Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 116)
116.
Which Indian company signed a Memorandum of Understanding (MoU) with Etihad Rail to develop railway infrastructure and services in the UAE?
Answer: Option
Explanation:
RITES Limited, a leading transport infrastructure consultancy and engineering company, has entered into a strategic partnership with Etihad Rail to enhance cooperation in developing railway infrastructure and services in the United Arab Emirates (UAE). The MoU, signed by RITES CMD Rahul Mithal and Etihad Rail CEO Shadi Malak, encompasses various areas including supply and leasing of rolling stock, consultancy, project management, and operation. Additionally, it focuses on the capacity analysis of rail corridors to improve efficiency, demonstrating RITES' expertise in railway infrastructure development. This collaboration aims to support the growth of the UAE's rail network.
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