Tuesday 1 December 2015
railway line

GSH Kuwait group buys UK property

London-based Sharia-compliant wholesale investment bank Gatehouse, sister company of GSH Kuwait, has completed the acquisition of a prime office building in Leeds for £43.7 million ($66.4 million). Working closely with its sister company G


Germany's Bahn in major rail deal in UAE

German national rail operator Deutsche Bahn has moved closer to a deal worth billions of euros to build a rail network in the United Arab Emirates, the company said after it signed an agreement on Sunday. The memorandum of understanding, s


Saudi phosphate rail ready by year-end

A railway to transport phosphate and bauxite ore that would serve a project Saudi Arabian Mining Company is developing is expected to be in operation by the end of this year, state news agency SPA said on Saturday. The mineral line would l


Egypt sees hi-speed rail study in 2 months

Egypt expects an Egyptian-Italian feasibility study for a high-speed railway line between Cairo and Alexandria to be ready in two months, the country's transport minister said. "We should get the results in the next two months. Our feeling

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