The Saudi construction sector has recorded growth of an average of 10% over the last five years. This has been helped in a large part by the government’s major infrastructure projects including the Kingdom’s upgrading of its railway network. Between 2009 - 2013 the Saudi Arabian construction industry grew by a Compound Annual Growth Rate […]
Etihad, operator of the UAE’s new railway network, has signed an agreement with Dubai’s Road Transport Authority to smooth operations as Etihad constructs the new railway network. The agreement will ensure that transport across Dubai is minimally impacted as the new railway lines are built. Communications are part of the agreement whereby Etihad will be […]
Oman has some of the lowest oil reserves in the GCC so is at the forefront of the region’s push toward the non-oil economy. A new report has been published that suggests that infrastructure investment will seriously boost the Sultanate’s tourism economy. The report, “Shaping the future of travel in the GCC”, has suggested that […]
Plans are in place for two new lines that are planned to link Bahrain with Qatar, and could be complete in time for the Doha FIFA World Cup in 2022. The first phase of Qatar’s international railway line was put out for tender this week. Phase one of the project will be a 156km […]
The Kuwaiti National Assembly has approved a national budget of KD34.15 billion that includes large infrastructure projects. With some members of the Assembly voicing disapproval, the vote was carried and building projects including a new metro for Kuwait City and the country’s section of the GCC Railway Network will commence this year. The budget was […]
Due to the high oil prices over the last two decades, member states of the Gulf Cooperation Council (GCC) have amassed very large wealth funds. During the latter part of the boom years these countries have been able to invest in infrastructure projects, and now the price has fallen are well placed to diversify their […]
A consortium led by Spanish firm Reunidas has been awarded the Project Management contract for the first stretch of the Oman Railway Network by Oman Ministry of Transport and Communications. The USD $146 million contract involves reviewing the preliminary design made by Itallferr earlier this year, and overseeing the first phase of construction which should […]
A five year transport plan, to include a new metro in Kuwait City and a railway network, has been approved by the Kuwaiti government. Members of Parliament have criticised the new plan on several grounds, not least pointing out that the last five year plan was not fully completed. Amidst fears of a general fall […]
The Minister for Transport of Oman, Dr Ahmed bin Salim al Futaisi has announced that the tender for operations and maintenance of the Oman Railway Network will be awarded later this year. He has also said that a new academy for Omani railway workers will begin training people before the end of the year as […]
Medyna is the fourth largest city in Saudi Arabia and is set to grow significantly with the new railway infrastructure being in place. The CMA registered financial institution Sidra Capital is sponsoring the Medyna Job Market and Employment Forum that aims to help more young people exploit opportunities brought by the new infrastructure and growth […]
