logistics
about 1 hour agoJordan-UAE railway joint venture holds inaugural board meeting, elects Thneibat as chairman
A UAE-Jordanian Railway Company joint venture held its inaugural board meeting and elected Mohammad Thneibat as chairman to advance a $2.3 billion, 360-km railway linking Jordan's phosphate and potash hubs to the Port of Aqaba. The venture is an equal partnership between Jordanian state/mining entities and UAE investor L'Imad Holding, with Etihad Rail providing technical advisory support.