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Germany's Bahn in major rail deal in UAEGerman national rail operator Deutsche Bahn has moved closer to a deal worth billions of euros to build a rail network in the United Arab Emirates, the company said after it signed an agreement on Sunday. The memorandum of understanding, s More… |
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Deutsche Bahn signs $17bn Qatar rail dealGerman rail and logistics group Deutsche Bahn has signed a major contract to build high-speed railway lines in Qatar and Bahrain. The projects are expected to cost 17 billion euro ($25 billion), the company said in a statement. Deutsche Ba More… |
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UAE investors eye German rail operatorDeutsche Bahn chief executive Hartmut Mehdorn and chief financial officer Diethelm Sack recently met institutional investors in Dubai and Abu Dhabi about taking stakes in the rail operator, a magazine reported. A spokesman for the German r More… |
