Etihad to launch passenger train service in 2026 traversing UAE

Etihad Rail’s UAE-wide passenger train service will launch next year, the company has confirmed.

The news will be welcomed by residents across the country, who have been eagerly awaiting the passenger line since plans were unveiled in 2021.

It was revealed in January that the first four passenger stations would be in Abu Dhabi, Dubai, Sharjah and Fujairah, but details of their locations have not yet been officially confirmed.

The Dubai station is believed to be near Jumeirah Golf Estates, The National reported.

The first passenger train is separate from the high-speed passenger train announced in January, which will operate a service between Abu Dhabi and Dubai with its own set of stations.

Mubadala to launch U.S. mental healthcare company, executive says

Mubadala is preparing to launch a mental healthcare company geared toward young adults in the U.S. under its healthcare and life sciences unit, Alaa Halawa said.

The Abu Dhabi sovereign wealth fund’s head of U.S. ventures also offered a glimpse into his mandate as the head of the investment fund’s venture capital strategy, which is focused on healthcare and life sciences. Halawa’s unit is focused on early-stage investing across three verticals, he said, naming therapeutics and pharmaceuticals, healthcare technology and services as well as backing company formations and growth investing.

Halawa spoke on a panel at Milken Institute Global Conference on Wednesday.