Latest news with #BusinessBay
Khaleej Times
2 days ago
- Business
- Khaleej Times
Knowledge-sharing session held on marketplace insights and data-driven growth for the UAE electronics industry
The Electronics Group (TEG), a focused group under the aegis of Dubai Chambers, successfully hosted its flagship TEG mega event under the theme 'Marketplace insights and data-driven growth for UAE electronics industry' at the Taj Hotel, Business Bay. The event began with a keynote address by Paras Shahdadpuri, chairman of TEG and chairman of Nikai Group of Companies. He emphasised TEG's mission to unite the electronics industry and promote collective growth. Shahdadpuri also spoke about the rising influence of e-commerce in the region, referencing recent trends published in Khaleej Times, and underscored the need for data-driven leadership in the digital age as against the old time entrepreneur intuition. During the market intelligence session, Nilesh Khalkho, board member of TEG and CEO of Sharaf DG, welcomed insights of partner NielsenIQ. The firm presented data-backed trends that are reshaping the evolving marketplace within the UAE's Tech and Durables market, offering valuable insights into shifting consumer behaviour and product category performance. A dedicated segment on eCommerce presented by Amazon UAE followed which was moderated by Ashish Panjabi, board member of TEG and COO of Jacky's Group. The Amazon team shared their forward-looking perspective on the future of the online retail, highlighting innovation, customer-centric strategies, and the importance of a collaborative approach with key players in the industry. This session was particularly relevant as many TEG members are active in Marketplace platforms, and the conversation reflected the collective outlook on digital retail dynamics. Themes such as after-life of products and areas of sustainability were also discussed during the forum, reflecting TEG's holistic approach to innovation and industry development. These discussions underscored TEG's broader mission of not only facilitating business growth but also steering the industry toward more responsible practices. The forum was further enriched by the presence of senior representatives from leading industry players, including Eros Group, Al-Futtaim Group, Better Life, Al Yousuf Electronics, Jumbo, GECO, Nikai Group, JK National Group, among others. Attendees included representatives from Dubai Chambers, Ministry of Industry and Advanced Technology (MOIAT), Dubai Customs and DP World, highlighting the growing synergy between public policy and private sector growth in driving economic transformation. This high-impact knowledge-sharing forum brought together 100+ senior stakeholders, including government officials, business leaders, and global industry experts, to explore the future of the electronics sector through the lens of data, innovation, and cross-sector collaboration. The event strongly reinforced TEG's position as a unifying platform that brings the UAE electronics ecosystem together — including retailers, distributors, brand owners, eCommerce players, marketplaces, policymakers, and data partners to engage in strategic dialogue, share actionable insights, and align on the future of the industry. Concluding the forum, Shuja Jashanmal, vice chairman of TEG and group CEO of Jashanmal National Company, delivered the closing address, reflecting on the evolution of the UAE's electronics trade and reaffirming TEG's commitment to building a stronger, more connected industry ecosystem.
Arabian Business
2 days ago
- Business
- Arabian Business
Dubai traffic to ease: RTA completes road improvements in Business Bay
Dubai's Roads and Transport Authority (RTA) has completed three traffic improvements in Business Bay, targeting locations along the street that connects to Sheikh Zayed Road and Al Khail Road. The upgrades focus on traffic flow and road safety in Business Bay, serving residents, visitors, and businesses in the district, the Dubai Media Office said in a statement, adding that the area contains residential, commercial, and service facilities. The improvements form part of a plan to develop infrastructure and enhance road network efficiency in Business Bay. The works support Dubai's population growth and urban expansion. Dubai's Business Bay gets traffic flow upgrades from RTA The completed improvements deliver traffic flow, safety, and travel times for road users in high-density areas. RTA converted the street parallel to Sheikh Zayed Road from a two-lane, two-way configuration into a one-way dual roadway. The authority updated signage and road markings as part of this work. The adjustment reduced traffic overlap points and increased the street's capacity by 100 per cent. The changes improve traffic flow whilst enhancing road safety and ensuring movement for road users. A 100-metre storage lane was added at the intersection of Al Mustaqbal Street with Al Khaleej Al Tejari 1 Street. The addition increases right-turn capacity towards First Al Khail Street by up to 50 per cent. The measure reduces congestion, shortens waiting times, and boosts the intersection's capacity and level of service. RTA reorganised the service road parallel to Al Mustaqbal Street near the towers. An lane was introduced to accommodate traffic volumes. This step increased road capacity by 50 per cent and reduced traffic conflicts, enhancing traffic movement. The authority expanded the entry point to the bridge on Al Mustaqbal Street over the canal in the direction of First Al Khail Street. The expansion increases capacity from one lane to two, doubling capacity.
Gulf Business
2 days ago
- Business
- Gulf Business
Traffic update: Dubai's RTA completes key road upgrades in Business Bay
Image: RTA/ X Dubai's Roads and Transport Authority ( The enhancements are part of a broader plan to develop the emirate's road network infrastructure and improve efficiency to accommodate population growth and urban expansion. The newly completed works are expected to lead to smoother traffic flow, increased safety, and reduced travel times. The Business Bay traffic upgrades include… … a street running parallel to Sheikh Zayed Road was converted from a two-lane, two-way configuration into a one-way dual roadway. This adjustment is projected to reduce traffic overlap points and increase the street's capacity by 100 per cent. Additionally, a 100-metre-long storage lane was introduced at the intersection of Al Mustaqbal Street with Al Khaleej Al Tejari 1 Street. This measure is designed to boost right-turn capacity towards First Al Khail Street by up to 50 per cent, aiming to reduce congestion and waiting times at the intersection. Further improvements involved reorganising the service road parallel to Al Mustaqbal Street, near the towers, by adding an extra lane. This step is anticipated to increase road capacity by approximately 50 per cent and decrease traffic issues. The RTA also expanded the entry point to the bridge on Al Mustaqbal Street over the canal, in the direction of First Al Khail Street, from one lane to two. This effectively doubled the entry point's capacity, aiming to ease traffic pressure during peak hours and improve vehicle flow along the corridor. Read:
Zawya
2 days ago
- Business
- Zawya
Dubai's RTA completes 3 traffic improvements on Business Bay area
DUBAI - Dubai's Roads and Transport Authority (RTA) has completed three traffic improvements on Business Bay. The improvements involved expanding and upgrading several locations along the street, which connects directly to Sheikh Zayed Road and Al Khail Road, to enhance traffic flow and road safety in the area. These enhancements serve the needs of residents, visitors, and businesses in a district characterised by a diverse mix of residential, commercial, and service facilities. These works form part of a broader plan to upgrade infrastructure and boost the efficiency of Dubai's road network to keep pace with population growth and urban development. The completed enhancements contribute to smoother traffic flow, higher safety standards, and reduced travel times, particularly in high-density zones, thereby improving the overall road user experience. As part of the upgrades, the street parallel to Sheikh Zayed Road was converted from a two-lane, two-way configuration into a one-way dual roadway, with updated signage and road markings. This adjustment reduced traffic overlap points, increased the street's capacity by 100 percent, and improved overall traffic flow. Additionally, a 100-metre-long storage lane was added at the intersection of Al Mustaqbal Street with Al Khaleej Al Tejari 1 Street to increase right-turn capacity towards First Al Khail Street by up to 50 percent. This measure reduced congestion, shortened waiting times, and boosted the intersection's capacity and level of service. Further improvements were carried out near the towers, where the service road parallel to Al Mustaqbal Street was reorganised, and an additional lane was introduced to accommodate rising traffic volumes. This step increased road capacity by approximately 50 percent and reduced traffic conflicts. Moreover, RTA expanded the entry point to the bridge on Al Mustaqbal Street over the canal in the direction of First Al Khail Street from one lane to two, doubling its capacity. This measure eased traffic pressure during peak hours and improved vehicle flow along this critical corridor.
Khaleej Times
3 days ago
- Automotive
- Khaleej Times
Dubai traffic: New projects cut travel time, increase road capacity by 100% in Business Bay
A series of road improvement projects in Business Bay has eased traffic congestion in the area. A two-lane, two-way street parallel to Sheikh Zayed Road was converted into a one-way dual roadway, with updated signage and road markings. This increased the street's capacity by 100 per cent, and improved overall traffic flow. The project carried out by Dubai's Roads and Transport Authority (RTA) involved expanding and upgrading several locations along the street, which connects directly to Sheikh Zayed Road and Al Khail Road, aiming to enhance traffic flow and road safety in the Business Bay area. These will support smoother traffic flow, increased safety, and reduced travel times, thus improving the overall experience for road users, especially in high-density areas. A district that hosts a diverse mix of residential, commercial, and service facilities, Business Bay is also popular among tourists for its proximity to Downtown Dubai and views of the Dubai Canal. Earlier, some of those living and working in Business Bay had shared how during peak rush hour, they waited more than 30 minutes just to exit their building parking. Other improvements A 100-metre-long storage lane was added at the intersection of Al Mustaqbal Street with Al Khaleej Al Tejari 1 Street to increase right-turn capacity towards First Al Khail Street by up to 50 per cent. This reduced congestion, shortened waiting times, and boosted the intersection's capacity and level of service. Improvements were also carried out where the service road parallel to Al Mustaqbal Street was reorganised, and an additional lane was introduced to accommodate rising traffic volumes. This step increased road capacity by approximately 50 per cent and reduced traffic conflicts, enhancing overall traffic movement. RTA also expanded the entry point to the bridge on Al Mustaqbal Street over the canal in the direction of First Al Khail Street from one lane to two, doubling its capacity. This measure eased traffic pressure during peak hours and improved vehicle flow along this critical corridor.
