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Bahrain expects a study for its 3.06bn Bahraini dinar ($8.12bn) rail plan to be completed by September 2010 as the Gulf Arab island seeks to ease congestion, a ministry of works official said yesterday.
Bahrain envisages building the 184km network in three phases by 2030, when the population is expected to double to two million, Kadhim Abdullatif, chief of traffic planning and studies at the ministry’s roads and design directorate, told a railways conference in Dubai.
Gulf Arab states are spending more than $100bn on railway projects to ease congestion as they face poor public transport networks and growing populations, according to London-based MEED magazine.
German railway operator Deutsche Bahn signed a deal last year to help design a multi-billion dollar rail network in Qatar that includes links to the Bahrain-Qatar Causeway, one of the world’s longest bridges.
Bahrain’s planned rail system will include a mix of light rail trains, monorails, trams and other systems.
The World Bank has announced its inaugural Human Capital Index, with Bahrain coming in the lead for the MENA region. Focusing on health and education, the Index measures how productive a child born t
Saudi Arabia’s gross domestic product (GDP) is expected to jump 29.53 percent to $889.5 billion by the year 2023 while comparing with the year 2017. The GDP is projected to increase 12.11 percent to
Real estate rental and sales prices continued to decline across much of the UAE last month as the fight for affordability persists, new data shows. Average residential sales prices in Dubai decrease
Rating agency S&P has reaffirmed the A- Stable rating for Oman Insurance Company (OIC), an important insurance player in the Gulf Cooperation Council (GCC).
It is one of the UAE’s leading
Times of Oman
The Special Economic Zone Authority of Duqm (Sezad) highlighted the investment opportunities available in Duqm to the business community in Washington through several meetings with American companies
Times of Oman