Latest news with #ADIF
Malay Mail
2 days ago
- Malay Mail
Power cable failure strands high-speed trains between Spain's Madrid and Andalusia amid heatwave
MADRID, July 1 — Passengers were left stranded in train carriages and stations overnight into Tuesday morning after a power cable failure cut high-speed lines between Madrid and Andalusia. Around 20 trains were blocked on the tracks or unable to depart on Monday evening, with approximately 10 more cancelled on Tuesday morning in Madrid and southern Spanish cities including Seville, where global leaders are attending a United Nations conference on development financing. Traffic between the towns of Yeles and La Sagra, about 40 kilometres south of Madrid, was suspended at 8.30pm (1830 GMT) when a catenary cable malfunctioned, a spokesperson for state-owned railway infrastructure operator ADIF said. The cause of the malfunction was unknown, he said, and ADIF has since postponed the resumption of service four times. In its latest statement, the company said trains between Madrid and Andalusian cities were cancelled until further notice. ADIF called on regional emergency services to service and evacuate stranded passengers, some of whom spent hours stuck inside the trains as a blistering heatwave scorches the country. The high-speed network has rapidly expanded in Spain as part of a government push to decarbonise public transportation. The network connects almost all the country's big cities but is vulnerable to cable incidents as it crosses large swathes of scarcely populated areas. A copper cable theft paralysed the same line for more than 12 hours in early May. Three operators service the line, state-owned former monopoly Renfe, Ouigo, a unit of French state train operator SNCF, and Iryo, which is owned by a consortium including Italy's Trenitalia. — Reuters
Hindustan Times
2 days ago
- Hindustan Times
High-speed train line to Spain's Andalusia cut after power cable failure
MADRID, - Passengers were left stranded in train carriages and stations overnight into Tuesday morning after a power cable failure cut high-speed lines between Madrid and Andalusia. High-speed train line to Spain's Andalusia cut after power cable failure Around 20 trains were blocked on the tracks or unable to depart on Monday evening, with approximately 10 more cancelled on Tuesday morning in Madrid and southern Spanish cities including Seville, where global leaders are attending a United Nations conference on development financing. Traffic between the towns of Yeles and La Sagra, about 40 kilometres south of Madrid, was suspended at 8.30 pm when a catenary cable malfunctioned, a spokesperson for state-owned railway infrastructure operator ADIF said. The cause of the malfunction was unknown, he said, and ADIF has since postponed the resumption of service four times. In its latest statement, the company said trains between Madrid and Andalusian cities were cancelled until further notice. ADIF called on regional emergency services to service and evacuate stranded passengers, some of whom spent hours stuck inside the trains as a blistering heatwave scorches the country. The high-speed network has rapidly expanded in Spain as part of a government push to decarbonise public transportation. The network connects almost all the country's big cities but is vulnerable to cable incidents as it crosses large swathes of scarcely populated areas. A copper cable theft paralysed the same line for more than 12 hours in early May. Three operators service the line, state-owned former monopoly Renfe, Ouigo, a unit of French state train operator SNCF, and Iryo, which is owned by a consortium including Italy's Trenitalia. This article was generated from an automated news agency feed without modifications to text.
Straits Times
2 days ago
- Straits Times
High-speed train line to Spain's Andalusia cut after power cable failure
MADRID - Passengers were left stranded in train carriages and stations overnight into Tuesday morning after a power cable failure cut high-speed lines between Madrid and Andalusia. Around 20 trains were blocked on the tracks or unable to depart on Monday evening, with approximately 10 more cancelled on Tuesday morning in Madrid and southern Spanish cities including Seville, where global leaders are attending a United Nations conference on development financing. Traffic between the towns of Yeles and La Sagra, about 40 kilometres south of Madrid, was suspended at 8.30 pm (0630 GMT) when a catenary cable malfunctioned, a spokesperson for state-owned railway infrastructure operator ADIF said. The cause of the malfunction was unknown, he said, and ADIF has since postponed the resumption of service four times. In its latest statement, the company said trains between Madrid and Andalusian cities were cancelled until further notice. ADIF called on regional emergency services to service and evacuate stranded passengers, some of whom spent hours stuck inside the trains as a blistering heatwave scorches the country. The high-speed network has rapidly expanded in Spain as part of a government push to decarbonise public transportation. The network connects almost all the country's big cities but is vulnerable to cable incidents as it crosses large swathes of scarcely populated areas. A copper cable theft paralysed the same line for more than 12 hours in early May. Three operators service the line, state-owned former monopoly Renfe, Ouigo, a unit of French state train operator SNCF, and Iryo, which is owned by a consortium including Italy's Trenitalia. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
Reuters
2 days ago
- Reuters
High-speed train line to Spain's Andalusia cut after power cable failure
MADRID, July 1 (Reuters) - Passengers were left stranded in train carriages and stations overnight into Tuesday morning after a power cable failure cut high-speed lines between Madrid and Andalusia. Around 20 trains were blocked on the tracks or unable to depart on Monday evening, with approximately 10 more cancelled on Tuesday morning in Madrid and southern Spanish cities including Seville, where global leaders are attending a United Nations conference on development financing. Traffic between the towns of Yeles and La Sagra, about 40 kilometres south of Madrid, was suspended at 8.30 pm (0630 GMT) when a catenary cable malfunctioned, a spokesperson for state-owned railway infrastructure operator ADIF said. The cause of the malfunction was unknown, he said, and ADIF has since postponed the resumption of service four times. In its latest statement, the company said trains between Madrid and Andalusian cities were cancelled until further notice. ADIF called on regional emergency services to service and evacuate stranded passengers, some of whom spent hours stuck inside the trains as a blistering heatwave scorches the country. The high-speed network has rapidly expanded in Spain as part of a government push to decarbonise public transportation. The network connects almost all the country's big cities but is vulnerable to cable incidents as it crosses large swathes of scarcely populated areas. A copper cable theft paralysed the same line for more than 12 hours in early May. Three operators service the line, state-owned former monopoly Renfe, Ouigo, a unit of French state train operator SNCF, and Iryo, which is owned by a consortium including Italy's Trenitalia.
Al Etihad
12-05-2025
- Business
- Al Etihad
ADIO signs strategic partnership with Japan's Mizuho Financial Group to fast-track investment into Abu Dhabi
12 May 2025 13:15 ABU DHABI (ALETIHAD)The Abu Dhabi Investment Office (ADIO) and Mizuho Financial Group, Inc., a leading global financial institution with one of the largest customer bases in Japan, have signed a strategic agreement to fast-track Japanese investment into the emirate's dynamic during the Abu Dhabi Investment Forum (ADIF) in Tokyo, the partnership will streamline investor access, support business expansion and open new channels for cross-border capital agreement marks a significant step in deepening financial and commercial ties between Abu Dhabi and Japan at a time of growing cross-border ambitions across Asia and the Middle this agreement, ADIO and Mizuho will jointly promote Abu Dhabi as a strategic investment hub for Japanese businesses and startups. ADIO will collaborate closely with Mizuho to offer practical support to clients seeking to establish or expand their operations in the clients will receive tailored insights into Abu Dhabi's investment landscape, regulatory environment and high-growth sectors, alongside investor seminars and business missions designed to establish new Al-Olama, Director General of ADIO, said, "Our agreement with Mizuho reflects a clear alignment of intent: to create structured, long-term pathways between Japanese capital and the exceptional opportunities emerging from Abu Dhabi's economic transformation. Our role is to make that engagement frictionless, targeted and outcome-driven, connecting ambitious Japanese investors with Abu Dhabi's high-growth sectors. With Mizuho's strategic networks and institutional reach, we are strengthening Abu Dhabi's position as a destination of choice for global investors seeking to scale with clarity and confidence."In addition to corporate growth, the partnership seeks to provide liquidity and access to global capital markets - covering loans, fixed income and equity investment - for Abu Dhabi's government-related entities. Moreover, both organisations have committed to developing alternative sources of capital by connecting Japanese and Asian institutional investors with Abu Dhabi government Take, Deputy President of Mizuho Financial Group, added, "Abu Dhabi stands at the forefront of global innovation and investment. By partnering with ADIO, we are offering our clients a gateway to a world-class business environment, advanced infrastructure and thriving sectors that promise long-term returns. We look forward to unlocking new growth for Japanese enterprises in Abu Dhabi and beyond." The signing forms part of a broader push to cement the emirate's position as a gateway for global investment. Through platforms like ADIF, Abu Dhabi is showcasing its competitive advantages, from seamless market access and sector-focused free zones to ADIO's economic clusters, to international business leaders, investors and family offices.
