mideast track

UAE and Jordan sign $2.3 billion deal to develop Aqaba rail link

L’imad Holding, Abu Dhabi's new sovereign wealth fund, will team up with multiple Jordanian entities to build and operate the rail connection

Emirates News Agency

Jordan's Prime Minister Jafar Hassan and UAE Vice President Sheikh Mansour bin Zayed meet for the signing ceremony in Abu Dhabi

Jordan and the UAE signed a $2.3 billion agreement to develop a rail project connecting the country’s phosphate and potash mines to the port of Aqaba.

L’imad Holding, the new sovereign wealth fund overseen by Abu Dhabi’s...