FINANCIAL NEWS

New regional deadline in Gulf States by 2021

01 Oct 2016

(MENAFN) UAE’s Minister of Infrastructure confirmed that the six Gulf countries have agreed in principle to push back the completion date of a 2,100 kilometer transnational rail network stretching from Kuwait to Oman by three years to 2021.

Also, Ministers of the six countries met in Riyadh in April to discuss a more plausible deadline to connect the six states.

The UAE minister, told reporters at the ministry: “In principle we agreed on 2021 as a ceiling.”

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