The issue date will be on October 2, with the maturity date for the first issue due on October 30
business2 hours ago
Dubai Metro’s demo run creates a stir in city
DUBAI — A demo before the actual test run of the much-awaited Dubai Metro that is due to start passenger service by September 2009 created a stir in the city yesterday.
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Witnesses reported that the Roads and Transport Authority (RTA) carried out the first test run on the Shaikh Zayed Road tracks yesterday. However, RTA officials said that the test run is expected to be carried out on May 15.
“What people saw was probably a demo for RTA officials before the actual test run takes place,” said an official.
The test run will be conducted on a 3.5km stretch of the track between Ibn Battuta station and the Mall of the Emirates and Jebel Ali Industrial Area station, said the official.
The official also said that the test track was electrified by a sub-station that provides at least 750-watt energy to the rail. “Energy is provided to the rail since there are no overhead power lines,” said the official.
“We saw the train move forward and backwards slowly, and then it became stationary,” said an eyewitness.
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