Latest Business News in UAE & Globally | Gulf News

UAE, Jordan launch $2.3b rail project to Aqaba

$2.3 billion rail deal to cut transport costs and boost phosphate, potash exports

Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, and Dr. Jafar Hassan, Prime Minister of the Hashemite Kingdom of Jordan, today witnessed the signing of an agreement between the UAE and Jordan to develop a railway network in Jordan and establish the UAE–Jordan Railway Company.

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