Jindal Shadeed Iron & Steel signs MoU to help build Oman-UAE rail link

Oman-based Jindal Shadeed Iron & Steel has signed a Memorandum of Understanding with Oman & Etihad Rail (OER) for the development of 303km of railway network connecting Sohar in Oman with Al Wathba in the United Arab Emirates, the steelmaker told Fastmarkets on Wednesday August 2.

The project, with an investment value of $3 billion, was intended to connect the Port of Sohar with the UAE’s National Railway Network.

The railway will allow JSIS to...


Serife Durmus

August 02, 2023

17:40 GMT