Texmaco Rail & Engineering shares in focus after MoU with Nevomo for Magrail, AI-powered rail innovations

Texmaco Rail & Engineering has signed an MoU with Polish firm Nevomo to develop AI-driven next-generation rail technologies, focusing on Magrail, linear propulsion, and driverless systems. This partnership aims to boost rail efficiency, capacity, and modernize infrastructure globally. A dedicated R&D center will be set up in the GCC region.