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Rail

Increasing foreign non-oil trade volumes and Gulf-wide port infrastructure and capacity development are playing a vital role in long term economic growth prospects for the region, which will come under the industry spotlight at the World Ports & Trade Summit 2013 taking place in Abu Dhabi from 19-20 March.

Etihad Rail – the developer and operator of the UAE’s national railway network – announced that it has secured financing of USD 1.28 billion (AED 4.7 billion) for Stage One of its railway project, which comprises the route from Shah and Habshan to Ruwais.

Train travel start-up, loco2.com, becomes first UK company to offer Deutsche Bahn tickets online. Expanded European coverage provides access to thousands of routes and tickets in Germany, and international connecting services.

 

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