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‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

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. 

 

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