The work on the $20 billion GCC rail project, which will connect all six Gulf states, is likely to be completed in 2020, two years behind the deadline set, said a report citing the chairman of the UAE’s Federal Transport Authority (FTA).
A plan to make the GCC railway network operational by 2018 is being drawn up, a report said.
Bahrain and Saudi Arabia are already in the process of conducting a feasibility study, which is expected to be complete by the first quar
The Middle East and North Africa (Mena) region is currently one of the world's fastest growing markets for rail with over $156 billion worth projects planned or under way in the region, a senior official at Bechtel said.
Oman Ministry of Transport and Communications is set to float fresh tenders for the appointment of a consultant to undertake the ‘preliminary design’ of the Sultanate’s multi-billion dollar national railway project, said a repo
The Gulf Arab rail network will cost between $20 billion and $25 billion, up from $14 billion, as the six oil producers seek to create a similar model to Europe's Eurostar, a regional official said on Wednesday.
Mohammed Obaid al-Mazro