Etihad Unveils Train Connecting Dubai and Abu Dhabi in 30 Minutes

27 Jan 2025 CW Team

Etihad Rail has announced the launch of a new high-speed passenger train service between Dubai and Abu Dhabi, set to reduce travel time to just 30 minutes. The trains will travel at speeds of up to 350 km/h, significantly improving connectivity between the two emirates.

The announcement was made during an official ceremony at Al Faya Depot, with officials from the Dubai Media Office (DMO) and Abu Dhabi Media Office (ADMO) sharing the news on social media platform X.

The high-speed rail route will pass through major destinations and tourist attractions, providing a fast, efficient travel experience for both residents and visitors. The project is expected to spur socioeconomic development, boost tourism, and enhance the UAE's global competitiveness with sustainable transportation options. Additionally, it is projected to contribute AED 145 billion to the country's GDP over the next 50 years.

Dubai’s Crown Prince, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, commended the project, highlighting its potential to shorten travel distances, save time, and promote a more connected future.

Currently under development, the project has already approved contracts and network designs.

Alongside the high-speed train announcement, the UAE introduced its first passenger rail fleet, capable of reaching speeds of up to 200 km/h. This fleet will link key cities and regional routes, complementing the high-speed service.

The ceremony also marked the opening of the first four passenger rail stations in Abu Dhabi, Dubai, Sharjah, and Fujairah. These stations will integrate with the metro and bus systems, creating a unified public transportation network.

This rail initiative underscores the UAE’s commitment to innovation, sustainability, and improving quality of life through efficient, modern transport infrastructure.

(siasat.com)

Resources

11 May 2026

JSW One Elevates Mayank Gupta as CFO

JSW One Platforms has elevated Mayank Gupta as Chief Financial Officer as the company strengthens its leadership team to support its next phase of growth and institutional expansion.Gupta, who earlier served as Chief Operating Officer, has played a key role in scaling the company’s integrated commerce, supply chain and finance ecosystem. In his new role, he will oversee strategic finance, treasury, governance, capital allocation and financial planning.Gaurav Sachdeva, Joint Managing Director and CEO, JSW One Platforms, said Gupta’s operational understanding and financial expertise make him..

India and EU Launch 15.2 Million Euro EV Battery Recycling Initiative

India and the European Union launched a third coordinated call for proposals on the recycling of electric vehicle batteries under the India-EU Trade and Technology Council Working Group two on five May 2026, with submissions due on 15 September 2026. The initiative is aimed at securing critical raw materials and accelerating the transition to a circular economy while deepening bilateral relations. The announcement was made by officials from the Office of the Principal Scientific Adviser and the European Commission. The call has a combined funding pool of 15.2 million euros (15.2 mn euros) and ..

Aptus Value Posts Strong FY26 Results And Asset Quality

Aptus Value Housing Finance India Limited on six May 2026 reported results for the quarter and year ended 31 March 2026. Assets under management (AUM) stood at Rs 131.07 bn, up 21 per cent year on year. The company said improved field execution and sustained demand supported the growth. Disbursements in the fourth quarter were Rs 12.42 bn, up 17 per cent year on year, and full year disbursements were Rs 40.09 bn, up 11 per cent. Total income for FY26 was Rs 22.46 bn, up 25 per cent, and net profit for the year was Rs 9.43 bn, a rise of 26 per cent. Quarterly net profit was Rs 2.61 bn. For the ..