In a meeting between the Azeri and Iranian Presidents in Russia last week, the two countries agreed that they have mutual security interests which should not be affected by relations with the West. One of the biggest trading routes out of Iran is the railway line currently under construction to Azara in Azerbaijan, and this […]
In the latest of a series of Memoranda of Understanding, Etihad Rail has signed an MoU with international logistics firm Agility. This agreement will boost the logistics sector in the UAE while enabling Agility to better distribute goods around the Emirates. Etihad has lately signed MoU’s with clients wishing to use the new railway network […]
In a bid to build a railway between the cities of Zarqa and the country’s capital, Amman to , the Jordanian government has approached the Development Bank of Turkey for support in financing the project. Engineers are being sent from Turkey to assess the work required and to cost the project which is already under […]
Qatar has earmarked USD $140bn for infrastructure projects in the coming years, to include investment in heavy and light rail as well as its metro projects, airport and new sea port. Qatari Minister of Transport Jassim Saif Ahmed Al Sulaiti told the media of this whilst attending an infrastructure and logistics conference in South Korea […]
Major General Staff Pilot Ishaq al Blooshi of the UAE armed forces signed a deal with Etihad Rail to provide security to the new network which is being built across the Emirates. The military will provide security throughout the major nodes of the network to include stations, terminals and depots. The deal will also allow […]
With $44bn of infrastructure projects either built or being awarded, Saudi Arabia is the biggest spender on new railways in the entire MENA region. Its nearest rival in the region is Algeria which is spending $17bn in the coming years. Saudi is investing the money on a number of mega projects to include the Mecca […]
With the new 2000km GCC Railway Network being built, sources suggest that Saudi Arabia will trade more with regional economies as a result. In 2013, only 5% of the Kingdom’s exports went to other GCC nations. With this new railway network, combined with lower barriers to trade between member nations, this small amount is set […]
Etihad Rail has a new Memorandum of Understanding with aggregates company Gibca Crushers, the latest in an increasing group of clients who have agreed to use the UAE’s new railway network. Gibca Crushers quarries aggregates and crushes them into various grades, including cement and gravel for the construction and infrastructure industries. Etihad Rail’s trains will […]
The new causeway which is to link Saudi Arabia and Bahrain by rail and road is estimated to cost around USD $5bn (BHD 1.9bn). While the location and route is being firmed up, authorities are considering how to bring private finance into the project. The new causeway will link the two Kingdoms and will include […]
Bahrain’s King Hamad bin Isa Al Khalifa and the Chairman of the Bahrain Chamber of Commerce and Industry (BCCI) Khalid Abdulrahman Al-Moayyad have both praised the proposed railway causeway linking Saudi Arabia and Bahrain. The new causeway is to be named after the King and will be known as the King Hamad Causeway. Whilst visiting […]
