The UAE’s first passenger railway stations revealed
2 September 2024
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The location of Etihad Rail’s conventional speed main passenger stations in Dubai, Abu Dhabi and Fujairah can be revealed for the first time.
The specific locations of each station are:
- Dubai: behind the Jumeirah Golf Estates metro station on the Red Line
- Abu Dhabi: along the pipeline corridor separating Mussafah Industrial Area and Mohammed Bin Zayed City, between Dalma Mall and Musaffah bus station next to Phoenix Hospital
- Fujairah: parallel to Al-Hilal Street within the Al-Hilal City development
All three of the elevated stations are being constructed by China Railway International Group under a design and build contract, with China Southwest Architectural Design & Research Institute (CSWADI) and the local Jouzy Consulting Engineers as its design consultants.
Passenger hubs
The stations, together with the Sharjah University Station, will be the main passenger hubs for the conventional speed railway, which will travel at speeds of up to 200 kilometres an hour (km/h) along the existing 1,200 kilometre-long Etihad Rail freight track running between Al-Sila in the west to Fujairah in the east.
While the planned Fujairah station sits on the existing track, the Dubai and Abu Dhabi stations lie on two spur lines specifically built to serve them.
The former splits off from the spur line serving Jebel Ali Port at Al-Yalayis Street, opposite Dubai Investment Park, before running on to the Jumeirah Golf Estates metro station at the junction of Al-Yalayis Street and Sheikh Mohammed Bin Zayed Road. From there it will connect to the Dubai Metro Red Line.
The Abu Dhabi station will diverge from the main line between the two interchanges linking Skeikh Khalifa Bin Zayed Al-Nahyan International Road with Al-Rawdah Road and Al-Umniyah Street.
The two dedicated spur lines serving both stations are being built by Etihad Rail subsidiary National Infrastructure Construction Company (NICC) and its subcontractor National Projects & Construction (NPC).
The spur line linking the planned Sharjah University Station and the main line is being built under a separate contract that was awarded in March to the local Tristar Engineering & Construction.
There are also understood to be several smaller passenger stations planned at grade level along the existing network, serving local traffic.
US-based Jacobs is providing overall engineering consulting and construction services for the client.
The precise locations of the three main stations on its conventional speed project have never been disclosed by Etihad Rail. However, with works under way on the spur lines and the station buildings themselves, there is now concrete evidence of their locations. Construction is expected to take 18-24 months.
High speed
The conventional speed passenger railway, using the existing freight network, is a precursor to the planned high-speed railway linking the centres of Abu Dhabi and Dubai. Soil testing and early works have already begun on the multibillion-dollar project, while contractors were asked to confirm their joint venture groupings by late August.
The standard definition of a high-speed railway is for lines capable of running speeds of more than 250km/h. As such, much of the new dedicated track is expected to be either elevated or underground, in order to be as straight as possible, especially if its stations will be located at the heart of both cities.
Even if work were to begin immediately, experience from other high-speed rail projects globally suggests that the project is unlikely to be fully operational until at least 2030.
Read more: Contractors win Oman-Etihad Rail packages
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15 August 2025
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Saudi Aramco has signed an $11bn lease-and-leaseback deal for gas processing facilities at its Jafurah unconventional gas reserve, with a consortium led by funds managed by Global Infrastructure Partners (GIP), part of US asset manager BlackRock.
Under the transaction, a newly formed subsidiary – Jafurah Midstream Gas Company (JMGC) – will lease development and usage rights to the Jafurah field gas processing plant and the Riyas natural gas liquids (NGL) fractionation facility.
After 20 years, JMGC will lease the assets back to Aramco. JMGC will receive a tariff payable by Aramco in exchange for granting Aramco the exclusive right to receive, process and treat raw gas from the Jafurah resource base.
Aramco will hold a 51% majority stake in JMGC, while investors led by GIP will hold the remaining 49%.
“The transaction, which will not impose any restrictions on Aramco’s production volumes, is expected to close as soon as practicable, subject to customary closing conditions,” Aramco said in a statement on 14 August.
This is GIP’s second oil and gas investment in Saudi Arabia. Previously, GIP’s parent company, BlackRock, led a consortium including Saudi Arabia’s Hassana Investment Company in a similar $15.5bn lease-and-leaseback deal for Aramco’s natural gas pipeline network.
Under the December 2021 agreement, the BlackRock-led consortium acquired a 49% stake in Aramco Gas Pipelines Company, with Aramco retaining 51%. The consortium holds a 20‑year lease on the pipeline network, after which usage rights revert to Aramco.
Jafurah unconventional gas base
Located in Saudi Arabia’s Eastern Province, the Jafurah basin is the largest liquid-rich shale gas play in the Middle East, spanning around 17,000 square kilometres. The reserve is estimated to contain 229 trillion cubic feet of gas and 75 billion stock-tank barrels of condensate.
The Jafurah project is central to Aramco’s goal of increasing gas production capacity by 60% between 2021 and 2030 to meet rising global demand. The company expects lifecycle investment in Jafurah to exceed $100bn.
In February 2020, Aramco received a capital expenditure grant of $110bn from the Saudi government for the long-term phased development of the Jafurah unconventional gas resource base.
“Jafurah is a cornerstone of our ambitious gas expansion programme, and the GIP-led consortium’s participation as investors in a key component of our unconventional gas operations demonstrates the attractive value proposition of the project,” Amin H Nasser, Aramco president and CEO, said.
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UAE tenders carbon-capture-ready power plant
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Saudi Arabia invites Riyadh stadium PPP interest
15 August 2025
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Saudi Arabia’s Ministry of Sport (MoS), in collaboration with the National Centre for Privatisation & PPP (NCP) and the Riyadh Region Municipality, has issued an expression of interest and request for qualifications notice for the development of the Prince Faisal Bin Fahad Sports City in Riyadh.
The project will be delivered as a public-private partnership (PPP) under a design, build, finance, operate and maintain model, with a contract duration of 20 to 30 years.
The notice was issued on 14 August, with a submission deadline of 13 October.
The project involves the construction of a stadium in the north of King Abdullah Park in the Al-Malaz area of Riyadh.
The stadium will have a capacity of about 47,000 spectators.
It will host major domestic and international football events, including matches during the 2034 Fifa World Cup.
The scheme is the first of several stadiums expected to be delivered on a PPP basis in preparation for the 2034 Fifa World Cup in Saudi Arabia.
In July, the MoS and NCP announced the winning bidders for the rights to own and operate three sports clubs in the kingdom.
The agreement marks the first time a foreign investor has owned a Saudi football club, with US-based investment firm Harburg Group winning ownership rights to Al-Kholood Football Club.
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Medina-based firm Awdah Al-Biladi & Sons acquired ownership of Al-Ansar Football Club. The club is based in Medina and plays in the Saudi Second Division, the third tier of Saudi Arabia’s football league.
Saudi PPP market
The value of PPP contracts in Saudi Arabia has risen sharply over the past two years, as the government seeks to develop projects through the private sector and diversify funding sources.
According to data from regional projects tracker MEED Projects, the value of PPP concession contracts hit an all-time high of $28.2bn in 2023, equivalent to more than 23% of the total value of all project contracts awarded that year. Although this figure fell to 18.3% last year, it was still far higher than the historical average in the kingdom.
The figures are even more striking when considering only government spending.
The value of signed PPP contracts totalled more than one-third of government or government-related project awards in 2023, and more than one-quarter in 2024. This compares to an average of 15.6% between 2019 and 2022, and just 3.5% in 2018.
Government contracts include awards made by ministries, municipalities and royal commissions, in addition to state-funded project clients such as the Saudi Water Authority, National Housing Company and Jeddah Airports Company. Subsidiaries of the sovereign wealth vehicle, the Public Investment Fund – such as Neom and Rua Al-Madinah – are also included.
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Syria charts post-war reconstruction course
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On 7 August, Syria signed a $4bn memorandum of understanding (MoU) to develop and expand Damascus International airport with a consortium comprising Qatari, Turkish and US-based companies.
The MoU was the latest of several foreign investment agreements signed in recent months, following the toppling of the Bashar Al-Assad government in December.
Since then, Syria’s new president, Ahmed Al-Sharaa, has overseen a political transition and made groundbreaking progress in reaching agreements, most critical of which was the rollback of EU and US sanctions.
For decades, the sanctions have kept Syria severely isolated from the global financial system and crippled its economy, while today, they are a critical hindrance to the reconstruction efforts needed after more than a decade of conflict.
The pivotal moment came in May when US President Donald Trump announced his intention to lift all US sanctions on Syria.
This decision came after consultations with Saudi Crown Prince Mohammed Bin Salman Bin Abdulaziz Al-Saud and Turkish President Recep Tayyip Erdogan, and in conjunction with a pre-arranged visit by Al-Sharaa to Saudi Arabia to meet with Trump in Riyadh.
A few weeks later, the EU also announced the lifting of its economic sanctions on Syria. The move removed a major obstacle to the ability of the government in Damascus to restart the Syrian economy and access the international financial aid and support necessary to begin rebuilding the country and its infrastructure.
Shortly afterwards, Syria completed its first international bank transfer in 14 years using the Swift network, marking a significant milestone in the economic rehabilitation of the country following its emergence from civil war and sanctions.
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The US formally lifted most of its sanctions on Syria in July through an executive order signed by Trump. The move largely dismantled a system in place since 2004 and formalised the pledge made by the US president in May.
Foreign investment agreements
Wider international relations hold the key to the Syrian economy’s prospects. In particular, Gulf countries are a potential source of investment that Al-Sharaa is keen to exploit, and Qatar, Saudi Arabia and the UAE have been making the running.
In July, Saudi Arabia signed over 47 investment agreements, worth more than SR24bn ($6.4bn), as part of its commitment to rebuilding Syria. The agreements cover sectors including real estate, infrastructure, finance, communications and information technology, energy, industry, tourism, trade and investment, and healthcare, among others.
About $3bn of the total investment has been earmarked to be spent on rebuilding Syrian infrastructure that was badly damaged in the war. As part of the deal, Saudi Arabia will also construct three new cement factories in the country.
Another $1bn will be invested by Saudi Arabia-based telecommunications companies to upgrade Syria’s telecom sector.
Other sectors, including agriculture and finance, are also expected to benefit from these agreements.
The investment agreements with Saudi Arabia follow Syria’s signing of a $7bn energy deal with a consortium of Qatari, Turkish and US-based companies to help revive its electricity sector.
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A UCC Holding-led group also signed a $4bn MoU to develop and expand Damascus International airport.
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The project will be implemented under a build-operate-transfer model and covers the expansion of the Damascus International airport in five phases.
The expansion will ultimately increase the airport's capacity to handle 31 million passengers annually.
The agreement also includes the construction of a 50-kilometre road leading to the airport and $250m in financing to purchase up to 10 Airbus A320 aeroplanes for Syrian Airlines.
UAE ports operator DP World also signed an agreement in July with Syria’s General Authority for Land & Sea Ports to develop a port in the city of Tartous.
The estimated $800m deal will allow DP World to develop, manage and operate a multipurpose terminal in Tartous. The concession period is 30 years. The deal also includes cooperation in establishing industrial and free trade zones.
The recent signing of agreements by Syria to attract foreign investments marks a pivotal step towards economic revitalisation, signalling a potential shift in the nation's post-conflict recovery and a renewed commitment to fostering international partnerships for sustainable development.
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Contractor wins $77m Bahrain highway expansion
14 August 2025
Bahraini construction firm Haji Hassan Group has secured a BD29m ($77m) contract to expand the Budaiya Highway project in Bahrain.
The contract was awarded by the Bahrain Ministry of Works.
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