Muscat: The Sultanate of Oman and the United Arab Emirates signed an agreement on Wednesday in the field of cooperation between Oman Railways and Etihad Rail.With investments.
MUSCAT, 28th September, 2022 (WAM) 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 Rail Company. The newly created entity will hold an overall investment power of US$3 billion to design, develop and operate a railway network connecting Sohar Port to the.