the final three months of 2020, and with a new lockdown in place since January the country is likely to have fallen into a double-dip recession.
The BoE ramped up its bond-buying program to almost 900 billion pounds in November and Governor Andrew Bailey said this week that it was too soon to say if further stimulus would be needed.