Conditions precedent on Hafeet Rail financing to be met shortly
Conditions precedent on the financing for the $3 billion Hafeet Rail project between the UAE and Oman will be met shortly. Sponsored by Etihad Rail, Asyad, Oman Rail, and Mubadala, the project will span 238 km and will include both freight and passenger traffic. A $1.5 billion (equivalent) financing...