New law expected to increase funding options for rail projects

Monday, 5 October 2015 14:36

A new public private partnership law introduced in Dubai is expected to have a big impact on the rail and metro industry. Traditionally, infrastructure projects for the industry have been financed by the government but this new law will increase the number of available options for funding. Discussions on this were a priority at the 11th MEED Mena Rail and Metro Summit which kicked off today. Ed James, Director of Content and Analyses at MEED projects tells ARN how this new law may affect plans for railways in the GCC.

Listen

More from Business

Borouge shareholders approve $1.32 billion 2025 dividend

Shareholders in Abu Dhabi-listed Borouge approved a $1.32 billion dividend for 2025 on Tuesday, as the petrochemicals company reported strong financial performance.
Emirates NBD launches business support package for SMEs

Emirates NBD has unveiled a business support package that consists of a set of temporary fee-relief measures to help SMEs manage day-to-day operations over the next few months.
H.H. Sheikh Khaled holds talks with Nubank CEO

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has explored investment opportunities offered in the Emirate during talks with David Vélez, Founder and CEO of Nubank.
'All roads' lead to higher prices, slower growth, IMF chief says

The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund said on Monday, ahead of a fresh forecast for the world economy planned by the global lender for next week.
ADNOC Gas shareholders approve record $3.6 billion dividend for 2025

ADNOC Gas confirmed shareholder approval of a record $3.584 billion dividend for 2025, with a final dividend of $896 million payable in May, at its Annual General Meeting on Monday.

Recently Played

Latest Blogs

Pinoy Tribe with the Filipino Senior Citizens - Dubai
Pinoy Expat Corner

What inspired the establishment of the Filipino senior citizens group here in the UAE?
Pinoy Bulletin March 23 - 29, 2026
Pinoy Expat Corner

Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Pinoy Tribe with Filipino Yachtsmen Association UAE
Pinoy Expat Corner

What does someone working on a yacht usually do? Are they often out at sea, and how long do they usually stay there?

New law expected to increase funding options for rail projects

More from Business

Recently Played

Latest Blogs

Our Shows

Quick Links

Listen on the Go

New law expected to increase funding options for rail projects

Share

More from Business

Recently Played

Latest Blogs

Our Shows

Quick Links

Listen on the Go