ABU DHABI // Police ticketed 783 drivers for tailgating in a week-long campaign on the emirate's roads, police said yesterday.
The anti-tailgating push, which ended Saturday, was part of Abu Dhabi's road-safety effort. The campaign was launched January 24 to raise awareness of the dangers of driving too closely. Tailgating, according to police, is a major cause of accidents.
Lt Col Hamad al Ameri, the head of the traffic investigation section of the Abu Dhabi traffic and patrols department, said 590 of the tailgating fines were issued in Abu Dhabi City. Forty-one were handed out in Al Ain and 47 in Al Gharbia; 105 fines were handed out on external highways.
Most of the fines in the capital, according to Lt Col al Ameri, were issued on Al Khaleej Al Arabi Street and Mahawi Street in the direction of Abu Dhabi during peak hours, in the morning and noon.
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Martin Sabbagh profile
Job: CEO JCDecaux Middle East
In the role: Since January 2015
Lives: In the UAE
Background: M&A, investment banking
Studied: Corporate finance
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
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Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.