AIRLINK 182.92 Increased By ▲ 2.06 (1.14%)
BOP 11.70 Increased By ▲ 0.03 (0.26%)
CNERGY 7.48 Decreased By ▼ -0.02 (-0.27%)
FCCL 46.49 Increased By ▲ 0.42 (0.91%)
FFL 16.03 Decreased By ▼ -0.23 (-1.41%)
FLYNG 27.60 Increased By ▲ 0.36 (1.32%)
HUBC 133.80 Increased By ▲ 1.73 (1.31%)
HUMNL 13.00 Decreased By ▼ -0.02 (-0.15%)
KEL 4.68 Increased By ▲ 0.11 (2.41%)
KOSM 6.15 Increased By ▲ 0.05 (0.82%)
MLCF 59.75 Increased By ▲ 0.58 (0.98%)
OGDC 224.72 Increased By ▲ 3.34 (1.51%)
PACE 5.87 No Change ▼ 0.00 (0%)
PAEL 45.40 Decreased By ▼ -0.14 (-0.31%)
PIAHCLA 17.78 Decreased By ▼ -0.18 (-1%)
PIBTL 10.47 Increased By ▲ 0.29 (2.85%)
POWER 11.86 Increased By ▲ 0.01 (0.08%)
PPL 187.50 Increased By ▲ 3.41 (1.85%)
PRL 36.50 Decreased By ▼ -0.04 (-0.11%)
PTC 24.92 Decreased By ▼ -0.04 (-0.16%)
SEARL 101.38 Increased By ▲ 0.15 (0.15%)
SILK 1.16 Decreased By ▼ -0.01 (-0.85%)
SSGC 37.26 No Change ▼ 0.00 (0%)
SYM 15.70 Increased By ▲ 0.50 (3.29%)
TELE 7.88 Increased By ▲ 0.08 (1.03%)
TPLP 10.65 Increased By ▲ 0.01 (0.09%)
TRG 63.92 Increased By ▲ 3.36 (5.55%)
WAVESAPP 10.85 Increased By ▲ 0.03 (0.28%)
WTL 1.32 No Change ▼ 0.00 (0%)
YOUW 3.80 Increased By ▲ 0.09 (2.43%)
BR100 12,451 Increased By 119 (0.97%)
BR30 38,281 Increased By 508.6 (1.35%)
KSE100 116,801 Increased By 601 (0.52%)
KSE30 36,052 Increased By 145.2 (0.4%)

DUBAI: Elon Musk said Thursday that he was partnering with Dubai authorities to create a “Loop” underground road network in the congested city.

Musk’s Boring Company has built a similar system in Las Vegas, with Tesla cars – another of his products – driving passengers down narrow, one-way tunnels for a fee.

“It’s gonna be like a wormhole – you just wormhole from one part of the city, boom, and you’re out in another part of the city,” Musk, the world’s richest person, said by videolink at the World Governments Summit in Dubai.

No details of the project were announced. Currently the Vegas Loop has four stops and costs $10 for a five-minute, eight-kilometre (five-mile) ride.

Dubai sets new record of 18.72 mn international visitors in 2024

“I think (when) people try it out, they’ll be like, ‘This is really cool.’ And it’s so obvious in retrospect, but until you actually do it you don’t know,” said Musk.

Despite a giant road network of six-lane highways criss-crossing Dubai, traffic jams are common in the fast-growing United Arab Emirates city of about 3.6 million people.

According to UAE Minister of State for Artificial Intelligence Omar Al Olama, who announced the joint project with Musk, the Loop will “cover Dubai’s most densely populated areas for people to go from point to point” seamlessly.

The project is not to be confused with the Musk-inspired Hyperloop, which envisages floating pods travelling at ultra-high speeds along a vacuum-sealed tube.

After initial steps began in 2016 to build a Hyperloop between Dubai and oil-rich UAE’s capital, Abu Dhabi, the project is yet to become reality.

Musk, a key appointee of US President Donald Trump, is currently slashing government spending, freezing aid programs and pushing staff reductions in federal agencies.

Comments

200 characters