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Globe Express Services signs strategic Memorandum of Understanding with Etihad Rail

Company to utilize 1,200 km railway network to position itself as market leader

 
PRLog - Sep. 3, 2014 - September 3, 2014

Globe Express Services (GES), one of the region’s leading logistics companies, has announced the signing of a Memorandum of Understanding (MoU) with Etihad Rail, the developer and operator of the UAE’s national railway network.

GES has had an impressive growth in the region, especially in the UAE where its growth has been attributed to key developments such as the expansion of Jebel Ali operations and the opening of a new office in Abu Dhabi. The company has also had a strong presence in Saudi Arabia and with its direct operations in Jeddah, Riyadh and Dammam, GES will utilise Etihad Rail’s 1,200 km network to further develop its market leading position.

Once completed, Etihad Rail network will extend across the UAE, connecting the Emirates to the Kingdom of Saudi Arabia and Oman. The railway will run from Ghweifat to Abu Dhabi, Dubai and the Northern Emirates, with major connecting points including Al Ain and Madinat Zayed.

Eng. Faris Saif Al Mazrouei, Acting CEO, Etihad Rail, said, “We are delighted with this agreement with GES, a well-established logistics company in the GCC region. We are committed to delivering a safe and efficient mode of transport and look forward to offering GES the best possible means to transport their customers’ goods across the region.”

Mustapha Kawam, managing director for Gulf States, GES, said, “The presence of the new Etihad Rail system represents a myriad of opportunities, and ultimately gives us a more sustainable and cost-efficient way of moving goods. The signing of this MoU demonstrates our eagerness to be part of this major project and remain true to our commitment to provide world-class logistics services to our clients.”

Once completed, the UAE rail network for passengers and freight will cover a distance of approximately 1,200 km across the UAE, connecting residential urban communities with the other surrounding areas and helping to facilitate commercial traffic, in addition to opening channels of communication, and promoting economic development all over the UAE. The UAE network will also be a vital part of the GCC rail network, which will connect the country with the Kingdom of Saudi Arabia through Ghuwaifat from the west and with the Sultanate of Oman through Al Ain from the east.

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Source:Orient Planet
Industry:Business
Tags:Globe Express Services
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