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KKR to sell wagon leasing company Infinity Transportation to Ares for $2.9bn

USA: Investment firm KKR & Co Inc has reached a definitive agreement to sell full-service wagon and intermodal equipment leasing company Infinity Transportation to Ares Infrastructure Equity and Ares Insurance Solutions funds for an enterprise value of approximately $2.9bn. Subject to customary closing conditions and …

Railway Gazette Железные дороги
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Hospital train proposed for military evacuations and civilian disaster response

GERMANY: Siemens Mobility and Lufthansa Technik Defense have agreed to develop jointly a train for cross-border military medical evacuations and civilian disaster response. Ahead of the Berlin Security Conference on November 3-4 the companies signed a memorandum of understanding to combine their decades of experience …

Railway Gazette Средний коридор
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Kazakhstan Calls for Stronger Implementation of Humanitarian Law at Geneva Dialogue

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan has called for stronger national mechanisms to ensure compliance with international humanitarian law (IHL), stressing that efforts to protect civilians must begin long before armed conflicts break out. Kazakhstan h…

Astana Times Железные дороги
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Kazakhstan Plans National Laboratory for Critical Materials as Manufacturing Sector Expands

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan plans to establish a National Laboratory for Critical Materials in Astana as part of efforts to develop its mineral resources, strengthen geological exploration and reduce reliance on imports, First Deputy Prime Mi…

Astana Times Средний коридор
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CSTO may consider suspending Armenia’s voting rights

Collective Security Treaty Organization (CSTO) Secretary General Taalatbek Masadykov said the organisation could consider suspending Armenia’s voting rights and halting the nomination of Armenian citizens to quota-based positions within the CSTO.

Azernews Железные дороги
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Tokayev Meets Network School Founder, Welcomes Launch of Kazakhstan Branch

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – President Kassym-Jomart Tokayev met with Balaji Srinivasan, founder of Network School, to discuss cooperation in technology, education and innovation, reported the presidential press service on Nov. 4. From L to R: Balaji Sri…

Astana Times Порты и суда
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Kazakhstan and China Build Digital Bridge for Data Economy

The Astana Times provides news and information from Kazakhstan and around the world. Access to reliable data gives businesses a competitive advantage when they develop AI tools, build digital services or enter new markets. Kazakhstan and China are working to make that resource easier to use securely across borders. Ch…

Astana Times Средний коридор
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Kazakhstan Eyes 2035 Completion for First Two Nuclear Power Plants

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan expects its first two nuclear power plants to be completed by 2035, with construction of the Balkhash plant involving a Russian-led consortium headed by Rosatom and negotiations underway with China National Nuclear…

Astana Times Средний коридор
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ÖBB holding to take control of passenger and freight arms in major restructuring

AUSTRIA: The coalition government has agreed the biggest restructuring of the state-owned ÖBB group in more than two decades, which is expected to cut costs by around €80m a year. The governing coalition of the conservative ÖVP, the social democratic SPÖ and the liberal NEOS agreed a plan to restructure the ÖBB group …

Railway Gazette Железные дороги
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Kazakhstan to Complete Construction of Three New Airports by End of 2026

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan plans to complete construction of three new airports in Zaisan, Katon-Karagai and Kenderli by the end of 2026 as part of efforts to expand the country’s aviation infrastructure and strengthen its transit potential,…

Astana Times Железные дороги
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Tokayev’s ‘Build! Once Again – Build!’ Initiative Takes Shape Across Kazakhstan With $14.3 Billion Plan

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan is preparing for a nationwide construction drive that will direct nearly 6.5 trillion tenge (US$14.3 billion) toward infrastructure development through 2029, as President Kassym-Jomart Tokayev calls for a new phase…

Astana Times Средний коридор
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ERA Executive Director to speak at inaugural Railway Gazette Summit

EUROPE: As the European rail landscape undergoes a period of profound transformation, the 2026 Railway Gazette Summit will be debating opportunities for building a resilient, competitive and sustainable railway sector. A detailed programme can be found here . Hosted by Railway Gazette International Executive Editor Ni…

Railway Gazette Средний коридор
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AI Bubble: Global Investors Seek AI’s Real Enterprise Value at Hong Kong’s Cyberport Forum

The Astana Times provides news and information from Kazakhstan and around the world. HONG KONG — The term “bubble” was not a whispered fear but a baseline for discussion at the Nov. 4 Cyberport Venture and Capital Forum, where participants focused on winning the next competitive cycle in AI. As artificial intelligence…

Astana Times Средний коридор
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Kazakhstan Signs New Uranium Supply Contracts With India and China

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan has signed new contracts to supply natural uranium to major energy companies in India and China in 2026, as the country seeks to expand its international partnerships and diversify uranium sales markets, Kazakh Pre…

Astana Times Средний коридор
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Azeri Light oil price falls by 2.62% at Italy's Augusta Port

The price of Azerbaijan's Azeri Light crude oil has declined by $3.05, or 2.62%, compared with the previous indicator, reaching $113.45 per barrel on a CIF basis at Italy's Augusta port.

Azernews Порты и суда
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Nazarbayev University Conference Highlights Need to Rethink Teaching Practices

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Educators and higher education experts worldwide gathered in Astana on Oct. 27-28 for Nazarbayev University’s Teaching Conference 2026 to discuss ways to improve teaching quality, support faculty development and address the c…

Astana Times Порты и суда
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Kazakhstan to Produce 494 Medicines Under $ 862 Million Investment Plan

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan plans to expand domestic pharmaceutical production through eight major investment projects worth a combined $862 million, with plans to manufacture 494 types of medicines and create more than 1,200 jobs, Health Min…

Astana Times Торговля
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Urban rail industry news round-up

This week’s round-up of news from the global urban rail transport sector, from Railway Gazette International . On October 29 Wuhan opened two more sections of its metro network. The second phase of Line 12 between Gangduhuayuan and Moshuihu Park via the north and west of the city joins the two ends of Phase 1 opened o…

Railway Gazette Средний коридор
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Prime Minister inaugurates Pune Metro Line 3

INDIA: The 23.3 km Pune Metro Line 3 (Pink) was inaugurated by Prime Minister Narendra Modi via video link on November 3, with passenger services scheduled to start the following day. Developed by a joint venture of Siemens and Tata under a PPP agreement, the elevated line with 23 stations is intended to halve travel …

Railway Gazette Средний коридор
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Kazakhstan Sets Aside $ 14.3 Billion for Infrastructure and Social Projects Through 2029

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – The Kazakh government approved an action plan on Nov. 3 to implement the president’s state-of-the-nation address, allocating around 6.5 trillion tenge (US$14.3 billion) for key social and infrastructure projects through the e…

Astana Times Средний коридор
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Celebrate the best of UK rail at the 2027 Rail Business Awards

UK: Organisations across the UK rail and metro sectors have until 23.55 on November 13 to submit entries for the next Rail Business Awards , which will take place on March 11 2027 in Newcastle-upon-Tyne. Established as the first national awards for the UK railway sector, the prestigious Rail Business Awards recognise …

Railway Gazette Средний коридор
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Two More Amur Tigers to Join Kazakhstan’s Wildlife Comeback in 2027

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan is preparing the next stage of its tiger reintroduction program, with two cubs expected to be released into the wild in 2027, Kazinform reported on Nov.3. Photo credit: Almaty Zoo The cubs are undergoing adaptation…

Astana Times Средний коридор
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Azerbaijan's electric vehicle imports plunge 56% in first nine months of 2026

Azerbaijan imported 680 electric vehicles between January and September 2026, marking a 56.4% decline compared with the corresponding period of 2025. According to data released by the State Customs Committee, the total value of electric vehicle imports fell by...

Azernews Торговля
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Azerbaijan bets on Caspian winds to build its next energy export industry

For much of its modern history, Azerbaijan's economic and political influence has been closely tied to oil and gas. The country built its reputation as an energy producer long before the current debate about energy diversification and the green transition became a global priority. Its pipelines connected the Caspian b…

Azernews Средний коридор
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Renfe updates safety protocol as investigators analyse Urda collision

SPAIN: Renfe has introduced a new safety directive for high speed operations, requiring trains to halt and proceed at a maximum speed of 40 km/h under visual supervision after cab signalling failures. The decision follows the fatal Urda collision that killed at least 69 people. Most Spanish high speed lines are equipp…

Railway Gazette Железные дороги