Sign inSubscribe

Search Site

VideosInforgraphics
Sign inSubscribe
Trends banner

Economy

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Qatar Ministry of Transport signs pact with Qatar Rail

Qatar rail
By TRENDS Desk
November 2, 2021 2:02 pm
  • Under the agreement, the Ministry of Transport will support all the measures that promote public transit demand management, including the railways
  • The agreement comes in the context of the efforts of the Ministry of Transport to provide an integrated, world-class, multimodal transit system

The Ministry of Transport has signed a Financial Subsidy Agreement with Qatar Railways Company (Qatar Rail) pertaining to the operations of the railway transport network in line with best global practices and standards.

Under the agreement, the Ministry of Transport will support all the measures that promote public transit demand management, including the railways.

The agreement comes in the context of the efforts of the Ministry of Transport to provide an integrated, world-class, multimodal transit system that offers safe and reliable services in line with the pillars of Qatar National Vision 2030. 

This is geared to develop the modes of transportation using the latest universal eco-friendly approaches, and optimally deploy alternative and clean energy in the transportation industry to reduce harmful emissions. 

 

[adinserter block="5"]

Most Read

UAE’s working mothers get extended maternity leave

The Gulf country is setting a new benchmark for supporting working mothers by doubling the mandated maternity leave to 120 days, Kathryn Martin VFS Global tell TRENDS.

Getting vaccinated is ‘the most patriotic thing’ to do

The Fourth of July is a sacred day in our country. A day of history, of hope, remembrance and resolve with promise and possibilities. Before me stands monuments of the…

Saudi Arabia to generate $150 billion in investments from its new transport policy

The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private sector Saudi Arabia expects to generate $150 billion from investments…

GCC healthcare: Transforming the region and impacting the world

PwC forecasts that AI could contribute US$320 billion to Middle Eastern economies by 2030, with healthcare predicted to see some of the largest gains relative to its current size

New-Age Growth Comes Home to the GCC

The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading role in the 4IR.

[adinserter block="4"]