You are here > Home // Industry Sectors // Investment

Investment

With New Rail Network, Sohar Aims to be the ‘Gateway to the GCC’

By Sam Applegate on Oct 21, 2014 in Bahrain, Freight, Infrastructure, Infrastructure, Investment, Iran, Kuwait, Oman, Qatar, Rail, Saudi Arabia, UAE

In the face of dwindling oil reserves, Oman is aiming at being a logistics hub for the GCC. The new railway network, that begins construction in the next 12 months, will be of core importance to this plan. Omani authorities and businesses are aggressively expanding Sohar Port in an attempt to make it competitive with […]

Addis Ababa: Djibouti Railway to be Complete by 2016

By Sam Applegate on Oct 17, 2014 in Djibouti, Freight, Infrastructure, Infrastructure, Investment, Passenger Rail, Rail, Syria, Turkey

Ethiopian Premier Hailemariam Desalegn has announced that the 1500km Addis Abeba - Djibouti railway line will be completed by 2016. Half of the route, which will enable Ethiopian trade to access global trade routes by sea, is already complete. Two sections are being built by a Turkish and a Chinese firm. The USD $6.5 billion […]

Oman Government Allocates USD $20bn to Infrastructure Projects

By Sam Applegate on Oct 14, 2014 in Bahrain, Infrastructure, Infrastructure, Investment, Kuwait, Oman, Qatar, Rail, Saudi Arabia

Over the next 15 years the Oman government will invest $50bn in construction. 40% of this will go into infrastructure including the Oman National Railway. Oman currently accounts for 5% of construction investment in the GCC. This is set to rise with increased oil revenues and the Sultanate’s plans to diversify its economy. For example, […]

UK Network Operator to Aid SRC

By Sam Applegate on Oct 13, 2014 in Bahrain, Freight, Investment, Kuwait, Oman, Qatar, Rail, Saudi Arabia, UAE

In a deal believed to be in the region of USD $170 million, UK national rail operator Network Rail has been made ‘preferred bidder’ to help the Saudi Railway Company run the North-South Line. Network Rail manages the whole of the UK railway network, which is one of the oldest networks in the world, and […]

Calls for Iran’s International Railways Completion to Speed Up

By Sam Applegate on Oct 10, 2014 in Infrastructure, Infrastructure, Investment, Iran, Rail, UAE

Iran’s President Hassan Rouhani called for the new railways linking Afghanistan, Turkmenistan and Kazakhstan’s borders to be completed as soon as possible. In a meeting of the Resistance Economy Headquarters, led by President Rouhani, the Roads and Rural Development Minister Abbas Akhoundi gave a presentation of the country’s current railway construction plans that are due […]

Ethiopia Requests $700 Million Loan to be Released for New Railway

By Sam Applegate on Oct 07, 2014 in Infrastructure, Infrastructure, Investment, Rail, Turkey

Ethiopia has asked for a loan by the Turkish Exim Bank to be released, so the country can build a new railway linking the north of the country with its central region. The 389km railway will link Awash and Waldia. The request was made in a meeting in New York between Ethiopia’s Tedros Adhanom and […]

Rail Quality Assurance Firm Comply Serve Set up Offices in the Middle East

By Sam Applegate on Oct 03, 2014 in Investment, Passenger Rail, Qatar, Rail, Saudi Arabia, Urban Rail & Metros

UK rail quality assurance provider Comply Serve is to set up offices in the Middle East to meet demand for its services in the region. With the recent boom in rail infrastructure construction and the company winning three major contracts in the region, this move will help both clients and business work together more efficiently. […]

Stage Two of Etihad Rail Network to be Paid for by Federal Government

By Sam Applegate on Oct 02, 2014 in Bahrain, Infrastructure, Infrastructure, Investment, Kuwait, Oman, Qatar, Rail, Saudi Arabia, UAE

It has been announced that the 628km Stage Two of the UAE’s new railway network will be fully funded by the Federal Government. Originally slated for construction in Q2 of this year, the funding arrangements have been delayed. The 628km stage will link the port of Khalifa and Mussafah, Jebel Ali with the Stage One […]

Etihad Signs MoU with Agility

By Sam Applegate on Sep 30, 2014 in Bahrain, Freight, Infrastructure, Infrastructure, Investment, Kuwait, Oman, Qatar, Rail, Saudi Arabia, UAE

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 […]

Turkish Development Bank to Support Upgrade of Jordan Railway

By Sam Applegate on Sep 26, 2014 in Building, Infrastructure, Investment, Jordan, Passenger Rail, Ports, Stations & Terminals, Rail, Turkey

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 […]

A

Investment

B

Social Media