Uber Wants to Sell You Train Tickets. And Be Your Bus Service, Too.

In Denver, riders of the city’s public transit system, the Regional Transportation District, can use Uber to buy tickets. CreditCreditTerry Ratzlaff for The New York Times
In Denver, riders of the city’s public transit system, the Regional Transportation District, can use Uber to buy tickets. CreditCreditTerry Ratzlaff for The New York Times
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Uber Wants to Sell You Train Tickets. And Be Your Bus Service, Too.

In Denver, riders of the city’s public transit system, the Regional Transportation District, can use Uber to buy tickets. CreditCreditTerry Ratzlaff for The New York Times
In Denver, riders of the city’s public transit system, the Regional Transportation District, can use Uber to buy tickets. CreditCreditTerry Ratzlaff for The New York Times

When Julia Ellis arrives at a train station in a Denver suburb to go to work, she opens her Uber app. Next to the ride-hailing options, she taps a train icon marked “Transit.”

The click buys her a ticket for Denver’s public transit system, the Regional Transportation District. Ms. Ellis said she had used Uber to get her train tickets since the company rolled out the feature this spring. She also often takes an Uber ride to the station because a medical condition limits her driving.

“You make two clicks and you’re there,” Ms. Ellis, 54, said of how Uber and Denver’s train system had changed her commute.

Ms. Ellis is part of a widening experiment for Uber. As the company seeks new growth, it has teamed up with cities and transit agencies in the United States, Canada, Britain and Australia to provide tickets, to transport people with disabilities or sometimes to substitute for a town’s public transportation system entirely.

Since 2015, Uber has inked more than 20 transit deals. The push is now being championed by Dara Khosrowshahi, its chief executive, to turn the company into the “Amazon of transportation.” In that vision, Uber would become a one-stop shop for car, bike, scooter, bus and train trips.

Doing so would help Uber draw more riders, especially as the company faces questions from Wall Street about whether it can make money and revive its once red-hot growth rate. On Thursday, Uber is scheduled to report its latest earnings, including an estimated quarterly loss of nearly $5 billion and declining revenue growth.

“When you’re taking your phone out of your pocket and deciding where to go, we want to be the first place that you go to,” said David Reich, an Uber director who heads the team that the company formed last year to focus on public transportation.

Uber has pitched itself as being able to provide cheaper and more flexible transportation, especially in locations where public transit is scant. But mixing ride-hailing with their own services has left some city officials uneasy.

With transit ridership falling in major metropolitan areas across the United States, agencies said they risked ceding even more passengers to Uber and similar services, like Lyft. The authorities have also criticized Uber for not sharing enough rider data, which could help agencies plan new transit routes.

Cities also worry that Uber and Lyft could increase congestion. A recent study commissioned by the companies found they were contributing to congestion, though they are outstripped by personal vehicle use.

“There are real questions about forming partnerships that may end up pushing riders away from public transportation,” said Adie Tomer, a metropolitan policy fellow at the Brookings Institution, who studies infrastructure use. “It’s a dangerous game for transit agencies to make agreements with ride-hailing companies.”

In a filing in April, Uber stoked competitive fears by saying it aimed to replace public transportation altogether. The sentence was replaced in a later filing with a promise that Uber would integrate public transit into its app “as an additional low-cost option.”

Lyft has also moved into public transit. It began offering free rides to a train station in a Denver suburb in 2016. Now it has 50 transit deals in the United States, including a partnership with the Los Angeles Metro in which Lyft car pool riders can earn free credits to take public transit.

“We see ourselves as supportive of the transit industry and want to see the transit ridership grow and increase around the country,” said Lilly Shoup, Lyft’s senior director of policy and partnerships.

Uber’s public transit partnerships vary by place. But with most of the agreements, cities tap the company’s network of drivers to provide rides in areas that do not have reliable bus routes. Cities often subsidize the rides so that passengers pay what amounts to a bus fare rather than a typical Uber fee. Uber generally earns a subsidy from the transit agency, a fare from the rider or both.

In Denver, the partnership is centered on ticketing rather than car rides. Through Uber’s app, people get a new way to buy tickets and obtain train and bus schedule information. Uber doesn’t make money selling the tickets, but it benefits when ticket buyers, like Ms. Ellis, stay in the app to book a ride from the train station to their destination.

One of Uber’s earliest partnerships was in 2015 with Dallas Area Rapid Transit. That year, DART agreed to temporarily display Uber rides as an option in its app during St. Patrick’s Day festivities. The promotion, intended to give boozy celebrators more choices for getting home safely, became so popular that DART eventually integrated Uber into its app permanently.

DART now subsidizes shared Uber rides within a few miles of several public train stations. The agency estimated that it spent $15 per rider when it ran bus routes in those areas; now it saves money by paying Uber less than $5 a person.

Dallas transit officials were initially cautious about the partnership, they said. “For a while they ignored us. Then they cannibalized us. Now they want to work with us,” Todd Plesko, DART’s vice president of service planning and scheduling, said of Uber and Lyft. “It’s the kind of market for trips they never did before.”

Uber was also hesitant to share data about riders and routes, citing privacy concerns. Mr. Plesko said Uber had mentioned the hunt for Osama bin Laden as an example of how individuals could be identified from their data. (Uber said no one had used a Bin Laden reference.)

But Dallas ultimately decided to work with Uber. Integrating Uber rides into DART’s app could help stem the flow of riders who abandoned public transportation for private ride-hailing services, Mr. Plesko said.

“If we’re going to survive as an agency, we have to be willing to innovate and take risks,” he said.

Uber offered Innisfil cheaper rides that could go many places rather than follow a set route. The company now provides car pool rides to residents in place of a bus system. Innisfil pays Uber about 9 Canadian dollars, or $7, per rider.

“Large municipalities sometimes see ride sharing as their enemy because it’s taking away from their ridership,” said Lynn Dollin, Innisfil’s mayor. “We’ve taken a different approach and embraced it.”

The new transit system became so popular that Innisfil went over its budget in what it paid Uber, she said. In April, the town increased the rate it charges people by 1 Canadian dollar for an Uber ride to between 4 to 6 Canadian dollars. It also capped the number of rides that residents could take each month.

Denver’s Regional Transportation District agreed to work with Uber this year because “the No. 1 intriguing thing was opening up this market,” said David Genova, the agency’s chief executive. Ride-hailing apps are ubiquitous, he said, giving R.T.D. an opportunity to easily put its offerings in front of tourists who might be looking for an Uber.

He added that he was wary of how long Uber and Lyft might be around because of their shaky finances. “Uber is not fiscally sustainable; Lyft is not fiscally sustainable,” Mr. Genova said. But ticketing integration is low risk, he said, and bringing mobile ticketing to Denver was a top priority.

R.T.D. has sold more than 3,500 train and bus tickets through Uber, a tiny fraction of the agency’s 322,000 daily rides. But Mr. Genova said he was optimistic, with the number of tickets sold through Uber increasing about 29 percent a week from the beginning of June through the end of July.

“Everybody wants to know: How did we do this?” he said. “I wouldn’t call it envy, but my colleagues around the country are very, very interested in this.”

The New York Times



Gulf Railway Enters Implementation Phase, Targets 2030 Completion

Members of the GCC Transport and Communications Ministers Committee pose for an official photo in Manama (GCC). 
Members of the GCC Transport and Communications Ministers Committee pose for an official photo in Manama (GCC). 
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Gulf Railway Enters Implementation Phase, Targets 2030 Completion

Members of the GCC Transport and Communications Ministers Committee pose for an official photo in Manama (GCC). 
Members of the GCC Transport and Communications Ministers Committee pose for an official photo in Manama (GCC). 

Gulf Cooperation Council (GCC) countries signed an agreement in Manama on Sunday to advance a 2,117-kilometer railway linking all six member states by 2030, as shipping disruptions in the Strait of Hormuz underscore the need to diversify trade and supply routes.

The agreement establishes a common framework for building and operating the network and integrating national transport systems, amid regional tensions that have disrupted cargo movements, raised shipping and insurance costs, and highlighted the importance of alternative routes.

The Gulf railway is intended to strengthen regional logistics rather than replace maritime transport, which remains essential to Gulf and international trade.

The signing ceremony was held under the patronage and in the presence of Bahrain’s Crown Prince and Prime Minister Prince Salman bin Hamad Al Khalifa, with GCC transport ministers and Secretary-General Jasem Mohamed Albudaiwi attending.

The planned network will connect Kuwait, Saudi Arabia, Bahrain, Qatar, the United Arab Emirates and Oman, with full operations targeted for December 2030.

The agreement sets out member states’ obligations, coordination mechanisms, technical and operational standards, and safety requirements to ensure compatibility with national railway systems.

Bahrain’s Minister of Transportation and Telecommunications, Dr. Sheikh Abdulla bin Ahmed Al Khalifa, told Asharq Al-Awsat that each country would finance and implement the section within its territory.

He explained that GCC states had not signed prior agreements with international partners to finance or execute the project, although global companies could provide expertise and technical and technological services according to national requirements.

Project 55.9% Complete

Albudaiwi announced that the Gulf railway project had reached 55.9% completion, describing the agreement as a framework governing member states’ commitment, implementation procedures and the timetable for bringing the network into service.

While full operations are scheduled for December 2030, cross-border connections between neighboring countries could open individually once the necessary infrastructure and operational requirements are met.

This would allow completed sections to enter service progressively rather than waiting for the entire 2,117-kilometer network to be finished.

Projections indicate that the railway will carry approximately 6 million passengers and 200 million tons of freight in 2030, rising to more than 8 million passengers and 271 million tons by 2045.

Passenger trains are expected to reach speeds of 200 kilometers per hour, while freight services will operate at 80 to 120 kilometers per hour.

The network will connect economic and industrial centers, ports and logistics hubs across the Gulf, facilitating trade and the movement of passengers and goods while creating investment and employment opportunities in transport and related services.

National Financing and Potential Partnerships

Earlier estimates put the cost of the project’s core infrastructure at between $15.4 billion and $16 billion.

The Bahraini minister explained that these figures were under review because of rising costs for construction materials, services and building works. No revised estimate for the overall project has been announced.

Although each country will fund its own section, private-sector participation remains possible in certain components, subject to economic and financial feasibility studies.

The minister added that potential partnerships would depend on the requirements of individual sections, with no single financing or implementation model envisaged for the entire network.

Bahrain’s connection to the Gulf railway depends on the proposed King Hamad Causeway, which would link the island kingdom to Saudi Arabia through a railway alongside a road connection.

The project would connect Bahrain’s international passenger terminal with the Saudi railway network, providing a direct link to the wider GCC system.

Bahrain currently relies on the King Fahd Causeway for road transport to Saudi Arabia. Studies and procedures concerning the proposed King Hamad Causeway, including its railway component, remain underway as part of efforts to complete the cross-border connection.

Shipping Disruptions Highlight Logistics Challenges

The agreement has taken on added significance following recent disruptions to regional shipping, particularly reduced vessel traffic at Bahrain’s Khalifa bin Salman Port, which has increased reliance on road transport and alternative ports in neighboring countries.

Albudaiwi praised Saudi Arabia, the UAE and Oman for their cooperation during the period of Iranian attacks, citing logistical facilities, coordination and alternative cargo routes that helped maintain supply chains to other GCC countries.

He stressed the need for greater integration among transport systems, more diversified supply routes and stronger preparedness and coordination to manage future crises.

The GCC’s transport and storage sector recorded real growth of 5.7% in 2025, making it one of the fastest-growing non-oil economic activities, he noted.

At the 19th consultative meeting of the GCC Supreme Council in Jeddah on April 28, 2026, Gulf leaders called for a study on strengthening logistics integration among member states as part of broader efforts to develop transport networks and diversify trade and supply routes.

Rail and Maritime Transport to Work Together

Despite the renewed focus on rail connectivity amid shipping disruptions, the project is designed to complement maritime transport rather than compete with it.

Rail services could move goods from ports to industrial centers and domestic markets while providing additional distribution routes between GCC countries. Ships would continue to carry the bulk of international freight over long distances.

Integrating the railway into wider international logistics corridors would require further studies, agreements and coordination among governments and relevant authorities, beyond completing the rail infrastructure within the GCC.

The network is also expected to stimulate intra-Gulf trade, improve connections between production and consumption centers, and attract investment in transportation, logistics and related industries.

Additional employment opportunities are anticipated in construction, operations, maintenance and supporting services.

From a 2009 Proposal to Regional Implementation

The Gulf railway initiative dates to December 2009, when the GCC Supreme Council approved plans for a network connecting member states to facilitate trade, improve mobility for citizens and residents, and strengthen regional economic integration.

In December 2021, the council approved the establishment of the GCC Railways Authority to coordinate national efforts, monitor connectivity and operational requirements, and provide an institutional framework for cooperation.

Implementation has since progressed across member states, with completion exceeding 50% by May 2026.


Saudi Gold Refinery Obtains 10 Gold Exploration Licenses in Tanzania

A gold mine in Saudi Arabia (SPA) 
A gold mine in Saudi Arabia (SPA) 
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Saudi Gold Refinery Obtains 10 Gold Exploration Licenses in Tanzania

A gold mine in Saudi Arabia (SPA) 
A gold mine in Saudi Arabia (SPA) 

Saudi Gold Refinery Company (SGR) announced Sunday it has secured 10 licenses to explore gold in the Republic of Tanzania, covering a total area of nearly 1,000 square kilometers, in a move aimed at expanding the company’s mining operations outside the Kingdom.

The company said it has allocated an initial investment of $10 million to carry out exploration activities, within an ambitious plan to gradually increase total investments to $100 million. These investments will support the development, establishment, and operation of gold mines, with commercial production targeted to commence by 2030.

The announcement follows a visit to Tanzania by Faisal Suliman Al-Othaim, Deputy Chairman of the Board of Directors at SGR.

According to the company, this milestone is supported by the Ministry of Investment and the Saudi Embassy in Tanzania, highlighting the importance of strengthening Saudi investments abroad and creating new opportunities for national companies in the global mining industry.

SGR continues to advance its global expansion strategy through its international investment arm, UGM Tanzania co, which oversees its operations and investment activities in Tanzania and Ethiopia.

The company also maintains ongoing projects and business activities in Egypt and the Sultanate of Oman, while actively exploring opportunities in additional markets to further expand its global footprint and create sustainable value across the mining sector.

In the Saudi market, the company plans to develop six to ten mines before 2030, at an average rate of two mines per year. These plans are supported by the Ministry of Industry and Mineral Resources, the Saudi Industrial Development Fund, financial institutions and other relevant authorities and stakeholders.

 

 

 


Oil Falls as Trump Says New Iran Attacks ‘Unlikely’

A worker walks past oil pipes at a refinery in Wuhan, Hubei province March 23, 2012. (Reuters)
A worker walks past oil pipes at a refinery in Wuhan, Hubei province March 23, 2012. (Reuters)
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Oil Falls as Trump Says New Iran Attacks ‘Unlikely’

A worker walks past oil pipes at a refinery in Wuhan, Hubei province March 23, 2012. (Reuters)
A worker walks past oil pipes at a refinery in Wuhan, Hubei province March 23, 2012. (Reuters)

Oil prices fell at Monday's open after US President Donald Trump said he was highly unlikely to order new Iran attacks while talks to end the conflict make progress, despite both nations' reports of attacks on ships in or near the Strait of Hormuz.

Brent was down 84 cents, or 0.85%, to $97.48 a barrel by 0138 GMT, while West Texas Intermediate fell 32 cents, or 0.35%, to $90.51 a barrel.

The fall reversed minor gains made on Friday’s settlement as the market assessed the possibility of further US ‌strikes on Iran, ‌although Brent fell 17% last week, the ‌steepest ⁠weekly drop since the ⁠start of the COVID pandemic and the biggest in absolute terms, according to LSEG data dating back to 1988.

"It depends on whether or not they sign a very strong agreement," Trump told CNN in a phone interview. "The answer is, highly unlikely it's going to be necessary."

Trump had hinted at renewing attacks on Iran after ⁠last week's US midterm elections, but there has ‌been no sign of a large-scale ‌US military operation. Iran has said it would respond by striking US and ‌Israeli targets.

Tim Waterer, chief analyst at KCM Trade, called ‌Trump's comments "more measured" but said "the market is still waiting to see whether the midterms have produced a lasting shift in Trump’s approach to the conflict, or whether this is just another temporary change in tone."

Oil is headed ‌for a glut again as recovering Middle Eastern oil flows, rising production from other countries and ⁠weak demand have ⁠pushed global supply above consumption, JPMorgan said in a report on Friday, estimating a surplus of 1.1 million barrels per day in September, widening to 1.4 million bpd in October.

On Sunday, Iraq reached an understanding with the US to allow Iraqi oil exports through the Strait of Hormuz via a shipping lane near Oman, Foreign Minister Fuad Hussein said in an interview with Al Jazeera.

He said Iraq's losses from the Iran war and disruptions to oil exports had reached $60 billion.