| |
|
|
 | Oman railway to create thousands of jobs  |  |
MENAFN -
- 12/03/2013
|
|
|
(MENAFN) The planned Oman's railway project, expected to be operational in 2017,will offer 70,000 jobs, Times of Oman reported.
The USD6 billion railway scheme will cover more than 1,000km from the country's northern to southern borders.
The paper added that the project will create investment opportunities in the country worth up to USD10 billion.
The project will be developed in two stages of which the first stage will run from Khatman Malalah in Oman's north to the eastern town of Duqm, and will contain 20 train stations.
The second stage will reach to the border with Yemen and will feature a further 20 stations.
The Omani government has already received offers from 14 contractors to supervise the project, while authorities have also invited bids to build the railway.
Project completion will form part of the GCC's 6,000km rail scheme, which at a cost of approximately USD100 billion is aimed at increasing trade within the six-member bloc.
|
| |
|
|
  MENA News Headlines
|
 | May 21 2013 | Intermetal builds new USD20.4m factory in Dubai ,MENAFN | | (MENAFN) Intermetal, a Group Harwal Company, spent USD20.41 million to build a new furniture factory, reported Emirates 24/7.
The Dubai-located factory will be designed by Dubai Investment ... |
|  | May 21 2013 | Apicorp 2012 profit hits USD109m ,MENAFN | | (MENAFN) Arab Petroleum Investments Corporation (Apicorp) CEO and general manager, Ahmad Al Nuaimi, stated that 2012's net profit rose by 3 percent from a year earlier to USD109 million, reported ... |
|  | May 21 2013 | Abu Dhabi Int'l Airport to see 15% growth in this summer's weekly flights ,MENAFN | | (MENAFN) Abu Dhabi Airports Company (Adac) COO, Eng. Ahmad Al Haddabi, stated that starting this summer, flights at Abu Dhabi International Airport will grow by 15 percent a week from last summer, ... |
|  | May 21 2013 | Abu Dhabi to set up USD47.6m bus depot ,MENAFN | | (MENAFN) Abu Dhabi's Department of Transport (DOT) said that it will soon start building the new bus depot, reported Emirates 24/7.
This project is worth USD47.63 million, and it was permitted as ... |
|  | May 21 2013 | Air Arabia secures USD350m financing to buy 10 Airbus A320 planes ,MENAFN | | (MENAFN) Sharjah-based Air Arabia stated that it has inked a USD350 million financing deal with two GCC banks to fund the purchase of new planes, reported Arabian Business.
The low-cost airline ... |
|  | May 21 2013 | Qatar's Msheireb Properties grants Downtown Doha Phase 3 contract ,MENAFN | | (MENAFN) Msheireb Properties CEO, Abdulla Hassan Al-Mehshadi, announced that the company has granted a construction contract worth USD690 million for Phase 3 of its Msheireb Downtown Doha project, ... |
|  | May 21 2013 | First Staybridge Suites in Jeddah by IHG ,MENAFN | | (MENAFN) InterContinental Hotels Group (IHG) has agreed with Dyafah Al Mutahida to launch Staybridge Suites in Jeddah, reported Arabian Business.
The project will be the first of its kind to open ... |
|  | May 21 2013 | Trade between Saudi, Malaysia at USD3.99b ,MENAFN | | (MENAFN) The Consulate General of Malaysia Commercial section in alliance with Council of Saudi Chambers (CSC) and Jeddah Chamber of Commerce (JCCI) businessmen and their Malaysian counterparts in ... |
|  | May 21 2013 | Damac invests USD100m in Baghdad's Princess Tower ,MENAFN | | (MENAFN) After years of announcing its intentions to expand into Iraq, Damac Properties has already started constructing the company's first residential complex in the country, reported Arabian ... |
|  | May 21 2013 | Chinese PM vows to open up markets to India ,AFP | |
(MENAFN - AFP) Visiting Chinese Premier Li Keqiang pledged on Tuesday to open up domestic markets to Indian businesses and narrow a gaping trade deficit between the two countries.
"As for Indian ... |
| more... |
|
|
|
|
 |
|
|
|
|