Sheikh Hamdan and Elon Musk Announce the Dubai Loop Project The partnership aims to revolutionize transportation in Dubai.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

H.H. Sheikh Hamdan - X account

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, has announced a collaboration with Elon Musk on the new underground Dubai Loop project.

The partnership, which was announced at the World Governments Summit in Dubai, aims to revolutionize transportation in the city.

Under an MoU signed between RTA and The Boring Company, Dubai will explore the development of the 17-kilometre project. With 11 stations and a capacity to transport over 20,000 passengers per hour, the project reflects Dubai's commitment to advancing new cutting-edge mobility solutions.

The Dubai Loop is set to cover the city's most populated areas and help transport people underground in a seamless manner, said H.E Omar Sultan AlOlama, the UAE's Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications.

Al Olama was speaking with Musk via video link, at the summit.

"It's going to be like a wormhole, you will wormhole from one part of the city and then, boom, you are out on another part of the city," said Musk.

Business News

How to Write a Business Plan

Learn the essential elements of writing a business plan, including advice and resources for how to write and conduct each section of your business plan.

Marketing

April 21 Is Your Last Chance for Mobile Optimization Before 'Mobilegeddon'

The search giant is currently working on a major algorithm change that will revolutionize the way mobile friendliness is determined.

Leadership

Revolutionizing Proptech: Haider Ali Khan, CEO of Bayut and dubizzle, and CEO of Dubizzle Group MENA

Born from a mission to redefine real estate through technology, Bayut sparked a movement that evolved into the global proptech and classifieds leader, Dubizzle group — and today, we go back to understanding the homegrown powerhouse that started it all.

Marketing

The Quickest Way to Deliver Your Message? Make It Visual.

Infographics, dashboards and mobile apps provide a direct avenue to our brains. Use them to your advantage.

Starting a Business

College Startup Offers a Creative Approach to Banish Boring Presentations

Instead of boring slides with bullet points and clip art, Big Fish creates presentations that tell stories and resonate emotionally with viewers.

News and Trends

International Fashion Brand Maison D'AngelAnn Secures US$2 Million Investment From A Private Family Office In The UAE

The newest round of funds follows Maison D'AngelAnn's $7 million investment in November 2020 from The Gate Business Services, a UAE-based investment and real estate consultancy, which also saw it also acquire a majority stake in the business.