Billionaire tech founder Elon Musk is behind the landmark new transport system… Say goodbye to sitting in Sheikh Zayed Road traffic: a futuristic new underground is set to change the way we travel in Dubai.

Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid al-Maktoum on Friday signed an agreement for construction of the Dubai Loop project with Elon Musk's infrastructure firm the Boring Company, Dubai Media Office said in a statement.

Dubai’s Road and Transports Authority (RTA) has entered into a memorandum of understanding (MoU) with the Las Vegas- and Bastrop-headquartered The Boring Company (TBC) to launch the Dubai Loop, a next generation underground transportation system that will run throughout the emirate.