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UAE and Oman agree to establish $3b Oman-Etihad Rail Company

On the sidelines of President His Highness Sheikh Mohamed bin Zayed Al Nahyan’s visit to Oman, Oman Rail, the Sultanate’s national developer and operator of railway networks, signed an agreement with Etihad Rail, the developer and operator of the UAE National Rail Network, to jointly establish an equally-owned company, Oman-Etihad

UAE In-Focus — Oman, UAE establish joint rail company; ADQ identifies $8 7bn investment in Oman

RIYADH: Oman Rail has signed an agreement with Etihad Rail, UAE’s national developer and operator of railway networks, to jointly establish an equally-owned company named Oman-Etihad Rail Co. The agreement was signed on the sidelines of UAE President Sheikh Mohamed bin Zayed Al-Nahyan’s visit to Oman. According to a report from news agency WAM, $3 billion will be invested in

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