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UAE secures financing for national railway

Posted: 01 Mar 2013, 15:00
by John Ashworth
UAE secures $1.28bn financing for national railway

Etihad Rail has secured financing of US$1.28 billion (£844m) for the first stage of the UAE’s national railway network...

The first stage comprises the route from Shah and Habshan to Ruwais...

On completion, the UAE’s national railway network will span approximately 1,200km across the Emirates...