The high-tech transportation system was planned to connect Europe and China.
The development is reportedly in the early planning stages and is said to be twice the size of New York City.
Bayanat, a geospatial data provider, and Al Yah Satellite Communications will become Space42, the MENA region’s first AI-powered space-tech company.
The UAE logistics company will team up with a US maritime transport firm to explore opportunities in the Middle East and beyond.
