Dubai tram contract worth US$1.09 billion awarded

Dubai_tramThe Roads & Transport Authority (RTA) said it has awarded a 13-year maintenance contract for the Al Sufouh tram project in Dubai to a consortium comprising Alstom Co and Cofely-Besix Co.

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Etihad Rail financing plan cleared

railway-trackEtihad Rail’s plan to borrow US$1.3 billion to finance part of the construction of a nationwide railway network was approved by the UAE cabinet.

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Iraq looking for bidders on US$450mn rail project

railway-trackIraq is seeking bidders to compete for a US$450mn monorail project in the southern holy city of Kerbala.

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Saudi signs railway contracts worth US$2.3 billion

Saudi signs railway contracts worth US$2.3 billionSaudi’s Finance Minister Ibrahim Al-Assaf signed three contacts worth US$630mn with Saudi Arabian Railway (SAR) to implement various projects for the North-South Railway.

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Etihad Rail awards US$900mn rail contract


Etihad Rail has awarded a US$900mn civil and track works contract to an Italian-UAE joint venture as the first phase of UAE’s national railway network gets underway.

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