Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Oman signs USD35m deal for railway project  Join our daily free Newsletter

MENAFN - 08/02/2014

No. of Ratings : 0
Add to Mixx!


 


(MENAFN) The Sultanate of Oman and Italy"s Italferr have signed a USD35.2 million deal for the latter to provide consultancy services on a USD15.5 billion railway project, Arabian Business reported.

The 2,244 kilometer railway project across Oman is part of a larger railway project linking all six GCC countries.

The project can help Oman to push its economy away from only depending on oil and gas by facilitating trade and industrial projects, while increasing the GCC"s geopolitical security by giving them a trade route that bypasses the Strait of Hormuz.

The Gulf nation"s Minister of Transport and Communications said that this is one of three deals related to the railway project.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help