By WAM www.gulfnews.com
Abu Dhabi: Etihad Rail has signed a Memorandum of Understanding (MoU) with Saudi Railway Company (SAR) that will enhance collaboration and coordination for the rail industry among GCC members.
The MoU seeks to introduce common solutions, leverage best practice and allow for the free exchange of ideas and knowledge to improve the safety, efficiency, and economy of both countries’ railways networks.
The agreement will serve as a partnership between both parties and will enhance the relationship and long-term collaboration that will ultimately promote and lead to the successful economic development of the railway industry in the UAE and the Kingdom of Saudi Arabia. Committees including representatives from both parties will be created and collaborative meetings, seminars, and workshops will be held on a regular basis.
“We are proud to announce this important MoU with SAR,” said Faris Saif Al Mazroui, Acting CEO of Etihad Rail. “We already work closely with our GCC neighbours in an effort to ensure that technical standards and technology for the railway network in the GCC are consistent, and this agreement will pave the way for greater cooperation, collaboration, and the exchange of knowledge with SAR.” More info