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Dubai Teams Up With Elon Musk’s Boring Company For “Dubai Loop”

The proposed underground transport system will span 17 kilometers and include 11 stations, serving over 20,000 passengers per hour.

Published

4 days ago

February 16, 2025

Nour Nasir

dubai teams up with elon musk's boring company for dubai loop

Dubai is making a bold move toward futuristic transportation after announcing that its Roads and Transport Authority (RTA) will team with Elon Musk’s The Boring Company to develop the “Dubai Loop.” The collaboration was revealed during the recent World Governments Summit, an annual event that gathers global leaders to discuss future innovation.

The proposed Dubai Loop will span 17 kilometers underground and include 11 stations, aiming to transport over 20,000 passengers per hour. Operating with driverless electric vehicles, the system promises a rapid, congestion-free travel experience — similar to the Las Vegas Loop.

According to The Boring Company, the Dubai Loop will function as a point-to-point system, allowing passengers to reach their destination directly without intermittent stops. With speeds reaching up to 160 km per hour (100 mph), the system will offer a fast and efficient alternative to traditional public transport.

Elon Musk confirmed the partnership via video link at the World Governments Summit, describing the project as a way for travelers to move through Dubai like passing through a “wormhole” — eliminating long distances and traffic congestion.

Also Read: Etihad Rail Plans 30 Minute Dubai To Abu Dhabi Train Link

Omar Sultan Al Olama, the UAE’s Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, who led the discussion with Musk, highlighted the project’s potential impact. “The Loop project is going to cover Dubai’s most densely populated areas for people to go from point to point in a seamless manner. We hope to change people’s lives”.

During the discussion, Musk, who is also leading the Trump administration’s DOGE (Department of Government Efficiency) emphasized the need for streamlined government processes and technological advancements in governance. He noted that efficient tunnel-based transport offers a safer and more practical alternative to emerging concepts like flying cars and UAVs.

Once operational, the Dubai Loop will connect key areas across the city, significantly cutting travel times and revolutionizing urban mobility.

Related Topics:Boring Company Dubai Elon Musk

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Foodics Acquires Online-Ordering Specialist & Invests In 3 Startups

The deal with UK-based Solo Venture was made at LEAP 2025, and will help create a seamless, all-in-one SaaS ecosystem for restaurants.

Published

1 day ago

February 19, 2025

Nour Nasir

foodics acquires online-ordering specialist and invests in 3 startups

MENA-based restaurant and payments technology provider Foodics has fully acquired Solo Venture, a UK-based company specializing in self-ordering kiosks and white-label online ordering solutions. The deal was reached at this year’s LEAP 2025 event in Riyadh and is part of Foodics’ strategy to create a seamless, all-in-one SaaS ecosystem for restaurants and catering firms.

Solo’s technology includes AI-driven self-service solutions, simplifying ordering and increasing profit margins. By integrating Solo into its platform, Foodics will soon be able to offer restaurants a comprehensive suite of tools covering everything from dine-in management to payments and analytics.

Ahmad Al-Zaini, CEO and Co-Founder of Foodics explained: “This acquisition is a significant step in our mission to build the most comprehensive restaurant management platform in MENA and beyond. To further support our ecosystem and the future of tech in the F&B sector, we are allocating $100M in strategic acquisitions and investments in Fintech, AI, and other transformative technologies over the coming three years”.

Beyond the Solo acquisition, Foodics is also backing three startups as part of its wider expansion plan:

Norma: A Greek AI-powered data analytics firm that enables business professionals to generate insights instantly, eliminating the need for technical expertise.
Add: A specialized accounting platform designed for small and medium-sized restaurants to simplify financial reporting and payroll management.
Arzaq Plus: A smart food and beverage supply chain platform that optimizes sourcing and logistics while introducing a “Buy Now, Pay Later” feature to the Foodics platform.

Also Read: Taager Secures $6.75M To Expand Social eCommerce In MENA

Anas Alghanim, Foodics’ Director of Corporate Development, emphasized, “At Foodics, every investment we make is aimed at creating valuable solutions that drive growth and deliver tangible success, ensuring that we empower our partners and customers to shape the future of the industry”.

The LEAP 2025 announcement coincides with the celebration of Foodics’ 10th anniversary. After supporting over 30,000 food and beverage businesses across 30 countries, Foodics continues to push the boundaries of restaurant management technology, helping companies streamline operations and enhance customer experience.