Particle.news
Download on the App Store

UAE and Jordan Seal $2.3 Billion Freight Railway Deal

A new joint operator will link Jordan’s main mining belts to the Port of Aqaba to cut transport costs and boost exports.

Overview

  • The governments signed an agreement to build a 360‑kilometer rail line from Shidiyah and Ghor Al‑Safi to Aqaba, creating a UAEJordan rail company to move up to 16 million tonnes of phosphates and potash each year.
  • Etihad Rail’s operating arm from the UAE will execute and run the network through the new joint venture with Li'mad Holding and Jordanian stakeholders, with the project valued at $2.3 billion.
  • UEFA rejected Barcelona’s protest over a possible handball by Atlético’s Marc Pobil in the quarterfinal first leg, leaving Barça needing a three‑goal win in Madrid after the 2‑0 home defeat.
  • Paris Saint‑Germain knocked Liverpool out of the Champions League with a 2‑0 win at Anfield after a 2‑0 first leg, a result that has prompted fresh questions in local coverage about coach Arne Slot’s future.
  • Shabab Al Ahli advanced to the AFC Champions League Elite quarterfinals by beating Tractor 3‑0 and also claimed the UAE men’s basketball league title for the 16th time.