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Etihad Rail, SAR sign deal for exchange of services, training
17 Mar 2021 The strategic agreement will also support identifying future initiatives, such as those in the field of technology and procurement. Etihad Rail, the developer and operator of the UAE’s national railway network, announced on Wednesday its partnership with the Saudi Railway Company (SAR), by signing a strategic agreement establishing a framework for the exchange of services, training, and knowledge transfer.
Shadi Malak, Chief Executive Officer of Etihad Rail, and Dr Bashar Al Malik, Chief Executive Officer of SAR, signed the strategic agreement during a virtual ceremony attended by officials from both entities. The agreement focuses on four key areas of cooperation including locomotives and wagons lease arrangements, spare parts purchase, special volunteer groups and shared services initiatives.