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UAE Railway Network in Place to Help Develop the Economy

By Sam Applegate on Nov 04, 2014 in Bahrain, Freight, Infrastructure, Infrastructure, Israel, Jordan, Oman, Qatar, Rail, Saudi Arabia, UAE

The UAE railway network that is currently undergoing construction across the Emirates is being built to support the development of the country. In linking major population centres, ports, manufacturing centres and sources of ores and aggregates, the country’s economy will benefit as a whole, particularly when the oil runs out in the next few decades. […]

Qatar Rail Signs MoU With Constructions Company

By Sam Applegate on Oct 31, 2014 in Bahrain, Building, Freight, Infrastructure, Infrastructure, Investment, Oman, Passenger Rail, Qatar, Rail, Saudi Arabia, UAE

Qatar’s rail operator Qatar Rail has signed a Memorandum of Understanding (MoU) with construction materials company Qatar Primary Materials Company (QPMC) for QPMC to supply construction materials for Qatar’s new railway network. QPMC was set up at the request of the Qatari government in 2006 to supply construction materials to construction projects in the country. […]

Iranian Rasht - Astara Railway to be Financed by Russia

By Sam Applegate on Oct 30, 2014 in Azerbaijan, Freight, Infrastructure, Infrastructure, Investment, Iran, Iraq, Rail, UAE

Amidst plans to link the caucasus, Iran and Russia by rail, Iran is about to build a railway between Rasht and Iranian Astara, financed by Russia. In turn, Azerbaijan will build a link from the Azerbaijani Astara to Iran’s Astara. This will form a strategic and economic link between Russia, via Azerbaijan’s railway network, into […]

Ethiopia Lands $865 Million Loan to Pay for New Railway

By Sam Applegate on Oct 29, 2014 in Bahrain, Freight, Infrastructure, Infrastructure, Investment, Oman, Passenger Rail, Qatar, Rail, Saudi Arabia, Turkey, UAE

Ethiopia has announced that it has agreed a commercial loan to finance a major part of the National Railway Network of Ethiopia. The USD $865 million loan comes from two groups, a commercial seven year loan of $450 million and $415 million from a Swiss led group. Turkey’s Exim Bank has agreed to pay a […]

GCC Member States Invest $121bn in Infrastructure

By Sam Applegate on Oct 28, 2014 in Bahrain, Infrastructure, Infrastructure, Investment, Oman, Qatar, Rail, Saudi Arabia, UAE

GCC member states have committed USD $121.3bn into road and rail infrastructure projects this year. This comes as part of a drive to expand their non oil economies but in some cases to prepare for major world events in the coming years, including the 2022 World Cup in Qatar. Saudi Arabia leads the charge by […]

Riyadh Jeddah Line Tenders to be Awarded Early Next Year

By Sam Applegate on Oct 24, 2014 in Bahrain, Freight, Infrastructure, Infrastructure, Investment, Oman, Passenger Rail, Qatar, Rail, Saudi Arabia, UAE

Sources in the Saudi government say that tenders for the 958km double tracked line between Riyadh and Jeddah will be awarded next year. Meanwhile the tenders for the rail links connecting Jubail will be awarded later this year. The long heralded 958km Riyadh - Jeddah line will be entirely funded by the Saudi government. Though […]

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 […]

Timetable for GCC Railway Network Agreed

By Sam Applegate on Oct 20, 2014 in Bahrain, Freight, Infrastructure, Kuwait, Oman, Passenger Rail, Qatar, Rail, Saudi Arabia, UAE

A timetable for the construction and integration of the GCC Railway Network has been agreed, according to a Kuwaiti official. The timeline will be announced in November. His Eminence Essa Ahmad Al Kandari, Kuwaiti Minister of Municipal Affairs and Communications has said that the timetable had been agreed at the sidelines of a meeting of […]

First Oman Rail Track to be Laid in 2015

By Sam Applegate on Oct 15, 2014 in Bahrain, Infrastructure, Infrastructure, Kuwait, Oman, Passenger Rail, Qatar, Rail, Saudi Arabia, UAE

The first tracks of the Sohar - Buraimi line will be laid in the third quarter of 2015 according to sources at the Oman Railway Company. The 170 km line will be the first step towards the Sultanate’s ambitious new railway network, which will eventually link ports, cities and to other countries in the GCC. […]

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 […]

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