High-speed passenger trains to link Oman and UAE

 Muscat: An agreement to set up a path breaking railway network linking Oman and the UAE has been inked.

Worth a  whopping $3 billion (OMR1.160 billion), the deal was signed by Oman Rail—developer and operator of the national railway network in Oman—and Etihad Rail, developer and operator of the national railway network in the United Arab Emirates (UAE).

A firm to be called “Oman and Al-Ittihad Company”,  owned 50-50 by the two sides, will design and operate the network  which will connect Sohar Port and UAE National Railway Network