Latest news with #regionalintegration
Zawya
2 days ago
- Business
- Zawya
GCC rail projects paving the way for sustainable future, says expert
The Gulf region is witnessing an unprecedented rail boom that is setting the stage for a new era of regional integration and sustainable economic growth, according to David Franks, Managing Director of Keolis MHI. He said the transformation is being powered by multi-billion-dollar investments in modern infrastructure across the GCC. Franks pointed out that projects such as Etihad Rail in the UAE, the Hafeet Rail connection with Oman, and Saudi Arabia's Landbridge are central to a broader vision of regional connectivity. These initiatives, he added, are designed to link cities, ports, and economic hubs through a seamless network. The 2,177-km GCC Railway project, he explained, reflects the shared ambition of Gulf states to create an integrated transport ecosystem. Franks highlighted the role of rail in achieving environmental sustainability, calling it one of the most energy-efficient and low-emission modes of transport. He pointed out that the region has already begun pioneering efforts in this area, most notably with Saudi Arabia's trial of a hydrogen-powered train, the first of its kind in the Middle East. The industry expert stressed that the ongoing transformation in Gulf transportation is underpinned by advanced technologies, including artificial intelligence, predictive maintenance systems, smart ticketing and real-time passenger updates. These innovations, he said, are enhancing passenger experience while improving efficiency, safety, and operational excellence. He also emphasized Keolis MHI's commitment to this evolution, noting the company's global operating experience across four continents. "We are actively transferring international best practices to the region, ensuring that safety, innovation, and quality are embedded into every aspect of operation," stated Franks. Beyond operations, Franks said Keolis MHI is also contributing to the development of smart, connected cities. This includes investing in local talent, supporting Emiratisation and localisation initiatives, and improving last-mile connectivity to enhance quality of life and foster inclusive transport systems, he added. He underscored the importance of strong public-private partnerships in delivering long-term success for large-scale rail infrastructure. According to Franks, close collaboration between governments and operators is critical to ensure that projects are delivered efficiently, resiliently, and in line with public expectations. Outlining key milestones in the region's rail agenda, he said the second phase of Etihad Rail commenced operations in February 2023, extending the network to 900km. While freight services are operational, passenger services are still under planning. He also referenced the Hafeet Rail project - a $3 billion joint venture between Etihad Rail, Oman Rail and Mubadala - which aims to link Abu Dhabi with the port city of Sohar via a 303-km line. On the Saudi front, Franks said the Landbridge Project consists of a 950-km freight line between Jeddah and Riyadh, and an additional 115-kilometre track connecting Dammam to Jubail. This network, he stated, will significantly boost east-west freight movement across the Kingdom. The top Keolis MHI official also hailed Saudi Arabia's hydrogen train pilot, conducted in 2024, as a regional milestone that signals a broader shift toward clean and sustainable transport technologies. Looking ahead, he said the GCC Railway Network, slated for completion by 2030, will redefine regional mobility by streamlining trade and facilitating smooth cross-border passenger movement across Gulf nations. Franks concluded by stating that the region's rail renaissance goes beyond infrastructure development. It represents a global model for modern, sustainable, and tech-enabled transport systems built on innovation, collaboration, and a forward-looking vision, he added. Copyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
17-07-2025
- Business
- Zawya
GCC secretary-general stresses commitment to completing Gulf railway project on schedule
RIYADH — Gulf Cooperation Council (GCC) Secretary-General Jasem Albudaiwi reaffirmed on Wednesday the bloc's commitment to completing the GCC railway project according to its planned schedule, underscoring its role in enhancing development and prosperity across member states. His remarks came during a progress meeting held at the GCC General Secretariat in Riyadh, where senior officials from the Secretariat and the Gulf Railway Authority reviewed the latest updates on the transnational railway initiative. Albudaiwi was briefed by the Authority's Director General through a visual presentation detailing the project's current status, implementation milestones, and the ongoing coordination between member states. He commended the advanced progress and efforts made by the specialized teams within the member countries and the Gulf Railway Authority, noting that the project represents a key pillar of regional integration. The secretary-general also urged the Authority to intensify its efforts to ensure the timely delivery of the project, emphasizing that the railway will meet the aspirations of Gulf citizens and serve as a cornerstone of economic and logistical connectivity within the region. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
10-07-2025
- Politics
- Zawya
Economic Community of West African States (ECOWAS) celebrates its fiftieth anniversary in Cotonou: a march for regional unity and solidarity
As part of the celebrations marking the fiftieth anniversary of the Economic Community of West African States (ECOWAS), the ECOWAS Representation in Benin, with the support of the Beninese Government, the West African Power Pool (WAPP) and the Multinational Maritime Coordination Centre (MMCC) Zone E, organised a commemorative march in Cotonou on Saturday 28th of June 2025. Titled the 'Jubilee Walk', the event brought together over 300 participants from state and diplomatic institutions, ECOWAS specialised agencies, project partners, West African communities, youth organisations, NGOs, students and teachers. The march set off from the Place de l'Amazone at 7.00am and took a looping route through the Place Bio Guéra, returning to its starting point at around 10.00am. It was led by a high-level delegation including Ambassador Amadou DIONGUE, ECOWAS Resident Representative in Benin, the representative of the Minister for Sport, the Director of CMMC Zone E and the representative of the WAPP Secretary General. The presence of the Resident Coordinator of the United Nations System, the Resident Representatives of UEMOA and UNFPA, as well as Ambassador Francis OKE, former Permanent Representative of the ECOWAS to the African Union, enhanced the solemnity of the event. In keeping with the theme of the golden jubilee, 'Stronger together for a brighter future'. the march was punctuated by messages in favour of unity and solidarity, the essential foundations of successful regional integration. In his speech, the ECOWAS Resident Representative said: 'This march symbolises our shared commitment to an ECOWAS of peoples, united and in solidarity. In the face of current challenges, it is imperative that we unite our voices on the international stage to defend the interests of our region and accelerate the implementation of our integration policies, in order to create opportunities for our peoples'. The ceremony ended with words of thanks and encouragement from Ambassador Francis OKE, the Resident Coordinator of the United Nations System, the representative of the Minister for Sport and the Resident Representative of the ECOWAS. They all stressed that the support, solidarity and unity of the peoples are the foundation of West African political and economic integration. The morning ended in a convivial atmosphere, with refreshments and a family photo. Distributed by APO Group on behalf of Economic Community of West African States (ECOWAS).
Arab News
04-07-2025
- Business
- Arab News
PM Sharif discusses trade, investment and regional ties with ECO leaders on summit sidelines
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday held a series of meetings with the presidents of Türkiye, Iran, Azerbaijan and Uzbekistan on the sidelines of the 17th Economic Cooperation Organization (ECO) summit in Khankendi, Azerbaijan, reaffirming Pakistan's commitment to regional peace, connectivity and enhanced bilateral trade and investment. The two-day summit, held from July 3-4, focused on promoting economic cooperation, sustainable development and regional integration among ECO member states. Sharif led Pakistan's delegation, using the opportunity to deepen bilateral and multilateral ties with key regional partners. In his meeting with Turkish President Recep Tayyip Erdoğan, the two leaders reviewed the full spectrum of bilateral relations and vowed to accelerate progress in critical areas. 'The two leaders reiterated their resolve to bring about meaningful progress in relations... [emphasizing] the importance of deepening cooperation in trade, defense, energy, connectivity and investment,' a statement from the Prime Minister's Office (PMO) said. To advance this agenda, both sides agreed to exchange high-level delegations to finalize understandings reached between the sides. Sharif reaffirmed Pakistan's 'unwavering commitment' to working closely with Türkiye to promote peace, stability and sustainable development in the region. In another key engagement, the Pakistani prime minister met Iranian President Dr. Masoud Pezeshkian, with both leaders reviewing the implementation of previous agreements to strengthen bilateral ties. Sharif praised Iran's leadership during the recent conflict with Israel and welcomed Tehran's decision to agree to a ceasefire. 'The Prime Minister reaffirmed Pakistan's unwavering solidarity with the people and Government of Iran and Pakistan's strong commitment to continue working closely with Iran for peace in the region through dialogue and diplomacy,' said another PMO statement. In turn, President Pezeshkian thanked Pakistan for its diplomatic support during the crisis and acknowledged its role in efforts to de-escalate tensions. The prime minister also held talks with Azerbaijan's President Ilham Aliyev, in what was their third bilateral meeting this year. The two leaders agreed to further strengthen their economic partnership, especially by accelerating Azerbaijan's investments in Pakistan. 'The two leaders agreed to enhance their cooperation in the fields of trade and investment while expressing satisfaction over the progress made regarding the investment prospects,' the PMO said. Sharif invited President Aliyev to visit Pakistan, noting that recent exchanges had significantly strengthened bilateral ties. The Azerbaijan leader had previously announced a $2 billion investment package for Pakistan during a visit to Islamabad in 2024, and the two countries have also deepened defense cooperation, including Islamabad's sale of JF-17 fighter jets to Baku. In his meeting with Uzbek President Shavkat Mirziyoyev, Sharif focused on regional integration, energy cooperation and the Trans-Afghan Railway Project, which is seen as vital for unlocking trade corridors between Central and South Asia. 'The two leaders agreed on visits of their senior ministers to Tashkent and Islamabad to finalize necessary agreements,' the PMO said, adding that the two sides viewed their cultural and historical ties as a strong foundation for broader collaboration.
Zawya
27-06-2025
- Business
- Zawya
President Of Economic Community of West African States (ECOWAS) Bank Congratulates Sierra's President Julius Maada Bio On His Election As Economic Community of West African States (ECOWAS) Chairman, Assures ECOWAS Bank for Investment and Development (EBID)'s Full Support For His Developmental Agenda
Dr. George Agyekum Donkor, President of the ECOWAS Bank for Investment and Development (EBID), has extended heartfelt congratulations to President Julius Maada Bio on his recent election as Chairman of ECOWAS Authority. In a congratulatory letter, Dr. Donkor emphasized that the election reflects the sub-region's strong confidence in President Bio's leadership. He also commended the President's proven governance record and expressed optimism that his leadership will effectively tackle pressing regional issues such as economic growth, peace, and security throughout West Africa. The ECOWAS Bank for Investment and Development (EBID) stands as a premier financial institution dedicated to advancing economic progress across West Africa. Based in Lomé, Togo, EBID finances critical sectors including infrastructure, agriculture, energy, and small to medium enterprises (SMEs). The Bank is instrumental in promoting regional integration, strengthening the private sector, and reducing poverty within ECOWAS member countries. During the 67th Ordinary Session of the ECOWAS Authority of Heads of State and Government in Abuja, Dr. Donkor also engaged in a productive discussion with President Bio. He reaffirmed EBID's commitment to supporting Sierra Leone's developmental priorities and lauded President Bio's leadership. Dr. Donkor pledged to explore potential areas of collaboration between EBID and Sierra Leone. President Bio's new role as ECOWAS Chairman highlights Sierra Leone's expanding influence in regional affairs and represents a pivotal achievement for the nation. His tenure is expected to focus on fostering sustainable economic development, empowering communities, and revitalizing cultural heritage across West Africa. Distributed by APO Group on behalf of State House Sierra Leone.
