• Etihad Rail's inspection train travels from Saih Shuaib to Al Maha Forest in Abu Dhabi, as officials monitor progress in the second stage of the national railway project. All photos: Victor Besa / The National
    Etihad Rail's inspection train travels from Saih Shuaib to Al Maha Forest in Abu Dhabi, as officials monitor progress in the second stage of the national railway project. All photos: Victor Besa / The National
  • The inspection train is designated for the supervision and inspection of construction works.
    The inspection train is designated for the supervision and inspection of construction works.
  • Railroad track workers along the Saih Shuaib line.
    Railroad track workers along the Saih Shuaib line.
  • From Saih Shuaib, tracks are being laid north toward Dubai and south toward Abu Dhabi, creating a rail link for the first time between the two emirates.
    From Saih Shuaib, tracks are being laid north toward Dubai and south toward Abu Dhabi, creating a rail link for the first time between the two emirates.
  • Stage one of Etihad Rail, a 264-kilometre line, has been fully operational since January 2016.
    Stage one of Etihad Rail, a 264-kilometre line, has been fully operational since January 2016.
  • Two trains transport up to 22,000 tonnes of granulated sulphur each day from gas fields in Shah and Habshan to an export point in Ruwais.
    Two trains transport up to 22,000 tonnes of granulated sulphur each day from gas fields in Shah and Habshan to an export point in Ruwais.
  • The second stage of the network will extend from Ghuwaifat on the border with Saudi Arabia and connect the emirates of Abu Dhabi, Dubai, Sharjah, Ras Al Khaimah and Fujairah on the east coast.
    The second stage of the network will extend from Ghuwaifat on the border with Saudi Arabia and connect the emirates of Abu Dhabi, Dubai, Sharjah, Ras Al Khaimah and Fujairah on the east coast.
  • The fleet will expand from seven to 45 locomotives, transporting 60 million tonnes of cargo a year.
    The fleet will expand from seven to 45 locomotives, transporting 60 million tonnes of cargo a year.
  • In March, Etihad Rail announced it had completed 34 per cent of the network.
    In March, Etihad Rail announced it had completed 34 per cent of the network.
  • After the completion of stage two and other future expansion works, the rail network will stretch about 1,200km across the country.
    After the completion of stage two and other future expansion works, the rail network will stretch about 1,200km across the country.
  • The rail service will carry both passengers and freight.
    The rail service will carry both passengers and freight.
  • Omar Al Sebeyi, acting executive director of the commercial sector at Etihad Rail said everyone was working hard to achieve their deadlines.
    Omar Al Sebeyi, acting executive director of the commercial sector at Etihad Rail said everyone was working hard to achieve their deadlines.
  • Railroad cars about to be loaded with metal rails, rocks and other track-building materials for transporting down the line.
    Railroad cars about to be loaded with metal rails, rocks and other track-building materials for transporting down the line.
  • A locomotive at the railroad yard.
    A locomotive at the railroad yard.
  • Omar Al Sebeyi, acting executive director of the commercial sector at Etihad Rail points out changes to the track.
    Omar Al Sebeyi, acting executive director of the commercial sector at Etihad Rail points out changes to the track.

Etihad Rail network remains on track


Gillian Duncan
  • English
  • Arabic

Construction of the UAE’s rail network remains on track.

Stage one of Etihad Rail is already complete and operating along a 264-kilometre route from Shah and Habshan to Ruwais, transporting sulphur.

Stage two links the UAE and Saudi Arabia from Fujairah Port to Ghuweifat, through Mussafah, Khalifa Port and Jebel Ali Port.

The complete network will measure about 1,200km.

In late September, Etihad Rail said important construction work for the second stage of the nationwide scheme had been finished two months ahead of schedule.

The company this week revealed the UAE’s first marine rail bridge was 50 per cent complete.

The bridge, which is more than one kilometre long, will connect Khalifa Port with the UAE National Rail Network and play an important role in transporting goods across the region, reducing freight and trade costs.

Omar Al Sebeyi, acting executive director of the commercial sector at Etihad Rail, said the group's focus remains on freight.

“Right now in stage two, we are looking into the main backbone, which is the freight.,” he said, speaking at an event to announce the relocation of the Middle East Rail show from Dubai to Abu Dhabi in May 2022.

Once fully operational, the fleet of trains and wagons running on the Etihad Rail network will replace 5,600 daily trips by lorries on the road.

A fully loaded train emits up to 80 per cent less carbon dioxide than lorries transporting the same tonnage.

Based on traffic volume forecasts, the Etihad Rail network will reduce greenhouse gases by more than 2.2 million tonnes annually, the equivalent of taking up to 375,000 vehicles off the roads.

Wagons running on the Etihad Rail tracks will ship anything from consumer goods to perishable food and beverages.

Some of the typical products expected to move across the Emirates include hay, ceramics, polymers, sugar, metal, waste and shipping containers.

Etihad Rail is one of the main sponsors of the Middle East Rail 2022 conference, which will take place at the Abu Dhabi National Exhibition Centre on May 17 and 18.

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Stars: Ryan Reynolds, Adria Arjona, Dave Franco

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Sand storm

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Dust storm

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  • Duration: Can linger for days
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  • Source: Can be carried from distant regions
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UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

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Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

MATCH INFO

Karnataka Tuskers 110-5 (10 ovs)

Tharanga 48, Shafiq 34, Rampaul 2-16

Delhi Bulls 91-8 (10 ovs)

Mathews 31, Rimmington 3-28

Karnataka Tuskers win by 19 runs

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
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  • Level 1 has a valet service if you choose not to park in the basement level. This level houses all the kitchenware, including covetable brand French Bull, along with a wide array of outdoor furnishings, lamps and lighting solutions, textiles like curtains, towels, cushions and bedding, and plenty of other home accessories.
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MATCH INFO

Pakistan 106-8 (20 ovs)

Iftikhar 45, Richardson 3-18

Australia 109-0 (11.5 ovs)

Warner 48 no, Finch 52 no

Australia win series 2-0

Updated: November 09, 2021, 4:37 PM