A new public private partnership law introduced in Dubai is expected to have a big impact on the rail and metro industry. Traditionally, infrastructure projects for the industry have been financed by the government but this new law will increase the number of available options for funding. Discussions on this were a priority at the 11th MEED Mena Rail and Metro Summit which kicked off today. Ed James, Director of Content and Analyses at MEED projects tells ARN how this new law may affect plans for railways in the GCC.
Listen
Former Binance chief guilty of money laundering
Emirates attracts pilots with higher salaries, new perks
Spinneys increases IPO retail offering due to high demand
IMF $1.1 billion tranche to help Pakistan's economic stability, says PM Sharif
UAE, Ukraine conclude terms of trade pact
