
French engineering group Alstom has signed a preliminary deal to build a high-speed rail line between Baghdad and Basra in Iraq, French junior transport minister Thierry Mariani said Friday. "Alstom and the Iraqi railway have signed a memorandum of understanding to build a high-speed rail line between Baghdad and Basra," Mariani told journalists at the Paris International Airshow. The two will hold exclusive talks for 12 months to try to wrap up a final agreement on the rail line that can handle speeds of up to 220 kilometres per hour (135 mph). An Alstom spokesman confirmed the agreement, and said they were seeking a deal that would include the construction of the rail line plus trains and service. Mariani said he would travel to Iraq in September or October to discuss the possible deal. No financial details were immediately available.
GMT 17:56 2018 Wednesday ,17 January
Ericsson to write down 1.4 billion euros in fourth quarterGMT 19:16 2018 Saturday ,13 January
China shuts Marriott website over Tibet error, scolds other firmsGMT 17:31 2018 Thursday ,11 January
UK group bids for Europe's biggest aluminium smelterGMT 17:24 2018 Thursday ,11 January
UK supermarket Sainsbury's lifts outlook after bumper ChristmasGMT 17:52 2018 Tuesday ,09 January
H&M removes 'black boy' ad after racism accusationGMT 19:38 2018 Wednesday ,03 January
Petrobras pay $2.95bn to settle US class action on corruptionGMT 13:49 2018 Wednesday ,03 January
China’s Ant Financial drops $1.2 billion MoneyGram deal as US approval failsGMT 17:47 2017 Sunday ,31 December
BA owner to buy bankrupt Austrian airline Niki
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor