A weekly ticket on the $23bn Riyadh Metro will set passengers back a mere SAR 25 ($6.67), according to reports.
A weekly ticket for the much-awaited Riyadh Metro would cost around SR25, the Riyadh Development Authority has announced.
Leading global law firm Dentons said it led the discussion on Fidic (International Federation of Consulting Engineers) contracts at the recent Big 5 Saudi Arabia conference held in Jeddah.
There are no plans to scale back the Riyadh Metro projects despite the Saudi government clampdown on spending amid low oil revenues, said a report.
Work on the multibillion riyal Riyadh Metro is 30 percent complete and on schedule, according to the region’s governor Prince Faisal bin Bandar.
Construction work has started on a major new hotel and apartments complex in the Diplomatic Quarter of Riyadh, developer Dur Hospitality has announced.
The $23 billion Riyadh Metro will be completed on schedule in 2019 and its budget is ring-fenced, a senior official said on Wednesday, quashing speculation the project could be scaled back or delayed following a slump in Saudi Arabia's oil revenues.
The Saudi Electricity Company (SEC) will provide 700 megawatts (MW) of electricity for the Riyadh Metro and Haramain Railway projects.
The Ritz-Carlton, Riyadh further established its position as a major hotel in the Kingdom winning two awards during the Arabian Travel Market (ATM) in Dubai earlier this month.
Prince Turki bin Abdullah bin Abdul Aziz disclosed here Thursday that 200 Saudi engineers will be working side by side with engineers from international firms in the multibillion riyal King Abdul Aziz Public Transportation (KAPT) project which is already in the first stages of implementation.