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October 29th, 2010
Greater Mideast is the Hot Spot for Railway Investment

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ABU DHABI METRO – In aim to curb traffic congestion, Iran is creating 430 km of track and 60 km of tram rails, while Jordan is planning to boost its trade with a nationwide freight networking reaching up to 942 km, the UAE-based The National reported on Wednesday. Both projects face obstacles in raising capital, with Iran’s project falls short for it needs to raise $18.5 billion. Read More