INSEAD Day 4 - 728x90

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Qatar Ministry of Transport signs pact with Qatar Rail

Qatar rail
  • 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.