Connect with us

Business

Etihad Rail completes excavation works of all tunnels of the UAE rail Network

Etihad Rail has completed all the rail tunnels of Package D of Stage Two of the UAE National Rail Network, according to Emirates News Agency (WAM).
The rail network will be a key element of the global supply chain, and play a vital role in sustaining the position of the UAE as a global and regional transport, shipping and logistics hub.
For the latest headlines, follow our Google News channel online or via the app.
The network will also support the development of the transport and logistics system, which will enhance the UAE’s journey for the next 50 years.
According to Etihad Rail, the development of the UAE National Rail Network is proceeding according to schedule. It will play a significant role in providing a modern, sustainable network that bolsters the leading regional position of the UAE.

On the completion of the work of excavation works of all the nine tunnels, which extend over 6.9 kilometers, the Ruler of Fujairah, Sheikh Hamad bin Mohammed Al Sharqi, visited the Sakamkam area in the emirate.

He was accompanied by officials from the emirate of Fujairah and Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of Etihad Rail and Board members.
Sheikh Hamad stressed the importance of the completion of excavation of all rail tunnels.
The tunnels were constructed across the Emirates of Fujairah and Ras Al Khaimah as part of Package D of Stage Two, two months ahead of schedule, and according to the highest standards of safety and sustainability.

The Fujairah Ruler lauded the efforts of Etihad Rail to carry out the tunnelling without impacting nearby communities, while upholding the highest measures of safety, security, sustainability, and environmental protection.
Sheikh Theyab, Chairman of the Board of Etihad Rail, expressed his appreciation for the efforts of the governments of Fujairah and Ras Al Khaimah and their unlimited support of the Etihad Rail project, one of the biggest infrastructure projects in the UAE and a primary contributor to the national economy.
He affirmed that this achievement could not have been realized without the remarkable efforts and cooperation of all relevant authorities.
He also thanked the federal and local parties who took part in this vital stage of the project, particularly the Ministry of Interior, underlining the support it provided in facilitating the excavation operations.
He also lauded the cooperation of the communities around the UAE National Rail Network, which contributed to realizing this achievement according to plan and on schedule.
Sheikh Theyab praised the team who managed to overcome major topographical challenges while excavating the tunnels and achieved this milestone without any accidents. This serves as a remarkable addition to the exceptional record of the UAE National Rail Network in terms of safety.
The completion of the excavation of the nine tunnels recorded one million working hours. The project was supervised and carried out by more than 600 experts, specialists, and workers using the latest tunnelling machinery and modern technologies.
Etihad Rail took a series of precautionary measures to limit the noise and vibrations caused by excavation using the explosive blasting methods and their impact on nearby communities, using innovative machinery and equipment that helped overcome these challenges effectively.
Etihad Rail had recently announced the completion of the construction works for Package A of Stage Two of the UAE National Rail Network, which extends over 139 km and connects Ghuwaifat with Stage One of the project, which extends over 264 km from Habshan to Ruwais.

Read more: Fledgling UAE rail network step towards bridging the Gulf

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.

Business

OPEC+ to maintain oil output policy, steers away from plans for September

OPEC+ said on Thursday it would stick to its planned oil output hikes in August but avoided discussing policy from September onwards as prices have risen on tight global supplies and concerns about the groups' collective ability to pump more crude.

Thursday’s meeting of the group that includes Saudi Arabia, Russia and other major oil producers was held days before US President Joe Biden travels to the Middle East, including Riyadh where he is expected to press the Kingdom for more oil.

For the latest headlines, follow our Google News channel online or via the app.

At its last gathering on June 2, OPEC+ decided to increase output each month by 648,000 barrels per day (bpd) in July and August, up from a previous plan to add 432,000 bpd per month.

Washington welcomed the June 2 decision for a faster production rise, after months of Western pressure on OPEC+, which includes the Organization of the Petroleum Exporting Countries.

Oil prices rocketed to their highest levels since 2008 after the United States and Europe imposed sanctions on Russia over its invasion of Ukraine in February, which Moscow calls a “special military operation.”

Prices has slipped since then but were still above $115 on Thursday on tight supply and concerns that OPEC states had little extra capacity to raise output swiftly.

French President Emmanuel Macron claimed that he had been told Saudi Arabia and the United Arab Emirates, the only two OPEC states considered to have significant spare capacity, could barely raise output.

According to Macron, Sheikh Mohamed said the UAE was at its “maximum” capacity and Saudi Arabia could raise production by only 150,000 bpd.

This report was refuted by the Energy and Infrastructure Minister Suhail bin Mohammed al-Mazrouei, who said: “The UAE is producing near to our maximum production capacity based on its current OPEC+ production baseline, which the UAE is committed to until the end of the agreement,” according to the official WAM news agency.

The UAE is able to produce 4.2 million bpd, according to its declared maximum production capacity.

Read more:

Libya suspends oil shipments from key port amid political crisis

OPEC+ set for brief respite before tough decision on new deal

UAE close to OPEC+ oil output ceiling: Energy minister

Continue Reading

Business

Emirates Airline, MBC partner to provide exclusive Shahid content in the air

Emirates Airline has partnered with MBC-owned streaming platform Shahid to offer over 135 hours of premium on-demand content in the flight cabin’s entertainment system from July.

The partnership makes available 15 exclusive shows on the ‘ICE’ system on board, making it the only other platform to offer this content aside from the subscription-based platform, Shahid.

For all the latest headlines follow our Google News channel online or via the app.

“We are excited to welcome the world’s leading Arabic streaming service content onboard – so passengers can catch up on all their favorite entertainment inflight, just as they do at home,” Patrick Brannelly, Emirates’ Senior Vice President Retail, IFE & Connectivity, said in a statement.

He added that Emirates looks forward to grow the partnership further, signaling the possibility of a larger content availability on board in the future.

“We are excited to offer Shahid’s content for Emirates’ customers to enjoy, just in time for the busiest travel season of the year,” Natasha Matos-Hemingway, Chief Commercial and Marketing Officer (VOD) at MBC Group, said.

The Arabic content programs include subtitles to increase accessibly to an international audience, a statement clarified.

The newly added content from Shahid adds to the extensive collection of Arabic content already available on Emirates, including live television channels, films and shows.

Shahid’s biggest original production Rashash will be streamed for the first time by an airline on-board Emirates. Other original titles include Anbar 6, Hell's Gate, Dor Al Omor, Nemra Etnein, al-Shak, al-Jedar al-Rabea, Rahn El Tahqiq, 2020, Bi Saraha Ma’a, Dofa'at Beirut, Aghani Min Hayati, Kaf w Dafoof, and Salon Zahra.

This content originates from Saudi Arabia, Kuwait, Egypt, and Lebanon.

Read more:

Hajj 2022: Emirates to double flights to Medina, 31 new flights to Jeddah

Renowned TV show ‘The Office’ gets Arabic remake in partnership between MBC and BBC

Twitter, MBC expand partnership to include exclusive content

Continue Reading

Business

Emirates Development Bank Approves Trade Finance Facility for JLW to Execute a Data Center in Masdar

 

EDB offers JLW with financing solution for the execution of a key Data Center project in Abu Dhabi

Ahmed Al Naqbi: EDB empowers the national industrial sector through direct and indirect financing of projects with a clear developmental impact on the economy

The Emirates Development Bank (EDB), the key financial engine of the UAE’s economic diversification and industrial transformation agenda, has announced the approval of a trade finance facility to JLW Middle East, to design, build and handover a 60 MW data center (with a day 1 capacity of 31.8MW) located in Masdar City, Abu Dhabi.

The facility was signed by Ahmed Mohamed Al Naqbi, CEO of EDB, and Michael Boufarhat, Chairman and CEO of JLW Middle East at JLW’s offices in Dubai.

Commenting on the announcement, Ahmed Mohamed Al Naqbi said: “A key element of EDB’s strategy to empower the national industrial sector through direct and indirect financing, is our focus on projects with a clear developmental impact on the economy and that facilitate the adoption of advanced technology. The completion of a data center in Masdar will enhance the UAE’s digital infrastructure and gradual transition to a fully-fledged digital economy which accelerates data sovereignty, possibilities of data analytics and other development in data-centric technologies in the UAE.”

He added: “In today’s technology-driven economy, data centers are vital not only to successful and continuous business operations but to the development of advanced technology ecosystems. The financing requirement from JLW, one of the regions leading specialized electro–mechanical engineering, procurement and construction contractors in this field, satisfied a number of our lending eligibility criteria and scored high on our proprietary developmental scorecard, we are delighted we can support the completion of this start-of-the-art facility.”

For his part, Michael Boufarhat said: “This is an important deal for JLW, as it means we are able to proceed on this project with the utmost confidence. As one of the few large specialist MEP contractors in the Middle East and North Africa region, we understand that accessing the right financing for this kind of undertaking can be a challenging and complex process, but EDB’s flexible and highly competitive solution will ensure we will meet our client’s exacting standards. We are delighted to be putting our expertise to ensure the completion of all elements of this project to the highest standards in the industry and to deliver another landmark project for the UAE.”

As part of its contract, JLW will be responsible for the turn-key design, engineering, procurement, installation, testing, commission and handover of the data center.

Continue Reading

Trending