Passenger Rail

Passenger Rail

USD 3 billion for UAE-Oman rail network

Oman and Etihad Rail Company, the developer and operator of the UAE-Oman Rail Network, have signed a cooperation agreement with Mubadala Investment Company, a sovereign wealth fund in Abu Dhabi, to support the development of the 303 km rail network linking Oman and the UAE, with a total investment value of USD 3 billion.

Karel Novak 24/02/2023 · 3 min read