New proposals would raise the capital requirements for the largest and most important banks by 9%, down from 19%
DUBAI - Since starting operations in September 2011, the Green Line of the Dubai Metro has seen ridership levels beyond expectations with as many as 11,849,172 passengers up to January.
The trend underlines the fact that the Green Line stretches across vital, cultural and residential areas in Dubai, making it the most popular mass transit means.
Ramadan Abdullah, Director of Rail Operation at RTA Rail Agency, said: “The growing number of passengers using the Green Line reflect the substantial evolution in the culture of community members vis-à-vis the use of mass transit means, particularly the Metro, as it offers a physical and psychological relief for commuters in a hassle-free travelling experience.
Commuters traveling in the Metro Green Line. — KT file photo
“Over less than five months, the Dubai Metro Green Line has managed to break the 11 million passengers’ barrier. The ridership of the Green Line hit 2.785 million passengers in December last, and in January 2012 the figure reached 2,849,171 passengers,” he elaborated.
He indicated that the most popular Metro stations on the Green Line in December and January last was Al Fuhaidi Station where the number of users clocked 694,176; which is attributed to the strategic location of the station as it sits at the junction of Khalid bin Al Waleed Street, Al Musalla Street and Al Mankhool Street in an area packed with electronic and computer shops, Gulf Center and several banks.
Next in the most popular stations list comes Bani Yas Station as the number of commuters using the station over the last two months has hit 664,351 passengers. Third in the pecking order of the metro stations is Al Ghubaiba Station which was used by 504,771 passengers in December and January last.
“The success of the Dubai Metro adds to the success of the Dubai city which is aspiring to develop best-in-class services in mass transit systems in general and the Dubai Metro in particular. to keep pace with the massive urban, cultural and residential boom seen by the city. It also contributes to serving the needs and expectations of a wide spectrum of community members as a whole, and helps conserve the environment.
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