Arab Today, arab today uae firm eyes 800m rail deals in saudi arabia
Last Updated : GMT 08:07:17
Arab Today, arab today
Arab Today, arab today

UAE firm eyes $800m rail deals in Saudi Arabia

Arab Today, arab today

Arab Today, arab today UAE firm eyes $800m rail deals in Saudi Arabia

Riyadh - Arabstoday

UAE-based Advance Rail Group said on Tuesday it has formed a partnership with a major Saudi Arabia contractor to bid on more than SR3bn ($800m) worth of future rail opportunities in the kingdom.Advance and Saudi Arabia-based Al Rashid Trading and Contracting Company (RTCC) have signed an agreement to bid for railway projects that are part of Saudi Railway Company\'s (SAR) rail network.Advance\'s general manager Warwick Georgeson said in a statement that the partnership would be mutually beneficial for both companies. \"This strategic joint venture will ensure both parties capitalise on each other\'s strengths,\" he said. \"ARG\'s decision to partner with RTCC was founded on their strong history in the kingdom and their successful completion of several high profile projects in the region.\" Saudi Railway Company is currently prequalifying consortia for several railway opportunities in the country.RTCC is currently completing a contract in Saudi Arabia to construct 817 kilometres of SAR\'s 2,400km North-South Railway.Advance was formed in October 2010, when UAE based-Al Habtoor Leighton Group (HLG) joined forces with leading Australian rail contractor John Holland, to pursue an expected $75bn in rail projects within the GCC region. HLG is a leading multi-disciplined international contractor in MENA and John Holland is Australia\'s largest rail construction and maintenance contractor and operator of railway networks in Australia.Laurie Voyer, HLG CEO and managing director and also an ARG shareholder, said: \"This joint venture with RTCC to bid for some of these key railway opportunities will complement our already established business in Saudi Arabia. \"We have identified the kingdom as a strategic geographic region for our business and the market there is robust and sustainable with predominantly government-funded infrastructure works.\" From / Arabian Business News

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uae firm eyes 800m rail deals in saudi arabia Arab Today, arab today uae firm eyes 800m rail deals in saudi arabia

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday