AIIB approves $335m for Bangalore Metro in India
Asian Infrastructure Investment Bank (AIIB) has agreed to lend $335m for the second phase of the Bangalore Metro project in Karnataka, India.
Russian Railways orders 13 high-speed Velaro RUS trains
Russian Railways (RZD) has placed a nearly €1.1bn order with Siemens Mobility and Ural Locomotives, a joint venture (JV) of the Sinara Group and Siemens, to procure 13 high-speed Velaro RUS trains.
Israel Railways to procure 74 additional TWINDEXX Vario coaches
Israel Railways (ISR) has placed an order to procure 74 additional Bombardier TWINDEXX Vario double-deck coaches.
Rail cybersecurity services provider Cylus raises $12m
Israel-based rail cybersecurity services provider Cylus has raised $12m in a Series A funding round to support global expansion.