Dubai has raised US$1.1bn loan for the expansion of the citys metro rail system, reaching the first step of an infrastructure financing programme which totals around US$2.8bn
Rail
First four Doha Metro trains arrive in Qatar
The first four of the 75 Doha Metro trains have arrived two months ahead of schedule at Hamad Port in Qatar after a three-week journey by sea from Japan?s Kobe Port
Doha Metro's elevated viaduct is to be 'an integral component of Qatar's rail infrastructure'
With phase one well underway, the construction of the Red Line South (RLS) Elevated and At-Grade section of the project is being led by the FYAP JV, consisting of FCC, Archirodon, Yuksel and Petroserv, with formwork and shoring provided by RMD Kwikform
GE signs US$575mn agreement to help improve rail infrastructure in Egypt
GE has signed a letter of intent (LoI) worth US$575mn with the Egypt?s Ministry of Transportation (MoT) and Egyptian National Railways (ENR) to supply 100 GE ES30ACi Light Evolution Series Locomotives that can be used for both passengers or freight rail, as well as a 15-year agreement for parts and technical support for GE locomotives in ENR?s new and current fleet
MENA railway supply market set for growth
Industry players are upbeat about the region?s railway supply market prospects, noting that the sector will grow about three per cent annually in the next four years