Oman and Etihad Rail Company, the developer and operator of the UAE-Oman Rail Network, signed a cooperation agreement with Mubadala Investment Company, a sovereign investor in Abu Dhabi, to support the development of the 303km railway network, which connects Oman and the UAE, with an overall investment value of USD 3 billion. The UAE-Oman Rail Network will increase market competitiveness and reduce the overall cost of supply chains, due to its increased efficiency compared to other modes of transport. The Network will also provide trade and investment opportunities for the private sector, providing new and diverse job opportunities, training national human resources, enriching tourism activities, improving the competitiveness of the two countries in global trade and establishing their position as logistics hubs that serve as gateways to regional markets. The network will employ the highest international security, safety, and environmental standards to provide safe and fast passenger and freight services. Passenger trains will run up to 200 km per hour, reducing the time of the journey between Sohar and Abu Dhabi to 100 minutes, and between Sohar and Al Ain to 47 minutes, while the freight train speed will reach 120 km per hour. The partnership comes in line with the two parties’ efforts to explore investment opportunities in the railway sector and strengthen cooperation to support the Oman and Etihad Rail Company in accelerating the planning and execution process of the UAE-Oman Rail Network. The cooperation agreement includes formation of working groups and joint committees to benefit from the shared expertise and knowledge, joint efforts in developing economic and financial feasibility studies, in addition to joint investments in the development of the UAE-Oman railway network and cooperation to enhance …
Read More »SAUDIA and SAR sign MOU to offer special train tickets to Makkah and Al Madinah
SAUDIA has signed an agreement with Saudi Arabia Railways (SAR) to improve the quality of their shared services and provide more initiatives that improve the travel experience. Signed by the SAUDIA Chief Hajj & Umrah Officer, Mr. Amer AlKhushail, and the Executive Vice President of the Haramain High-Speed Railway (HHR) and Al Mashaeer, Engr. Rayan Al-Harbi, the agreement provides special prices for SAUDIA guests who are traveling to and from Makkah and Al Madinah via HHR. Later this year, SAUDIA and HHR booking systems will be linked, and Makkah will be added in the list of stations in the booking process. SAUDIA’s customers will be able to issue boarding passes for both the flight and train at the same time, whether through the website, digital application, or sales offices. Mr. AlKhushail said: “This agreement falls in line with SAUDIA’s commitment to improve the travel experience for guests through implementing digital solutions that address the needs of SAUDIA and HHR’s guests. These solutions remove time-consuming steps in finalizing travel procedures and help facilitate trips between Makkah and Al Madinah. This reflects the government’s commitment to make Hajj and Umrah pilgrim’s journey as smooth as possible through providing best-in-class services.” He added, “This is an additional service added to the long list of integrated services provided by SAUDIA to facilitate the journey for Hajj & Umrah pilgrims through providing world-class air transport and logistical services such as self-check-in services, on-board entertainment packages, and more.” Engr. Rayan Al-Harbi said: “The collaboration between SAR and SAUDIA will contribute effectively to enriching and upgrading the pilgrims’ experience, the integration of travel services is one of the many different efforts done to elevate and diversify the …
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