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The Gulf Railway project was approved by GCC member states at the 30th GCC summit in Kuwait City in December 2009. [6] [7] Saudi Arabia was the only GCC country to have any railway infrastructure at the time the project was proposed. [8] The original deadline to complete the project was 2018.
The GCC has also launched major rail projects to connect the peninsula. The railways are expected to fuel intra-regional trade while helping reduce fuel consumption. Over US$200 billion will be invested to develop about 40,000 kilometres (25,000 mi) of rail network across the GCC, according to Oman's Minister of Transport and Communications. [36]
The individual rail projects comprise the Doha Metro, a mostly underground rail network which connects communities within Doha and its suburbs, the Lusail Light Rail Transit (LLRT), a tram network within the new city of Lusail in Qatar, and the Long Distance Passenger and Freight Rail connecting cities in the north and west with Doha, and the country with the forthcoming GCC rail system.
It has three lines with an approximate overall length of 76 km (47 mi) and 37 stations. It is an integral component of the larger Qatar Rail network, which will include a long-distance rail for passengers and freight, linking Qatar to the GCC, and the Lusail LRT. Capable of reaching 100 km/h (62 mph), the Doha Metro has one of the fastest ...
A fourth high-speed rail project proposed by the Karnataka government would run 485 kilometres (301 mi) from Mysuru (Mysore) through Bengaluru (Bangalore) to Chennai, cutting the current nine-hour travel time to three hours (45 minutes between Mysuru and Bengaluru) at a cost of ₹ 1.15 trillion (equivalent to ₹ 1.2 trillion or US$14 billion ...
the Heartland Institute, which is currently supporting a project run by the retired TV weatherman Anthony Watts in attempts to discredit the results of the BEST study. You may recall that the Heartland Institute ran the infamous billboard comparing the Unabomber with those who acknowledge the existence of global warming.
From January 2011 to March 2012, if you bought shares in companies when Dominique Senequier joined the board, and sold them when she left, you would have a -50.3 percent return on your investment, compared to a 9.3 percent return from the S&P 500.
From August 2009 to December 2012, if you bought shares in companies when Robert H. Benmosche joined the board, and sold them when he left, you would have a 23.0 percent return on your investment, compared to a 41.6 percent return from the S&P 500.