What's Hot

    almentor raises USD 10 million in pre-Series C round

    March 20, 2023

    Shape receives funding from The Oman Technology Fund

    March 17, 2023

    Flat6Labs launches USD 95 million African tech startup fund

    March 16, 2023
    Gulf Africa ReviewGulf Africa Review
    • Industry
    • Infrastructure
      1. Airport
      2. Hospitality
      3. Ports
      4. Power
      5. Rail
      6. Roads
      7. Transport
      Featured

      Osun seeks to capitalise on infrastructure momentum

      Infrastructure May 21, 2018
      Recent

      KarmSolar receives USD 3 million to develop Farafra Solar Grid

      January 11, 2023

      AD Ports Group reports strong growth

      January 3, 2023

      Hyosung Heavy Industries to start construction on South African energy storage project

      December 12, 2022
    • Business & Trade
      1. Agri-Business
      2. Entrepreneurship
      3. FDI
      4. Legislative
      5. MEA
      6. Telecoms
      7. Properties
      Featured

      Analysts predict bullish future for Nigeria’s REITs market

      Business Business & Trade January 21, 2018
      Recent

      Free trade: Qatar and Morocco conclude second round of talks

      January 31, 2023

      Gold-for-oil: Ghana attempts to address forex pressures

      January 18, 2023

      AD Ports Group reports strong growth

      January 3, 2023
    • Finance
      1. Banking
      2. Islamic finance
      Featured

      Fintech dominates African startup funding

      Business Finance Innovation Startups February 15, 2023
      Recent

      Fintech dominates African startup funding

      February 15, 2023

      Social investment platform InvestSky raises USD 3.4 million

      January 12, 2023

      African startups face challenges in 2023

      January 10, 2023
    • Innovation
    Gulf Africa ReviewGulf Africa Review
    Rail

    UAE and Oman to be linked by freight and passenger rail network

    September 29, 20223 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    UAE and Oman
    The UAE and the Sultanate of Oman sign a number of memoranda of joint co-operation on the sidelines of the President's visit to Muscat (WAM).
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The UAE and Oman have signed an agreement to connect Abu Dhabi to Sohar with passenger and freight trains.

    The UAE and Oman will be linked by a rail network to carry both passengers and freight. The passenger trains will be capable of speeds of up to 200 km/h, while the freight trains will run at a speed of up to 120 km/h. As part of the agreement, the UAE’s freight services line will be connected to Sohar, in Oman, the country’s deep-sea port.

    A new company

    The agreement was signed by Shadi Malak, chief executive of Etihad Rail, and Abdulrahman Salim Al Hatmi, group chief executive of Oman’s state-owned logistics company Asyad. The two companies will create a joint company that will develop the network and operate it once complete. As per the agreement, the new company will complete preparatory studies and plan the project, including the financial aspects and the scheduling. It will also oversee the design, development, and operation of the rail network, according to the UAE’s state news agency, WAM. The total investments in the project amount to USD 3 billion.

    High speeds

    According to WAM, the passenger trains will be capable of reaching speeds of up to 200 km/h, covering the journey between Abu Dhabi and the deep-sea port of Sohar in 100 minutes, and Sohar to Al Ain in 47 minutes.

    Malak said that the agreement “lays out a map for a sustainable project that will contribute to strengthening the solid relations between the UAE and Oman”.

    Etihad Rail’s growing network

    Once complete, the Etihad Rail line will cover approximately 1,200 km of territory. The network will link 11 cities and areas across the UAE, from the border with Saudi Arabia to Fujairah in the north. The company has recently signed four preliminary agreements with international companies for rail operations, maintenance and passenger stations.

    UAE and Oman: Strengthening economic ties

    Oman and the UAE continue to strengthen their economic ties. To date, 16 agreements have been signed between the two countries and are related to energy, transport co-operation, communications and logistics, maritime transport, and co-operation and investment in industry.

    The announcement of the Oman-UAE rail link was made following President Sheikh Mohammed’s arrival in Oman on a state visit. Sheikh Mohammed met with Oman’s Sultan Haitham and held talks centered around the leaders’ desire to create a stable, secure region that focuses on sustainability and economic development.

    Oman’s foreign trade increased by 50% y-o-y between January 2021 and 2022 according to the country’s National Centre for Statistics and Information.

    Asyad Etihad Rail Freight Oman Railway UAE
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleAfrican clean energy could create more than six million new jobs by 2050
    Next Article Trade: UAE and Tanzania sign tax deal to bolster trade and investment

    Related Posts

    Business Startups

    almentor raises USD 10 million in pre-Series C round

    March 20, 2023
    Business Startups

    Shape receives funding from The Oman Technology Fund

    March 17, 2023
    Business Startups

    Flat6Labs launches USD 95 million African tech startup fund

    March 16, 2023
    Add A Comment

    Leave A Reply Cancel Reply

    LATEST STORIES

    almentor raises USD 10 million in pre-Series C round

    March 20, 2023

    Shape receives funding from The Oman Technology Fund

    March 17, 2023

    Flat6Labs launches USD 95 million African tech startup fund

    March 16, 2023

    COFE raises USD 15 million Series B round

    March 15, 2023

    E-Livestock Global plans international expansion

    March 14, 2023
    • Business
      • Agri-Business
      • Entrepreneurship
      • FDI
      • Legislative
      • MEA
      • Properties
      • Telecoms
    • Infrastructure
      • Airport
      • Hospitality
      • Ports
      • Power
      • Rail
      • Roads
      • Transport
    • Finance
      • Banking
      • Islamic finance
    • Commodities
      • Agri commodities
      • Metals & minerals
      • Precious metals
    • Culture & Society
      • Education
      • Energy
    GAR logo
    © GulfAfricaReview.com 2014-2022, All Rights Reserved.

    Gulf Africa Review is a trade news and future networking platform for businesses leaders and trade organisations, established to first inform and secondly assist in facilitating the ongoing business and trade relations between the Gulf Cooperation Council countries and Sub-Saharan Africa. We aim to provide an apolitical voice for this channel of economic activity in a way that benefits both geographies by improving the availability of information about market events, developments and opportunities, while publicising the successes achieved by this ever-broadening regional relationship.

      Subscribe to our newsletter

      Type above and press Enter to search. Press Esc to cancel.