Etihad Rail has signed four preliminary agreements with international companies for rail operations, maintenance and passenger stations as the national railway project moves ahead.
The agreements were signed with SNCF International — France's state-owned railway company, French rail company Alstom, Progress Rail — which provides railroad and transit products and services, and Thales Group — which specialises in advanced technologies, Etihad Rail said on Friday.
“Our partners play a key role in supporting us to achieve our mission of developing and operating a rail network that incorporates state-of-the-art technologies, and provides safe, sustainable and reliable solutions,” said Ahmed Al Musawa, executive director of the passenger sector at Etihad Rail.
“Through partnering with some of the biggest names in the rail, cargo and transportation industry, we assure our clients that we are developing the UAE National Rail Network as per the highest international standards, to meet their requirements and support them in meeting their business objectives, driving a sustainable, resilient and cost-effective supply chain."
Sustainability will be a key part of Etihad Rail's collaboration with Alstom, as they work on transitioning to zero-emission solutions, while the collaboration with Thales is focused on the digitalisation of services.
With Progress Rail, discussions will focus on "potential opportunities for the development and deployment of an autonomous, zero-emissions port-to-port concept, which could serve as the foundation for future rail operations globally", Etihad Rail said.
The Etihad Rail line will span approximately 1,200km. It will link 11 cities and areas across the UAE, from the border with Saudi Arabia to Fujairah in the north.
Etihad Rail's new high-tech trains were unveiled last month with the diesel-and-electricity-operated locomotives providing 4,600-brake horsepower.
They are also equipped with the latest filtering innovations such as the pulse sand filtering system, which ensures that the train operates at high effectiveness and efficiency when passing through desert regions.
They feature on-board technologies and systems such as the European Train Control System (ETCS) Level 2, a highly advanced signalling system, to bolster safety, reliability and efficiency.
Work on the project has progressed quickly this year, with more than 70 per of the line constructed as of last month.
No start date for the passenger service has been made public, but officials have said more than 36 million people will use the service annually by 2030.
The first passenger station will be built in Fujairah, and the trains will travel at speeds up to 200 kilometres an hour with the capacity to carry about 400 people.
Travelling from Abu Dhabi to Dubai, and from Dubai to Fujairah, will take 50 minutes, while Abu Dhabi to Al Ruwais will take 70 minutes, and Abu Dhabi to Fujairah 100 minutes.
Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
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Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
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Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
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Engine: Dual-motor all-wheel-drive electric
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BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
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Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
The past winners
2009 - Sebastian Vettel (Red Bull)
2010 - Sebastian Vettel (Red Bull)
2011 - Lewis Hamilton (McLaren)
2012 - Kimi Raikkonen (Lotus)
2013 - Sebastian Vettel (Red Bull)
2014 - Lewis Hamilton (Mercedes)
2015 - Nico Rosberg (Mercedes)
2016 - Lewis Hamilton (Mercedes)
2017 - Valtteri Bottas (Mercedes)
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
Company%20Profile
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The specs
Engine: 2.9-litre, V6 twin-turbo
Transmission: seven-speed PDK dual clutch automatic
Power: 375bhp
Torque: 520Nm
Price: Dh332,800
On sale: now
Famous left-handers
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- Albert Einstein
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Mia Man’s tips for fermentation
- Start with a simple recipe such as yogurt or sauerkraut
- Keep your hands and kitchen tools clean. Sanitize knives, cutting boards, tongs and storage jars with boiling water before you start.
- Mold is bad: the colour pink is a sign of mold. If yogurt turns pink as it ferments, you need to discard it and start again. For kraut, if you remove the top leaves and see any sign of mold, you should discard the batch.
- Always use clean, closed, airtight lids and containers such as mason jars when fermenting yogurt and kraut. Keep the lid closed to prevent insects and contaminants from getting in.
Indoor Cricket World Cup
Venue Insportz, Dubai, September 16-23
UAE squad Saqib Nazir (captain), Aaqib Malik, Fahad Al Hashmi, Isuru Umesh, Nadir Hussain, Sachin Talwar, Nashwan Nasir, Prashath Kumara, Ramveer Rai, Sameer Nayyak, Umar Shah, Vikrant Shetty