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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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Emirates expands operations in Iraq

Emirates_IraqEmirates has announced a 75 per cent additional capacity increase between Dubai and Baghdad from the beginning of February, boosting its services to seven flights per week in a move to support Iraqi business segments.

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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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Dubai airport passenger traffic grows 7.8 per cent

Dubai_airportPassenger traffic at Dubai International Airport increased by 7.8 per cent during the first 11 months of the year to reach 46.2mn passengers, according to Dubai Airports.

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