The UAE’s National Railway Programme is expected to generate over AED 200 billion in economic and developmental benefits.
That’s according to Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, speaking ahead of the Global Rail 2025 Exhibition and Conference, taking place in Abu Dhabi from September 20 to October 2.
Launched in 2021 with AED 50 billion in investments, the programme is the largest system of its kind ever developed in the country.
Al Mazrouei says it’s not just about infrastructure, but a national vision aligned with the UAE Centennial 2071, aiming to cut carbon emissions, improve road safety and enhance quality of life.
He highlighted the UAE’s commitment to smart mobility, including autonomous transport and advanced regulatory frameworks, positioning the nation as a global leader in sustainable transport innovation.
The Global Rail 2025 event will be a key platform for international collaboration and future-focused dialogue, reinforcing the UAE’s role in shaping the future of mobility.
Global equity markets, including from the U.S., Europe and Asia, rose while oil prices fell on Wednesday, as traders cheered news of ceasefire proposals to de-escalate the ongoing conflict in the Middle East.
Australia's centre-left government has introduced legislation in the parliament to double penalties for fuel price gouging on Wednesday as global supply disruptions due to the Iran war triggered fuel shortages in some rural regions.
Gulf markets ended mixed on Tuesday, with Qatar extending losses while other bourses steadied as investors parsed conflicting signals on potential US-Iran talks.
Australia and the European Union on Tuesday signed a trade deal marking the culmination of years of negotiations, as Europe seeks to diversify its export markets and expand ties beyond its traditional partners.
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