Dubai accelerates smart city plans to the next level

Persian Gulf metropolis Dubai is ramping up its long-running smart city strategy to capitalize on emerging opportunities in a market worth trillions of dollars.

While many municipal governments around the globe are only now beginning to explore smart city projects, Dubai is more than a decade into its smart city strategy.  Trade Arabia says the largest city in the United Arab Emirates is now in the process of shifting into Phase Two of its expansive smart city strategy.

The city wrapped up Phase One of its smart city plans this spring.  One part of that phase was the Smart Dubai Government initiative, which has already saved the government $1.17 billion in its 13 years of existence.

As part of Phase Two, the new Smart Dubai Office (SDO) will take over this initiative as well as the Dubai Data initiative. The SDO will incorporate these projects into its Happiness Agenda for the city which it announced this May. This project will guide Dubai’s smart city transformation with a methodical, science-based approach to improving the urban area’s overall happiness.

A key component of the Happiness Agenda is the Happiness Metre, which contributes to cutting-edge benchmarking processes that are widely used by private and public sectors in the city.

“Smart Cities are rising throughout the world, but governments and industry need to agree on what actually makes a city smart,” said Palo Alto City’s chief information officer Jonathan Reichental, who is slated to speak at Dubai’s Gitex conference this fall. “Dubai’s efforts to develop global benchmarks will help cities measure their progress, so that leading innovators, from Silicon Valley to Dubai to Bangalore, can deploy practical tools to measure how they’re improving people’s lives.”

Dubai knows benchmarking is critical

Smart Dubai director general Aisha Bin Bishr said that benchmarking was an integral part of the such smart city projects as The Happiness Metre, the Dubai Data Portal and the Smart Dubai Platform.

“After spending over two years working on benchmarking, creating a blue print, building the framework and testing services on a government level, we are now working on delivering tangible benefits to the residents and visitors of Dubai,” he said.

Dubai is pushing forward into further Internet of Things (IoT) integration, embracing the burgeoning technology that is expected to generate $1.6 trillion in smart cities impact by 2025. A recent McKinsey Global Institute report predicts these IoT impacts will include $800 billion in transportation opportunities and $700 billion in healthcare.

Yet despite the global buzz around the topic of smart cities, concerns are mounting that many smart city initiatives are focusing on solving peripheral urban problems, with few big projects tackling core city issues.

The world's most expensive tyres just sold for $600,000

If you're want to make a style statement with your car, there's nothing quite like a set of shiny wheels.

Someone certainly thinks so. A company from Dubai  has set a new record for the world's most expensive tyres according to Guinness World Records. The wheels are encrusted with gold and diamonds, with a set of four being sold for an exorbitant $600,000 (2.2 million dirhams).

The tyres have been designed by Dubai's Z Tyre and produced by a Chinese tyre factory, but their staggering price tag comes from their glittering embellishments. The tyres are decorated with 24-carat gold leaf work, done by the same craftsmen who are working on a new presidential palace in Abu Dhabi. Finally, Joaillier Prive, an artisan jeweller in Italy, has added specially-chosen diamond stones to the tyres.

The profits from the sale will be donated to a charity that focuses on improving access to education across the world.

The previous record for the world's most expensive tyres was held by Michelin's Bugatti Veyron tyres, which were priced at 10,000 pounds for a set of four tyres. Unlike these however, the Michelin tyres were valued for the Veyron rubber.